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Following a combination of significant increases in inflationary pressures and supply chain costs, Hexicon recognised an impairment on the Project in December 2025
The key limiting factor was disruptions in port infrastructure, primarily in Primorsk and Ust-Luga.

BIMCO to launch cyber security clause in spring 2019

BIMCO announced it is developing a clause dealing with cyber security risks and incidents that might affect the ability of one of the parties to perform their contractual obligations.

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