Caribbean Sea News
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Xylem Inc., whose pumps helped clean New York tunnels of floodwaters after Hurricane Sandy, won a contract for marine-monitoring buoys to collect data for researchers studying climate change in the Caribbean Sea.
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Hurricane Rina developed today in the western Caribbean Sea and will probably strengthen further as it moves to the northwest, the U.S. National Hurricane Center said in a special advisory at 2 p.m. East Coast time.
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A weather system in the eastern Caribbean Sea has a 10 percent chance of becoming a tropical cyclone, according to the National Hurricane Center in Miami.
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Colombia’s Ecopetrol SA will team with Anadarko Petroleum Corp., the second-largest U.S. independent oil and natural-gas producer by market value, to search for oil deposits in the Caribbean Sea.
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Tropical Storm Ernesto, the fifth named system of the Atlantic season, moved past St. Lucia into the eastern Caribbean, the National Hurricane Center said.
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The Standard & Poor’s GSCI gauge of 24 commodities fell 0.5 percent to 670.51 4:28 p.m. in New York. The UBS Bloomberg CMCI index of 26 raw materials was little changed at 1,594.523.
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Tropical Storm Isaac, the ninth named storm of the Atlantic hurricane season, was heading toward the Lesser Antilles and is forecast to emerge over the eastern Caribbean Sea within two days.
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The Standard & Poor’s GSCI gauge of 24 commodities was little changed at 674.05 by 5:11 p.m. in London. The UBS Bloomberg CMCI index of 26 raw materials was little changed at 1,597.7223.
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A weather system nearing the southeastern Caribbean has a 90 percent chance of strengthening into a tropical depression, the National Hurricane Center said.
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Tropical Storm Isaac moved into the Caribbean Sea and may become a hurricane as early as today as it travels west on a path watched by commodity markets and those preparing for the Republican National Convention.
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