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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Flomic Global Logistics has successfully completed a complex project cargo shipment of industrial machinery for a 500 TPD DRI (Sponge Iron) steel melting plant from Mumbai, India to Lagos, Nigeria. The shipment covered 115 packages weighing about 850,595 kg with a cargo value of approximately USD 3.04 million, carried under CIF terms on vessel MV Ultra Agulhas. Flomic handled ocean freight planning, vessel coordination, heavy machinery handling, and lashing supervision for the consignment. The company highlighted this as a demonstration of its growing capabilities in specialized project cargo and heavy industrial logistics across international routes.
This is a capability showcase rather than a new order win announcement, and is unlikely to move the stock materially on its own. However, it reinforces Flomic's positioning in the higher-margin project cargo segment and its ability to handle large cross-border industrial shipments, which could support future business wins.