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Schmidt Sciences Fosters AI Research

Schmidt Sciences has named 25 scholars working at the forefront of AI as AI2050 fellows and will award them up to $12 million to advance research that realizes the potential of AI to benefit humanity.The AI2050 program asks researchers to imagine…
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Great Lakes NOV Iron Ore Trade Dips

Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month’s 5-year average by 3.5 percent.Year-to-date the iron ore trade stands at 45.2 million tons, a…
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Adani Ports withdraws DFC Port Funding Request

India's Adani Ports and Special Economic Zone Ltd  said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan, withdrawing its request for funding from the U.S. International Development…
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Lock Accident Closes Germany’s Mosel River

The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways shipping after an accident that damaged a lock, navigation authorities said.A lock at Mueden south of Koblenz has been…
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DP World Launches Container Port Inset Program

DP World is trialing an innovative carbon reduction program at its UK logistics hubs, London Gateway and Southampton, aimed at helping cargo importers cut their emissions.Starting on 1 January 2025 for an initial six-month trial, the Carbon…
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