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November 14, 2024
Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…
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November 13, 2024
Nexans announced on Wednesday that it would convert its U.S. plant into an export center if Donald Trump's second term as president brought challenges to the offshore wind industry. In Charleston, South Carolina, the French power and data cables specialist makes underwater cables for the U.S.
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November 13, 2024
Ferretti, the luxury Italian yacht manufacturer, reduced Wednesday its guidance for full-year adjusted core profit (EBITDA), and revenue pending confirmations of U.S. yacht orders in its "composite segment". Ferretti's "Composite Yachts" are the smallest yachts in its three product lines.
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November 13, 2024
Two of the biggest renewables companies in the world warned on Wednesday of potential challenges for the U.S. off-shore wind sector under Donald Trump's presidency, pointing out possible delays for the technology that the president elect has criticized. RWE is the No.
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November 10, 2024
Al Masirah TV (the main Houthi-run television news outlet) reported Sunday that the United States and Britain conducted raids in the Yemeni capital Sanaa and the Amran Governorate, among other areas. Residents and media from the Houthi group claimed that nine raids targeted Sanaa and its suburbs…
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November 7, 2024
Moroccan importers booked several loads of European Union wheat over the past few days, boosting EU exports amid fierce competition in the Black Sea so far this year, traders reported on Thursday. According to traders, Moroccan buyers purchased…
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November 6, 2024
A senior South Korean official revealed on Thursday that South Korean President Yoon Suk Yeol spoke with Donald Trump, the U.S. president-elect. They discussed maintaining close ties in all fields including security and economy. The official…
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November 4, 2024
Euronext wheat dropped on Monday to its lowest level in two months as a large number of Black Sea suppliers offered to supply a current Egyptian tender, highlighting the export competition despite Russian efforts to introduce minimum prices for overseas sales.
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November 4, 2024
Euronext wheat dropped on Monday to its lowest level in two months as a large number of Black Sea suppliers offered to Egypt's tender highlighted the export competition despite Russian efforts to introduce minimum prices for overseas sales.
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October 31, 2024
Norwegian Cruise Line Holdings raised its profit forecasts for the fourth time in a row on Thursday, encouraged by strong bookings for sea-based holidays at higher prices. The cruise industry has seen a strong demand for their services this year…
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October 30, 2024
Russia accused Britain on Wednesday of using the Black Sea grain canal to deliver weapons to Ukraine after London denied its allegations that Russian attacks against Ukrainian ports disrupted vital grain supplies for other nations. Last week…
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October 30, 2024
Orsted, a Danish company, announced on Wednesday that it had sold a 12.45% stake in four of the British offshore wind farms currently in operation to Brookfield for a total amount of 1.75 billion pounds (2.28 billion dollars). As part of an extensive review…
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October 30, 2024
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Paris-based investment firm CIAM announced on Tuesday that it would appeal directly to France's financial regulator AMF, urging a public offering of Vivendi stock.
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October 29, 2024
The Taiwan Defence Ministry announced on Tuesday that a French naval vessel had passed through the Taiwan Strait. This was the latest Western country to make a trip through this strategic waterway. Around once a year, the U.S. Navy, sometimes accompanied by ships of allied nations…
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October 29, 2024
The administration of President Joe Biden will begin the sale of offshore development rights on Tuesday for eight areas near the northern New England coasts. This is a test for industry interest in new investment following a year of high profile setbacks.
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October 29, 2024
Thyssenkrupp's CFO confirmed that the company is working to spin off its warship division, after Carlyle pulled out of a bid last week. The group has set a realistic date for such a move, 2026, as an example. A spin-off within the next calendar year is ambitious, in my opinion.
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October 25, 2024
Two senior defense officials have said that the U.S. Navy fears China will use hypersonic weapons in the Pacific to sink ships. They are moving ahead with a plan of arming some of their vessels with Patriot missiles. According to an industry official…
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October 23, 2024
The benchmark wheat futures traded on Euronext finished slightly higher on Tuesday, after a three day fall. Chicago recovered and traders assessed the impact of Russian government intervention on Black Sea wheat competition. December wheat,…
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October 23, 2024
The benchmark wheat futures traded on Euronext declined for the fourth time on Wednesday, as traders weighed up signs of continued export competition by Black Sea wheat supplies against uncertainty about Russian government interventions in wheat trade.
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October 23, 2024
The global potash supply has returned to the levels before the invasion of Ukraine. Russia and Belarus have increased shipments to Asia, South America and Europe to avoid Western sanctions, and to pressure producers to reduce output to avoid an oversupply.
