Italian shipbuilder Fincantieri will expand its cooperation with Saudi Arabia through its new unit Fincantieri Arabia, the group said on Wednesday.The Saudi unit will support the kingdom's Vision 2030 development agenda in the cruise, defense and offshore sectors, Fincantieri said in a press release, released on the margins of an industrial conference.
First responders and volunteers from Trinidad and Tobago on Tuesday sought to contain an oil spill detected last week in the Caribbean country's waters and clean areas of Tobago island's coast already affected by the incident.Trinidad and Tobago's coast guard first spotted the spill on Feb.
The Indian Navy said on Thursday it had rescued the crew of a U.S.-owned vessel in the Gulf of Aden after an attack by Yemen's Houthi movement as tensions in the region's sea lanes disrupted global trade.Following the attack on the U.S. Genco Picardy late on Wednesday, the U.S. military said its forces had conducted strikes on 14 Houthi missiles that "presented an imminent threat to merchant
The United States on Wednesday returned the Yemen-based Houthi rebels to a list of terrorist groups, while business chiefs warned that disruption to shipping in the Red Sea caused by their attacks could affect supply chains for months.Attacks by the Iran-allied Houthi militia on ships in the region since November have slowed trade between Asia and Europe and alarmed major powers - an escalation
Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods, an executive from port and freight operator DP World said on Tuesday as a missile struck another vessel in the region.The Iran-allied Houthi militia has threatened to expand its attacks to include U.S. ships in response to American and British strikes on its sites in Yemen.
For centuries, riverside communities, including the "quilombola" descendants of enslaved Africans who escaped from plantations and ranches, have shared Xingu Island in Brazil's Amazon Basin.Its inhabitants live in brightly painted wooden houses overlooking rivers where small boats crisscross between islands and Abaetetuba city on the mainland to trade fish
Italian authorities on Wednesday said forty-one migrants are thought to have died in a shipwreck last week in the central Mediterranean, according to accounts by survivors who have been taken to the island of Lampedusa.Local public prosecutor Salvatore Vella confirmed media reports that four people who survived the shipwreck told rescuers they were on a boat carrying 45 people
Italian authorities have seized a record 5.3 tonne cocaine haul being transferred between ships off the southern coast of Sicily, police said on Friday.The consignment had an estimated value of 850 million euros ($946 million) and five people have been arrested, the Guardia di Finanza said in a statement.
A strike planned for Monday by ship and dock foremen at west Canadian ports has been called off after the country's industrial relations board found the union's strike notice was in violation of the labor code, the board said in an order."The Board directs the union to rescind its strike notice," Canada Industrial Relations Board (CIRB) said in the order
Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets.Many countries are relying on a huge and rapid build-out of offshore wind farms which have high upfront costs but over the longer term can provide cheaper energy than fossil fuel plants.
A South Korean businessman wanted for nine years by authorities was extradited from the United States last Friday to face charges linked to one of the country's worst maritime disasters in which over 300 people, mostly children, were killed.Yoo Hyuk-kee was taken into custody on arrival from New York, where he had been fighting extradition to South Korea
Italian shipbuilder Fincantieri posted a first-half net loss of €22 million ($24.35 million) shrinking it from €234 million a year ago, helped by one-off items of €33 million, the group said on Wednesday.The Trieste-based vessel maker reported a half-year backlog at 22 billion euros, with 88 ships to be delivered up to 2029.