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International trade
Ukraine Grain Corridor Passes 8,000 Vessels
Ukraine’s maritime grain corridor has already handled more than 8,000 vessels since it began operating, according to Dmytro Pletenchuk, spokesperson for the Naval Forces of the Armed Forces of Ukraine. The result highlights the...
Transport and shipping
Liquefaction Remains Top Fatal Risk for Bulkers
Cargo liquefaction remains the leading cause of fatal accidents on bulk carriers, according to the latest Bulk Carrier Casualty Report 2026 prepared by INTERCARGO, the International Association of Dry Cargo Shipowners.
The report covers the...
Warehouses and infrastructure
Kazakhstan to Build Logistics Terminal in Iran
Kazakhstan is taking a major step toward expanding its access to southern maritime markets. The country has signed a BOT agreement with Iran for the construction of a Kazakh transport and logistics terminal at...
Transport and shipping
LPG Tanker Explosion in India Kills Five
A deadly LPG tanker accident in northern India has again raised questions about the safety of hazardous cargo transport on busy road corridors. The incident occurred on June 26 at the Sihori Toll Plaza...
International trade
SeaBird Awarded Seismic Survey Contract Offshore India
SeaBird Exploration, a subsidiary of SED Energy Holdings specializing in offshore seismic services, has been awarded a new contract to perform a two-dimensional (2D) seismic survey offshore India.
The project will be executed by the...
Transport and shipping
Key Developments in Global Shipping: This Week’s Top Stories
Commercial shipping through the Strait of Hormuz is gradually recovering after a period of heightened tensions. However, a full return to normal operations remains uncertain. Shipping companies continue to face challenges related to routing,...
Transport and shipping
MAC Shipping expands chemical tanker newbuilding program
The order covers four 29,000 dwt chemical tankers, with deliveries scheduled for 2029. Once completed, the contract will bring MAC Shipping's total chemical tanker newbuilding program to eight vessels.
In late 2024, MAC Shipping entered...
International trade
Sumitomo sells stake in Belgium’s Northwind offshore wind farm
Sumitomo transferred its stake in the Northwind project to Publiwind, a consortium comprising Belgian insurer Ethias, investment company SOCOFE SA, and the Belgian sovereign wealth fund SFPIM. The transaction is expected to be completed...