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February 25, 2025
ANA Holdings, a Japanese airline, said it would place a record-breaking order of up to 77 planes to replace its fleet and capitalize on the growing travel demand. ANA reported that the order, which was its biggest ever in terms aircraft numbers…
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February 25, 2025
Airbus, a European aerospace and planemaker, announced on Tuesday that it would build the French Air and Naval Force's communications network under a contract worth up to 480 million euro ($502.46million). Airbus Defence and Space and Naval…
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February 25, 2025
The sun glares into the navigation room of Transocean Barents semi-submersible drill rig, which is anchored in Romania’s Constanta port. The Mighty Barents, also known as the Mighty Barents, will be traveling 160 kms to the sea in a few weeks and will begin drilling the 10 wells of Neptun Deep.
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February 25, 2025
Thyssenkrupp will hold an extraordinary general assembly to complete a spin-off in the warship division in this calendar year. This was revealed by Chief Executive Miguel Lopez in a podcast published on Tuesday. Lopez, speaking on a podcast by the German newspaper WAZ…
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February 24, 2025
At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…
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February 23, 2025
The Italian newspaper La Repubblica, without citing any sources, reported that the Italian oil services firm Saipem was close to merging with its Norwegian competitor Subsea 7. The paper did not provide any further financial information. Several years ago…
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February 20, 2025
According to calculations based upon data from industry sources, the offline primary oil refinery capacity of Russia in February has been revised up by 82% compared to what was originally planned for this month. In February, idle primary oil…
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February 20, 2025
Two sources with knowledge of the situation said on Thursday that oil loadings at Russia's Black Sea Port of Novorossiisk resumed on Tuesday night, after being idle for two consecutive days due to storms. The storm caused the suspension of oil loadings at the Russian Black Sea port Novorossiisk…
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February 20, 2025
The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.
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February 19, 2025
North Korean state-run media on Thursday criticised the United States over a nuclear submarine agreement with Australia signed under the AUKUS Partnership in 2021. A KCNA commentary said that Washington should be cautious about the consequences of what they called nuclear alliances.
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February 19, 2025
The Civil Guard announced on Wednesday that seven members of the crew of an overcrowded migrant boat from Senegal arrived in the Canary Islands last December. They were arrested for the alleged murder of eight passengers including a toddler.
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February 19, 2025
Goldman Sachs stated on Wednesday that a potential ceasefire in Ukraine and the resulting easing of sanctions against Russia is unlikely to increase Russia's crude oil flow. The administration of U.S. president Donald Trump said Tuesday that it had agreed to have more talks with Russia. In Ukraine.
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February 18, 2025
Last month, the sound of hammering and welding came from the Skaramangas Shipyard in Athens as workers repaired the bow on a large oil tanker while other vessels were waiting to be fixed nearby in a drying dock. The shipyard is now a hive of activity after a dramatic turnaround.
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February 13, 2025
A senior official patrolling the busy Gulf of Finland ship lane on Thursday said that Estonia's Navy is ready to take action against vessels that are a threat to Baltic Sea infrastructure, even if they were in international waters. After a series power…
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February 13, 2025
Euronext Wheat Futures declined for a third consecutive day on Thursday, as the strength of the euro and the results of an Algerian tender highlighted a weak outlook for exports in Western Europe. The price of a metric tonne of March wheat traded on Paris' Euronext closed 0.4% lower at 231…
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February 13, 2025
Five sources and shipping data indicate that a few newer Chinese terminals have recently begun receiving oil tankers sanctioned from the U.S. This has provided logistical relief after a large port operator suddenly banned such deliveries last week.
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February 13, 2025
Thyssenkrupp, the industrial conglomerate, raised its forecast for free cash flow on Thursday. It cited 1 billion euros in advance payments related to a large submarine order from the German military. The company expects to have a free clash flow between 0 and $300 million euros by 2025.
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February 12, 2025
In a press conference broadcast on television in Moscow, Sudanese foreign minister Ali Yusef Sharif announced that an agreement had been reached to create a Russian Naval Base in Sudan. There are no obstacles, we are in total agreement. Sharif…
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February 12, 2025
The French farm office FranceAgriMer has lowered its forecast for French soft wheat exports to outside the European Union by 2024/25, a record low in this century. This is due to a slow demand from overseas for a French crop that was reduced by rain.
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February 12, 2025
The Russian emergency ministry announced on Wednesday that some of the 300 Russians stranded in the Sea of Okhotsk, in the Western Pacific, refused to be evacuated. The ministry posted a message on Telegram saying that 109 fishermen were rescued by helicopters and boats…