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October 1, 2024
Officials at the U.S. Federal Reserve were also shocked by the COVID-19 pandemic, which has caused a massive disruption to global supply chains. They thought that the impact of backed-up container ships and disrupted ports would only cause "temporary" inflation.
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October 1, 2024
The Pentagon fears that the base will be used by the Chinese to establish an outpost in Cambodia. Sun Chanthol, the Deputy Prime Minster of Cambodia, told an event organized by a Washington think-tank that military from any country could visit the port after the base was completed.
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October 1, 2024
Francesco Bruni and Jimmy Spithill joke about being in a "couple" because their relationship is so intense. They share the steering of an Italian AC75, where they hope to compete against New Zealand for America's Cup. The pair were the first to use a 'co-helming' setup for the new…
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October 1, 2024
The AC75 boat of Italy took a dramatic and high-speed nosedive in the latest race between Britain and their America's Cup Challengers on Tuesday. This caused damage to their carbon fiber decking, and gave their opponents an advantage and a 4-3 win.
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October 1, 2024
Omar Yacoubi, head of the Moroccan grain trader's association (FNCL), said that Russia will surpass France as Morocco's leading soft wheat supplier in 2024/25. Morocco must import 5 million tons of soft grain after a poor domestic harvest caused by drought, said the official.
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October 1, 2024
Initial assessments indicate that five trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer to buy 120,000 metric tonnes of wheat. They said that they believed the participants to be CHS Cargill…
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September 30, 2024
Eversource Energy, a U.S. utility company, said Monday that it expects to incur a net loss of $520 millions on its divestment of offshore wind businesses in the third quarter. In a press release, the company stated that the forecasted loss net includes a liability in excess of $360 millions…
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September 30, 2024
New Fortress Energy, a U.S. energy company that specializes in infrastructure development, said it shipped its first shipment of liquefied gas from Mexico to the United States on Monday. This was after the start-up of the floating facility worth $1 billion in the Gulf of Mexico had been delayed.
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September 30, 2024
The America's Cup Challenger Series saw Britain and Italy battle it out in two close races on Monday. This leaves the event's first-to seven race at a finely balanced 3-3, as they prepare to face New Zealand's defenders for the coveted 'Auld Mug.
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September 30, 2024
Britain took advantage of an Italian mistake in the America's Cup Challenger Series on Monday to gain a 3-2 edge in the race to face New Zealand and win the "Auld Mug". Race five of the series was a breeze-free affair, with the wind speed at Barcelona being below the maximum of 21 knots.
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September 30, 2024
LSEG data revealed on Monday that the Pioneer tanker sanctioned by America for its links with Russian-sourced liquefied gas (LNG) has passed through Suez Canal carrying an LNG cargo. It was not immediately known where the LNG-flagged Pioneer would be heading or what its source was.
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September 29, 2024
Italy won by four seconds over America's Cup rivals Britain, bringing the series to 2-2. The intense match took place in strong winds near Barcelona. The Italians were forced to concede the win to the British earlier when they damaged their AC75 monohull foiling sail.
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September 29, 2024
Italy's massive AC75 sail rig was damaged by strong Mediterranean winds Sunday. This gave Britain a 2-1 series lead over America's Cup rival Britain. When the problem arose, the Italians were forced to drop their mainsail in order to replace it.
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September 28, 2024
The America's Cup Challenger Series remained level on Saturday due to a dying Mediterranean breeze. Britain ran out of time in order to convert a seemingly winning position against Italy in their third match-up. The race was abandoned because the officials felt it exceeded the time limit.
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September 27, 2024
devalued to tropical anxiety, however its residues poured a. deluge of almost 100 cm (39 inches) of rain on the southern. state of Guerrero. 4 days of constant rain splashing the home state of major. beach resort Acapulco have actually practically tripled the rainstorm from last.
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September 27, 2024
The Biden Administration canceled on Friday an auction planned for offshore wind development rights near the coast of Oregon, after the governor of the state said that she didn't support the sale. In a press statement, the U.S. Bureau of Ocean…
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September 27, 2024
expenses, according to shipping data and industry sources. ends on Sept. wean Mexico off pricey motor fuel imports. Sept. 11, according to information from ship-tracking service Kpler. from Corpus Christi in Texas on Sept. 15, the data showed. production of different items such as glass or steel.
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September 27, 2024
Tropical Storm John, which crawled slowly along Mexico's Pacific Coast on Friday, has now accumulated more rain in the four days since it hit the state where the major beach resort Acapulco is located than the torrential downpour of last year's destructive Hurricane Otis.
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September 27, 2024
A White House official stated that the Biden administration is encouraging unions and employers to quickly and in good faith negotiate a new contract ahead of any possible strike on Tuesday at ports. The International Longshoremen's Association…
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September 27, 2024
Cnergyico, Pakistan's largest oil refiner, has announced that it recently purchased Black Sea CPC Blend. This is the first time this grade has been imported into Pakistan. CPC Blend is an oil blend from Kazakhs and Russians that is exported from the Black Sea port in Russia, Yuzhnaya Ozereyevka.
