Posted to Maritime Reporter
on
March 26, 2025
The Russian state news agency TASS reported that a submarine of the Pacific Fleet of Russia conducted drills on the Sea of Japan. It launched cruise missiles against sea and coastal targets. "During an exercise scheduled, the diesel-electric…
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
Vattenfall, a Swedish energy utility, announced on Tuesday that it had made a final decision to invest in two wind farm projects located in the German North Sea. Nordlicht 1 and 2 are expected to be Germany's largest offshore wind farm. Vattenfall…
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 24, 2025
Fincantieri, the Italian shipbuilder, reported a net income of 27 million euro ($29.22m) in 2018 and beat expectations by the market for its core earnings. The group's industrial plan had predicted a return to profitability in 2023, but it came one year sooner than expected.
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 21, 2025
Spiegel, citing anonymous security sources, reported that Germany had confiscated an old tanker, found drifting off its northern coast, believed to be a part of the shadow fleet Russia used to circumvent oil sanction. German authorities seized the Panama-flagged vessel…
Posted to Maritime Reporter
on
March 21, 2025
Spiegel, citing anonymous security sources, reported that Germany had confiscated an old tanker, found drifting off its northern coast, believed to be a part of the shadow fleet Russia used to circumvent oil sanction. German authorities seized the Panama-flagged vessel…
Posted to Maritime Reporter
on
March 21, 2025
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. BENETEAU: Beneteau announced on Thursday that it expects to see a drop of 5%-10% in 2025 in demand and sales. The company cited further destocking during the first half year.
Posted to Maritime Reporter
on
March 19, 2025
Three Cambridge University rowers have been barred from participating in this year's Boat Race because they do not hold degrees. An independent interpretation panel ruled, after an Oxford objection that the three Cambridge Rowers were PGCE and not degree students and were therefore ruled-out.
Posted to Maritime Reporter
on
March 19, 2025
ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…
Posted to Maritime Reporter
on
March 19, 2025
A spokesperson for the United Nations Refugee Agency (UNHCR), said that at least six migrants had died and forty were missing following a shipwreck near the Italian island of Lampedusa. Separately, the Italian coastguard confirmed that it intervened…
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)…
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…
