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 weeks on Ukrainian Black Sea ports' infrastructure and on cargo vessels entering Odesa ports to export grain and other agricultural goods.Brokers say shipowners are refusing to enter Ukrainian ports because of sharply increased war risks…
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…
Boskalis and Van Oord have been awarded a dredging contract worth approximately $570 million (€500 million) for the expansion of the Port of Luleå in Sweden.The contract was awarded by the Swedish Maritime Administration and the Port of Luleå…
Unique Group, global leaders in subsea technologies and engineering, has announced the appointment of Giovanni Corbetta as the new Chief Executive Officer (CEO), effective July 1, 2026.Giovanni brings more than three decades of leadership experience across the offshore energy…
Nord Gas Solutions has secured a contract to supply an LNG regasification system for Belgium-based Exmar as part of the conversion of a floating storage regasification unit (FSRU) that will support the expansion of the EemsEnergyTerminal in Eemshaven…
The JSI Alliance has successfully completed a major project in India for client Afcons Infrastructure Limited. Afcons was contracted to construct a new liquid cargo berth for Gujarat Chemical Port Ltd. (GCPL). The JSI Alliance was contracted…
Heritage Capital Group, Inc., an investment banking and financial advisory firm serving middle-market and emerging growth companies in the U.S. and worldwide, has announced the appointment of former Georgia Ports Authority leader Jamie McCurry as an industry specialist in its Savannah office…
'Even if the Strait of Hormuz reopens, significant uncertainty will remain and continue to shape market outcomes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Key uncertainties include whether the US/Iran agreement will hold, when the Strait of Hormuz (SoH) will fully reopen…
