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Markert's death is a shock to the Olympic community

Posted to Maritime Reporter on March 19, 2025

PYLOS (GREECE), March 19, 2019 - On Wednesday, the Olympic community paid tributes to World Sailing Vice-President Line Markert after she, her partner and their son died in a plane accident in Switzerland. Thomas Bach, President of the International Olympic Committee (IOC)…

US strikes Houthi leaders' hideouts in Yemen, Yemeni sources claim

Posted to Maritime Reporter on March 19, 2025

Houthi media reported that the U.S. conducted airstrikes overnight on multiple targets in Yemen, including Saada Province, which Yemeni officials say has been a hideout for Houthi leadership for many years, and Hodeidah port city on the Red Sea.

Wheat drops in Black Sea expectations, corn falls on US planting prospects

Posted to Maritime Reporter on March 19, 2025

Chicago wheat fell on Wednesday after the top grain exporter, Russia, agreed to temporarily stop attacking energy installations in rival supplier Ukraine. However it refused to endorse a complete ceasefire. The corn market fell again, mainly…

The euro is still strong, and it weighs down on EU wheat as Trump-Putin's call is monitored

Posted to Maritime Reporter on March 18, 2025

The benchmark wheat price on Euronext dropped on Tuesday. This was due to the continued strength of the euro, and a more subdued market in Chicago. Traders were watching U.S.-Russian negotiations aimed at a ceasefire agreement in Ukraine. Euronext's…

Parents of missing Pittsburgh student in Caribbean seek death certificates

Posted to Maritime Reporter on March 18, 2025

According to a letter from a police source released on Monday, the parents of an Indian student who attended a U.S. college and went missing from a popular Dominican Republic tourist resort earlier this month have asked for police to declare their child legally dead. The investigation remains open.

Bangladeshi traders claim that Bangladesh will buy 50,000 T of rice at the March 11th tender.

Posted to Maritime Reporter on March 18, 2025

According to traders, Bangladesh's state grain buyer will have to purchase about 50,000 metric tonnes of rice from India as part of an international tender that closed on March 11. The lowest bid in the tender was $429.55 per ton CIF liner.

What is Crimea?

Posted to Maritime Reporter on March 18, 2025

The Crimean Peninsula, which Russia took from Ukraine in 2014., is the focal point of the most serious East-West conflict since the Cold War. It was widely believed that the fate of Crimea, and four provinces in which Russia has taken territory since it invaded Ukraine in 2022…

VTB CEO: Deal between VTB and Rosneft over Zvezda Shipyard dead

Posted to Maritime Reporter on March 18, 2025

VTB CEO Andrei Kostin announced on Tuesday that the deal for VTB to buy the Zvezda Shipbuilding Yard from Rosneft has fallen through because VTB-owned United Shipbuilding Corporation cannot finance the purchase. VTB currently runs USC, Russia’s largest shipbuilder.

Cyprus recovers seven dead bodies after a migrant boat capsizes

Posted to Maritime Reporter on March 17, 2025

Cyprus's national broadcaster reported that seven bodies were recovered from the sea off Cyprus after authorities launched a search-and-rescue operation in response to a capsize of a boat containing migrants. The broadcaster reported that an unspecified number were believed to have gone missing.

Oil prices rise on US attacks on Houthis and China's economic hopes

Posted to Maritime Reporter on March 17, 2025

The oil prices rose on Monday as the United States pledged to continue attacking the Houthis in Yemen until they stop their attacks on shipping. Meanwhile, Chinese economic data fueled hopes of higher demand. Donald Trump, the President of the United States…

US builds submarine presence along strategic Australian coasts under AUKUS

Posted to Maritime Reporter on March 16, 2025

Sonar operators in the control room on the American Virginia-class attack submarine USS Minnesota off the coast of Western Australia adjust to the chattering of dolphins. This is a new area where U.S. subs will be increasing their presence.

New Zealand leads SailGP Los Angeles on the first day

Posted to Maritime Reporter on March 15, 2025

Peter Burling, the skipper of New Zealand's SailGP team, took two victories out of four races in the sunny and breezy conditions of Los Angeles Harbour on Saturday. New Zealand, which won the first race in Dubai, took the top spot on the final day with 31 points.

Thyssenkrupp moves forward with spin-off warship division

Posted to Maritime Reporter on March 14, 2025

Thyssenkrupp said it is pursuing a plan to spin off a minority stake of its warship division. The newly created holding will be listed at the Frankfurt Stock Exchange. The company said it was in talks with the German Government about a possible…

South Korea's MFG purchases about 69,000 t corn, traders claim

Posted to Maritime Reporter on March 14, 2025

European traders reported that the Major Feedmill Group of South Korea (MFG) bought approximately 69,000 metric tonnes of animal feed corn from South America or South Africa at a Friday international tender. A consignment of a shipment was purchased at a cost and freight rate (c&f)…

China Shipowners Group says US Port Fee Proposal Breaks WTO Rules, US Law

Posted to Maritime Reporter on March 13, 2025

According to a Thursday statement, the China Shipowners' Association is against a U.S. proposal that would impose hefty entry fees at ports on ocean cargo carriers who own vessels or have ordered them from China. The association says it violates both international laws and U.S. law.

Source: Argentina will tender 5-6 LNG cargoes next week to be used in winter.

Posted to Maritime Reporter on March 13, 2025

Next week, Argentina will begin a process to tender for 5-6 LNG cargoes to meet the gas demand in the coming winter of southern hemisphere. The bid process for five or six shipments will begin on March 17. Source: "The plan is to receive bids during the week of the 25th," said the source.

Tunisia purchases soft wheat worth 100,000 tonnes, traders claim

Posted to Maritime Reporter on March 13, 2025

European traders reported that Tunisia's grain agency purchased approximately 100,000 metric tonnes of soft wheat at an international tender held on Thursday. Traders said that the lowest price for 25,000 tons of 25,000 tonnes sold by Casillo was $268.67 per ton, including cost and freight.

Jordanian traders claim that the country will buy up to 120,00 metric tons of feed barley.

Posted to Maritime Reporter on March 13, 2025

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price proposals in the tender is on March 19. Traders…

DP World's outlook is uncertain after a 28% drop in annual profits

Posted to Maritime Reporter on March 13, 2025

DP World, a Dubai owned ports and logistics firm, reported a 28% decline in annual profits on Thursday, citing increased finance costs. The company also highlighted an uncertain outlook because of "geopolitical risk" and a changing global trade landscape.

South Korea's KFA purchased 65,000 T of corn, traders claim

Posted to Maritime Reporter on March 13, 2025

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed grain from worldwide sources in a private transaction late on Wednesday night without holding an international tender. The…

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