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The first cargo to be shipped from Mexico's Altamira Liquefied natural gas facility is for domestic consumption

Posted to Maritime Reporter on August 2, 2024

New Fortress Energy, a U.S.-based energy company, plans to ship the first LNG cargo to a Mexican port this month. The gas will be used to generate electricity. After long delays, the LNG plant located at Altamira off Mexico's Atlantic Coast…

Olympics-Sailing-Spain sail to men's skiff gold after Dutch women survive scare to triumph

Posted to Maritime Reporter on August 2, 2024

Spain's Diego Botin, along with Florian Trettel won the Olympic gold medal in men's sailing skiff on Friday. The Netherlands' Odile Van Aanholt, and Annette Duetz took the overall win for the women's race despite an error made under pressure.

After medal winning, France's "Mama team" duo receives marriage proposals

Posted to Maritime Reporter on August 2, 2024

When Sarah Steyaert, a French woman skiff sailor and Charline Pichon returned to shore after winning Olympic Bronze on Friday their partners proposed. Steyaert & Picon were both "oui", as their partners said, while they shared an emotional moment with their families at a nearby bar.

The British lightweight pair's Olympic-Tokyo suffering is transformed into Paris glory

Posted to Maritime Reporter on August 2, 2024

Imogen Grant, Emily Craig and the British pair in lightweight sculls were able to wash away the agony they felt after missing the podium in Tokyo by a hundredth of a sec on Friday when they took home the gold in dominant style. It was a sweet victory…

Olympics: Irish eyes in Paris smile as O'Donovan repeats it

Posted to Maritime Reporter on August 2, 2024

Ireland's Paul O'Donovan won the lightweight men's sculls for the second time in a single Games, thrilling the thousands of supporters in green who came to watch him create Olympic history for his country. O'Donovan, who won silver with his brother Gary in Rio in 2016…

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 2, 2024

The Olympics begin on Friday with the start of athletics. Home crowd favorite Leon Marchand will be aiming for his fourth gold at the Paris Games, and French judo legend Teddy Riner is chasing a fourth Olympic medal. Olympic champions in the…

Olympics-Rowing-Croatia celebrate, Irish dominate, Brits find redemption at Olympic regatta

Posted to Maritime Reporter on August 2, 2024

Valent Sinkovic, 36, celebrated his birthday by winning another gold in the men's pairs. Paul O'Donovan & Fintan Mccarthy of Ireland also won a convincing victory at the Paris Games as they closed out the era of lightweight sculls. Sinkovic…

Financial Times - Aug 2

Posted to Maritime Reporter on August 1, 2024

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. After a lengthy investigation into accusations of corruption by UK listed commodity trader Glencore in Africa…

Olympics-Sailing-Wilson and Morris guarantee Britain and Australia medals in windsurfing finals

Posted to Maritime Reporter on August 1, 2024

The women's final of windsurfing and the men's final were held on Thursday. Emma Wilson from Britain and Grae Moriss, an Australian, both secured Olympic medals. However the sailing medal race was postponed because two attempts to decide the men's skiff were abandoned.

Olmypics-Canoeing-Stunned De Gennaro says wait for gold longest 10 minutes of life

Posted to Maritime Reporter on August 1, 2024

Giovanni De Gennaro’s gold medal win in the single kayak slalom finale on Thursday brought an end to three years of suffering for the Italian. He had finished 15th at Tokyo, a performance that fueled his success in Paris. De Gennaro, who was the last racer on the course…

Fincantieri to get Italy's chief auditor of state as its chairman

Posted to Maritime Reporter on August 1, 2024

A company announcement said that the board of Fincantieri, Italy's state-owned shipbuilder, selected Biagio Mzzotta as its chairman. He is currently head of Italy's state audits, which reports to Italy’s Economy Ministry. Mazzotta replaces Claudio Graziano who passed away in June.

Telecom Italia CEO is confident about submarine units and tower stake sales

Posted to Maritime Reporter on August 1, 2024

Pietro Labriola, the chief executive of Telecom Italia (TIM), expressed his confidence in the sale of Sparkle, the company that owns the submarine cables unit and TIM’s remaining interest in INWIT, the telecom towers firm. TIM wants to earn around one billion euro ($1.1 billion)…

Ukraine economy minister visits Turkey to discuss free trade deal

Posted to Maritime Reporter on August 1, 2024

Svyrydenko, the Ukrainian Minister of Economy, arrived in Turkey on Thursday to discuss the ratification and strengthening economic co-operation with Ankara. Svyrydenko, a member of the X social network, said that the meeting also included expanding…

Russia continues to maintain its grain harvest forecast in spite of bad weather

Posted to Maritime Reporter on August 1, 2024

Dmitry Patrushev who is responsible for the agricultural sector, a deputy prime minister, confirmed that Russia's official grain crop forecast was 132 millions metric tons this year despite poor weather in many regions. The extreme weather conditions…

Huntington Ingalls, a US Navy shipbuilder, beats expectations in the second quarter

Posted to Maritime Reporter on August 1, 2024

Huntington Ingalls reported Thursday better than expected second-quarter earnings, due to increased global tensions driving up demand for amphibious assault vessels, submarines, and aircraft carriers. Virginia-based firm reported profit per share of $4.38 for the three months ended 30 June…

Olympic Rowing-New Zealand's sculls lead the rowing gold rush in Paris Games

Posted to Maritime Reporter on August 1, 2024

New Zealand, Romania and Netherlands won all the gold medals as the Olympic double sculls & fours competitions attained their climax in Paris on Thursday morning, after a thrilling race at Vaires-sur-Marnes Nautical Stadium. The Kiwi team of Brooke Francis…

Olympics: Swedish athlete hopes to win gold with lucky flag manicure

Posted to Maritime Reporter on August 1, 2024

Vilma Böbeck, a Swedish skiff sailer who has a longstanding tradition of matching the color of her nails with the kite sail's colour will hope that this ritual will bring the team Olympic Gold on Thursday. Bobeck, the Swedish woman's skiff's skipper…

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

Posted to Maritime Reporter on August 1, 2024

ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…

Olympic-Skiff Medal Race a Bonus for NZ’s Aleh and Meech

Posted to Maritime Reporter on August 1, 2024

New Zealanders Jo Aleh, left, and Molly Meech were about to celebrate their final sail when an official informed them that they were in the medal race for the women's sailing skiff. Meech, 31 said, "We thought it would be our last sailing in the 49er FX.

Canadian warship crosses Taiwan Strait and draws China's anger

Posted to Maritime Reporter on July 31, 2024

The Chinese rebuked Ottawa for the exercise, saying it undermined the peace. The Canadian defense ministry announced that the HMCS Montreal had recently conducted a routine passage through the strait. According to the minister of defence, this…

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