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Business
Seatankers Expands Newcastlemax Fleet with $600 Million Chinese Shipbuilding Program
Shipping company Seatankers Management, linked to shipping magnate John Fredriksen, has expanded its Newcastlemax bulker construction program in China. The company has exercised options for four additional 210,000-dwt bulk carriers at Panjin Dajin Offshore...
Business
Eco-Friendly Vessels to Drive the Development of Offshore Wind Energy in South Korea
South Korean companies HD Hyundai Heavy Industries and Malcon have signed a cooperation agreement to develop specialized service operation vessels for offshore wind farms. The project involves the creation of a Korean-designed eco-friendly vessel...
International trade
European Freight Transport by 2030: Major Cargo Flows Shift Eastward
The European road freight market is entering a new phase of transformation. Over the past two decades, the largest economies of Western Europe have remained the main centers of transport activity. However, by 2030...
Digital technologies
Iveco Strator Returns: New Generation to Debut in July
The European truck market is preparing for the return of one of its most distinctive vehicles. After several years out of production, the Iveco Strator — a bonneted long-haul truck that has long been...
Business
Italy’s Freight Transport Sector Faces Rising Costs and Infrastructure Pressure
Italy’s transport and logistics industry continues to play a vital role in the national economy, yet new data suggest that the sector is entering a period of increasing operational pressure. According to the second...
Transport and shipping
U.S.-Iran Agreement Could Pave the Way for the Restoration of Global Logistics Routes
The global logistics market is showing signs of a possible de-escalation of one of the most significant geopolitical crises of recent years. Pakistani Prime Minister Shehbaz Sharif stated that the United States and Iran...
Transport and shipping
South Africa Opens Its Rail Network to Private Operators
South Africa has launched one of the most ambitious transportation reforms in its history. State-owned freight and logistics company Transnet has granted access to the national rail network to 11 private freight operators.
For the...
Regulators and laws
Kenya Moves Government Procurement Fully Online: Reform Could Save Billions of Shillings Annually
Kenya is preparing to implement one of the most significant public sector reforms in its recent history. Finance Minister John Mbadi has announced that, effective 1 July 2026, all government procurement activities will be...