12 APR 2022 Salvage effort for the containership ever forward entered a new phase over the weekend as the 127,000 dwt vessel remains firmly aground in the Chesapeake Bay. After days of dredging and two failed attempts to pull the vessel free, the team determined that they needed to lighten the vessel …
Read More »CHILDHOOD TRAUMA HEIGHTENS RISK OF MULTIPLE SCLEROSIS, MASSIVE STUDY FINDS
16 APRIL 2022 The impact of childhood trauma can last a lifetime, and leave people feeling like shadows of their former selves. Victims of abuse also face unimaginable pain and very real health consequences, none of which is their fault. Now, a study of nearly 78,000 Norwegian women has found …
Read More »PYRAMIDS’ PERFECT ALIGNMENT MIGHT BE EXPLAINED AFTER ALL
15 APR 2022 For centuries, the pyramids of Giza have puzzled researchers – not just their mysterious voids and hidden chambers, but exactly how ancient Egyptians built such impressive structures without modern technology. One of the most confounding issues is how the structures became so perfectly aligned. Although it’s slightly lopsided, overall the square sides …
Read More »TANKER MEGA-MERGER: FRONTLINE AND EURONAV TO COMBINE IN $4.2 BILLION DEAL
14 APR 2022 By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that they said would cut costs and help in their low-carbon transition. Norwegian-born billionaire John Fredriksen, the largest owner …
Read More »IS TAIWAN’S EVERGREEN HELPING TO FINANCE CHINA’S NAVAL EXPANSION ?
13 APR 2022 A new report says that commercial shipbuilding efforts by prominent companies – including Carnival Cruise Lines, CMA CGM, and Taiwan’s Evergreen Shipping – are helping China finance warships. Contracts between China’s top state-owned shipbuilding firm and Taiwan’s leading shipping company are likely lowering the costs of upgrading China’s navy, …
Read More »GLOBAL GRAIN TRADE OF $120 BILLION IS BEING REDRAWN BY RUSSIA’S WAR IN UKRAINE
12 APR 2022 Across Ukraine’s farm belt, silos are bursting with 15 million tons of corn from the autumn harvest, most of which should have been hitting world markets. The stockpiles — about half the corn Ukraine had been expected to export for the season — have become increasingly difficult to get to buyers, providing a glimpse into the turmoil Russia’s war has wrought …
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