A surge in attacks on ships, ports and export terminals in the Black Sea is disrupting global supplies of grain and oil, turning the region into the latest strategic trade chokepoint to be hit by escalating conflict.The Black Sea is a vital route for shipments of grain, crude oil and refined products. Its waters are shared by Russia and Ukraine as well as Bulgaria, Georgia, Romania and Turkey.
Wind propulsion specialist bound4blue has completed the second installation of its suction sail system for Maersk Tankers, fitting four 24-meter eSAIL units on the Maersk Tahiti at a shipyard in China.The installation forms part of a broader agreement to equip five medium-range tankers with a total of 20 units, the company’s largest single contract to date.
Britain imposed sanctions on Thursday on more Russian oil companies and Canadian-Pakistani billionaire Murtaza Lakhani as part of efforts to ramp up pressure on Moscow over the war in Ukraine.The government targeted 24 individuals and entities, including what it described as Russia's largest remaining unsanctioned oil companies: Tatneft, Russneft, NNK-Oil and Rusneftegaz.
Cruise Ship Interiors Expo America has announced its 2026 schedule of content, set to take place at the Miami Beach Convention Center, 9 - 10 June, 2026. The packed schedule, in partnership with NEWH, is IDCEC-accredited and tightly curated to be the most relevant conference for US-based cruise ship interiors professionals to attend all year.
Seafarers have the right to refuse to sail on ships passing through the Middle East Gulf, including the Strait of Hormuz, after the threat level for the region was raised to its highest level, the leading labour union and shipping industry groups said on Thursday.Around 300 ships are anchored on both sides of the Strait while the U.S.-led war against Iran escalates.