Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer.The Ukraine grain Black Sea export deal was…
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Bunge Port Deal in Southern Brazil Ends, Opening Door to Rivals
The end of a contract between a Bunge agent and a state-run port company in southern Brazil could make room for rivals interested in the public grains terminal, documents and court filings showed.The contract between Bunge port agent Litoral…
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Floating Offshore Wind: New Seascape, New Challenges
Offshore wind energy planners are giving close review to fixed-tower systems in order to extend lessons learned to floating wind towers, under development now. In the U.S., floating towers have been most closely associated with plans for new wind energ...
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Hempel Announces Executive Leadership Changes
Denmark-based coatings manufacturer Hempel announced changes to its executive management team.The company appointed Peter la Cour Gormsen as Chief Financial Officer (CFO) and Executive Vice President of Finance, and René Overgaard Jensen has…
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25 People Die as Migrant Boat Sinks Off Sfax, Tunisia
Tunisia's coastguard has recovered 15 more bodies of migrants, bringing the death toll from a shipwreck off Tunisia to 25, a security official told Reuters on Thursday.A wooden boat packed with about 110 migrants sank on Wednesday off the coast of the ...
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Baltic Index Steady as Capesize Bounce Offsets Dip in Smaller Vessels
The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities, was flat on Thursday as higher rates for capesizes countered a dip in smaller vessel segments.The overall index, which factors in rates for capesize…
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China to Ban Vessels from Area Near Taiwan Over Rocket Debris
China will ban vessels from an area near Taiwan on Sunday because of the possibility of falling rocket debris, its maritime safety agency said on Thursday, as Japan sought details from Beijing on a reported no-fly zone in the same location.
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Markets: The Challenges of Developing Floating Wind at Scale
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
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ADNOC L&S Adds Five New Very Large Gas Carriers to Fleet
United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.The carriers of the shipping and maritime logistics…
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New Product: PermaStar LED Floodlight
SONARAY, a manufacturer of proprietary LED lighting products, announced PermaStar, a high efficacy, 500-watt LED Flood Light that comes with a limited lifetime warranty. The new flood light is durable with IP66 and IK10 ratings, and is available in a ...
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