Category: News

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Qantas sets up seasonal Las Vegas flights

… events and expos including the Consumer Electronics Show (CES), the world’s largest and …

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Shipping to and from the Upper Gulf, Arabian Gulf, and Persian Gulf? A War Risk Surcharge (WRS) is coming up

… War Risk Surcharge (WRS) for cargo to and from the Upper … (WRS) will take effect for cargo to and from the Upper … applicable with immediate effect (excluding cargo that falls under FMC or … shipped, as well as to cargo already on the water but …

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Maersk, Hapag-Lloyd shares surge as Middle East crisis disrupts shipping

Shares in European shipping companies climbed on Monday as … , tightening global shipping capacity and fueling expectations of higher freight rates. Maersk … disruption is likely to push freight rates higher alongside rising oil …

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Iran war wreaking havoc on shipping and air cargo, could create global delays

cargo from further collateral damage. The Jebel Ali shipping … violence, and urged all shipping companies to exercise maximum … innocent seafarers or civilian shipping is ever justified. … Several shipping companies have suspended or rerouted cargo travel in …

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Scholarship applications open for students of automotive manufacturing

… ) – Alabamians interested in pursuing automotive manufacturing careers can apply to … College System and the Alabama Automotive Manufacturers Association are continuing their … /Machine Tool/CNC Automotive Service Technology Robotic Welding Technology …

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Shipping lines suspend new cargo bookings

KARACHI: Shipping lines have temporarily suspended all new cargo bookings to and … international shipping lines have simultaneously issued fresh advisories, suspending all new cargo … East. Sources within the shipping industry confirmed that the advisories …

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US vs Iran: Shippers risk 400% hike in war-risk insurance, 40% freight spike

… cent rise in freight rates, as shipping giants reroute vessels … the major routes for cargo to and from Nigerian … ongoing crisis hurts global shipping, the International Maritime Organisation … cargo they are going to pick will receive the increase. “So, freight

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Middle East oil shipping costs surge to all-time high as Iran war intensifies

… of Hormuz, LSEG data showed. Shipping through the strait between Iran … Israeli strikes. The benchmark freight rate for very large crude … industry measure used to calculate freight rates, as of Monday … very difficult to assess oil shipping rates in the Gulf …

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Origence Grows 17% in Fundings, Expands AI Lending Tech

Origence, the leading lending technology solutions provider for credit unions,  … deepening strategic partnerships and advancing technology solutions, we’re committed to … focused on credit union lending technology, Lending Tech Live, held in Palm …

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Automobile industry remains uncompetitive: CCP

ISLAMABAD: Pakistan’s automobile industry remains structurally uncompetitive due … Pakistan (CCP) warned in its automobile sector study. These challenges are … and build a globally competitive automobile industry amid persistent economic challenges …

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Structural, regulatory challenges: CCP launches report on automobile industry

… – A Study of Pakistan’s Automobile Industry,” highlighting structural and regulatory … foster competition and efficiency. The automobile industry remains a cornerstone of … CCP noted that a competitive automobile industry can deliver significant benefits …

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YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’

… is one of the latest tech trailblazers to warn about social … served as YouTube’s chief technology officer before it was acquired … health problems. Chen joins fellow tech trailblazers in sounding the alarm …

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Middle East oil shipping costs surge to all-time high as US-Iran conflict intensifies

… LSEG data showed. The benchmark freight rate for very large crude … Hormuz and surrounding waters, shipping data showed on March 1 … the broader backups, and cargo could soon start piling up … . These cancellation notices mean shipping companies with vessels in the …

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China Tweaks Sci-Tech Bond Rules to Boost Hard Tech Funding

technology and innovation bonds, aiming to steer more funding into “hard tech … that established a dedicated “sci-tech board” in the bond market … are intended to better support technology companies at various stages of …

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AI technology detects real-time koala crossing in first for field 

… School of Information and Communication Technology (ICT) in partnership … time video analysis, the technology demonstrated it could detect … “This is more than a tech milestone – it’s a … in science-based conservation, technology and community-led programs. …

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From ST Engineering, SIA to shipping: What stands to gain or lose from the Iran conflict?

… the physical constraint of shipping lanes remains the primary … uncertainty. Even the shipping sector had pockets of … of higher freight rates lifted Yangzijiang Shipbuilding by 2. … noted Morningstar DBRS analysts. Shipping lines faced similar dislocation. …