Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Middle East Transportation News.
Turkish university student secures first place in tech competition in Portugal
MENAFN
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July 23, 2025
(MENAFN) A Turkish university student has secured first place at a major technology competition in Portugal, thanks to an AI-driven travel app inspired by his time abroad. Yusuf Yilmaz, currently studying computer engineering at a university in...
Light Detection and Ranging (LiDAR) Market Growth Fueled by Autonomous Vehicles & Smart Infrastructure Projects
EIN Presswire
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August 19, 2025
LiDAR Market grows with autonomous vehicles, drone mapping, smart city projects, and demand for high-precision 3D environmental monitoring. MONTANA, MT, UNITED STATES, August 20, 2025 /EINPresswire.com/ -- The Light Detection and Ranging (LiDAR)...
Truck-as-a-Service (TaaS) Market Gains USD 29.49 in 2025 Driving 20.17% CAGR
GlobeNewswire, Inc.
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July 22, 2025
Ottawa, July 22, 2025 (GLOBE NEWSWIRE) -- The global Truck-as-a-Service (TaaS) market size reached approximately USD 29.49 Billion in 2025, with project–tions suggesting it will climb to USD 161.76 Billion in 2034, according to a report from...
Iranian, Russian naval forces begin joint army exercise
MENAFN
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July 22, 2025
(MENAFN) Iranian and Russian naval forces have commenced a joint military exercise in the Caspian Sea, according to reports. The three-day operation, named CASAREX2025, is organized by Iran’s Northern Fleet and features participation from warships...
U.S. Strikes Iran with Sweeping Sanctions
MENAFN
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July 31, 2025
(MENAFN) In its most extensive move against Iran in years, the United States on Wednesday unveiled sanctions targeting over 100 individuals, companies, and ships linked to what officials described as a sprawling maritime operation overseen by...
Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2025
GlobeNewswire, Inc.
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July 30, 2025
ATHENS, Greece, July 30, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $9.1 million and net income...
Performance Shipping Inc. Announces Naming and Delivery of M/T P. Massport, First of Four Newbuild Tankers on Order
GlobeNewswire, Inc.
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July 31, 2025
ATHENS, Greece, July 31, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, is pleased to announce the successful naming and...
Diana Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2025; Declares Cash Dividend of $0.01 Per Common Share for the Second Quarter 2025
GlobeNewswire, Inc.
·
July 30, 2025
ATHENS, Greece, July 30, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $4.5 million and...
US Expands Sanctions on Iran
MENAFN
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July 31, 2025
(MENAFN) The United States has introduced extensive new restrictions against Iran’s global maritime operations, accusing the network of unlawfully channeling tens of billions of dollars in oil profits to Tehran. The penalties, disclosed on...
Fire Pump Market Growth Driven by Industrial & Commercial Fire Safety Needs
EIN Presswire
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August 20, 2025
🔥 Fire Pump Market to Hit $1.1 Billion by 2032 | Rising Demand for Fire Safety Systems WILMINGTON, DE, UNITED STATES, August 20, 2025 /EINPresswire.com/ -- Fire Pump Industry Overview According to a new report published by Allied Market...
US Senate Dismisses Halting Arms Shipment to Israel
MENAFN
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July 31, 2025
(MENAFN) The United States Senate dismissed two measures put forward by Senator Bernie Sanders on Wednesday, which aimed to stop weapons shipments to Israel in light of severe hunger in the Gaza Strip. The first initiative, known as S.J. Res. 41,...
U.S. Senate Dismisses Sanders’ Bid to Ban Weapons Sales to Israel
MENAFN
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July 31, 2025
(MENAFN) The US Senate decisively turned down two resolutions Wednesday proposed by Senator Bernie Sanders aimed at blocking arms shipments to Israel during the ongoing humanitarian crisis in Gaza. In a 27-70 vote, the Senate dismissed the effort...
UN Warns: Deaths Surge in Gaza Despite Israeli Temporary Pause
MENAFN
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July 31, 2025
(MENAFN) Casualties among Palestinians seeking aid and some humanitarian workers in Gaza keep climbing even as Israel enforces a temporary military pause, according to UN humanitarian officials on Wednesday. The UN Office for the Coordination of...
Crane Rental Market is Forecasted to Reach a Value of US $64.13 Billion by 2029
EIN Presswire
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August 19, 2025
The Business Research Company's Crane Rental Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, August 19, 2025 /EINPresswire.com/ -- What Is The Expected Cagr For The Crane...
STOLEN CARS IN THE UK 2025: NEW DATA REVEALS PERSISTENT THREAT TO USED CAR BUYERS
EIN Presswire
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August 19, 2025
RegPlateCheck.co.uk offers instant UK vehicle history reports, helping buyers avoid fraud and make safer car purchases with verified data. LONDON, LONDON, UNITED KINGDOM, August 19, 2025 /EINPresswire.com/ -- New figure released from DVLA record...
[Latest] Managed Security Services Market Size Will Attain USD 97.12 Billion by 2032 Growing at 14.44% CAGR - Exclusive Report by Zion Market Research (Global Industry Size, Share, Forecast, Trends Analysis Report)
GlobeNewswire, Inc.
·
August 19, 2025
NEW YORK, USA, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Managed Security Services Market By Security (Data Security, Cloud Security, Network Security, and Endpoint Security), By Services...
Humanitarian Aid Convoy Reaches Syria’s Suwayda
MENAFN
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July 30, 2025
(MENAFN) A fourth humanitarian convoy reached Syria’s southern Suwayda province on Tuesday, according to official state media. Media reported that the convoy, comprising 22 trucks, entered the region via the Busra al-Sham crossing in eastern...
First group of Syrians returns home under government-backed repatriation plan
MENAFN
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July 30, 2025
(MENAFN) More than 120 Syrian refugees crossed back into Syria from Lebanon on Tuesday through the Masnaa border point, marking the initial phase of a government-supported repatriation initiative. Earlier in the day, the refugees gathered at a...
2 Australian activists from Gaza assistance vessel freed from Israeli captivity
MENAFN
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July 30, 2025
(MENAFN) Two Australian citizens detained by Israeli forces aboard a Gaza-bound aid vessel have been released, the Freedom Flotilla Coalition announced on Wednesday. The ship, Handala, carrying humanitarian supplies such as baby formula, food, and...
Erdogan states ‘decades of injustice” against Turkish Cypriots must end
MENAFN
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July 30, 2025
(MENAFN) Türkiye’s President Recep Tayyip Erdogan called on Sunday for increased diplomatic, political, and economic cooperation with the Turkish Republic of Northern Cyprus (TRNC), emphasizing that the “decades of injustice” faced by Turkish...