The groundbreaking ceremony for the canal, set to link the Black Sea and the Sea of Marmara, was held on Saturday at a construction site of one of the six bridges across the future waterway. The ceremony was attended by Turkey’s president, Minister of Transport and Infrastructure Adil Karaismailoglu, and …
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The Maersk Emerald – a Singapore-flagged ship – was forced to drop its anchor after experiencing engine issues on its way to Salalah, Oman, sources told the media on Friday. The ship was towed away just a few hours later, according to reports. Though the incident caused no major impact …
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Garden centres were open during all the three lockdowns in the country, encouraging a real boom in sales of lawn gnomes and other outdoor furniture when Brits were forced to stick to their homes. “We haven’t seen a gnome in six months now, unfortunately,” Ian Byrne, assistant manager of Highfield …
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Russian billionaire Oleg Deripaska expressed the hope that Russian Railways, the country’s state-run monopoly, would take a fresh look at the country’s transportation services in the light of the catastrophic event on one of the world’s most important waterways. According to the businessman, Russia has several projects that could easily …
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The Suez Canal’s recent spell in the limelight has turned out to be quite revealing. The strategic waterway has dominated headlines for a week after a giant container ship, the Ever Given, got stuck in sand and mud at the canal’s southern end, blocking it and bringing shipping to a …
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The 400-meter long Ever Given has been successfully refloated, Admiral Osama Rabie, Chairman and Managing Director of the Suez Canal Authority (SCA) said in a statement. A picture taken from another vessel in the canal on Monday afternoon appeared to show the Ever Given positioned towards the middle of the waterway. …
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The long-awaited liberation of the ship sparked raucous celebrations at the port. The vessels trapped by the giant ‘beached’ vessel for almost a week blew their horns as they rejoiced at the news. The Ever Given was refloated at 4:30am local time on Monday, Inchcape tweeted, adding that the ship, …
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“You can see it now from the International Space Station,” the cosmonaut wrote on Instagram, adding that the images show how small tugboats were trying to move the giant vessel. Посмотреть эту публикацию в Instagram Публикация от Sergey Kud-Sverchkov (@kudsverchkov) The snapshots give a good look at how the 400-meter-long …
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The traffic jam has trapped freighters with goods and oil products worth over $10 billion, according to the latest estimates by Bloomberg. The agency added that the losses the global economy will eventually sustain are currently difficult to access. The cost of delivering a standard dry-cargo container with a total …
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According to commodities analyst Kpler, which tracks bulk goods vessels, at least seven tankers bearing 6.3 million barrels of crude oil have been delayed because of the accident. Using the Brent Crude oil price of about $64 a barrel as a value proxy, the seven vessels carry about $403 million worth …
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