Wheat Futures Rose After Mine Incident in Ukraine
Wheat futures rose due to incident in Black Sea where a vessel preparing to load grain from Ukraine struck a mine, increasing fears of turbulence
Europe
Final Investment Decision for Largest Offshore Wind Farm
Ørsted announced its Final Investment Decision (FID) on Hornsea 3, the largest single offshore windfarm globally.
Greek Shipping Advised to Avoid Red Sea Following Attacks
Commercial vessels currently voyaging the Red Sea and the Gulf of Aden have been advised by Greece to avoid Yemeni waters following attacks.
European Union Introduces Revised Sanctions on Oil Price Cap
The EU has recently announced its twelfth round of sanctions aimed at Russia, significantly focusing on the regulation of tanker transactions.
Bulgaria, Romania, Turkey to Remove Mines from Black Sea
Over the nearly 2-year duration of the war, the detection of mines in the Black Sea has been a problem in the conflict between Ukraine & Russia
Hydrotug 1 is the World’s First Hydrogen-Powered Tug
The world’s first hydrogen-powered tugboat successfully launched by Belgian shipping and cleantech group, CMB.TECH & the Port of Antwerp-Bruges.
Havfram Achieves a Deal for German Offshore Wind
Havfram Wind seals contract for work on wind turbine transport and installation on RWE’s 1.6GW offshore wind farm found in the German North Sea.
Now Direct Rail Cargo Between Rijeka & the Czech Republic
Adriatic Gate Container Terminal said first direct freight, container, and train connection from Rijeka to Czech Republic is now launched.
Turkey Dispatches New Drill Vessel to the Mediterranean
Tuesday saw the inauguration of Turkey's newest drilling vessel, that President Recep Tayyip Erdogan stated will be transported to Cyprus.
Prax Group Acquires New 68 Meter Tanker
The Prax Group of Companies company, Harvest Energy Marine, has announced the acquisition of the Fortuna II, a brand-new tanker.
Four More Cargo Ships to Depart Ukraine
Turkish & Ukrainian officials say four ships carrying Ukrainian food left Ukrainian Black Marine ports as part of agreement to open sea exports.
Russia Has a New Oil Trade Route
In light of impending Western sanctions against Moscow, Russia appears to have discovered a new method of selling oil: El Hamra oil port, Egypt.
MoU Signed by Rotterdam & Singapore Ports
MoU signed by the Port Authorities of Rotterdam and Singapore to create the longest green and digital shipping corridor in the world to date.
Stena Drilling Secures Contract with Shell UK
Shell UK and offshore drilling contractor Stena Drilling have agreed to a new contract for the use of Stena Don, a semi-submersible drilling rig.
Strike Over Pay Affects the Largest Container Port in the UK
Felixstowe port expected to shut down next month as a result of country's largest union members majority supporting strike action over salary.
Amsterdam Cruise Ship Evacuated After Explosion
An explosion happened earlier this week aboard river cruise ship Viking Gymir that was berthed in the very heart of Amsterdam in the Netherlands.
Iranian Tanker to Recover US-Confiscated Oil Cargo
Iranian-flagged ship moored off Piraeus is anticipated to return to Iran this week with a portion of its cargo that the USA had taken away.
Trade Organizations Call for Review of EU Competition Rules
Trade organizations requesting the review of the European Union's Consortia Block Exemption Regulation for container shipping get underway.
UKHO To Stop Paper Charts
The UK Hydrographic Office projects that the progressive elimination of paper charts from production would be completed by the end of 2026.
Foinaven FPSO Workers Ready to Strike
The Foinaven FPSO vessel's crew members have chosen to go on strike in response to a disagreement about redundancy money payouts.