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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.

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.

Quad group increases maritime security cooperation during Biden's Farewell Summit

Posted to Maritime Reporter on September 21, 2024

As outgoing U.S. president Joe Biden hosted his counterparts from the Quad, which was formed due to shared concerns regarding China, the leaders of Australia, India and Japan expanded their joint security measures in Asia's richly traded waters.

China condemns German Navy's transit through Taiwan Strait

Posted to Maritime Reporter on September 14, 2024

China's military condemned Saturday the transit of two German Navy ships through the Taiwan Strait, saying that it increased security risk and sent the "wrong signal". Chinese forces also monitored and warned vessels. China, which claims democratically-governed Taiwan as its territory…

Data shows that Russia increased LPG rail exports from China to Russia by 40% between January and August.

Posted to Maritime Reporter on September 12, 2024

Calculations based on data and industry sources showed that Russian rail exports of liquefied gas to China increased by almost 40% in the period January to August, to 184,000 tons. Russian Railways imposed restrictions to ease bottlenecks in May and early June…

Australia performs first maintenance on US nuclear submarine

Posted to Maritime Reporter on August 23, 2024

The defence ministers from Australia, Britain, and the United States announced that a U.S. nuclear-powered sub will undergo maintenance for the first-time in Australia on Friday. This is a crucial step taken by AUKUS partner countries to deter aggressive behavior in the Indo-Pacific.

OBITUARY - Mike Lynch, British tech pioneer who died at sea following US trial acquittal

Posted to Maritime Reporter on August 22, 2024

Mike Lynch, a tech tycoon, who drowned when his luxury yacht capsized off Sicily spent over a decade creating Britain's largest software company. He also fought for almost the same amount of time against charges that he inflated its value to get a multibillion-pound deal.

Scholz Promises State Support to Secure Future of Historic Meyer Werft Shipyard

Posted to Maritime Reporter on August 22, 2024

On Thursday, during a trip to Meyer Werft to meet with workers, Olaf Scholz, the German Chancellor, assured them that the German government was working on a deal for the shipyard, which is 229 years old and is one of the largest cruise ship builders in the world.Scholz…

Sources say that Germany is planning to take a majority stake in the troubled cruise shipbuilder.

Posted to Maritime Reporter on August 22, 2024

Sources familiar with the situation said on Thursday that the German government intends to buy a majority stake in Meyer Werft - one of the top cruise ship builders in the world - as part of its support for the company. Sources said that Chancellor Olaf Scholz…

German warships wait for orders to cross the disputed Taiwan Strait

Posted to Maritime Reporter on August 19, 2024

Their commander stated that two German warships are waiting for orders from Berlin to determine if they will be the only German naval vessels to have passed through the disputed Taiwan Strait in decades next month, at the risk to escalation tensions with Beijing.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 11, 2024

In a thrilling women's basketball match against France, the United States won the final gold medal of the Games and pushed them to the top of the medal table ahead of China. After a successful Games in France that helped revive the Olympic brand…

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 10, 2024

The United States won a gold medal in basketball and a silver in table tennis, while China took home a number of golds in diving, weightlifting, and table tennis. The top two medal tables are still in play for the dominant sports nations on the final day of the Games. U.S.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 9, 2024

In the women's middleweight boxing, an Algerian at the center of a gender equality dispute was cheered on by a crowd. The U.S. edged ahead of China on the medal table and made its Olympic debut. France suffered a heartbreaking loss in the final men's soccer match.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 9, 2024

China won the Olympic table tennis team title for men on Friday. France was hoping for gold and Algerian boxer Imane Khhelif was preparing to compete for gold. There are 35 gold medals to be won on Friday, including in the sports of athletics, boxing and cycling track.

Olympics-Canoeing-Germany's Schopf upgrades to gold in perfect Paris race

Posted to Maritime Reporter on August 9, 2024

Jacob Schopf, a German who missed out on the gold medal in Tokyo by just a fraction of second, finally won the double 500m men's race on Friday with Max Lemke. The two were recently paired up and proved to be a perfect match. Their strong strokes…

British Airways will stop flights to Beijing on October 26

Posted to Maritime Reporter on August 8, 2024

British Airways announced on Thursday that it would stop flights from October 26 to November 2025. It did not elaborate on why. IAG-owned carrier will continue to fly daily between Shanghai and Hong Kong. The Russian airspace is now off limits to European and British airlines…

Olympics-Canoeing-Carrington leads New Zealand four to kayak gold

Posted to Maritime Reporter on August 8, 2024

Lisa Carrington, from New Zealand, led the women's four-person kayak crew to victory at the Vaires sur Marne Nautical stadium on Thursday. She now has six Olympic golds to her name and one bronze. Germany was second, and Hungary came third, but the Kiwis were the winners…

Olympics-Canoeing-"GOAT in the boat" Carrington wins again as canoe sprint kicks off

Posted to Maritime Reporter on August 6, 2024

PARIS, August 6-8 - New Zealand’s five-time Olympic champion Lisa Carrington won the first race but Denmark's Emma Jorgensen (world champion) and Frederikke Mathiesen (world champion) were eliminated as the canoe sprint races got underway at Vaires-sur-Marne Nautical Stadium Tuesday.

Olympics-Badminton-China's Huang leaves Paris with a gold medal and a diamond ring

Posted to Maritime Reporter on August 2, 2024

Huang Yaqiong, the Chinese gold medalist in mixed doubles, had just left the podium at the Paris Olympics when Liu Yuchen - the silver medalist from Tokyo for men's duals - got down to one knee. Huang, with her partner Zheng Siwei, defeated…

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…

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