Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Series of bulk carriers for the Arctic to be constructed in Russia

12 january 2024

The building of a dry cargo vessel of the RSD59ARC project for the Arctic began at the Okskaya Shipyard in Nizhny Novgorod.

Bulk carriers of this type belong to the Ice3 class, which will allow them to operate on the Northern Sea Route from June to October.

Earlier, General Director of JSC State Transport Leasing Company Evgeny Dietrich announced plans to build 13 ships for the Arctic at the St. Petersburg International Economic Forum.

The construction of dry cargo ships is carried out according to the state program using funds from the National Welfare Fund. The total cost of the series of Arctic bulk carriers will exceed 22 billion rubles.

According to the plan, the first ships of the RSD59ARC project will be commissioned in 2025.

These cargo ships is distinguished by the bow arrangement of the superstructure and will be equipped with 1600 kW engines, which is one third more than typical vessels of the same type. Due to the availability of cranes with a lifting capacity of up to 40 tons, the RSD59ARC fleet will be able to unload at unequipped berths, ttelegraf.ru reports.

Alex Shishlo for Rough&Polished