Euronext wheat futures fell more than 6% on reports that Ukraine was discussing possible mechanisms to keep vessels moving through its Big Odesa ports, raising hopes that Black Sea exports may avoid a major disruption.Front-month September milling wheat on Paris-based Euronext was down 6% by 1320 GMT at €228.75 ($260.02) a metric ton, after falling as low as €226.25 a ton in earlier trade.The most traded wheat contract in Chicago was down 4% by the same time…
HD Hyundai has signed a contract with Washington United Terminals Inc. (WUT) to supply four port cranes to the Port of Tacoma.The contract was signed as part of a terminal modernization project to replace aging cranes at WUT, the U.S. subsidiary of HMM…
Saudi Aramco has offered additional crude cargoes for loading from Egypt's Mediterranean port of Sidi Kerir, according to five trading sources, as Houthi threats to Saudi shipping raise risks for southbound Red Sea exports through the Bab el-Mandeb strait…
Ukraine will do everything possible to protect its seaports and guarantee grain exports at no less than last season's level,its deputy economy minister, Taras Vysotskiy, told Reuters on Wednesday.Russia has sharply stepped up attacks in recent…
EU wheat fell on Monday as dealers assessed the possible impact of disruption to Russian grain exports after Ukrainian attacks on shipping in the Sea of Azov restricted vessel movement in the region, a key route for Russian wheat shipments.“Perhaps…
“So far this year, crude tanker newbuilding contracting has reached 60m deadweight tonnes (DWT) across 234 ships, driven by a surge in orders for Very Large Crude Tankers (VLCCs). This already makes 2026 the year with the highest crude tanker contracting on record…
Dutch shipyard Concordia Damen announced it has received a contract from TUI River Cruise for two CDS River Cruise 135 vessels. These cruisers are of in-house design and have been tailored to TUl's needs.TUI River Cruises' fleet is currently expanding from six to 10 ships…
Fincantieri announced that it has signed a contract with Marc-Henry Cruise Holdings LTD, Joint Owner/Operator of Four Seasons Yachts, for the construction of a third hospitality vessel. The value of this agreement, subject to financing and other typical terms and conditions…
In an age of regulatory shift, geopolitical uncertainty and commercial pressure it can be difficult to keep decarbonisation efforts on track. How can you plan for tomorrow when today’s realities are so demanding? With the theme of Nor-Shipping 2027 front of mind…
