Sabina's Feed
Oct 9, 2014

Maersk and MSC ship-sharing pact gets U.S. clearance

SINGAPORE/COPENHAGEN, Oct 9 (Reuters) – Top container
shipping companies A.P. Moller-Maersk and MSC
Mediterranean Shipping Co cleared the last regulatory hurdle to
launch a vessel-sharing pact, but companies that use their
services voiced concerns, particularly in China.

The tie-up won U.S. approval on Wednesday after four out of
five commissioners at the Federal Maritime Commission (FMC)
voted not to seek further information from the two shippers
about the impact of the alliance on exporters and ports, one of
the commissioners told Reuters.

Oct 7, 2014

Novozymes looks beyond the ‘fantasy fuel’ it helped to turn into reality

COPENHAGEN (Reuters) – When Denmark’s Novozymes first wondered in 2000 how its mass-produced enzymes could be used to make advanced biofuel, the industry did not exist and only now is the fruit of its labor emerging after years of being lampooned as a “fantasy fuel”.

But as commercial production of transportation fuel made from plant waste rather than valuable corn finally starts in the United States, Brazil and Europe, Novozymes has already turned its gaze towards bioplastics and even diapers.

Oct 2, 2014

Greenland votes to hold parliamentary election in November

Oct 1 (Reuters) – Greenland’s parliament voted on Wednesday
to hold an election on Nov. 28 after Prime Minister Aleqa
Hammond took a temporary leave of absence over a spending
scandal and the opposition lured enough of her supporters to
gain a majority.

The 31-seat assembly voted to hold the election, leader of
opposition Sara Olsvig told Reuters. Olsvig’s party holds a good
chance of winning, polls show, and replacing Hammond who had
been prime minister since April of last year.

Oct 1, 2014

Greenland appears headed for new election, opposition claims majority

COPENHAGEN, Oct 1 (Reuters) – The leader of Greenland’s top
opposition party said on Wednesday enough parliamentarians have
crossed over to her side to bring about fresh elections after
the prime minister took a leave of absence in a dispute over her
use of public finances.

The political turmoil is likely to paralyse the government
at a critical juncture as international companies such as London
Mining Plc LOND.L and Greenland Minerals and Energy GGG.AX are
considering opening iron ore and rare earth mines.

Sep 30, 2014

Greenland PM’s leave creates uncertainty for fledgling mining industry

COPENHAGEN, Sept 30 (Reuters) – Greenland’s prime minister
narrowly avoided a vote of no confidence on Tuesday but will
temporarily leave office while auditors investigate whether she
misused state funds, casting uncertainty over the country’s
fledgling minerals sector.

The turmoil is likely to paralyse the government at a
critical juncture as international companies such as London
Mining Plc and Greenland Minerals and Energy
are considering opening iron ore and rare earth mines.

Sep 24, 2014

Maersk to invest billions, reap savings, but no cash for shareholders

COPENHAGEN, Sept 24 (Reuters) – Denmark’s A.P. Moller-Maersk
said on Wednesday it would invest billions of dollars in new
ships, reap hundreds of millions in savings and announced
valuable contracts for its drilling rigs.

But shares of the world’s largest container shipping company
fell more than 3 percent, partly because it failed to announce
any of the initiatives the market had anticipated for its
investor day in Copenhagen.

Jun 24, 2014

With Bakken oil pipeline, Enterprise goes where others have failed

BISMARCK North Dakota/NEW YORK (Reuters) – Enterprise Products Partners LP proposed on Tuesday to build the first direct pipeline moving shale oil from the Bakken formation to the Cushing, Oklahoma storage hub, hoping to succeed where others have failed.

The 1,200-mile (1,900-km) pipeline will have a capacity of 340,000 barrels per day (bpd) adding supplies to the delivery point for U.S. crude benchmark futures. Enterprise aims to have the pipeline up and running by the end of 2016.

May 30, 2014

Ukraine to push on with army offensive, row grows over Russian fighters reports

KIEV/DONETSK Ukraine (Reuters) – Ukraine’s government vowed on Friday to press ahead with a military offensive against separatists, despite a deadly attack on an army helicopter, amid increasing reports that volunteer fighters from Russia were involved in rebellions in the east.

President-elect Petro Poroshenko, who scored an overwhelming first-round victory in a poll on May 25, swore to punish those responsible for the shooting down on Thursday of the helicopter near Slaviansk, which killed 14 servicemen including a general.

May 29, 2014

Ukraine separatists down army helicopter, 14 killed

DONETSK Ukraine (Reuters) – Pro-Russian separatists shot down a Ukrainian army helicopter on Thursday, killing 14 soldiers including a general, as government forces pressed ahead with an offensive to crush rebellions in the east swiftly following the election of a new president.

After weeks of accusations from Kiev of Russian involvement in the uprising, a rebel leader in the eastern city of Donetsk acknowledged that some of his fighters who died in the government offensive had been “volunteers” from Russia, saying their bodies were being returned home across the border.

May 28, 2014

The reality of Ukraine’s conflict in a Donetsk morgue

DONETSK Ukraine (Reuters) – At the Kalinin morgue in Donetsk, where fighting has raged for two days between Ukrainian forces and pro-Russian separatists, the bodies were piled so high it was difficult to tell their number.

The separatists say these were wounded men being transported back to the city in a Soviet-era truck when they were struck by fire from the ground and air.