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☆ Whale Capsizes Fishing Boat Off New Hampshire Coast
▼ + stars: | 2024-07-24 | by ( Remy Tumin | More About Remy Tumin | ) www.nytimes.com time to read: +1 min

A humpback whale that an expert said was looking for food breached the water and landed on a recreational boat near Portsmouth, N.H., on Tuesday, capsizing the vessel and ejecting two passengers, the United States Coast Guard said. The Northern New England sector of the Coast Guard received a mayday call for a 23-foot boat that had capsized when a whale shot up from underneath the boat and flopped onto it, about half a mile east of Odiorne Point State Park. The dramatic flip was caught on video by Colin Yager, 16, who was out fishing on another boat nearby, according to WHDH in Boston. The whale also appeared to be uninjured, the Coast Guard said. “It’s was a harrowing experience,” Gregg Paquette, one of the two passengers knocked over by the whale, told WHDH.

Persons: Colin Yager, “ It’s, ” Gregg Paquette, “ Organizations: United States Coast Guard, Coast Guard, WHDH Locations: Portsmouth, N.H, Northern New England, Odiorne Point, Boston

☆ Video showed a humpback whale smashing into and capsizing a boat. Biologists say the whale was likely just feeding.
▼ + stars: | 2024-07-24 | by ( Kelsey Vlamis | Jessica Orwig | ) www.businessinsider.com time to read: +4 min

Read previewA fishing boat about a mile off the coast of New Hampshire capsized on Tuesday after a humpback whale came out of the water and smashed into it, according to video of the incident. "So no attack by the humpback whale, just an unfortunate accident for both the whale and fisherman," he said, adding the whale may not have even realized the boat was there. Smith, who studies humpback whale behavior, said lunging for fish is a very common behavior for the species. AdvertisementAs for the humpback in the video, the whale may have been injured when it crashed into the boat. Vessel collisions remain a threat to humpback whales, though typically, strikes by larger ships pose the greatest risk.

Persons: —, Andrew Trites, Trites, Melanie Smith, Smith, WCVB Organizations: Service, New Hampshire, Business, Marine Mammal Research, University of British, University of New Locations: New, University of British Columbia, University of New Hampshire

☆ Sahand: Iranian warship rolls over in port, could be out of action for six months
▼ + stars: | 2024-07-09 | by ( Brad Lendon | ) edition.cnn.com time to read: +2 min

A photo from the semi-official Tasnim News Agency showed the warship, with a displacement of about 2,000 tons, resting on its left side in the Bandar Abbas port. Naval analyst Carl Schuster, a former US Navy captain, said it would take Iran four to six months to repair the ship once it can be refloated. Ships like the Sahand tend to have a lot of “top hamper,” weight from electronics and weapons above their center of gravity, Schuster said. The Sahand is the most recent ship to carry that name for the Iranian navy. The previous Sahand was sunk by the US Navy in 1988 during Operation Praying Mantis, which launched after a US frigate was crippled by an Iranian mine in the Persian Gulf.

Persons: “, Tasnim, Carl Schuster, ” Schuster, Schuster, ”, Capsizing, IRNA Organizations: CNN, Republic News Agency, Tasnim News Agency, US Navy, Ships Locations: Bandar Abbas, Bandar, Iran, Iranian, Persian

☆ An Iranian frigate was seen capsizing at port while next to merchant ships, in another black mark for the country's record of naval mishaps
▼ + stars: | 2024-07-08 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

An Iranian frigate capsized while undergoing repairs at Bandar Abbas, a coastal city in the Strait of Hormuz. State media reported that it took on water and lost balance due to a "technical failure." AdvertisementSeveral people were admitted to hospital after an Iranian warship capsized at the port city of Bandar Abbas on Sunday, Iran's state media reported. The Sahand, a domestically produced Moudge-class frigate, was undergoing repairs when it lost balance and partially sank, per the Mehr News Agency. The mishap was due to a "technical failure," Mehr reported.

Persons: —, Bandar, Mehr Organizations: Service, Mehr News Agency Locations: Iranian, Bandar Abbas, Strait, Hormuz, State, , Bandar Abbas

☆ Purdue Opioid Settlement on Verge of Collapse After Supreme Court Ruling
▼ + stars: | 2024-06-27 | by ( Jan Hoffman | ) www.nytimes.com time to read: +1 min

The hard-fought settlement of thousands of lawsuits against Purdue Pharma was close to capsizing on Thursday, after the Supreme Court rejected liability protections for the company’s owners. The ruling effectively prevents the release of billions of dollars that could help alleviate the ravages of opioid addiction. The future of the cases, some of which are a decade old, is now in limbo, as states, local governments, tribes and more than 100,000 individuals who sued the company, best-known for its prescription painkiller OxyContin, figure out next moves. The court effectively upended the settlement by striking down a provision that Purdue’s owners, members of the billionaire Sackler family, had insisted upon: immunity from all current and future opioid lawsuits in return for payments of up to $6 billion to plaintiffs. In a statement, Purdue called the decision “heart-crushing,” because the settlement had been agreed to by an overwhelming majority of plaintiffs.

Persons: Sackler Organizations: Purdue Pharma, Purdue Locations: capsizing

☆ I sent my kids to summer camp in Spain. It was affordable and they got to experience independence.
▼ + stars: | 2024-06-25 | by ( Tijana Srdanov | ) www.businessinsider.com time to read: +3 min

It was a blistering summer in the little seaside town of Caldes d'Estrac, an enchanting getaway thirty minutes outside Barcelona. When our friends suggested we put the children in a sailing casale, or summer camp, together at the local seaport, we enthusiastically agreed. In the US, or at least in California, where we live, summer camps usually start around $250 per child per week and can run upwards of $1000 for specialty camps. In addition, securing a spot is challenging, with parents already beginning to register for summer camps as early as March. AdvertisementThey experienced independenceAfter just the first day, the children came back with exciting and harrowing tales of adventure.

Persons: Caldes, I'm Organizations: Service Locations: Caldes, Barcelona, casale, California, speedboats

☆ Ancient Shipwreck Preserves a Deep Bronze Age Time Capsule
▼ + stars: | 2024-06-20 | by ( Franz Lidz | Kobi Wolf | ) www.nytimes.com time to read: +1 min

Remains of the oldest shipwreck ever discovered in deep water, and perhaps the oldest complete wreck in any water, have been located in the Mediterranean Sea about 56 miles off the coast of northern Israel. The Israel Antiquities Authority, which announced the find on Thursday, said that preliminary examination of two clay jars known as Canaanite amphorae indicated that the merchant vessel, an estimated 39 to 46 feet long, sank sometime between 1400 B.C. and 1300 B.C., an epoch when the Egyptian empire stretched from what is now northern Syria to Sudan, and the boy pharaoh Tutankhamun briefly sat on the throne. Whether the galley was the victim of a sudden storm, a wayward wind or attempted piracy is unclear. No spectacular new finds have surfaced since then.

Persons: Tutankhamun, “ Organizations: Israel Antiquities Authority, M University Locations: Israel, Syria, Sudan, Texas

☆ Researchers discovered a 137-year-old shipwreck in the depths of Lake Michigan using sonar imagining
▼ + stars: | 2024-04-02 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Researchers used sonar to locate a long-lost shipwreck in Lake Michigan. The 135-foot ship sank in 1886 after colliding with another boat. Last year, the group announced the discoveries of a 190-foot cargo vessel that sank in Lake Huron amid blustery winds in 1894 and a 140-foot schooner that sank in Lake Michigan in 1881. The Hickox "plowed into the side of the Milwaukee," according to the shipwreck association, nearly capsizing the ship. Nearly two hours after the crash, the Milwaukee sank beneath the waters.

Persons: —, Neel Zoss, Waters Organizations: Service, Maritime, Michigan Shipwreck Research Association, Milwaukee, Northern Transportation Company, Ohio Locations: Lake Michigan, Milwaukee, Michigan, Lake Huron, Great, Chicago, Muskegon

☆ Seven-year-old girl drowns after small boat capsizes in northern France
▼ + stars: | 2024-03-03 | by ( Eve Brennan | ) edition.cnn.com time to read: +1 min

CNN —A seven-year-old girl has drowned after a boat capsized on the Aa canal in Watten, northern France, local authorities said. The small boat was carrying 16 migrants including the seven-year-old girl’s parents, whose nationality is unknown. The small boat had likely been stolen and was not designed to carry so many people, the prefecture said. The incident took place in the early hours of Sunday morning, around 30km from the English channel. A press officer told CNN that the fatal capsizing took place between two locks, an area which is “very, very dangerous.”An investigation is underway.

Organizations: CNN, Police Locations: Watten, France, France’s prefecture, country’s Nord, Dunkirk, French

Boat tours around Kinmen are still operating, though under a closer watch by Taiwan’s coast guard. Officers visit each boat before they set sail and warn captains not to stray into Chinese waters. “In the past, whenever a mainland ship crossed the median line (into Taiwan’s waters), our cannons would fire toward it without warning,” Hung said. On Monday, five Chinese coast guard ships entered prohibited or restricted waters around Kinmen, but left shortly after being warned away by Taiwan’s coast guard, according to a Taiwan minister. Last week, Chinese coast guard officers boarded a Taiwanese tour boat for inspection, an unprecedented move that startled passengers on board.

Persons: ”, Hung Ho, cheng, Hung, Mao Zedong’s, Chiang Kai, John Mees, Kinmen, ” Hung, Sam Yeh, Kuan, ” Kuan, Chang, Wu Chia, chiang Organizations: Taiwan CNN —, Residents, Mao Zedong’s Communist, Nationalist, CNN, Mao’s Communist, Taiwan, Taiwan’s Ocean Affairs Council, Tourism Association Locations: Kinmen, Taiwan, China, China’s, Beijing, It’s, Staten Island, “, Taipei, Xiamen, AFP, Taiwanese, China's Xiamen

☆ Watchdog Finds E.U. Border Agency Too Weak to Prevent Migrant Disasters at Sea
▼ + stars: | 2024-02-28 | by ( Monika Pronczuk | ) www.nytimes.com time to read: +1 min

Eight months after hundreds of migrants died in a capsizing on the Mediterranean, investigators said Wednesday that the European Union’s border agency lacks the ability to prevent future maritime disasters. watchdog office into the border agency, Frontex, was prompted by the deaths of more than 600 men, women and children who drowned off the coast of Greece last June under the eyes of dozens of officials and coast guard crews. “Frontex includes ‘coast guard’ in its name, but its current mandate and mission clearly fall short of that,” the head of the E.U. watchdog agency, Emily O’Reilly, said on Wednesday. “If Frontex has a duty to help save lives at sea, but the tools for it are lacking, then this is clearly a matter for E.U.

Persons: Emily O’Reilly, Frontex, Adriana Organizations: ”, Hellenic Coast Guard Locations: Greece, ‘

In June, the world's attention was rapt, as a submersible that escorted wealthy customers to see the sunken Titanic disappeared with five souls on board. AdvertisementIn the Mediterranean, a different horror was unfolding — a fishing trawler converted to transport migrants out of Libya capsized off the coast of Greece, claiming hundreds of lives in one of the deadliest recent incidents in the unfolding humanitarian disaster in the Mediterranean. Business Insider interviewed survivors of the sinking of the Adriana, and after several interviews adapted the experiences, photographs, and testimony of one man, a Syrian immigrant named Mohammad Lheman, into this comic. It takes you where news cameras cannot go, into the sprawling underground world of smugglers, the reckless treatment of human life, and through a harrowing ordeal in the waters of the Mediterranean that most did not survive.

Persons: Adriana, Mohammad Lheman Organizations: . Business Insider Locations: Libya, Greece, Syrian

☆ Three generations of Mexican family go missing in Acapulco hurricane
▼ + stars: | 2023-11-01 | by ( Josue Decavele | ) www.reuters.com time to read: +3 min

[1/5] Damaged boats are seen at the Yates Club, in the aftermath of Hurricane Otis, in Acapulco, Mexico, October 30, 2023. Her elder brother, a boat captain, was on a separate vessel of which there has been no sign since the hurricane, she said. The missing relatives went to the boats because they had orders from their bosses to look after them, Saravia said. Still, the number of people reported missing has been steadily ticking up, and authorities have so far given few details about the dead and injured in Acapulco. On Wednesday, the Guerrero state government said 58 people were unaccounted for since the hurricane roared in.

Persons: Hurricane Otis, Quetzalli, Maria del Rosario Saravia, Otis, Maria Hilaria Delgado, Luis Alberto Lopez, Luis Sebastian Herrera, Alejandro Marcelino Herrera, Saravia, Andres Manuel Lopez Obrador, Josue, Dave Graham, Aurora Ellis Organizations: Yates, REUTERS, Rights, Authorities, Wednesday, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Saravia, Guerrero

☆ This otherworldly image of an alien-like golden crab has won gold in Wildlife Photographer of the Year
▼ + stars: | 2023-10-12 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

This year's Wildlife Photographer of the Year Grand Title went to a picture of a very strange crab. AdvertisementAdvertisementAn image of a rare golden horseshoe crab gliding close to the sea floor has won Laurent Ballesta the grand prize at the Wildlife Photographer of the Year award. Wildlife Photographer of the Year, developed and produced by the Natural History Museum in London, selected the winning picture from about 50,000 entries. VISHNU GOPAL / Wildlife Photographer of the YearPhotographer Vishnu Gopal followed characteristic footsteps at his campsite into the Brazilian rainforest. Mike Korostelev / Wildlife Photographer of the YearMike Korostelev spent two years visiting Kosi Bay, South Africa, to ingratiate himself with the local hippopotamuses.

Persons: Laurent Ballesta, —, Kathy Moran, Vishnu Gopal, GOPAL, Mike Korostelev, ingratiate, Juan Jésus Gonzales Ahurrada, Juan Jésus Gonzales, didn't, Bertie Gregory, Weddell, Karine Aigner, Karine Organizations: Service, Wildlife, West Texas Locations: London, Pangatalan, Philippines, Bay, South Africa, USA

☆ Ukraine kits out kayaks with grenade launchers, optimized for covert military operations, report says
▼ + stars: | 2023-09-23 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Ukraine has developed a potential game-changer for its wartime defense, said an ABC News report. The Poloz-M16 kayaks were used in a successful nighttime operation last year. Ukraine: A powerhouse in military technologyThe kayaks are part of a broader campaign in Ukraine to develop unconventional solutions to counter Russia's aggression. Ukraine's Deputy Prime Minister, Mykhailo Fedorov, recently emphasized the country's potential to become a powerhouse in military technology. "We will be the strongest in military tech – that is, everything related to innovations in the military field.

Persons: Serhiy Ostashenko, Adamant, Mykhailo Fedorov, Fedorov Organizations: ABC, Service Locations: Ukraine, Wall, Silicon, Dnipro, Ukrainian, Kharkiv, Russia, Australia

☆ UBS shares the only 4 media stocks worth buying now as the cable bundle collapses, the Disney-Charter conflict gets ugly, and streaming growth slows
▼ + stars: | 2023-09-06 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Media analysts say this dispute could be the beginning of the end for the cable bundle. After a decade of steady decline, the pay TV bundle now appears to be on life support. Charter refuses to pay Disney's higher asking price for its family of networks, including ESPN, without including Disney+ and Hulu in the bundle. The cable giant also wants its customers to have a Disney-free option for a reduced price, which may also be a non-starter. Otherwise, it plans to send its pay TV customers elsewhere.

Persons: Tim Nollen, That's, Jessica Reif Ehrlich, John Hodulik, Hodulik Organizations: Disney, Media, UBS, ESPN, Hulu, Macquarie, Bank of America, Netflix, Charter Locations: imploding

☆ EU probes border agency's rescue role after migrant shipwreck killed hundreds
▼ + stars: | 2023-07-26 | by ( Gabriela Baczynska | ) www.reuters.com time to read: +3 min

SummaryCompanies Rights watchdog probes Europe's deadliest shipwreck in yearsO'Reilly to also look into EU's migration deal with TunisiaMigration politically sensitive in EU ahead of 2024 electionBRUSSELS, July 26 (Reuters) - The EU rights watchdog on Wednesday announced a probe into Europe's deadliest shipwreck in years and whether the bloc's Frontex border agency fulfilled its rescue duties when the boat sank off Greece last month killing hundreds of migrants. Islamabad said the boat was carrying over 700 people, including at least 350 Pakistanis. The Greek coastguard rescued 104 people but hundreds drowned in one of Europe's deadliest shipwrecks in recent years. Fewer than 160,000 people made it across the sea last year, according to U.N. data. O'Reilly also said she would look into a recent EU deal with Tunisia to stem migration to Europe.

Persons: O'Reilly, Emily O'Reilly, Adriana, Frontex, Gabriela Baczynska, Nick Macfie Organizations: Companies, EU, Wednesday, Greek coastguard, Thomson Locations: Tunisia, BRUSSELS, Greece, Europe, Islamabad, East, Africa, Syria, Italy, Netherlands, Poland

☆ Suspected smugglers deny charges over migrant shipwreck off Greece
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +3 min

The coast guard retrieved three more bodies on Monday, six days after the disaster, and one on Tuesday, revising the death toll to 82. The suspected smugglers, all from Egypt and aged between 20 and 40 years, appeared before a prosecutor on Tuesday to respond to charges that included manslaughter, setting up a criminal organisation, migrant smuggling and causing a shipwreck. But the exact circumstances of the vessel sinking despite the presence of the coast guard were still unclear. Kathimerini newspaper reported that survivors, who were summoned for additional testimonies over the weekend, said for the first time that the coast guard tried to tow their vessel. "It is horrible what happened and the more urgent it is that we act", von der Leyen said when asked about the shipwreck.

Persons: Ursula von der Leyen, von der Leyen, Renee Maltezou, Tassilo Hummel, Grant McCool Organizations: European Union, ERT, Reuters, Greek coastguard, coastguard, Thomson Locations: ATHENS, Greece, Libya, Italy, Egypt, Syria, Pakistan, Europe, Tobruk, Kathimerini, Brussels

☆ Tour Boat in Fatal Capsizing Was Unregulated and Had Tipped Before
▼ + stars: | 2023-06-15 | by ( Ed Shanahan | ) www.nytimes.com time to read: +1 min

After a tour boat capsized in a tunnellike cavern in western New York this week, killing a man and injuring nearly a dozen others, officials said they were investigating when the boat had last been inspected. The 300-foot canal in the dimly lit cavern, the Lockport Cave in Lockport, N.Y., is privately owned and is not a navigable body of water. As such, the narrow, flat-bottomed boat that was carrying 28 people on Monday operated in a regulatory limbo, officials said. Kathy Hochul directed her administration to “look at all possible ways to prevent future tragedies,” a spokesman said on Tuesday. But the governor’s spokesman, Matt Janiszewski, said that no state agency has jurisdiction over vessels in nonpublic, nonnavigable waterways.

Persons: Kathy Hochul, ”, Matt Janiszewski Organizations: U.S . Coast Guard, Buffalo News Locations: New York, Lockport, N.Y, U.S, Niagara Falls

☆ Greece scours shipwreck site; hundreds feared drowned in boat's hold
▼ + stars: | 2023-06-15 | by ( Stamos Prousalis | ) www.reuters.com time to read: +5 min

"When you are faced with such a situation... you need to be very careful in your actions," coast guard spokesperson Nikos Alexiou told state broadcaster ERT. Citing initial testimonies from survivors, Save the Children charity said around 100 children were believed to be in the vessel's hold. Of the 104 survivors so far transferred by the coast guard to the Greek port city of Kalamata, most were men, authorities said. The search operation will continue for as long as needed, the coast guard said. Aerial pictures released by the Greek coast guard showed dozens of people on the boat's upper and lower decks looking up, some with arms outstretched, hours before it sank.

Persons: Nikos Alexiou, Daniel Gorevan, Stelios Misinas, Nawal Soufi, Lefteris Papadimas, Renee Maltezou, Karolina Tagaris, Angelo Amante, Michele Kambas, John Stonestreet, Hugh Lawson Organizations: Rescuers, ERT, Organization for Migration, EU, Hellenic Coast Guard, REUTERS, Independent, European Union, NATO, United Nations, Thomson Locations: KALAMATA, Greece, Pylos, Italy, Europe, Kalamata, Athens, Tobruk, East, Asia, Africa, Libya, Lefteris, Rome

☆ Nigeria: More than 100 dead after wedding party as boat capsizes
▼ + stars: | 2023-06-14 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

Abuja, Nigeria CNN —More than 100 people are now confirmed dead after a boat ferrying hundreds of wedding guests overturned Monday in the river Niger around north-central Nigeria, local police said. The vessel was carrying around 250 passengers traveling back to Patigi in northcentral Kwara State after attending a wedding party in Gboti, in neighboring Niger State, when it sank early Monday, killing 106 on board, according to police. Heavy rains and floodingThe overcrowded boat capsized after hitting a tree trunk, he said of the accident which happened at around 3:00am Monday. Niger and Kwara states lay along the banks of the River Niger, West Africa’s main river, and surrounding communities remain vulnerable when it overflows. Last month, at least 15 people died after a boat capsized in northwestern Sokoto State, authorities told CNN.

Persons: Nigeria CNN —, Ajayi Okasanmi, Abdul Gana Lukpada, Patigi, ” Lukpada, ”, ” “ Organizations: Nigeria CNN, CNN, Nigerian Meteorological Agency, Police Locations: Abuja, Nigeria, Niger, northcentral Kwara State, Gboti, Niger State, Kwara, Patigi, Egboti, West, Sokoto State

Greek authorities said it was too soon to speculate on the total number. Greek authorities said it remained unclear how many the vessel was carrying when it went under, and that 104 people had been rescued by midday. We do not know how many people were in the hold," Greek coast guard spokesperson Nikos Alexiou told Greece's MEGA TV. [1/4] Rescuers transfer a migrant to an ambulance following a rescue operation after their boat capsized at open sea, in Kalamata, Greece, June 14, 2023. Italian authorities then alerted Greece to the vessel's presence, and the Greek coast guard approached it and offered help.

Persons: Kyriakos Mitsotakis, Nikos Alexiou, Greece's, Filippo Grandi, Stelios, Mitsotakis, Stamos Prousalis, Karolina Tagaris, Lefteris Papadimas, Renee Maltezou, Gabrielle Tetrault, Farber, John Stonestreet, Mark Heinrich Our Organizations: European Union, ERT, Twitter, Greece's MEGA, Refugees, REUTERS, EU, Frontex, NATO, Wednesday, United Nations, Reuters, Thomson Locations: KALAMATA, Greece, East, Asia, Africa, Turkey, Italy, Libyan, Tobruk, Crete, Europe, Kalamata, Pylos, capsizing, Egypt, Syria, Pakistan, Athens, Libya, EU, Europe's, Geneva, Reuters Libya

☆ One Dead After Boat Capsizes on Underground Cave Tour, Officials Say
▼ + stars: | 2023-06-12 | by ( Ed Shanahan | Lola Fadulu | ) www.nytimes.com time to read: +1 min

One person died and more than a dozen others had to be rescued after a tour boat capsized Monday morning while carrying passengers through an underground cavern in western New York, prompting an all-out rescue effort, officials said. Twenty-nine people were on board when the boat tipped over at the Lockport Cave in Lockport, N.Y., Luca Quagliano, Lockport’s fire chief, said at a news conference. Emergency workers rescued 16 people from the water, Chief Quagliano said; the rest were able to get to safety on their own. In addition to the person who died, eleven people were hospitalized with minor injuries after being pulled from the water, Chief Quagliano said. The city’s police and fire departments and other public safety agencies immediately began rescue efforts, officials said.

Persons: Luca Quagliano, Quagliano, capsizing Locations: New York, Lockport, N.Y, Niagara Falls

☆ Morgan Stanley CEO plans to step down within the year, sparking Wall Street succession race
▼ + stars: | 2023-05-19 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

James Gorman said Friday he plans to resign as Morgan Stanley 's CEO within the year, setting off a succession race atop one of Wall Street's dominant firms. Since taking over in 2010, Gorman has pulled off one of the more successful transformations on Wall Street. Through a series of savvy acquisitions, Morgan Stanley rebounded after nearly capsizing during the 2008 financial crisis to become a wealth management juggernaut. The bank began that journey in 2009, when Morgan Stanley purchased Smith Barney from Citigroup in the throes of the financial crisis, gaining thousands of financial advisors. Shares of Morgan Stanley have tripled during Gorman's tenure.

☆ New Zealand ships its last livestock as ban takes effect
▼ + stars: | 2023-04-21 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

WELLINGTON, April 21 (Reuters) - New Zealand's last exports of livestock by sea have been completed and live exports have ceased, its agriculture minister said on Friday, as it fully implemented a ban on export shipments of animals on the grounds of their welfare. Live exports by sea have contributed about 0.32% of New Zealand’s primary sector export revenue, which includes farming and mining, since 2015. The total value of live animal exports in 2022 was NZ$524 million ($322.78 million). New Zealand said in 2020 it was reviewing live exports when it introduced interim measures following the capsizing of a ship bound for China that killed nearly 6,000 cows and 41 of the 43 crew members. ($1 = 1.6234 New Zealand dollars)Reporting by Lucy Craymer; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

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