CEO of top ocean freight carrier says outlook has changed for economy

The Toronto Express container ship, operated by Hapag-Lloyd AG at the Port of Hamburg in Hamburg, Germany, on Wednesday, Dec. 20, 2023. Maria Feck | Bloomberg | Getty Images Rolf Habben Jansen, CEO of Hapag-Lloyd, the world’s fifth-largest ocean carrier, tells CNBC he has an improved view on trade for the rest of 2024. Conversations … Read more

The UK’s flagship aircraft carrier suffers new misfortune and won’t lead major NATO exercise

The UK Royal Navy’s fleet flagship had to withdraw from a major NATO exercise at the last minute. HMS Queen Elizabeth had issues with its starboard propeller shaft. In 2019, HMS Queen Elizabeth was left without propulsion for days and flooded. HMS Queen Elizabeth, the Royal Navy’s flagship, had to pull out of its role … Read more

Malta-flagged bulk carrier hit by missile in the Red Sea as Houthi attacks continue

JERUSALEM (AP) — A Malta-flagged bulk carrier sustained damage from a missile fired at it in the Red Sea on Tuesday, Greek officials said. Though no group immediately claimed responsibility for the attack, suspicion immediately fell on Yemen’s Houthi rebels. The Zografia had been heading north to the Suez Canal when it was attacked, the … Read more

China unveils new images of its next-generation aircraft carrier

(Corrects to remove extraneous word “in” in second to last paragraph) BEIJING (Reuters) -Chinese state media unveiled new images of China’s most advanced aircraft carrier yet, including next generation launch tracks that can catapult a wider range of aircraft from its deck. First shown to the public in June 2022, the Fujian was entirely designed … Read more

The USS Gerald R. Ford aircraft carrier is returning home after extended deployment defending Israel

WASHINGTON (AP) — After months of extra duty at sea providing protection for Israel, the USS Gerald R. Ford aircraft carrier strike group will be heading home, the Navy announced on Monday. The Ford and its accompanying warships will be replaced by the amphibious assault ship the USS Bataan and its accompanying warships, the USS … Read more

US aircraft carrier Carl Vinson arrives in South Korea port

SEOUL (Reuters) – The U.S. aircraft carrier Carl Vinson arrived at a port in the South Korean city of Busan on Tuesday, in a show of extended deterrence against North Korea’s nuclear and missile programs, South Korea’s navy said. The arrival comes as North Korea plans to launch a rocket carrying a space satellite between … Read more

Long-haul carrier Emirates signals it will hold Airbus purchase over engine worries

DUBAI, United Arab Emirates — Long-haul carrier Emirates signaled Tuesday it will hold off on a major purchase of Airbus A350 aircraft over concerns about their Rolls Royce engines, marking a major blow for the European manufacturer as it hopes to close the sale during the Dubai Air Show this week. Emirates President Tim Clark’s … Read more

Best iPhone Deals (2023): Carrier Deals, Unlocked iPhones

Finding a deal on an iPhone can be tricky. Apple rarely slashes prices on its hardware, unlike other brands. But that doesn’t mean they’re nonexistent. With Black Friday around the corner, carriers are offering some steep discounts on iPhones, though you have to jump through some hoops to nab them. We’ve listed them here in … Read more

Ukraine’s Air Force hits Kerch plant where Russian Kalibr missile carrier was docked

Air Force pilots launched successful strikes on Kerch, probably sinking one of the most modern ships of the Black Sea Fleet of the Russian Federation, capable of carrying Kalibr cruise missiles. This was confirmed by Lieutenant General Mykola Oleshchuk, the Air Force Commander. Source: Oleshchuk on Telegram Quote from Oleshchuk: “I hope another boat followed … Read more