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December 20, 2024
TotalEnergies announced on Friday that it had completed the planned purchase of a majority stake in two offshore wind project in Denmark which recently received construction permits. The French energy company now owns an 85% stake in a 240 megawatt (MW)…
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December 20, 2024
The Greek coastguard reported that eight bodies were recovered from the sea by Greece after their speedboat collided into a coastguard vessel which was pursuing them off the island Rhodes in the early hours of Friday morning. The coastguard stated that 18 people have been rescued…
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December 20, 2024
Sources and LSEG shipping information showed that a second shipment of 54,000 metric tonnes of Russian wheat, out of the 430,000 Egypt purchased in September, left the port at Novorossiysk last Friday. The Russian agricultural watchdog confirmed…
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December 19, 2024
The British government announced that the Spanish shipbuilder Navantia would acquire the shipyards owned by Harland & Wolff in Belfast, a company most famous for its Titanic-building work. The British government announced that the deal is subject…
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December 19, 2024
The Italian Economy Ministry announced on Thursday that a consortium led by it has submitted a 700-million-euro ($733-million) binding bid for Telecom Italia (TIM)'s Sparkle submarine cable unit. The Ministry is bidding against Retelit, a Spanish…
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December 18, 2024
The national guard reported on Wednesday that the Tunisian Coast Guard had recovered the bodies 20 African migrants after their boat sank just off the coast. This is the second drowning of migrants in one week. The Tunisian coast guard recovered nine bodies last Thursday.
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December 17, 2024
A spokesperson for Thyssenkrupp said that a spinoff was the best option to divest its defence business. This came after a German paper reported on Tuesday that several bidders had submitted offers for the unit. Carlyle, the German state lender…
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December 17, 2024
Prysmian, an Italian company, signed a framework deal on Tuesday with French electricity grid operator Reseau de Transport d'Electricite to connect two offshore turbine farms to the French transmission network. The deal could be worth up to 700 million euros.
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December 17, 2024
Fincantieri, an Italian company, and Sparkle, a unit of Telecom Italia that deals with submarine cables and surveillance systems for telecommunications cable networks in the oceans have agreed on developing solutions to monitor and protect these cables.
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December 17, 2024
Developer European Energy announced on Tuesday that the Danish Energy Agency had granted a permit for construction of the 240 megawatt (MW), Jammerland Bugt, offshore wind farm. The project is scheduled to begin operating in 2029. The project…
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December 16, 2024
Jake Sullivan, U.S. National Security Advisor, said that the AUKUS nuclear submarine partnership between Australia and the United States will be beneficial to the United States. It is also the type of "burden-sharing" deal Donald Trump talked about.
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December 16, 2024
Szabolcs WEORE, New Europe Hungarian skipper, has pulled out from the Vendee globe due to irreparable damages to his boat. Organisers of the solo non-stop unassisted sailing around the world competition announced this on Monday. Weores' IMOCA shroud…
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December 16, 2024
Denys Schmyhal, Ukrainian Prime Minister, said that a deal to allow the transit of Russian Gas through Ukraine would not be extended past the end of this year as certain European countries intensified their search for supplies. Shmyhal wrote…
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December 16, 2024
Denys Schmyhal, Ukrainian Prime Minister, said Monday that a deal to allow the transit of Russian Gas through his country will not be extended past the end of this year. Shmyhal wrote on Telegram after speaking with Slovak Prime Minster Robert…
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December 16, 2024
The EU's crop-monitoring service reported on Monday that cereal fields are in general good condition in Europe after a mild, dry spell helped them recover from an autumn soggy. However, grain belts near the Black Sea lack hardiness for the winter.
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December 16, 2024
Analysts report that the Northwest European imports for residual fuel oil in November were at their highest level in three years. This was due to a rush to replenish the scarce supply of high sulphur fuel oils (HSFO). The Amsterdam-Rotterdam-Antwerp (ARA) area…
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December 16, 2024
Dec 16 - The shattered mast of British sailor PipHare has ended his bid to complete a second Vendee Globe, a 24,000-mile race. The 50-year old woman dismasted the 60ft boat Medallia, about 800 nautical miles south-west of Australia. This ended a solo trip that began on November 10.
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December 16, 2024
In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and more vessels of Moscow's shadow fleet. The total number of vessels listed has increased by 52…
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December 16, 2024
In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and an increase in vessels from Moscow’s shadow fleet.
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December 16, 2024
Norway announced on Monday that it would be providing 2.7 billion crowns (242 millions of dollars) to help strengthen the Ukrainian Navy and deter Russian Naval Forces in the Black Sea. The government stated that a large part of the funds will…
