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TGS intends to charter a vessel from Polarcus in 2016
DENMARK: TGS-NOPEC Geophysical Company ASA (TGS) has signed a letter of intent with Oslo-listed seismic vessel operator Polarcus for the...
Cyprus gives go ahead to Limassol port privatization,hopes to raise €1b by 2016
ATHENS: The government of Cyprus has changed the legal framework of the Cyprus Ports Authority (CPA), which will allow commercial...
Alaska’s crude oil production has declined from 1.8m barrels per day in 1991 to 0.5 MMb/d in 2014
OSLO: Alaska’s crude oil production has declined from 1.8 million barrels per day (MMb/d) in 1991 to 0.5 MMb/d in...
Malaysia’s national rubber production in April 2015 dropped 40.8% to 35,850 tonnes
KUALA LUMPUR: Malaysia’s national rubber (NR) production in April 2015 dropped 40.8% to 35,850 tonnes compared with the previous month,...
House prices in smartest parts of London down by up to 22%
LONDON: House prices in the smartest parts of London have fallen by up to 22% since last Autumn, according to...
PSA Int’l inks joint container terminal deal with China
BEIJING: PSA International has inked a joint venture deal to operate a new container terminal in China's southern Guangxi province....
PT Bukit Asam coal port to work under state
JAKARTA: Transportation Minister Ignatius Jonan is scheduled to inaugurate a coal port belonging to state-owned coal miner PT Bukit Asam...
Iran, Nigeria ink deal to raise trade to $500m annually
TEHRAN: The Islamic Republic of Iran has expressed its willingness to aggressively increase the volume and value of its trade...
Fashion brand Ted Baker reportes 24% sales rise in strong first quarter
LONDON: Fashion brand Ted Baker reported a 24.2% increase in group revenue over the 18 weeks ended on 6 June...
Indian customs arrests 2 for smuggling gold
NEW DELHI: The Special Investigation and Intelligence Branch of Customs probing the gold smuggling case at the Cochin International Airport...
Lisbon air customs arrests passenger for smuggling 59 pellets cocaine
LISBON: Police at Lisbon airport have this week arrested a passenger travelling from São Paulo, Brazil to Amsterdam and who was...
40 GW of new solar capacity installed worldwide in 2014
BRUSSELS: Solar power now covers more than 1% of global electricity demand. In three countries in Europe – Italy, Germany...
Int’l smuggling gang making Ireland ‘smuggling hub’
DUBLIN: Ireland is a target for international crime gangs despite the best efforts of the Revenue Commissioners, a retailers’ group...
Stanford engineers develop a computer that operates on water droplets
FRANCE: A team of Stanford engineers led by assistant professor of bioengineering Manu Prakesh have created a miniature computer which...
We can save ourselves from Earth killing asteroids
LONDON: Earlier this spring, as violence and chaos drove thousands of refugees onto rickety boats off Libya, with some drowning...
Wi Fi signal helps to count people in crowd
NEW YORK: A Wi-Fi signal can be used to count the number of people in a given space, leading to...
ESA images suggest suitable landing place of philae lander
NEW YORK: Scientists have been searching for Philae lander ever since the robotic probe lost power after landing on Comet...
Denmark’s Skibskredit eyes IPO to boost its financial position
COPENHAGEN: A Danish ship finance bank has said it is looking at an IPO to help boost its financial position....
Customs arrests man for smuggling mobile phones inside Goulburn Correctional Centre
PENRITH: Detectives began an investigation last week after contraband, including prescribed medication and two mobile phones, was discovered inside the...
Polar bears in Arctic start eating dolphins due to global warming
LONDON: Scientists blame global warming for weird behaviour Polar bears in the Arctic have been seen eating dolphins for the...
