Globus Maritime Limited, a dry bulk shipping company, announced today that Dimitrios Stratikopoulos has resigned from its Board of Directors due to other recent pressing business commitments with the resignation taking effect immediately. The…
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Crustacean revelation: coconut crab’s claw is stunningly strong
WASHINGTON (Reuters) - It may not be wise to get into a scrap with a coconut crab. Its claw is a mighty weapon.
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Navigation system failure cited in crash of European Mars lander
(Reuters) - Europe's Schiaparelli Mars lander crashed last month after a sensor failure caused it to cast away its parachute and turn off braking thrusters more than two miles (3.7 km) above the surface of the planet, as if it had already landed, a rep...
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European Commission Gives Conditional Backing to Hapag-Lloyd, UASC Merger
The European Commission on Wednesday said it has given its conditional approval to a merger between German container shipping line Hapag-Lloyd and the United Arab Shipping Company (UASC). The merger would create a combined company worth about 7 to 8 bi...
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Seattle and Tacoma Report Strong October Box Volumes
The ports of Seattle and Tacoma reported October full load import and export volumes that were the strongest for the month since 2012. Year to date, imports and exports for October continue to support a strong peak season for the Northwest Seaport Alliance (NWSA)…
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NATO Ends Counter-piracy Mission as Focus Shifts to Mediterranean
NATO has ended its Indian Ocean counter-piracy mission after a sharp fall in attacks, the alliance said on Wednesday, as it shifts resources to deterring Russia in the Black Sea and people smugglers in the Mediterranean. All ships and patrol aircraft have now left the area off the Horn of Africa…
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A Passenger Vessel with a Megayacht Design
Cruising on pleasure boats goes back a long way on the large lakes of Central Europe. There has been a so-called White Fleet in Switzerland for more than 175 years. Now, the Lake Lucerne Navigation Company’s (SGV) latest generation of passenger boats has the countenance of a superyacht…
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India Plans to Increase Submarine Fleet
Indian Defence Minister Manohar Parrikar said the country must rethink its submarine building plan and look for greater numbers than the existing plan of making 24 submarines. "Indian Navy needs to rethink its submarine building plans and should look f...
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Korea Line Buys $31.4m Biz from Hanjin Shipping
South Korea's Hanjin Shipping Co Ltd will sell part of its container ship business to Korea Line Corp for 37 billion Korean won ($31.38 million), reports Reuters. Korea Line will buy Hanjin's Pacific routes shipping business, relevant client management information…
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Collaboration Lays Benchmark for International Award
A combined Defence and industry team has won the International Association of Contract and Commercial Management Innovation Award for Operational Improvement. The FFG Enterprise is a collaboration between Defence's Capability Acquisition and Sustainment Group…
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