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New Zealand's Sailing-Nifty New Zealand wins the opening America's Cup race.

Posted to Maritime Reporter on October 12, 2024

New Zealand defeated Britain in the first race of the America's Cup, on Saturday. The holders built on an early advantage after storming across to start slightly before their challengers. New Zealand now leads the first-to-7 contest 1-0. Peter Burling…

Fire extinguished on oil tanker safely moored in northern German port

Posted to Maritime Reporter on October 12, 2024

The city of Rostock said that maritime rescue services and firefighter in Germany's Baltic Sea extinguished an oil tanker fire and brought it safely into its port. The ship is safely moored...there's no fire. "The tanker was dragged in Rostock's overseas port early this morning…

Sailing-Britain will face Italy in the final of the first America's Cup women

Posted to Maritime Reporter on October 11, 2024

Italy and Britain qualified on Friday for the first America's Cup women's event, beating four other teams after a tight semi-final match. The sun was setting over Barcelona as the race to reduce the six boats to just two came down to the last minute.

Italy will face Britain in the first America's Cup women's cup

Posted to Maritime Reporter on October 11, 2024

After a close semi-final, Italy and Britain qualified on Friday for the inaugural America's Cup women's event. The sun was setting over Barcelona as the six-boat fleet battled it out to be the last two. The black-sailed AC40 monohulls were lifted…

Officials say that Ukraine's grain exports in 2024/25 will fall to 40 million tonnes due to a smaller crop.

Posted to Maritime Reporter on October 11, 2024

The first deputy minister of agriculture Taras Vysotskiy stated on Friday that Ukraine's grain exports in 2024/25 are expected to drop to 40 million metric tonnes from nearly 51 million tons in the previous year due to a smaller crop. Vysotskiy…

Officials say that Ukraine's grain exports in 2024/25 will fall to 40 million tonnes due to a smaller crop.

Posted to Maritime Reporter on October 11, 2024

The first deputy minister of agriculture Taras Vysotskiy stated on Friday that Ukraine's grain exports in 2024/25 are expected to drop to 40 million metric tonnes from nearly 51 million tons in the previous year due to a smaller crop. Vysotskiy…

British 18-year old sets sights on America's Cup

Posted to Maritime Reporter on October 10, 2024

Kai Hockley is the youngest member on the British America's Cup sailing squad. He may be only 18 years old, but as the team's first intern, he's determined to make it to the top of the sport. Hockley began his journey to Barcelona in north London…

The Spanish weatherman plotting Britain’s path to glory

Posted to Maritime Reporter on October 10, 2024

The bid by Britain to win the America's Cup, the first in the 173-year-old history of the event, has not been cheap. But all the latest technology would be useless without an age-old skill: meteorology. One of the key players of the world class…

Market sources claim that Russian strikes on Ukraine’s ports have increased insurance rates.

Posted to Maritime Reporter on October 10, 2024

Insurance sources and a broker reported on Thursday that a series of Russian missile attacks on Ukrainian Black Sea port infrastructure, as well as commercial vessels, has caused a spike in insurance rates and forced some shipowners cancel bookings.

Market sources claim that Russian strikes on Ukraine’s ports have increased insurance rates.

Posted to Maritime Reporter on October 10, 2024

Insurance sources and a broker reported on Thursday that a series of Russian missile attacks on Ukrainian Black Sea port infrastructure, as well as commercial vessels, has caused a spike in insurance rates and forced some shipowners cancel bookings.

EU wheat prices ease after weather and demand rally

Posted to Maritime Reporter on October 9, 2024

The European Wheat Futures closed slightly lower on Tuesday as technical resistance and the competition from Black Sea wheat supplies offset a rally fueled by weather risks and demand by importers. The December wheat price on Paris' Euronext…

Citi is optimistic about the strong growth indicators.

Posted to Maritime Reporter on October 9, 2024

The shares of U.S. Cruise Operators, including Norwegian Cruise Line Holdings surged during the midday session on Wednesday, as brokerage Citi becomes bullish about the long-term prospects for these companies. Norwegian Cruise shares rose as…

New Zealand to prepare for "trigger pull" in America's Cup Duel with Britain

Posted to Maritime Reporter on October 9, 2024

New Zealand has been analysing Ben Ainslie's race patterns, honed their technique, and made subtle final adjustments to their AC75 sails and foils as the America's Cup holder prepares for the British challenge. Grant Dalton, CEO of the New Zealand team…

Euronext Wheat steady as weather, exports and trade weigh

Posted to Maritime Reporter on October 8, 2024

The price of European wheat edged up on Tuesday, as weather risks in Russia coupled with an attack on a grain terminal in Ukraine offset the pressures from export competition. December wheat traded on Paris' Euronext closed 0.5% higher at 229.75 Euros ($252.17) per metric ton…

Trade sources claim that Trader Vitol is selling Venezuelan oil to Indian refiners.

Posted to Maritime Reporter on October 8, 2024

Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.

Sailing-Swedish Women dominate America's Cup Group to Book Semi-Final Berth

Posted to Maritime Reporter on October 8, 2024

The Netherlands and Spanish teams qualified for the semi-finals of the America's Cup event on Tuesday after a dominant performance by Sweden in their group. The Swedish crew, which has had more time to practice with the AC40 foiling boat than other teams…

Swedish women win America's Cup Group to secure semi-final berth

Posted to Maritime Reporter on October 8, 2024

The Dutch and Spanish teams qualified for the semifinals in the testing conditions near Barcelona, as well. The Swedish crew, which has had more time to practice with the AC40 foiling boat than other teams, set the pace in a Mediterranean breeze that was shifting.

Boardman: Sport must play a role in the fight against climate changes

Posted to Maritime Reporter on October 8, 2024

Sport England Chairman Chris Boardman stated on Tuesday that sports clubs and organizations must step up their game to become leaders in the fight against catastrophic climate change. Boardman, a former Olympic gold medalist in cycling, opened…

Britain's 'once-in-a lifetime' America Cup bid is boosted by royal support

Posted to Maritime Reporter on October 7, 2024

Ben Ainslie, the skipper of the British team, said that the opportunity for Britain to win the America's Cup was a "once in a lifetime" event. The team will give it their all when they face New Zealand. A long-time supporter of the team, Britain's Princess Diana…

Women's America's Cup debuts with a tussle for the top.

Posted to Maritime Reporter on October 6, 2024

This weekend, sailors celebrated the first America's Cup women's race with tight races and some spectacular slash downs in challenging Mediterranean weather conditions off Barcelona. The America's Cup was dominated by males for its entire 173 year history.

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