Changing tack: windpower breezes back into shipping with Swedish venture

An illustration shows a wind-powered car and truck carrier ship that a Swedish consortium that includes Wallenius Marine is developing and aiming to launch late 2024 in this handout image obtained by Reuters September 10, 2020. Wallenius Marine/via REUTERS(This Sep 10 story corrects vessel length and number of wing sails in 2nd paragraph.)STOCKHOLM (Reuters) -…

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Explainer: How commodity trade finance works

LONDON (Reuters) - Global banks were left shell-shocked this year by a series of commodity trader collapses after instances of fraud were laid bare by the coronavirus crisis.FILE PHOTO: ABN AMRO logo is seen at the headquarters in Amsterdam, Netherlands May 14, 2019. REUTERS/Piroschka van de WouwABN Amro ABNd.AS on Wednesday said it would end…

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Royal Caribbean stock rises 10?ter seeing strong ‘pent up demand’ for summer season 2021

Royal Caribbean's stock rose 10% to over $57 a share on Monday, after the company announced 'remarkable' demand for cruises in 2021 in its core destinations of the Caribbean, Europe, Alaska, and Bermuda.The company also announced losses of $1.64 billion in the second quarter, due to suspended operations.¬†For now, cruise lines are not expected to…

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Cabrera’s 2 homers, 5 RBIs stimulate Nats’ rout of Mets

Aug 10, 2020; New York City, New York, USA; New York Mets starting pitcher Steven Matz (32) throws a pitch against the Washington Nationals during the first inning at Citi Field. Mandatory Credit: Vincent Carchietta-USA TODAY SportsAsdrubal Cabrera homered twice, doubled twice and drove in five runs on Monday night as the Washington Nationals rapped…

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China arrests a minimum of 10 at sea; HK media state suspects fleeing to Taiwan

HONG KONG (Reuters) - Chinese authorities have arrested at least 10 people after intercepting a boat off the coast of the southern province of Guangdong, the provincial Coast Guard Bureau said in a post on its social media site. Hong Kong's Commissioner of Police Chris Ping-keung Tang attends a news conference in Hong Kong, China…

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S.African court enables sheep exports to Middle East, rejects ruthlessness concerns

Sheep gather around a watering hole near Aberdeen in the Karoo, file. REUTERS/Mike Hutchings CAPE TOWN (Reuters) - A South African court ruled on Tuesday that a Kuwaiti firm could ship thousands of sheep to the Middle East, dealing a blow to animal welfare activists seeking to ban such exports on concerns that extreme heat…

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S.African court enables sheep exports to Middle East, turns down cruelty concerns

Sheep gather around a watering hole near Aberdeen in the Karoo, file. REUTERS/Mike Hutchings CAPE TOWN (Reuters) - A South African court ruled on Tuesday that a Kuwaiti firm could ship thousands of sheep to the Middle East, dealing a blow to animal welfare activists seeking to ban such exports on concerns that extreme heat…

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China arrests at least 10 at sea; HK media say suspects fleeing to Taiwan

HONG KONG (Reuters) - Chinese authorities have arrested at least 10 people after intercepting a boat off the coast of the southern province of Guangdong, the provincial Coast Guard Bureau said in a post on its social media site.Hong Kong media, citing unidentified sources, said 12 people from the former British colony were arrested while…

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China arrests at least 10 at sea; HK media say suspects fleeing to Taiwan

HONG KONG (Reuters) - Chinese authorities have arrested at least 10 people after intercepting a boat off the coast of the southern province of Guangdong, the provincial Coast Guard Bureau said in a post on its social media site.Hong Kong media, citing unidentified sources, said 12 people from the former British colony were arrested while…

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Exclusive: Iranian vessel loads with Venezuelan alumina, amid closer ties

By Maria Ramirez and Luc CohenPUERTO ORDAZ, Venezuela/NEW YORK (Reuters) - An Iranian-flagged vessel loaded a cargo of alumina in Venezuela this month after delivering supplies for an Iranian supermarket in the South American nation, three sources familiar with the shipment said, in the latest sign of closer ties between the U.S.-sanctioned nations.Reuters could not…

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