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Italy wins Youth America's Cup at Barcelona

Posted to Maritime Reporter on September 26, 2024

Italy won the Youth America's Cup Thursday, with a convincing victory over the United States. The final was held on the Mediterranean Sea near Barcelona. This is the first of two regattas that will precede the America's Cup in October when New Zealand…

Britain announces new Russia shipping sanctions

Posted to Maritime Reporter on September 26, 2024

The UK announced on Thursday that it has sanctioned two shipping companies and five ships under its Russian sanctions regime. In the first week of this month, Britain sanctioned 10 more ships from Russia's "shadow fleet", a group of vessels…

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on September 26, 2024

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. After intense discussions on Wednesday at the United Nations, the United States and France along with several other allies…

Financial Times - Sept 26

Posted to Maritime Reporter on September 25, 2024

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Keir starmer will travel to Brussels next week, where he will meet Ursula von der Leyen of the European Commission…

Haiti PM: Nation far from winning gang warfare as UN deadline looms

Posted to Maritime Reporter on September 25, 2024

Haitian Prime Minister Garry Conille stated on Wednesday that the Caribbean nation is still far from winning its battle against armed groups who control the majority of the capital. A deadline set by the United Nations for the long-delayed assistance fast approaches.

Euronext Wheat Firm as Weather and Exports Weigh

Posted to Maritime Reporter on September 25, 2024

Euronext Wheat Futures edged up on Wednesday, as the dry weather in Russia and Ukraine is hindering sowing. This has raised early concerns over next year's harvest. However, brisk Black Sea exports kept prices under control. Euronext's December wheat was trading at 220.50 euro ($245.70)…

EU wheat prices ease after rally, as Black Sea supplies assessed

Posted to Maritime Reporter on September 24, 2024

Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.

Yemen Vice President: New strategy required to contain Houthis

Posted to Maritime Reporter on September 24, 2024

Yemen's Vice-President stated on Tuesday that the escalation of Middle East hostilities has made it more urgent for regional and global stakeholders to develop a new strategy in order to contain the increasingly well armed Houthi rebels who are backed by Iran.

EU wheat prices pause after rally, Black Sea supply is assessed

Posted to Maritime Reporter on September 24, 2024

Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.

North Korea's sister claims that the US is increasing its nuclear submarine threats

Posted to Maritime Reporter on September 24, 2024

Kim Yo Jong - the powerful sister to North Korean leader Kim Jong Un - has criticised the presence in Busan of a U.S. submarine, according to state media KCNA. Kim said it was a sign of U.S. desire to "show off its nuclear strategic assets and increase threats", as reported by KCNA.

Military: At least 30 bodies decomposing found on boat near Senegal

Posted to Maritime Reporter on September 23, 2024

The military reported on Monday that at least 30 bodies in decomposition were discovered in a boat floating 70 km (38 miles) off Dakar's coast, the capital of Senegal. In a military statement, it was revealed that the navy had been informed…

US-based groups advise Australian and European opponents of offshore wind in Australia

Posted to Maritime Reporter on September 23, 2024

Bill Thompson was fighting offshore wind farms in the small state of Rhode Island, where he lives. He is now part of a worldwide movement. Thompson, the director of Green Oceans and activist for offshore wind, received an email in April from another group that was also against offshore wind…

Orange cuts 35 jobs in its Video Services Unit in France

Posted to Maritime Reporter on September 20, 2024

Orange, the French telecom operator, announced on Friday that it will cut 35 jobs at its Viaccess-Orca subsidiary in France as part of a restructuring plan. Orange launched its new strategic plan, "Lead The Future", last year. It was the first one under the leadership of CEO Christel Heydemann.

EU wheat prices rise after a 2-week low, with Black Sea supplies in focus

Posted to Maritime Reporter on September 20, 2024

Euronext wheat prices stabilized on Friday, after falling to a two-week-low in the previous session. A reduced estimate of Ukrainian sowings and reports of a strike at Odesa Port shifted attention to weather and war risk to Black Sea export supplies.

Euronext Wheat slips once again as export competition looms over the market

Posted to Maritime Reporter on September 19, 2024

Euronext Wheat's fall to a 2-week low continued on Thursday as Black Sea exports continue to pressurize prices. However, global weather concerns are tempered by the rain forecast in Brazil and the U.S. The December wheat price on Paris' Euronext…

Italy wins over US to book America's Cup final berth.

Posted to Maritime Reporter on September 19, 2024

Italy will face Britain for the America's Cup final after a convincing victory over the U.S. semifinalists on Thursday. After the British crew defeated Switzerland in Barcelona, the Italians beat the United States in the semi-finals of the Louis Vuitton Cup first-to-five.

Euronext Wheat prices fall as competition from cheaper wheats weighs.

Posted to Maritime Reporter on September 18, 2024

Euronext Wheat eased on Wednesday for the third consecutive day as traders observed that a recent rally of futures had widened a price difference compared to cheaper Black Sea Export Supplies. The grain markets were also encouraged to consolidate…

Britain defeats Swiss in America's Cup final

Posted to Maritime Reporter on September 18, 2024

Britain won a 5-2 victory over Switzerland on Wednesday in the America's Cup Challenger Series to earn a spot in the Louis Vuitton Cup Final in Barcelona. In the other semifinal, the United States maintained their hopes with a vital win over…

German woman killed by shark off Canary Islands

Posted to Maritime Reporter on September 18, 2024

On Wednesday, a German woman was killed by a shark after being attacked while swimming alongside her catamaran between Spain's Canary Islands & West Africa. The 30-year-old woman was traveling on a catamaran which had left Gran Canaria Island on September 14.

EU wheat eases up further as Black Sea competition returns to focus

Posted to Maritime Reporter on September 17, 2024

Euronext wheat declined for a second consecutive day on Tuesday, in line with Chicago. Concerns over the escalation of Russia's conflict with Ukraine have subsided as traders return to the export competition due to cheaper Black Sea products.

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