Bulgaria will switch to the euro on January 1, 2026
What Ukrainian sailors and their families need to know 💶 Fixed exchange rate: 1 EUR = 1.95583 BGN — fixed by law, unchangeable 🏷 Dual pricing August 8, 2025 – December 31, 2026 🏦 Banks and accounts (from January 1, 2026) ❗️ Cash levs until the end of 2025 You can deposit your money at […]
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Iran Seizes Tanker Talara Off UAE Coast: What’s Known
On November 16, 2025, Iranian armed forces intercepted and seized the Tanzanian-flagged tanker MT Talara near Fujairah. The shipowner, Singapore-based Vega Bulk Carriers, confirmed that armed Iranian personnel boarded the vessel, took control of it, and took it into Iranian territorial waters. Communication with the crew is ongoing, the crew is safe, and they were […]
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MSC Cruises invests €3.5 billion in French shipyards: two new World Class ships ordered
MSC Cruises, one of the world’s largest cruise operators, has announced a major investment project: the company has placed an order for two new World Class ships at the French shipyard Chantiers de l’Atlantique. The total investment will be €3.5 billion. The new ships will be the seventh and eighth in the World Class line […]
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The US has expanded sanctions against companies linked to Iran: how this will affect shipping and seafarers.
On November 12, the US Treasury Department imposed new sanctions against 32 companies and individuals linked to the supply of components for Iranian drones and missiles. The list includes shipping, logistics, and brokerage firms from the UAE, Cyprus, China, Turkey, India, Germany, and Ukraine, working on behalf of the Iranian defense industry. Washington is focusing […]
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