Authorities discovered 183 cloth sacks full of cocaine, destined for the continental European market, inside the sailboat in the Atlantic Ocean, around 550 kilometres from Portugal's coast.
An investigation into the spill, which includes multiple pipeline scenarios and additional vessels, is ongoing.
Iran’s navy has extended its reach in recent years,dispatching vessels to the Indian Ocean and the Gulf of Aden to protect Iranian ships from Somali pirate attacks
The incident came as Russia and China conducted joint naval drills in the area, and followed other dangerously close encounters involving Russian and Western warships.
Dockworkers remain available for 24-hour shifts to help clear the port backlogs, the longshore union said
Thursday's announcement coincided with the arrival in Boston of the U.S. Coast Guard Cutter Healy, named after the Bear's captain from 1886 until 1895, Michael “Hell Roaring Mike'' Healy
"Higher energy prices are also adding to inflationary pressures that, along with power outages, could lead to loweri ndustrial activity and a slow down in the economic recovery," the IEA said
Beijing - The largest provincial economy in China's northeast rust belt on Monday warned of worsening power shortages despite government efforts to boost coal supply and manage electricity use in a post-pandemic energy crisis hitting multiple countries
Doha - Qatar, the world's largest supplier of liquefied natural gas, said on Monday it can't help ease the red hot gas market because it has allocated all its output and believes the high prices are destructive for demand: "We are maxed out as far as we have given all our customers their due quantities," Qatar's energy minister Saad al- Kaabi said
Dubai - Qatar changed the name of its state-owned oil and gas firm to Qatar Energy from Qatar Petroleum to reflect what it said was a broader strategy but said it had no plans to sell assets to raise funds as other Gulf state producers have: "We have plenty of cash" Chief Executive Saad al-Kaabi said on Monday, indicating the Qatari firm would not follow in the footsteps of Gulf rivals which have sold assets
Genoa - SCS Yachting, the Genoese shipping agency headed by two sisters Michela and Carolina Villa, respectively broker and maritime agent, presents Villa Yachting, the new division for the purchase and sale of superyachts at international level. The brand was launched in Genoa during the occasion of Shipping Week
Paris - A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that U.S. President Joe Biden said levelled the playing field
London - Soaring gas prices are forecast to drive a switch to oil and put more energy suppliers in Britain out of business, while industry groups called on Thursday for government action to ensure there is no supply interruption this winter
India is the second largest importer, consumer and producer of coal, and has the world's fourth largest reserves. It mainly imports from Indonesia, Australia and South Africa.
Investors shared Willsher's optimism, sending the company's stock up more than sevenfold since the beginning of the year to $5.75 at the close of trading on Friday.
Targets for scope three emissions, which includes those from customers processing iron ore to steel, should be set "if not by the end of 2023, as soon as possible." T
The relaunch of air transport, the lack of post-pandemic offering and the preclusive effects on the rights of frequent flyers
By ASLA - Associazione degli Studi Legali Associati
Two important factors need to be addressed with the introduction of these technologies. First, validation procedure standards for sensors and how to verify that signal accuracy is maintained over the time
Grimaldi: "I am confident about our proposed purchase of the Greek ports of Heraklion and Igoumenitsa"
“Just a few days ago I met the owner of Kerkyra Lines, a company that operates on the Corfu-Igoumenitsa-Paxos and which transports 500 thousand passengers to Corfu alone, to start a collaboration relationship. But we are also committed to operations in other Italian ports because we want to grow more and more”
Among the summer itineraries that have had the greatest interest are those of proximity, bringing the Italian ports back to the center of the tourist experience.
"I really don't think it's going to be resolved this year, DP World's Sultan Ahmed bin Sulayem told Reuters on the opening day of Expo in Dubai, itself delayed a year by the pandemic.