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Published on May 8, 2025

UK confirms largest ever sanctions targeting Russia’s $24 billion oil ship fleet

Russia’s secretive fleet of oil tankers is to be hit with the largest ever sanctions package today, as the UK ramps up pressure on Vladimir Putin. The new action will be announced by Keir Starmer at the Joint Expeditionary Force meeting in Oslo.Russia has …

Source: Daily Express - Right-wing
Published on 03:13 GMT

US Treasury Takes on Cartels Part Deux: Combating Cartel-Connected Oil Smuggling Schemes

The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of Foreign Assets Control (OFAC), the US Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), and Homeland …

Source: JD Supra - California - Neutral
Published on May 9, 2025

Persian Gulf: Our waters, our lands

TEHRAN – A land or body of water can hold diverse meanings. The Persian Gulf, for example, is a vital waterway for global oil transport, an exotic destination for tourists, and a geostrategic location for military forces. But for those who have thrived …

Source: Tehran Times - Gov't Propaganda
Published on May 9, 2025

Putin & Xi to Discuss Energy Cooperation & Stalled Siberia 2 Pipeline During Moscow Visit

Russian President Vladimir Putin and Chinese President Xi Jinping are scheduled to discuss energy cooperation, including the proposed Power of Siberia 2 natural gas pipeline, during Xi's visit to Moscow, a Kremlin aide confirmed Tuesday. The talks are …

Source: Pipeline Technology Journal - Neutral
Published on May 9, 2025

Xuyen Viet Oil case: High-level People’s Procuracy justifies sentences for all seven defendants

HCM City (VNA) – The High-level People's Court in Ho Chi Minh City continued the appellate hearing on May 8 for the high-profile corruption case involving the Xuyen Viet Oil Transport, Trading and Tourism Co., Ltd (Xuyen Viet Oil), with the prosecutors …

Source: VietnamPlus - Pending
Published on May 8, 2025

Treasury sanctions Chinese firms, ships for role in Iranian oil sales

The Treasury Department on Thursday slapped sanctions on several Chinese companies and other elements the department said are involved in buying millions of dollars’ worth of Iranian oil. The sanctions were imposed on China’s Hebei Xinhai Chemical Group Co …

Source: The Washington Times - Right-wing
Published on May 8, 2025

U.S. Sanctions Chinese Port Operators, Teapot Refinery Over Iranian Oil Shipments

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today a significant expansion of sanctions targeting Iran’s oil export operations, marking its first action against terminal operators in China’s Shandong Province. The …

Source: gCaptain - Neutral
Published on May 8, 2025

US Tightens Grip On Iranian Oil Exports, Sanctioning Chinese Refinery

In an escalation of its “maximum pressure” campaign against Iran, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced sanctions targeting a Chinese independent “teapot” refinery, three port terminal operators in …

Source: The Free Press - Tampa - Florida - Neutral
Published on May 8, 2025

Bahri Posts SAR 533M Profit In Q1 2025 Amid Market Headwinds

Bahri’s logistics rebound, diversified earnings, and operational resilience fueled an 18% profit surge year-on-year Q1 2025 EBITDA of SAR 1.20 billion (+14% YoY) and net profit of SAR 533 million (+18% YoY), reflecting resilience across its core shipping …

Source: Construction Business News Middle East - Neutral
Published on May 8, 2025

Bahri Q1 net profit up 18% to $142m; firm hits 100 ships milestone

The National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, reported an 18% increase in net profit to SAR533 million during the first quarter, compared to the same period in 2024. Q1 2025 EBITDA was SAR1. …

Source: Trade Arabia - Neutral
Published on May 7, 2025

UNITY Shipping Worldwide: New Era of Nigerian Global Shipping

With the ink barely dry on a landmark agreement, the Nigerian maritime industry stands on the cusp of transformation. In a historic move, the Nigerian National Petroleum Company Limited has partnered with Swedish global shipping titan, Stena Bulk and …

Source: This Day - Pro-Government
Published on May 8, 2025

BAHRI REPORTS FIRST QUARTER 2025 RESULTS WITH 18% NET PROFIT GROWTH

(MENAFN- PR Newswire) Q1 2025 EBITDA of SAR 1.20 billion (+14% YoY) and net profit of SAR 533 million (+18% YoY), reflecting resilience across its core shipping businesses amid prevailing market headwinds, and supported by a profit turnaround in Integrated …

Source: MENAFN - Indeterminate
Published on May 7, 2025

Al-Sharaa signals Syria-Israel talks as Paris visit tests Western waters

Syria’s interim president, Ahmad al-Sharaa, revealed Wednesday that Damascus is engaged in indirect talks with Israel to defuse tensions following a deadly Israeli air campaign – his first public admission of diplomacy with a longtime enemy. Al-Sharaa, …

Source: Sabah - Pending
Published on May 7, 2025

Stranded on a ship near Sharjah for 3 months, Egyptian sailors call for help

An Egyptian crew on board the oil ship “Petro 1,” owned by Petrofleet, a free zone limited liability company, appealed to the Foreign Ministry and the Egyptian Consulate in Dubai to intervene quickly and rescue them, after being stranded at sea for three …

Source: Egypt Independent - Pro-Government
Published on May 7, 2025

UNITY Shipping Worldwide: Setting Sail On A New Era Of Nigerian Global Shipping

With the ink barely dry on a landmark agreement, the Nigerian maritime industry stands on the cusp of transformation. In a historic move, the Nigerian National Petroleum Company (NNPC) has partnered with Swedish global shipping titan Stena Bulk and …

Source: Daily Independent - Pending
Published on May 6, 2025

Appeal trial opens for Xuyen Viet Oil case

HCM City (VNA) - The High-level People’s Court in Ho Chi Minh City on May 6 opened the appellate hearing for the high-profile corruption case involving the Xuyen Viet Oil Transport, Trading and Tourism Co., Ltd (Xuyen Viet Oil). According to the indictment …

Source: VietnamPlus - Pending

02 days 22:42:07

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Published on May 9, 2025 - 14:00 GMT

HII Welcomes High School Seniors to Shipbuilding Careers at Newport News Shipbuilding

NEWPORT NEWS, Va., May 09, 2025 (GLOBE NEWSWIRE) -- More than two dozen high school seniors know what they’ll be doing after graduation this year, after accepting offers to begin their shipbuilding careers at HII’s (NYSE: HII) Newport News Shipbuilding …

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Published on May 9, 2025 - 10:00 GMT

Automotive Load Floor Market to Reach USD 494.8 Million by 2035, Rise in Utility-Oriented Vehicle Production

Automotive Load Floor Market grows with demand for enhanced cargo space, lightweight materials, and vehicle interior customization. NEWARK, DE, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The global automotive load floor market is poised …

Distribution channels: Automotive Industry ...

Published on May 8, 2025 - 19:21 GMT

CBP Acting Commissioner Pete Flores addresses the Trade and Cargo Security Summit

NEW ORLEANS – Good afternoon, everyone. It's a full room. It’s good. It’s good to see the participation here today and everybody in the room really for a week of collaboration with us, really, as we start this off. That's what this event is for, …

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Published on May 8, 2025 - 13:00 GMT

U.S. Cargo Drones Market to Reach $3,275.1 Million by 2030 – Revolutionizing Logistics!

Delray Beach, FL, May 08, 2025 (GLOBE NEWSWIRE) -- The report "US Cargo Drones Market by Solution [Avionics, Route Planning & Optimizing, Fleet Management, Ground Control Stations, Services], Range (Short, Mid, Long) , Payload (10-49 Kg, 50-149 Kg …

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Published on May 7, 2025 - 09:18 GMT

AsstrA at Transport Logistic 2025 in Munich

AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025. SWITZERLAND, May 7, 2025 /⁨EINPresswire.com⁩/ -- AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025, the world …

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Published on May 7, 2025 - 20:20 GMT

Genco Shipping & Trading Limited Announces Q1 2025 Financial Results

Declares Dividend of $0.15 per share for Q1 2025 Represents Genco’s 23ʳᵈ Consecutive Quarterly Dividend Announces a $50 Million Share Repurchase Program Building on Long-Standing Dividend Strategy NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Genco Shipping …

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Published on May 7, 2025 - 18:53 GMT

22 Shipping Companies Presenting at the 2nd Maritime Leaders Summit Hosted By: Capital Link & DNV - Nor-Shipping - ...

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Senior executives from 22 leading shipping companies will participate on panels discussions at the “2nd Maritime Leaders Summit” on Monday, June 2, 2025, at the Clarion Hotel The Hub in Oslo, Norway. The event is …

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Published on May 6, 2025 - 21:03 GMT

2025 Providence Maritime Welding Competition Showcases Student Talent and Career Pathways in Shipbuilding

PMFG's Maritime Welding competition brought together students, educators, and industry leaders highlighting opportunities in shipbuilding & manufacturing. PROVIDENCE, RI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The 2025 …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 04/18/2025

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Published on May 9, 2025 - 18:52 GMT

Royal 4 Systems Partners with Labor AI’s ELS solution for their WISE 11.0 cloud WMS

Royal 4 Systems announced the release of LaborAI’s Engineered Labor Standards solution in WISE Warehouse Management System (version 11.0) LONG BEACH, CA, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Royal 4 Systems, a leading producer and …

Distribution channels: Automotive Industry, Healthcare & Pharmaceuticals Industry ...
Published on May 9, 2025 - 18:49 GMT

Executives Discuss Trade Uncertainty and Share Trends and Insights at the 3PL Value Creation Asia Summit

The summit brings together executives from third-party logistics (3PL), supply chain and logistics professionals, investors, and technology experts. BROOKFIELD, WI, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- On July 9th, Armstrong & …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 16:02 GMT

Statement from NRLCA President Don Maston on the Appointment of David Steiner as USPS Postmaster General

WASHINGTON, DC, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The United States Postal Service is one of our nation’s oldest and most trusted institutions, rooted in a 250-year legacy of public service. As the USPS Board of Governors confirms …

Distribution channels: Business & Economy, Companies ...
Published on May 9, 2025 - 22:03 GMT

Landstar System to Release First Quarter Results on Tuesday May 13, 2025

JACKSONVILLE, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2025 first quarter results before the market opens on Tuesday, May 13, 2025, and will then hold its quarterly conference call with …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 9, 2025 - 10:00 GMT

MindCloud Awarded the Spring 2025 High Achiever Award by TopBusinessSoftware.com

MindCloud, proudly announces that it has been awarded the Spring 2025 High Achiever Award from TopBusinessSoftware.com. CLEARWATER, FL, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- MindCloud, a leader in AI-powered software integrations, …

Distribution channels: Agriculture, Farming & Forestry Industry, IT Industry ...
Published on May 9, 2025 - 20:15 GMT

Navigator Gas Announces 2025 Annual Meeting

LONDON, May 09, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, today announces that its 2025 …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 20:15 GMT

Okeanis Eco Tankers Corp. – Invitation to Q1 2025 Results Conference Call and Webcast

ATHENS, Greece, May 09, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the first quarter of 2025, after market close on the NYSE, on Wednesday, May 14, 2025, and …

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Published on May 9, 2025 - 20:05 GMT

Navigator Gas Announces Change to Board of Directors

LONDON, May 09, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces the following change to …

Distribution channels: Companies, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 20:00 GMT

Integrated Rail & Resources Executes a 7-Year Supply and Offtake Agreement with Shell for Crude Oil Processing Facility

WINTER PARK, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Integrated Rail & Resources Acquisition Corp. (OTC: IRRX) (“IRRX”) and Shell Trading (US) Company (“Shell”) have entered into a 7-year supply and offtake agreement under which STUSCO will supply crude …

Distribution channels: Media, Advertising & PR, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 18:04 GMT

DP World Signs Agreement to Launch $760M Port & Free Trade Zone in Dominican Republic

SANTO DOMINGO, Dominican Republic, May 09, 2025 (GLOBE NEWSWIRE) -- DP World has signed a landmark US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of Caucedo and its Free Trade Zone, setting …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on May 9, 2025 - 06:02 GMT

Martinus Rail and A1 Technologies: Cost Consolidation and Strategic IT Roadmap for Nearly $1M Savings

Strategic IT roadmap aligned spend, security, and governance—optimising Microsoft 365 and cutting nearly $1M in costs over 3 years. BRISBANE, AUSTRALIA, May 9, 2025 /⁨EINPresswire.com⁩/ -- A1 Technologies, a Microsoft Solutions Partner and provider of …

Distribution channels: IT Industry, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 17:06 GMT

GXO meldet Ergebnisse für das erste Quartal 2025

Umsatz steigt im ersten Quartal gegenüber dem Vorjahr um 21 % auf 3 Milliarden USD, bei einem organischen Umsatzwachstum von 3 % Die Umsatzpipeline wurde auf ein Dreijahreshoch von 2,5 Milliarden USD gesteigert, Wincanton ausgenommen Rückkauf von 2,8 …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 17:06 GMT

GXO publie ses résultats du premier trimestre 2025

Chiffre d’affaires arrêté à 3 milliards de dollars, soit une progression de 21 % en glissement annuel et croissance organique à hauteur de 3 % Prévisions commerciales à 3 ans de l’ordre de 2,5 milliards de dollars, hors Wincanton 2,8 millions d’actions …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 12:00 GMT

Xos, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call

LOS ANGELES, May 09, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its first quarter 2025 operating results on Wednesday, May 14, 2025 after …

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Published on May 9, 2025 - 09:53 GMT

Nordic American Tankers Ltd (NYSE: NAT) – The company is in an active phase of development

Friday, May 9, 2025 Dear Shareholders and Investors, The first months of 2025 since the end of 2024 has been the most active period in Nordic American (NAT) for several years. The path forward is up. Dividend is a priority. As per previous …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 20:36 GMT

AI vs. Tariffs in Global Trade: New 2025 Report Details AI Mitigation for Soaring Costs & Trade Contraction

global trade landscape faced a shock in early 2025, caught in the crosscurrents of aggressive tariff regimes and the transformative power of (AI). LONDON, UNITED KINGDOM, May 8, 2025 /⁨EINPresswire.com⁩/ -- The global trade landscape faced a …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 18:03 GMT

Mallplaza growth in visitor flows, revenue and EBITDA positioning it as the fastest-growing company in the industry

The performance of its unique portfolio in the Andean Region stands out, leader in tenant sales and revenues SANTIAGO, CHILE, May 8, 2025 /⁨EINPresswire.com⁩/ -- Mallplaza continues to post positive financial results. In 1Q2025, the company …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:32 GMT

Polyvance Expands Heavy Truck Hood Repair Solutions with New Kits for Peterbilt 579 and Kenworth T800 Models

RAINSVILLE, AL, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Polyvance, a leader in automotive and industrial plastic repair solutions, is pleased to announce the launch of two innovative heavy truck hood repair kits: one specifically …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:10 GMT

Movers.com Offers Expert Tips for Stress Free Moves This 2025 Peak Season

With the busy moving season officially underway in May, Movers.com shares essential planning tips to help Americans relocate smoothly and affordably. NORTH BRUNSWICK, NJ, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- As the U.S. enters its …

Distribution channels: Real Estate & Property Management, Shipping, Storage & Logistics ...
Published on May 8, 2025 - 14:15 GMT

Fastport Partners with American Trucking Associations' Workforce Heroes Program to Support Veteran Career Transition

Fastport partners with ATA’s Workforce Heroes Program to help Veterans transition into trucking and transportation careers. WASHINGTON, DC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Fastport, a leader in helping military veterans transition into …

Distribution channels: Business & Economy, Companies ...