Diamond market crash is Africa’s opportunity, not its crisis – M'zée Fula Ngenge

Global natural diamond supply is forecast to fall below 95 million carats this year, the lowest since 1987. For Dr. M'zée Fula Ngenge, chairperson of the African Diamond Council (ADC), this is not a death knell but a clarion call. In an exclusive...

Yesterday

Tracr passes 5 million rough diamonds milestone as De Beers expands provenance push

De Beers Group's blockchain-enabled traceability platform Tracr reached a significant milestone in 2025, with more than 5 million rough diamonds individually scanned and registered, up from 2.8 million cumulative registrations reported in 2024. The...

28 september 2026

South African diamonds head to Hong Kong: SDT partners with BRINKS for JGW 2026

South Africa’s State Diamond Trader (SDT) has confirmed the country's participation in Jewellery & Gem World Hong Kong (JGW) 2026 through a partnership with BRINKS. SDT marketing and communication manager Tsholofelo Gopolang Tselapedi...

14 september 2026

David Benderly: PermaScribe seeks to put trust mark on diamond table, not just girdle

In this interview with Rough & Polished’s Mathew Nyaungwa, PhotoScribe Technologies president and chief executive David Benderly explains how PermaScribe differs technically from conventional laser inscription, its potential to strengthen security, and...

31 august 2026

The great reset: Paul Zimnisky on supply catharsis, De Beers' bargain and the case for natural diamonds

The natural diamond industry is in the throes of its most profound reset in a generation. Supply is plunging to its lowest level since 1987 and De Beers—once valued at over $9 billion—is reportedly being sold for as little as $1 billion.
Lab-grown...

10 august 2026

Finnish icebreaking fleet face harsher conditions due to climate change

07 november 2023

Finland, a country that relies on shipping for around 90% of its commodity exports and 80% of its imports, may face challenges in winter as it becomes harder for its icebreaking fleet to operate in temperature extremes caused by the climate change.

The average annual amount of ice is declining, but the changing climate means ice conditions are becoming more extreme and harder to predict.

"The climate change brings more extremes, more warm winters, but also more severe winters. So, it doesn’t look like it’s easing in the Baltic waters in the coming decades," said Paavo Kojonen, senior vice president of icebreaking at Arctia company that operates vessels.

According to the Finnish government, in an average winter, foreign ships arriving in Finland need to pass more through more than 200 nautical miles of ice, Daily Cargo News reports. The government expects the need for icebreaking to increase in the future, as global environmental regulation means more ships are operating with lower engine power.

"We’re the only country in the world where all the ports freeze during the winter months," said Kojonen. "There might be less ice coverage in square kilometres, but the ice is moving all about; it doesn’t freeze and stay there, so the conditions … are getting more difficult over time."

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished