Posted to Maritime Reporter
on
May 6, 2025
Malta's government announced on Tuesday that it will carry out repairs on an aid ship in international waters after the vessel was reportedly attacked by two drones on Friday morning. The Freedom Flotilla Coalition is an international NGO that operates the "Conscience".
Posted to Maritime Reporter
on
May 6, 2025
Calculations based on LSEG's data show that since April 3, the price of Urals oil in Russian ports along the Black Sea and Baltic Sea has been below the cap set by Western nations. The Group of Seven (G7) countries have introduced a price cap…
Posted to Maritime Reporter
on
May 5, 2025
Euronext wheat contracts fell to new lows on Sunday as rain forecasts in the Black Sea region export region appeared to be increasing supplies among rival exporters, while the export-punishing strength of euro added doubts about demand for Western European Wheat.
Posted to Maritime Reporter
on
May 5, 2025
Euronext wheat contracts fell to new lows on Sunday as rain forecasts in the Black Sea region export region appeared to be increasing supplies among rival exporters, while an export-punishing strength of the euro added doubts about demand for Western European Wheat.
Posted to Maritime Reporter
on
May 3, 2025
The 60th Long Beach Yacht Club Congressional Cup is a tight race between four teams for the two semi-final spots. Only two flights remain in the double-round-robin stage. Four skippers are separated by just one point in a high stakes race that…
Posted to Maritime Reporter
on
May 2, 2025
Next month, after a decade of sporting inactivity, the team racing world championship will roar to life when 12 crews are determined to rewrite sport's hierarchy. Organisers announced on Friday that the 2025 Team Racing World Championship, which…
Posted to Maritime Reporter
on
May 2, 2025
Eric Monnin, from Switzerland, delivered a masterclass of match racing on Thursday at the 60th Long Beach Yacht Club Congressional Cup. He won all three races and surged into second place. As the second round of qualifying begins, the Swiss…
Posted to Maritime Reporter
on
May 1, 2025
This summer, La Folie Douce will bring their high altitude hedonism and champagne sprays to Britain's premier sailing event. SailGP will return to British shores on the 19-20th of July with a new waterfront bar where the French Alps party atmosphere…
Posted to Maritime Reporter
on
May 1, 2025
Chris Poole, the defending champion of the 60th Anniversary Congressional Cup has made a bold statement of intent by steering his Riptide racing team to six victories in a row on Wednesday's first day of competition. Long Beach's sea breeze…
Posted to Maritime Reporter
on
May 1, 2025
Orsted announced on Thursday that it had sold a 24.5% share in an offshore wind farm in the UK for approximately 456 million pounds (606 million dollars) to Schroders Greencoat funds. It said that the world's largest offshore wind developer…
Posted to Maritime Reporter
on
April 30, 2025
Canada Ocean Racing announced on April 30 that it has signed British offshore sailing superstar Pip Hare to compete in The Ocean Race Europe 2020. The team is preparing to reveal a new foiling IMOCA boat ahead of the competition. The seven-team race starts in Kiel…
Posted to Maritime Reporter
on
April 29, 2025
CME Group announced on Tuesday that it will launch in June a new Black Sea Wheat Futures Contract, which will track the export prices of Romania and Bulgaria. CME's latest effort to develop grain derivatives is in the critical Black Sea export zone.
Posted to Maritime Reporter
on
April 28, 2025
A security official said that the coast guard of Tunisia recovered eight bodies from the wreckage of a boat which sank near the coast on its way to Europe. He added that 29 others were also rescued. The boat capsized in the waters near Abwabed…
Posted to Maritime Reporter
on
April 28, 2025
Estonia released the oil tanker Kiwala that was detained for not having a valid flag. The Estonian Navy detained the tanker bound for Russia and boarded it on April 11, 2019. The tanker is believed to be a part of the so-called “shadow fleet”…
Posted to Maritime Reporter
on
April 27, 2025
According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…
Posted to Maritime Reporter
on
April 25, 2025
The World Bank steering committee endorsed on Friday the lender's plans for exploring options to expand access to energy, including possible financing for nuclear power. This is in line with U.S. President Donald Trump’s directives to increase energy financing.
Posted to Maritime Reporter
on
April 25, 2025
The Dutch prosecutor said that they summoned Damen Shipyards, a shipbuilder in the Netherlands, on suspicion of violating EU Sanctions against Russia. They also opened a separate corruption case against Damen Shipyards and its top executives. The company denied the accusations.
Posted to Maritime Reporter
on
April 24, 2025
The state-owned oil company of Colombia announced on Thursday that Shell had pulled out from three joint offshore projects in the Caribbean. Ecopetrol stated in a press release that the two companies were working together to ensure the continuity…
Posted to Maritime Reporter
on
April 24, 2025
Canada's Francois-Philippe Champagne, Canada's Minister of Finance, said that the Group of Seven Industrial Democracies continues to be united. However tensions remain amongst them over the tariffs imposed by the U.S. Champagne said at a briefing…
Posted to Maritime Reporter
on
April 24, 2025
Canada's Francois-Philippe champagne, Canada’s Finance Minister said Thursday that the Group of Seven biggest economies remain united but there are tensions between them over the tariffs imposed by the United States. Champagne said at a briefing…