Posted to Maritime Reporter
on
March 26, 2025
The Russian drone attacked the Ukrainian port city of Mykolaiv, which provides access to the Black Sea for the country. It also struck Kryvyi Rih. Ukrainian officials claimed that this was the biggest drone strike on the city in the war. On Tuesday…
Posted to Maritime Reporter
on
March 26, 2025
The Russian Defence Ministry said that Russian units had destroyed nine Ukrainian drones over night, including two in the Black Sea. On Tuesday, the United States and Russia reached separate agreements to stop their airstrikes over the Black Sea as well as against each other's targets in energy.
Posted to Maritime Reporter
on
March 25, 2025
In remarks published late Tuesday, Russian Foreign minister Sergei Lavrov stated that the Black Sea maritime security agreement aims to return Moscow to predictable grain markets and fertiliser markets which would allow for profit while ensuring global food security.
Posted to Maritime Reporter
on
March 25, 2025
Delfin LNG, a German company and Securing Energy For Europe have signed an agreement to supply 1.5 million tons per year of U.S. Liquefied Natural Gas (LNG). The companies announced this on Tuesday. Delfin announced in a release that the floating…
Posted to Maritime Reporter
on
March 25, 2025
Euronext wheat prices fell on Tuesday after the U.S. announced an agreement with Russia and Ukraine that would protect maritime trade along the Black Sea. This could lead to increased competition for exports, traders reported. Euronext's May…
Posted to Maritime Reporter
on
March 25, 2025
The Kremlin announced on Tuesday that Moscow has agreed to guarantee safe navigation in Black Sea provided Western sanctions against companies exporting food and fertilizer are lifted. The United States and Russia have also agreed on measures…
Posted to Maritime Reporter
on
March 25, 2025
Volodymyr Zelenskiy, the Ukrainian president, said that the truce over the Black Sea and the energy infrastructure took effect immediately on Tuesday. He also stated that if Moscow violated the agreements he would ask Donald Trump for more weapons and sanctions against Russia.
Posted to Maritime Reporter
on
March 25, 2025
Ukraine's Defence Minister said that Kyiv had agreed to the two ceasefires with Russia announced by the United States Tuesday, and that Kyiv welcomed third countries who would support the implementation of these accords. The United States announced…
Posted to Maritime Reporter
on
March 25, 2025
Chicago wheat futures were almost flat on Tuesday, after a sharp drop in the previous session due to improved weather forecasts for key growing regions. Traders are monitoring ongoing Russia-Ukraine negotiations. By 1108 GMT, the most active…
Posted to Maritime Reporter
on
March 24, 2025
On April 1, an LNG tanker will arrive in Canada to cool down the LNG Canada plant in Kitimat (British Columbia), which is considered to be the final step before production of supercooled gas begins at the plant. The delivery is scheduled for early April.
Posted to Maritime Reporter
on
March 24, 2025
Euronext wheat dropped on Monday, to its lowest level in almost two weeks. U.S. and Russian talks aimed at a Black Sea ceasefire in Ukraine raised the expectations of increased grain shipments. Euronext's front-month May milling grain closed at 222 euros ($239.49)…
Posted to Maritime Reporter
on
March 24, 2025
Donald Trump, the U.S. president, said Monday that any country buying oil or gas in Venezuela would be charged a 25% duty on all trades with the United States. The "secondary tariffs" will go into effect on April 2nd, Trump stated in a Truth Social posting.
Posted to Maritime Reporter
on
March 23, 2025
After discussions with Ukrainian diplomats on Sunday, a U.S. delegation will meet with Russian officials to discuss progress towards a Black Sea ceasefire as well as a wider cessation in violence in the Ukraine war. The so-called "technical talks" come as U.S.
Posted to Maritime Reporter
on
March 21, 2025
The price of European wheat fell on Friday due to Black Sea competition as well as a drop on U.S. market. Euronext's benchmark May milling grain was down by 0.3% at 1500 GMT, to 226.00 Euros ($244.42) per metric ton. The price was set to rise…
Posted to Maritime Reporter
on
March 21, 2025
CME Group, a financial markets operator, is developing plans to create a Black Sea Wheat Futures Contract that tracks Romanian and Bulgarian wheat prices. CME, the company that has U.S. Corn, Wheat and Soybean Futures that serve as global benchmarks for prices…
Posted to Maritime Reporter
on
March 21, 2025
Carnival Corp, the cruise operator, raised its profit forecast for 2018 on Friday. The company benefited from increased ticket prices, strong advance bookings, and strong customer spending on board. Although cruise ticket prices are on the rise…
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…
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…
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.
Posted to Maritime Reporter
on
March 11, 2025
A senior executive of Nigeria's national oil company NNPC told reporters on Tuesday that Nigeria would be able meet OPEC production targets. Udobong Nitia is the executive vice president for upstream at NNPC. He said that after years of not meeting OPEC quotas Nigeria finally met them in January.
