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October 22, 2024
Scallywag 100, owned by Hong Kong businessman Lee Seng Huang, crossed the finish of the Rolex Middle Sea Race 2024 on Tuesday. It was the first monohull to complete this challenging course. The supermaxi completed the 606 nautical-mile offshore race that starts and ends in Valletta…
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October 22, 2024
Two sources claim that Equinor, a Norwegian energy company, has bid with other companies to build an offshore wind farm in Japan's latest state auctions. It is looking for a foothold on the market. Equinor’s bid shows that some wind players have their eyes on Japan…
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October 21, 2024
New Zealanders were bleary-eyed on Monday as they celebrated the sporting victories that took place around the globe over the weekend. For once, there was no rugby ball to be seen. The streak began early Sunday morning when Team New Zealand retained the America's Cup in sailing.
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October 17, 2024
In the middle of the America's Cup armada, a half dozen futuristic-looking craft are quietly zipping above the waves. The sleek foiling machine, designed by New Zealand's America's Cup Team, looks more like a large sports car than a boat. It…
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October 17, 2024
Unmanned flying objects were brought down by a German warship that was part of UNIFIL's peacekeeping mission in Lebanon, according to a German Defence Ministry spokesperson. The spokesperson reported that the corvette had brought an unidentified…
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October 16, 2024
QatarEnergy lowered the term price of al-Shaheen loading crude oil in December, according to trade sources on Wednesday. The company was following spot market prices this month. They said that the December term price had been set at $1.93 per barrel, according to Dubai quotes.
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October 14, 2024
According to sources in the shipping and trading industries, a large shipment of French wheat will be loaded for Thailand later this month. This is a rare shipment that will help boost French exports to Southeast Asia. Sources said that a ship…
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October 13, 2024
SailGP said that it plans to equip its fleet of F50 mono-design boats, starting next year with a new foil type, in order to increase the speed and tighten the racing. The organizers of the global racing circuit's fifth season, which begins in Dubai next month…
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October 8, 2024
Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.
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October 2, 2024
Ukraine exported 207,000 tons of barley to Ukraine in September, and the union of Ukrainian farmers UAC predicted that this volume will likely be maintained in October. Ukraine has a long history of barley production and export. UAC stated in…
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October 2, 2024
German task group commander, who led the German Navy ships through the Taiwan Strait in October, said that the Chinese vessels were very attentive and sent repeated radio messages to the German Navy ships, but they did not engage in any unsafe behavior.
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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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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 27, 2024
The International Whaling Commission's (IWC) meeting on Thursday rejected a proposal to create a sanctuary in the southern Atlantic Ocean for whales and cetacean species. This disappointed animal conservationists. At the IWC annual session held in Lima…
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September 26, 2024
SailGP, the adrenaline-fuelled sailing spectacle, is headed to new waters in August 2025. The elite sailing championship will make its highly anticipated German debut on the island Ruegen. Sassnitz along the coast of the island will host two days high-octane races.
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September 26, 2024
The UK announced on Thursday that it has sanctioned two shipping companies and five ships under its Russian sanctions regime. In the first week of this month, Britain sanctioned 10 more ships from Russia's "shadow fleet", a group of vessels…
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September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
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September 24, 2024
Yemen's Vice-President stated on Tuesday that the escalation of Middle East hostilities has made it more urgent for regional and global stakeholders to develop a new strategy in order to contain the increasingly well armed Houthi rebels who are backed by Iran.
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September 24, 2024
Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.
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September 24, 2024
Kim Yo Jong - the powerful sister to North Korean leader Kim Jong Un - has criticised the presence in Busan of a U.S. submarine, according to state media KCNA. Kim said it was a sign of U.S. desire to "show off its nuclear strategic assets and increase threats", as reported by KCNA.
