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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…
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December 13, 2024
A government commission charged with reviewing and speeding the process for authorising new wind farms said Friday that developing offshore wind projects near Sweden's coastlines was not commercially feasible at this time. The head of the commission…
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December 12, 2024
Euronext wheat eased Thursday, after reaching a two-week high, due to the weakness of Chicago grains, and persistent export competition, despite concerns over Russian supply. The price of March wheat at Euronext was 0.8% lower, coming in at 229.00 Euros ($240.52).
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December 10, 2024
Brazilian and Italian authorities announced that they had launched two joint operations Tuesday to dismantle a transnational conspiracy to transport cocaine using cargo ships or planes from South America to Europe. In Brazil, 18 arrest warrants…
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December 10, 2024
A judicial source reported that an Italian court sentenced on Tuesday three people to prison terms of up to 16-years for their role in a shipwreck involving migrants in which 94 people perished last year. The nighttime shipwreck that occurred near Cutro in southern Calabria on February 26…
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December 5, 2024
Corio Generation is the UK-based offshore developer backed by Australia’s Macquarie Group. The company plans to reduce a few jobs, according to a spokesperson on Thursday. Many offshore wind companies have reviewed their investments and undertaken…
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December 5, 2024
Authorities in Denmark announced on Thursday that they had received no bids from offshore wind farms for the latest tender. In a written announcement, Energy and Climate Minister Lars Aagard stated that "this is a very disappointed result".
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November 29, 2024
Three traders on Friday said that the freight rates for Russian oil transport are expected to increase due to the upcoming winter season and new sanctions imposed against Russian fleet. The UK has introduced the most severe sanctions against Russia's shadow fleet of merchant ships.
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November 28, 2024
Katherine Grainger, a former Olympic rower and chair of UK Sport and currently the chair of the British Olympic Association(BOA), was elected as chair of the British Olympic Association on Thursday. She will be the first woman in the position.
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November 27, 2024
Sebastien S. Simon, a Frenchman from the Vendee Globe, broke the solo monohull 24 hour distance record on Wednesday. He sailed 602,56 nautical miles and beat his compatriot Yoann RICHOMME's previous mark by 22.7%. In recent times, the fleet has been propelled by an ever-moving depression.
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November 27, 2024
On Wednesday, the Polish Prime Minister Donald Tusk announced that during his two-day visit to Sweden he will urge Baltic and Nordic nations to take joint actions regarding the security of Baltic Sea water. NATO is taking action in response…
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November 26, 2024
LONDON, November 26 - TotalEnergies halted the development of a new wind farm near the coast of New York following Donald Trump's U.S. presidential election win, said the CEO of the French company on Tuesday. In October 2023, the French energy…
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November 25, 2024
The European wheat price fell on Monday due to a rising euro against the dollar, which makes supplies denominated in euros more expensive on global markets. The benchmark December milling grain on the Paris-based Euronext Exchange ended down 2% to 214.50 Euros ($224.69).
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November 25, 2024
The European wheat price fell on Monday due to a rising euro against the dollar, which makes supplies denominated in euros more expensive on global markets. Euronext's benchmark December milling grain fell by 2%, to 214.75 euro ($225.17) per metric ton at 1646 GMT.
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November 22, 2024
The price of European wheat fell on Friday, after six sessions of gains. This was due to the improved prospects of the Australian harvest. However, the sharp drop in the euro and the intensification of the conflict in Ukraine continued to support the market.
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November 21, 2024
SailGP's fifth season will begin in Dubai at the weekend, with Rolex as the title sponsor. This partnership has been in place since the creation of the league. Rolex has been involved with sailing for almost 70 years and will become the title…
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November 21, 2024
The benchmark European wheat price rose for the fifth session in a row on Thursday, reaching a record high of three weeks. This was due to the fall of the euro against the dollar as well as a Russian missile attack against Ukraine that kept…
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November 21, 2024
Red Bull Italy SailGP Team, the 12th and last entry in the SailGP 2025 season, was unveiled on Thursday. The team, led by Jimmy Spithill will debut at this weekend's Emirates Dubai Sail Grand Prix. Italian driver Ruggero TITA and strategist Giulia FAVA are both double Olympic medalists.
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November 20, 2024
The European wheat futures closed higher on Wednesday as a result of a turnaround in Chicago. News that Ukraine fired more Western missiles at Russia sparked fears about a war escalate. Euronext was also boosted by the fall of the euro in relation to the dollar.
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November 20, 2024
British Defence Minister John Healey announced on Wednesday that he will free up $500 million ($633million) over the next five years for military budgets by scrapping several Royal Navy ships, a drone system, and retiring a few helicopters.