Port activity
Studies Back Year-Round Shipping to Churchill Through Hudson Bay
Three studies have concluded that existing ice-class tonnage can work the Churchill corridor year-round, as grain exports resume through the port after a five-year pause.
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Incident
Ukraine Proposes Black Sea Truce While Striking A Baltic Oil Terminal
Ukraine has proposed a mutual suspension of attacks on civilian targets in the Black Sea, passing the offer to Russia through a third party after weeks of escalating strikes against merchant ships and port infrastructure.
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Industry
Pan Ocean Lifts Quarterly Profit As Grain Sales More Than Double
Pan Ocean lifted second-quarter net profit attributable to the parent by 11.9 percent to 137.5 billion won, with operating profit up 57.5 percent and grain sales more than doubling.
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