Lithuania, Latvia and Estonia proposed a European Union ban on Friday on Russian grain exports through the bloc in a letter addressed to European Council President Antonio Costa and European Commission President Ursula von der Leyen.The Baltic states are seeking to end shipments of Russian grain through their ports after Moscow stepped up the transits in response to attacks by Ukraine on its Black Sea ports…
Norwegian construction company Veidekke has signed a contract worth approximately $10.7 million (NOK 103 million) with Vestland County Council to upgrade two ferry terminals in western Norway.The contract covers the Hatvik and Venjaneset terminals…
Russia's Baltic Sea ports boosted their annual capacity to handle grain exports to 23.5 million metric tons in October from 8.6 million tons in July, a senior Russian Railways executive estimated.Russia and Ukraine, both major grain producers and exporters…
US natural gas futures held near a two-week high on Thursday as a bigger-than-expected storage build last week offset the drop in output in recent days as energy firms reduced flows on offshore Gulf of Mexico pipelines ahead of Hurricane Isaias…
The shipping industry is working to improve fuel efficiency and ship performance to address decarbonization requirements, new regulations and rising operational costs. To support these developments, BIMCO has adopted the Energy Saving Device Retrofit Addendum 2026…
Veson Nautical and Marcura announced an expanded partnership that connects Marcura Claims, Marcura’s platform for laytime and demurrage management, with IMOS, Veson’s flagship solution for commercial freight contract management and voyage execution…
Windward publishes quarterly intelligence reports tracking developments across global shipping.From the Q3 report:Four navies struck merchant ships, including Iran, Russia, Ukraine, and the United States.Iranian attacks in the Middle East Gulf doubled to 45…
Key findingsComparing schedule versions received from 18 September to 8 October 2026, HiFleet found that Shanghai calls remain a key focus of service revisions by several liner operators, and that reinstatements continue to outnumber omissions…
'During the first nine months of 2026, clean product volumes loaded on LR2 tankers fell 28% year-on-year following disruptions in the Strait of Hormuz. Despite the lower volumes, tonne-mile demand increased 2% year-on-year,” says Niels Rasmussen…
Transit routes in the Strait of Hormuz deemed illegal by Iran will soon be closed, an adviser to the Revolutionary Guards' Commander told the semi-official Fars News Agency on Wednesday, referring to the southern pathway hugging Oman's coast…
A shipment of Russian sunflower oil bound for India was cancelled and other cargoes have been delayed after attacks on Black Sea ports disrupted exports from India's top supplier, an industry official and trade sources said.A 20,000-ton shipment…
Michelle Awad, K.C., has been elected to the position of Vice-Chair of the Halifax Port Authority Board of Directors. Her appointment takes effect immediately. She has served on the Board since 2021 as the Director appointed by the Halifax Regional Municipality…
Lloyd’s Register (LR) appointed Hossam Edris as Naval Business Director for the Middle East.Based in Dubai, Edris will lead LR's naval and defence business development activities across the region, working closely with government and industry stakeholders as they modernise fleets…
The Port of Gothenburg has awarded NCC a contract to design and build a new terminal for Stena Line at Arendal, advancing plans to consolidate the ferry operator’s Gothenburg operations at the outer port.The new terminal, scheduled to begin operations in 2031…
CMA CGM and logistics group DSV have signed an agreement targeting a reduction of 12,000 tonnes of CO2 emissions over two years through the use of lower-carbon marine fuels.Under the agreement, DSV will use CMA CGM’s ACT+ low-carbon shipping solution…
