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December 14, 2024
The Greek coastguard reported on Saturday that Greek authorities had recovered a body and rescued 39 migrants after their boat capsized in the Mediterranean off the southern island Gavdos. Witnesses report that many are still missing. The coastguard…
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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 12, 2024
A judicial official reported on Thursday that the Tunisian Coastguard had recovered nine bodies, while six other migrants are still missing, after their boat sank just off the Tunisian coastline. This is the latest boating disaster for migrants in the Mediterranean.
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December 11, 2024
Diplomats reported that the European Union ambassadors had agreed on a 15th set of sanctions against Russia for its war in Ukraine. The package targets its shadow tanker fleet as well as Chinese companies making drones to be used by Moscow.
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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 10, 2024
Satellite images show that Russian naval vessels have left Moscow's Tartous base on Syria's coastline and some have dropped their anchors offshore after the overthrow by rebel forces of Syrian President Bashar Al-Assad. A photo taken by Planet…
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December 10, 2024
According to a draft resolution of the climate ministry, the cost of supporting Poland’s plans for building 17.9 gigawatts of offshore wind power will be approximately 144.2 billion euro ($152 billion). The Climate Ministry did not immediately respond to a request for comment.
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December 8, 2024
Three sources who have direct knowledge of this matter said that the first shipment of Egypt's 430,000 metric ton purchase of Russian wheat started loading on Saturday after a delay of nearly three months. The shipment of 63,000 tonnes has been…
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December 6, 2024
The Agriculture Ministry announced on Friday that Ukraine's grain imports for 2024/25 had reached nearly 18.9 million metric tonnes as of December 6, compared to about 13.7 millions tons in Dec. 2006, according to data. This volume consisted of 9.1 million tonnes of wheat…
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December 6, 2024
Chicago wheat futures contract lows are not indicative of global concerns about supply, but traders may want to pay more attention to what is happening in the Black Sea area. Winter wheat in Russia, the world's largest exporter of wheat, is in its worst condition ever.
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December 5, 2024
Chicago wheat futures contract lows are not indicative of global concerns about supply, but traders may want to pay more attention to what is happening in the Black Sea area. Winter wheat in Russia, the world's largest exporter of wheat, is in its worst condition ever.
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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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December 5, 2024
Three maritime security sources confirmed on Thursday that a rescue operation was underway for the crew aboard a cargo ship flying the Panamanian flag, which had been abandoned near the port of Hodeidah at the Red Sea. The number of crew members on board and the cause of the accident were not known.
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December 2, 2024
The presence of a Russian submarine in the Philippines exclusive economic zone in the South China Sea is "very worrying", said Ferdinand Marcos Jr. on Monday. "That is very worrying." Marcos said that any intrusion in the West Philippine Sea or our EEZ is very concerning.
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December 2, 2024
VTB, Russia's second-largest lender, will purchase the Zvezda Shipbuilding Yard from Rosneft. However the deal is in its initial stages. VTB CEO Andrei Kostin said. VTB currently runs the United Shipbuilding Corporation of Russia (USC), Russia’s largest shipbuilder.
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December 1, 2024
Interpress, a Georgian news agency, reported that protesters against the government in Georgia blocked the access road to the main commercial port of the country at the Black Sea town of Poti on Sunday. Protesters blocked at least one entrance of the port complex on Thursday…
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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.