With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s som...
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Ship Insurance Costs Soar After Middle East Tanker Attacks
Insurance costs for ships sailing through the Middle East have increased by at least 10% after attacks on two tankers in the Gulf of Oman on Thursday, with the potential for costs to rise further as regional tensions escalate, ship insurers…
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COFCO in Talks to Buy Stake in Russian Port Grain Terminal
Top Chinese grain trader COFCO is in talks about buying a shareholding in a grain export terminal in the Russian port of Novorossiysk as part of its expansion in Europe, sources said on Friday.COFCO is understood to be in talks about buying…
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French, Italian Shipbuilders Forge Naval Alliance
France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market.The alliance…
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Latest on Tanker Attacks South of the Strait of Hormuz
U.S. President Donald Trump blamed Iran on Friday for attacks on two oil tankers at the entrance to the Gulf despite Tehran's denials, stoking fears of a confrontation in the vital oil shipping route.Here are the latest developments:* U.S. President…
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Maersk Explores Arctic Shipping Route with Russia
Shipping group A.P. Moller-Maersk said on Friday it is in talks with Russia's state-owned icebreaker operator to send more goods via the Arctic, which is becoming more accessible as climate change reduces the sea ice.Russia has made developing…
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Boskalis to Salvage Gulf of Oman Tankers
Dutch marine engineer Boskalis said on Friday it had has been appointed to salvage both tankers that were hit in the Gulf of Oman in a suspected attack.Boskalis said the condition of the Front Altair tanker, carrying a cargo of naphtha, was still worry...
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Russia uncovers 40,000 year-old wolf head, preserved in ice
About 40,000 years ago, a wolf died in what we know as Siberia. Now its severed head has been found, and because of the freezing conditions, it is so well preserved that its fur, teeth, brain and facial tissue are largely intact.
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Big Cash Boost at Boston Port
A new report from the Massachusetts Port Authority (Massport) shows the Port of Boston contributed $8.2 billion in economic activity in 2018, up from $4.6 billion in 2012.Smart investments and partnerships have led to growth in jobs, business revenues…
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U.S. Pushes for More Offshore Wind Jobs
The National Ocean Industries Association (NOIA) announced the support for the Offshore Wind Jobs and Opportunities Act.NOIA President Randall Luthi submitted a letter in support Offshore Wind Jobs and Opportunities Act, ahead of House Natural…
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