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More than 20 people are arrested in a cocaine-smuggling investigation between Brazil and Italy

Posted to Maritime Reporter on December 10, 2024

Brazilian and Italian authorities announced that they had launched two joint operations Tuesday to dismantle a transnational conspiracy to transport cocaine using cargo ships or planes from South America to Europe. In Brazil, 18 arrest warrants…

Louis Dreyfus opens new sugar transshipment facility in Brazil

Posted to Maritime Reporter on November 19, 2024

The agricultural firm Louis Dreyfus announced on Tuesday the construction of a new transshipment sugar terminal in Brazil's Sao Paulo State, which is expected to be finished by mid-2025. Executives from the company claim that the new terminal…

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on October 30, 2024

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Paris-based investment firm CIAM announced on Tuesday that it would appeal directly to France's financial regulator AMF, urging a public offering of Vivendi stock.

KKR-backed Malaysian OMS signss contract with Dutch firm for cable-laying vessel

Posted to Maritime Reporter on October 28, 2024

OMS Group, a KKR backed Malaysian digital subsea infrastructure company, announced on Monday that it had signed a contract for the construction of a number of cable-laying ships with Dutch maritime firm Royal IHC. OMS stated in a press release…

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…

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.

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.

First America's Cup for Women aims to bridge the experience gap

Posted to Maritime Reporter on October 5, 2024

The 12 women who will be sailing the AC75s this weekend in the first Women's America's Cup have never sailed the AC75s that their male counterparts use. They aim to fix that by the next America's Cup by showing off their racing abilities in…

First America's Cup women's aims to bridge the experience gap

Posted to Maritime Reporter on October 5, 2024

The 12 women who will be sailing the AC75s this weekend in the first Women's America's Cup have never sailed the AC75s that their male counterparts use. They aim to change that by the time of the next America's Cup by showing off their racing…

In September, ARA's gasoline exports to West Africa reached a multi-year low.

Posted to Maritime Reporter on October 3, 2024

The Belgian law that restricts the export of low-quality fuels, and financial constraints on the part of Nigerian importers are making it difficult for buyers in Northwest Europe to sell gasoline to West Africa. They will have to look at other…

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…

EU approves 682 million euros in Belgian state subsidies to support offshore wind energy

Posted to Maritime Reporter on September 13, 2024

The European Commission announced that EU regulators had approved a Belgian scheme of state aid worth 682 million euros ($756.54 millions) to support renewable energy offshore wind. The commission stated that the measure would support the construction…

After power outage, VTTI oil terminal Rotterdam returns to normal operations

Posted to Maritime Reporter on September 3, 2024

VTTI’s oil storage facility in the Europoort region of the Port of Rotterdam is back to normal after a power failure at the port impacted it for a few hour earlier on Tuesday. Sources close to the issue said that the Service Terminal Rotterdam…

Electricity grid operator: power outage in Rotterdam area has been resolved

Posted to Maritime Reporter on September 3, 2024

The Netherlands' electricity grid operator TenneT reported that a power outage at the Rotterdam Port area affected the major petrochemical industries located there on Tuesday morning for several hours. However, the problem was resolved shortly after 1000 GMT.

REVIEW-Olympics-Sailing-Change of the guard as Dutch dominate wind and water

Posted to Maritime Reporter on August 11, 2024

The wind or lack thereof was a challenge for Olympic sailors, officials, and broadcasters. However, the tight racing led to a change in the sailing world as foiling became a standard. The Netherlands won two golds, two bronzes, and Italy and Austria each took two golds.

REVIEW-Olympics-Change of the guard as Dutch dominate wind and water

Posted to Maritime Reporter on August 10, 2024

The wind or lack thereof was a challenge for Olympic sailors, officials, and broadcasters. However, the tight racing brought about a change in the sailing world as foiling became a standard. The Netherlands led the way with two golds, followed by Italy…

Olympics-Mediterranean weather tests wind gurus in heat of Games

Posted to Maritime Reporter on August 8, 2024

Simon Rowell, a British meteorologist perched high above the Bay of Marseille in an area where he can see the Olympic Games from a vantage point, has been trying to provide Britain's sailors with an advantage for much of the Olympic Games. Rowell…

Olympics-Sailing-Wind writes script for finely poised finales

Posted to Maritime Reporter on August 6, 2024

The finals of three Olympic sailing races will be tense due to the Mediterranean wind. Both the women's and men's medal race in the dinghy class have been pushed to Wednesday when the officials also hope to finish the mixed multihulls and dinghies. On Tuesday some racing was possible.

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