Euronext wheat fell for a second session on Friday as a slide in Chicago, a bounce in the euro and a recovery in Russian exports weighed on prices after they hit a one-month high this week, traders said.December milling wheat on Euronext settled 1% down at €244.75 ($274.71) a metric ton at the close.The benchmark contract retreated from a one-month peak of €249.75 touched on Wednesday and again on Thursday…
The Massachusetts Port Authority (Massport) announced the appointment of Charlie Cunnion as Port Director. Cunnion brings over 25 years of leadership experience across global transportation, supply chain management, operations, organizational transformation…
HDR has named Richard Crowther regional maritime director for Europe and the Middle East.A chartered civil engineer with 17 years of experience, Crowther has worked across the full life cycle of port and marine infrastructure, including due diligence…
Euronext wheat prices rose on Tuesday, tracking a rebound in Chicago futures as another attack on ships in the Black Sea kept attention on disruption to export trade.An international tender being held by Algeria also underpinned the market,…
Asia LNG Transport (ALT), a joint venture between NYK and MISC Berhad, has signed a long-term time-charter contract with Malaysia LNG for a newbuild liquefied natural gas (LNG) carrier that will transport LNG to Japan.The vessel will be constructed by Hudong-Zhonghua Shipbuilding in China…
Following more than two years of extensive work, the reinforcement of the south quay at the container terminal at the Port of Gothenburg has been completed on schedule and within budget. The Skandia Gateway project will now enter its next major phase…
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…
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…
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…
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…
Anduril Industries plans to invest $3.7 billion in a new Maryland shipyard to manufacture Virginia-class submarine components and other subsea systems, alongside a U.S. Navy contract worth up to $2.9 billion tied to production targets.The Arsenal…
Euronext wheat rose on Monday to reach three-week highs as a falling euro, continuing war disruption to Black Sea shipping and a large purchase by Saudi Arabia supported prices, traders said.Benchmark December milling wheat on the Paris-based Euronext ended the daytime trading session at 1630 GMT…
Euronext wheat rose on Thursday to a one-week high as a slide in the euro and news of a Saudi tender boosted export sentiment, traders said.Benchmark December milling wheat BL2Z6 on Paris-based Euronext settled 1.3% up at €239 ($268.11) a metric ton after the day session…
Construction begins on Wednesday of a $16 billion Kenyan oil refinery aimed at lowering East Africa's fuel costs and saving the region hard currency used to import refined products.Aliko Dangote and Kenyan President William Ruto broke ground on the site…
SSE has selected Montrose Port as the preferred operations and maintenance base for its planned 1.4 GW Berwick Bank B offshore wind farm off Scotland, a move expected to create 100 full-time jobs.The new operational hub will be located at Montrose Port's South Harbour…
