
Ningbo Ocean Shipping launches $390M fleet and container expansion
Ningbo Ocean Shipping's board approved a capital program exceeding $390 million to boost its fleet and container inventory. Up to $246 million will fund four 1,900‑TEU feeder vessels, while $145 million is earmarked for acquiring 64,500 TEU of new containers.
Also developing:

The Thai‑flagged bulk carrier Mayuree Naree, a 30,000‑dwt vessel owned by Precious Shipping, was struck by two projectiles in the Strait of Hormuz on March 11, igniting an engine‑room fire and forcing abandonment. Twenty crew members were rescued by Oman’s navy, but three remain missing and are feared trapped. The disabled ship drifted for days before running aground on Iran’s Qeshm Island, prompting a joint Omani‑Iranian rescue effort. Precious Shipping says the vessel was in ballast, covered by war‑risk insurance, and expects no material financial loss.

BAE Systems held its ninth annual Partner 2 Win Supplier of the Year ceremony in Boston, honoring twelve suppliers for outstanding 2025 performance. The awards recognize on‑time delivery, high quality, and collaborative technology development across aerospace, defense, and security. Winners include precision‑machined...

Prometeia’s latest outlook warns that the Iran‑Hormuz conflict and resulting energy shock are eroding global growth in 2026. Euro‑area GDP is trimmed to 0.8%, a 0.4‑point downgrade, as gas reserves dwindle and inflation‑driven recovery stalls. The United States is projected...
Vertical Aerospace announced a strategic partnership with Italy’s Isoclima S.p.A. to design and manufacture the complete transparency suite for its upcoming Valo eVTOL, including pilot and passenger canopies and glazing systems. The agreement secures long‑term supply stability and technical continuity...
Fareway Stores has begun construction on a 105,000‑square‑foot freezer expansion at its Boone, Iowa distribution center, slated for completion in mid‑2027. The addition will almost double pallet capacity, increase pallet facings by about 33%, and convert frozen space into extra...

A new Predictive Reliability Index (PRI) framework uses machine learning to forecast carrier‑level pickup defects, achieving an 85% accuracy rate and a 30% reduction in high‑risk defects. The model ingests over 147 data points, distills them to 20 key predictors,...

LOGISTEED will integrate the domestic freight forwarding functions of ALPS Logistics into LOGISTEED Express, effective April 1 2026. The consolidation aims to simplify operations, standardize processes, and improve consistency amid increasingly complex supply chains driven by geopolitical risks and market volatility. By...

Virginia‑based Applied Rapid Technologies (ART), a division of Obsidian Solutions Group, has been named the prime contractor for the Defense Logistics Agency’s Joint Additive Manufacturing Acceptance (JAMA) Indefinite Delivery/Indefinite Quantity pilot program. The award positions ART to supply 3D‑printed, flight‑safety‑critical...

U.S.-flagged Great Lakes freighters are immobilized in the St. Marys River and Whitefish Bay after the Soo Locks opened, as ice up to two feet thick—covered by three feet of snow—blocks passage. The sole U.S. heavy icebreaker, the Coast Guard cutter...

G6 Hospitality, the parent of Motel 6 and Studio 6, has unveiled G6 Marketplace, an enterprise‑grade procurement platform for its US and Canada franchise network. The digital hub consolidates suppliers, inventory, pricing and ordering, allowing franchisees to source supplies, lock...

Schneider Electric’s Global Autonomous Maturity Report surveyed 400 energy and chemical executives across 12 nations, finding that 31.5% view advancing autonomy as a top priority for the next five years and 44% see it as critical over the next decade....

Iona, founded by French entrepreneur Etienne Louvet, is set to launch Ireland’s first commercial drone delivery service by the end of 2026. The startup has raised nearly €4.5 million (about $4.9 million) and is classified as a high‑potential venture by Enterprise Ireland....

"The biggest supply disruption in history." The war in Iran has closed the straight of Hormuz, damaged energy infrastructure across the region, and sent shockwaves across the global oil & gas industry. It's so big, it's hard to get your...
We should get back to the topic of chronically insufficient procurement of weapons that we can produce and could have been easily contracted.
The Trump administration granted a 60‑day waiver of the Jones Act to ease oil market disruptions amid rising crude prices and supply‑chain strains from the Iran conflict. The Jones Act, a 1920 cabotage law requiring U.S.-flagged, U.S.-built vessels for domestic...

Flatbed rejections remain extremely elevated as we head into the weekend. Half of all flatbed loads are being turned down by operators. https://t.co/RMKQZhvvwh

2026: the year your ERP starts doing the work. Stop staring at dashboards: let SAP Business One agents handle the heavy lifting 🤖 $SAP #SAPBusinessOne #ERP #AI #Automation #Wholesale #Distribution Schedule a meeting with me: https://info.quaintbusiness. https://t.co/s1WiQMkWva

Datalogic announced that its newly launched Matrix 830/930 barcode reader has been selected by a leading European courier and parcel operator for high‑volume logistics. After a rigorous head‑to‑head technical evaluation, the operator plans to deploy dozens of the devices across its...
The claim that the U.S. Navy allocated nearly $1 billion to automate submarine production cannot be substantiated from the provided source material. Consequently, specifics about the program, its participants, and its impact remain undisclosed.
Ford Motor Co. is adding a third shift at its Dearborn Truck Plant to produce an extra 50,000 F-150 pickups in 2026 after a fire at aluminum supplier Novelis crippled output. The shortage has forced the automaker to prioritize high‑margin...

The article warns that the global economy’s drive for efficiency has created fragile single points of failure, exemplified by Iran’s effective closure of the Strait of Hormuz, which carries roughly one‑fifth of world oil and a quarter of fertilizer. This...
Amazon announced its internal Project Kobe, a blueprint for 225,000‑sq‑ft supercenters that blend grocery, general merchandise and a warehouse‑scale fulfillment hub. The pilot stores in Illinois and New Jersey will rely on AI‑driven assortment planning and warehouse robots, a move...

ELEGOO made its PAX East debut, unveiling an immersive 3D‑printing experience that highlighted the first public showcase of its new Centauri Carbon 2 Combo desktop printer. The booth combined live printing demos, influencer‑led cosplay displays and gaming‑themed models to illustrate how...
The European Union and Australia have signed a comprehensive free‑trade agreement after eight years of talks, eliminating most tariffs on goods and creating a dedicated pathway for critical minerals. The pact is expected to boost Australian exports, tighten supply chains...
Iran announced a new toll of up to $2 million for commercial ships passing the Strait of Hormuz, a move that threatens to raise shipping costs and tighten global oil supplies. The fee comes amid heightened missile attacks, diplomatic deadlock and...

UK average petrol price reached 150.11 pence per litre (≈£1.50/$1.88), with diesel at 177.68 pence (≈£1.78/$2.22), the highest levels since May 2024. The surge, tied to the Iran‑Israel conflict and rising crude, is inflating motorists’ travel costs and feeding broader inflation worries. At...

Brazil imported 17.9 GWp of photovoltaic modules in 2025, a 24% drop from 2024’s 22.3 GWp. Distributed‑generation projects absorbed 79% of the volume, even as new installations slowed to 8.8 GW, down from 10 GW a year earlier. The decline coincided with a sharp...

Looks like all is not well between Iran and China/COSCO as two of their ships were turned around at the toll gate. "COSCO’s ships are a new gauge for Hormuz crisis" https://t.co/i9oWIPHi5V https://t.co/266IvJBUES
Cosco. Chinese container line. Does not sail in the Strait of Hormuz. Why not with China being an oil customer and ally to Iran? What is the back story?

CADEXSOFT unveiled Manufacturing Toolkit 2026.2, a CAD SDK aimed at developers of quoting and Manufacturing‑as‑a‑Service platforms. The update introduces oriented bounding cylinders, external thread recognition for CNC machining, and enhanced workbench and web visualization features. New measurement tools and real‑time parameter...

ANA Holdings is consolidating the sales and warehousing functions of its recent acquisition, Nippon Cargo Airlines (NCA), with its ANA Cargo unit starting 1 April. The move creates a single global sales point and merges domestic warehouses at Chubu Centrair and...
President Trump says that “we don’t need the Hormuz Strait. We have so much oil, our country is not affected by this.” TRUMP = CLEARLY UNHINGED = HAS LOST TOUCH WITH REALITY. https://t.co/VFVUQDKzXd

Global metal additive manufacturing leader Eplus3D has announced a partnership with Turkish engineering firm infoTRON to bring its metal powder‑bed fusion (PBF) systems to the Türkiye market. The collaboration integrates Eplus3D’s large‑format, multi‑laser printers into infoTRON’s portfolio, targeting aerospace, automotive,...

Freightos announced a global workforce reduction of up to 15%, affecting roughly 50‑60 roles, as part of a cost‑optimisation plan aimed at reaching adjusted EBITDA breakeven by the end of 2026. The company expects $1.3 million in restructuring expenses but anticipates...

Damen Shipyards Group closed 2025 with revenue climbing to $3.58 billion, up from $3.32 billion, and EBITDA rising roughly 10% to $204 million. Net profit reached $67 million, a modest increase from $64 million the prior year, while the order book now tops $11 billion, underpinning...

One year after President Trump’s “Liberation Day” tariffs took effect, small‑business owners report ongoing pain from $140 billion in duties ruled illegal by the Supreme Court. Refunds for those tariffs remain unpaid, while the administration has substituted new duties under sections...
From Liberation to other trade threats is the US with the EU. Now here comes China to the EU. Trade upheaval? Maritime? What lies ahead?

Europe’s Solar Stewardship Initiative (SSI) awarded its first Supply Traceability Standard Bronze certifications to two Astronergy module factories in China, marking the inaugural implementation of the standard launched in December 2024. The inspections, conducted by German technical institute TÜV Rheinland, confirmed...

IAG Cargo unveiled its summer 2026 schedule, launching a new four‑times‑weekly London Heathrow‑St Louis service that marks its 27th U.S. destination. The carrier also boosted weekly frequencies on Chicago and Washington routes to 21 flights and doubled services to Austin and...

Adani Ports and Special Economic Zone Ltd (APSEZ) has launched India’s first Port of Refuge (PoR) at Dighi on the west coast and Gopalpur on the east coast. The PoR framework, defined by the International Maritime Organization, provides safe harbor...

Shares of Tata Motors fell 5.6% to a 52‑week low of ₹301.10 (about $3.67) after Jaguar Land Rover halted production at its Solihull plant because of a supplier parts issue expected to last until April 8. The stoppage affects high‑margin models such as...

SanDisk, Kioxia and Solidigm are each investing roughly $500 million, with SanDisk contributing $1 billion, in a $2.5 billion private‑placement deal for a 3.9% stake in Taiwan’s Nanya Technology. The equity purchase is paired with a multi‑year supply agreement that guarantees each SSD...

Nordic Cold Chain Solutions (NCCS) has opened a GLP‑1 & Small‑Format Packaging Innovation Lab to help pharmaceutical manufacturers, specialty pharmacies and e‑commerce players manage temperature‑sensitive drugs. The lab provides end‑to‑end services from early‑stage design and pilot testing to high‑volume production,...

The Iran‑U.S. conflict has halted Qatar’s helium output, wiping out roughly a third of global supply. With Qatar accounting for over 30% of the market, helium prices have spiked, prompting semiconductor makers to seek alternative sources. Russia, the world’s third‑largest...

The US International Trade Commission has opened a Section 337 investigation into TOPCon solar cells, modules and related products after First Solar filed a complaint naming 47 respondents across 11 countries. First Solar alleges infringement of patents 1, 2, 4 and 8 and seeks...

UK defence minister Luke Pollard confirmed the nation largely sources advanced ceramic matrix composites (CMCs) from the United States and Japan. CMCs, critical for high‑temperature propulsion and aerospace platforms, remain scarce domestically as the UK’s own production capability matures. The...

DB Cargo’s 2025 operating result improved by €350 million (≈ $381 million), yet the freight division still posted a modest loss of €7 million (≈ $7.6 million) after a €357 million loss in 2024. Revenue slipped €434 million (‑8%) driven by weaker performance in Germany, the UK and...

DP World has installed three semi‑automated quay cranes at its Jeddah Islamic Port terminal, part of an $800 million modernization program that doubles capacity from 1.8 million to 4 million TEU, with a long‑term goal of 5 million TEU. The ZPMC cranes, each lifting...