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July 23, 2024
Maersk said on Friday that a fire had broken out on one of their chartered vessels, sailing from Mundra off the west coast of India, to Colombo in Sri Lanka. Local media reported that the fire was caused by a short-circuit, which resulted in explosions, and that a Filipino seaman died.
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July 23, 2024
The Global Centre for Maritime Decarbonisation in Singapore (GCMD) announced this week that it had completed the final trials of biofuels for ships, with German container company Hapag-Lloyd as well as energy giant BP. The GCMD started an 18…
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July 23, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Overview - On Thursday, the Bank of England announced that it was experiencing a temporary outage of its CHAPS interbank payments system.
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July 23, 2024
The European Wheat Futures were little altered on Thursday, as the rebound from its four-month low was halted amid fierce export competition due to Black Sea supplies. The price of front-month wheat for September on Euronext remained unchanged at 215.00 Euros ($234.63) per metric ton.
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July 23, 2024
Two people with knowledge of the sale said that Saudi Arabian Bahri dropped its bid to buy Schenker's German logistics unit from Deutsche Bahn, reducing the competition down to DSV or CVC. Sources said that the departure of Bahri means that…
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July 23, 2024
Vineyard Wind warned on Thursday that debris from an offshore wind turbine which broke could wash up along the Massachusetts coastline after a large portion of the damaged shaft fell into the sea. The company stated that although crews work to remove debris from the ships…
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July 23, 2024
The European Wheat Futures fell on Thursday, as the rebound from its four-month low was stalled by stiff competition from Black Sea exports. The price of front-month September wheat at the Paris-based Euronext Exchange was down by 0.2% to 214.50 euro ($233.98), per metric tonne, as of 1528 GMT.
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July 23, 2024
An official notice published on Thursday showed that Britain has added 11 new sanctions to its Russia sanctions regime in relation to the conflict in Ukraine. The government stated that the sanctions against ships such as Zaliv Amurskiy, SCF…
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July 23, 2024
The Vineyard Wind offshore project, which dispersed shards and fiberglass along Massachusetts beaches this week, was the latest of a string of wind turbines manufactured by GE Vernova to fail. According to a recent analysis of wind power incidents…
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July 23, 2024
The French shipping and logistic company CMA CGM announced Thursday that it has entered into a partnership agreement with Alphabet’s Google in order to accelerate the deployment of AI across all its global operations. CMA CGM strives to improve…
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July 23, 2024
The renewables division of the French power giant EDF and Repsol, a Spanish energy company, have agreed to work together in auctions for offshore wind in Spain and Portugal. The companies announced on Thursday that they had signed an exclusive…
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July 23, 2024
Saipem, an Italian energy contractor, announced on Thursday that it had been awarded a contract for supervision and subsea interventions services in relation to the gas pipeline connecting Italy with Libya. Saipem announced in a press release…
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July 23, 2024
The renewables division of the French power giant EDF and Repsol, a Spanish energy company, have agreed to work together in auctions for offshore wind in Spain and Portugal. The companies announced on Thursday that they had signed an exclusive…
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July 23, 2024
The River Seine is a key element in the Paris 2024 Olympics. A boat parade will take place there, as well as two events: the triathlon swimming leg and the marathon swimming. The pollution levels of the Seine has raised concerns about athletes' health. Where are we now?
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July 23, 2024
A federal agency announced on Tuesday that the Vineyard Wind offshore wind power project, located off the coast Massachusetts, has been suspended until further notice. Authorities are investigating a failure of a turbine blade which caused debris to wash ashore on beaches. The U.S.
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July 23, 2024
Denmark's A.P. Moller-Maersk, the Danish A.P. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks from Iran-aligned Houthi terrorists in the Red Sea since December. The longer voyage times have pushed freight rates up.
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July 22, 2024
European ports. Below are actions taken by some shipping business (in. The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.
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July 13, 2024
The Great Britain SailGP Team of Hannah Mills and Ben Ainslie won the Impact League season four for its sustainable efforts. Denmark, last year's champions, came in second and Switzerland third. The Impact League, which measures how SailGP teams are reducing their carbon footprints…
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July 12, 2024
The German government announced on Friday that Berlin takes reports of an assassination plot against the head of Rheinmetall arms manufacturer very seriously. It will not be intimidated by Russian threats. CNN and The New York Times reported on Thursday that U.S.
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July 12, 2024
On Friday, Eneco Ocean Winds, and Otary, wind developers, announced that they had formed a consortium in order to compete for an offshore wind tender. The tender is to develop wind energy in the Princess Elizabeth Zone in the Belgian North Sea.