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February 24, 2026
Antonio Costa, the President of the European Council on Monday, urged Hungarian Prime Minister Viktor Orban 'to honour a 'deal for a 90-billion euro loan ($106.11billion) to Ukraine. Budapest had said that it would 'block the plan unless Russian…
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February 21, 2026
Jason Carroll's MOD70 argo smashed the course record of the Royal Ocean Racing Club Antigua 360?Race. It sped around the 48 nautical-mile circuit in just 2 hours, 29 minute and 20 second - an improvement of 25% over the previous mark. Carroll called it "a wonderful day for sailing…
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February 20, 2026
Cobalt stock prices on China's Wuxi Exchange plummeted late in January. Traders attribute the fall to shortages of the material used in electric vehicle batteries in the world's largest consumer. On 'January 29th,'?cobalt, or 37%, was removed from the stock exchange.
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February 20, 2026
According to a decision signed by federal Judge Shamyl Cipriano, a Brazilian court restored late on Wednesday an order allowing?access?to the Santarem River port terminal operated by U.S. grain traders Cargill. The Brazilian court reinstated…
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February 20, 2026
The 17th RORC Caribbean 600, which will take place next week, will feature two MOD70 trimarans that can reach speeds of over 30 knots. Both Jason Carroll's Argo, and Jon Desmond’s Final Final – Zoulou will be battling it out in the tradewinds of 11 Caribbean Islands.
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February 20, 2026
Data shows that the world's benchmark Brent crude oil is being sold at the lowest price in three years from the Baltic ports of Russia. Discounts are important, as they result from sanctions that the West imposed against Russia for the "war" in Ukraine.
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February 20, 2026
The 'discount on Brent' for Russia’s flagship Urals oil blending in the Baltic Sea, reported the Kommersant paper citing Argus data, has widened up to $28 a barrel. This is the highest level since a peak -in April 2023. The federal budget has…
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February 18, 2026
There is a premium built into crude oil prices due to tensions between Iran and the United States. The headlines fluctuate daily, but there's an assumption that all will be well. Brent futures, the global benchmark, rose 4.4% to $70.35 per barrel on Wednesday.
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February 18, 2026
This month, China marks one year since its last import of liquefied gas from the U.S. in the midst of a heated trade war between two world's largest economies. Chinese companies have purchased U.S. LNG from American producers under long-term contracts.
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February 18, 2026
JERA, Japan's largest power generator, has started?construction on its offshore wind project at Akita in?northern Japan. The project is scheduled to start up by 2028, according to Hisahide OKuda, the president of JERA. The move comes despite…
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February 18, 2026
On Wednesday, Sergei Lavrov, the Russian Foreign Minister, told Bruno Rodriguez his Cuban counterpart that Moscow was urging the U.S. to not impose a complete naval blockade against the communist-run Island and instead advocated negotiations.
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February 18, 2026
The Port of Los Angeles is the busiest U.S. ocean gateway. Exports fell by 8% in January, to the lowest output monthly in almost three years. Seroka, after the Port of Los Angeles handled 104.297 20-foot equivalent unit (TEU) of loaded export containers in January…
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February 18, 2026
Elliott Management disclosed on Tuesday that it has built up a stake of more than 10% in Norwegian Cruise Line Holdings. The activist investor is pushing for management and board changes at the cruise operator to turn things around. Morning trading saw a 10% increase in the shares of the company.
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February 18, 2026
The Tengizchevroil group, which operates the giant Tengiz oil field, reported to Interfax on Tuesday that the oil?production is gradually increasing after a'suspension' in January. Tengiz - which accounts for 40% of Kazakhstan's total oil production…
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February 16, 2026
The Wall Street Journal reported that Elliott, an activist investor, has acquired a stake of more than 10% in Norwegian Cruise Line. He plans to make changes within the cruise operator. Could not verify immediately the WSJ article. Norwegian…
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February 16, 2026
Sources confirmed that India had seized three U.S. sanctioned 'oil tankers' linked to Iran this month, and increased surveillance in its maritime zone in order to stop illicit trade. This confirms a post made by Indian authorities on X earlier in February, which was deleted.
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February 16, 2026
India has taken three U.S. sanctioned tanker ships linked to Iran this month, and increased surveillance in its maritime zone to stop illicit trade. A source with first-hand knowledge of the issue said that on Monday. The source said that India…
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February 16, 2026
North Korea will unveil new weapons development goals this month at its Ninth Party Congress, amid assessments that Pyongyang only checked off part of the sweeping list that Kim Jong Un aimed for at his 2021 Congress. Analysts say that while nuclear weapons and missiles remain central to Kim's plan…
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February 14, 2026
Australia announced on Sunday that it will spend A$3.9 billion ($2.76billion) to advance construction of a shipyard which will deliver nuclear-powered subs under the trilateral AUKUS defense pact with the U.S. and?Britain. AUKUS, announced in 2021, is Australia's biggest-ever defence investment.
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February 14, 2026
The Trump administration released on Friday a plan to rebuild U.S. shipbuilding and other maritime business, which will be paid for in part by port fees collected on cargo brought to the United States aboard ships manufactured in China. The…
