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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.
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November 20, 2024
French sailor Yoann richomme broke the record of the longest distance covered by a monohull in 24 hours. He clocked 1,021.7 km (551.84 nautical miles) during the Vendee Globe race, a solo non-stop around-the-world race. Nicolas Lunven set the record of 546.64 nautical mile a week before Richomme…
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November 20, 2024
Poland plans to allocate new areas for offshore turbine farms in the Baltic Sea. This was announced by its deputy minister of infrastructure on Wednesday. Poland has boosted its ambitions for offshore wind farms on the Baltic Sea even though…
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November 19, 2024
The energy ministry announced that Trinidad and Tobago signed a production-sharing agreement on Tuesday with a British oil and gas company BP unit for the exploration and production of natural gas in a shallow water area. The agreement comes…
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November 19, 2024
The agricultural firm Louis Dreyfus announced on Tuesday the construction of a new transshipment sugar terminal in Brazil's Sao Paulo State, which is expected to be finished by mid-2025. Executives from the company claim that the new terminal…
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November 18, 2024
The United Kingdom Maritime Trade Operations said that a vessel located 60 nautical miles south of Yemen's Aden reported a missile splashing in the water within its proximity on Monday. UKMTO said that both the vessel and crew were in safety.
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November 15, 2024
Maxime Sorel, a sailor from France, retired on Friday after five days in the non-stop, solo race around the world. The Frenchman was battling an enlarged ankle from the second day. He sustained this injury while trying to fix a broken hook or damaged mainsail tracks.
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November 15, 2024
Danish logistics and shipping firm DFDS announced on Friday that it has agreed to purchase the international transport network of Turkey's Ekol Logistics, overturning a two-week-old decision to cancel the deal. DFDS stated that the acquisition was finalized after renegotiating some terms.
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November 14, 2024
Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…
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November 13, 2024
Traders said that the European Union is increasingly focusing its wheat exports on the west side of Africa, after Russia dominated major markets in North Africa and Middle East. EU shipments of soft wheat or common wheat are 30 percent below their previous year's level.
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November 13, 2024
The European wheat price fell on Wednesday as a result of the continued competition between Russia and Ukraine. Benchmark December milling grain on Paris' Euronext dropped by 1.5% at 1613 GMT to 211.00 Euros, also being dragged lower by a fall in Chicago wheat futures.
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November 13, 2024
Nexans announced on Wednesday that it would convert its U.S. plant into an export center if Donald Trump's second term as president brought challenges to the offshore wind industry. In Charleston, South Carolina, the French power and data cables specialist makes underwater cables for the U.S.
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November 13, 2024
Ferretti, the luxury Italian yacht manufacturer, reduced Wednesday its guidance for full-year adjusted core profit (EBITDA), and revenue pending confirmations of U.S. yacht orders in its "composite segment". Ferretti's "Composite Yachts" are the smallest yachts in its three product lines.
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November 13, 2024
Two of the biggest renewables companies in the world warned on Wednesday of potential challenges for the U.S. off-shore wind sector under Donald Trump's presidency, pointing out possible delays for the technology that the president elect has criticized. RWE is the No.
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November 12, 2024
Italian Sea Group's chief executive stated on Tuesday that the company is not responsible for the sinking of Mike Lynch’s superyacht which resulted in the death of the British tech billionaire Mike Lynch and six other people. The Bayesian, a luxury yacht built by Perini Navi in 2008…
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November 10, 2024
Al Masirah TV (the main Houthi-run television news outlet) reported Sunday that the United States and Britain conducted raids in the Yemeni capital Sanaa and the Amran Governorate, among other areas. Residents and media from the Houthi group claimed that nine raids targeted Sanaa and its suburbs…
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November 8, 2024
The Royal New Zealand Yacht Squadron confirmed on Friday that Britain's INEOS Britannia was the Challenger of Record in the 38th America's Cup. This sets the stage for next year's edition of the most prestigious sailing competition. The Challenger…
