Ardmore Shipping Co. (NYSE:ASC) Given Average Rating of “Moderate Buy” by Analysts
Shares of Ardmore Shipping Co. (NYSE:ASC – Get Rating) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are...
Category : Freight
China’s military drills near Taiwan disrupt key shipping lanes
SINGAPORE, Aug 5 (Reuters) – China’s military exercises in the waters around Taiwan have prompted some ships to navigate around the Taiwan Strait and give...
China Merchants Port sets up bulk cargo hub in South China
To further improve regional bulk cargo management efficiency and strengthen competitiveness, the group consolidates the operation for China Merchants Port Service and Chiwan Port and set...
Nippon Steel forecasts 6% profit drop, beating market estimate
Japan’s top steelmaker Nippon Steel Corp 5401.T on Thursday predicted a 6% drop in annual net profit due to lower output, a far smaller fall...
ILO urges industry to take action against discrimination and abuse at sea
THE INTERNATIONAL Labour Organization is calling for stronger action in preventing discrimination, physical abuse and mental abuse at sea. The ILO’s Special Tripartite Committee said...
ESG focused digital maritime platform RightShip to acquire
RightShip, one of the world’s leading ESG focused digital maritime platforms, today announced the acquisition of Thynk Software’s maritime tech business. Thynk’s Founder and CEO,...
Eagle Bulk Shipping: Q2 Earnings Snapshot
STAMFORD, Conn. (AP) _ Eagle Bulk Shipping Inc. (EGLE) on Thursday reported second-quarter earnings of $94.5 million. The Stamford, Connecticut-based company said it had profit...
Great Eastern Shipping Company delivers midsize gas carrier ‘Jag Vijaya’
Great Eastern Shipping Company has delivered its 1997 built midsize gas carrier ‘Jag Vijaya’ to the buyers.The vessel was contracted for sale in May 2022....
Railways freight transport up 8% in July as it carries coal nationwide
Indian Railways transported 122.14 million tonnes (mt) freight in July, marking an 8.25 per cent increase against the same period last year as it ferries...
Vector.ai Adds Freight Forwarder Finance Tool
Vector.ai has announced the introduction of payment integrations to its productivity platform for freight forwarders. With automated finance management via the platform and partner network,...