Posted to Maritime Reporter
on
September 23, 2024
The military reported on Monday that at least 30 bodies in decomposition were discovered in a boat floating 70 km (38 miles) off Dakar's coast, the capital of Senegal. In a military statement, it was revealed that the navy had been informed…
Posted to Maritime Reporter
on
September 23, 2024
Bill Thompson was fighting offshore wind farms in the small state of Rhode Island, where he lives. He is now part of a worldwide movement. Thompson, the director of Green Oceans and activist for offshore wind, received an email in April from another group that was also against offshore wind…
Posted to Maritime Reporter
on
September 20, 2024
Orange, the French telecom operator, announced on Friday that it will cut 35 jobs at its Viaccess-Orca subsidiary in France as part of a restructuring plan. Orange launched its new strategic plan, "Lead The Future", last year. It was the first one under the leadership of CEO Christel Heydemann.
Posted to Maritime Reporter
on
September 20, 2024
Euronext wheat prices stabilized on Friday, after falling to a two-week-low in the previous session. A reduced estimate of Ukrainian sowings and reports of a strike at Odesa Port shifted attention to weather and war risk to Black Sea export supplies.
Posted to Maritime Reporter
on
September 19, 2024
Euronext Wheat's fall to a 2-week low continued on Thursday as Black Sea exports continue to pressurize prices. However, global weather concerns are tempered by the rain forecast in Brazil and the U.S. The December wheat price on Paris' Euronext…
Posted to Maritime Reporter
on
September 19, 2024
Italy will face Britain for the America's Cup final after a convincing victory over the U.S. semifinalists on Thursday. After the British crew defeated Switzerland in Barcelona, the Italians beat the United States in the semi-finals of the Louis Vuitton Cup first-to-five.
Posted to Maritime Reporter
on
September 18, 2024
Euronext Wheat eased on Wednesday for the third consecutive day as traders observed that a recent rally of futures had widened a price difference compared to cheaper Black Sea Export Supplies. The grain markets were also encouraged to consolidate…
Posted to Maritime Reporter
on
September 18, 2024
Britain won a 5-2 victory over Switzerland on Wednesday in the America's Cup Challenger Series to earn a spot in the Louis Vuitton Cup Final in Barcelona. In the other semifinal, the United States maintained their hopes with a vital win over…
Posted to Maritime Reporter
on
September 18, 2024
On Wednesday, a German woman was killed by a shark after being attacked while swimming alongside her catamaran between Spain's Canary Islands & West Africa. The 30-year-old woman was traveling on a catamaran which had left Gran Canaria Island on September 14.
Posted to Maritime Reporter
on
September 17, 2024
Euronext wheat declined for a second consecutive day on Tuesday, in line with Chicago. Concerns over the escalation of Russia's conflict with Ukraine have subsided as traders return to the export competition due to cheaper Black Sea products.
Posted to Maritime Reporter
on
September 16, 2024
Both Switzerland and the United States kept their America's Cup dreams alive by winning dramatic semi-final races against Britain and Italy, respectively, in the qualifying series. The Swiss and U.S. were both on the verge of elimination in…
Posted to Maritime Reporter
on
September 16, 2024
European wheat futures dropped on Monday, in line with Chicago. This was a technical setback following last week's rally which was fueled by fears over Black Sea supply. The December wheat price on Paris' Euronext fell 2% to 220.50 euro ($245.33) per metric ton.
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…
Posted to Maritime Reporter
on
September 13, 2024
The European Commission announced that EU regulators had approved a Belgian scheme of state aid worth 682 million euros ($756.54 millions) to support renewable energy offshore wind. The commission stated that the measure would support the construction…
Posted to Maritime Reporter
on
September 13, 2024
The United States will be facing Italy in the semi-finals for the America's Cup Challenger Series, which begins this weekend. The four teams will compete to be the first to take on New Zealand in the "Auld Mug", the oldest trophy of international sport dating back to 1851.
Posted to Maritime Reporter
on
September 13, 2024
The United States will be facing Italy in the semi-finals for the America's Cup Challenger Series, which begins this weekend. The four teams will compete to be the first to take on New Zealand in the "Auld Mug", the oldest trophy of international sport dating back to 1851.
Posted to Maritime Reporter
on
September 13, 2024
A source familiar with the situation said that Italian Navy divers recovered video surveillance gear from the superyacht which sank near Sicily in late October, killing British tech magnate Mike Lynch, as well as six others. The equipment recovered…
Posted to Maritime Reporter
on
September 12, 2024
Euronext Wheat ended Thursday slightly lower as an unexpected rise in a closely followed forecast for the U.S. Corn Crop encouraged prices to consolidate following a rally related to Black Sea Supply Concerns, traders said. The December wheat contract…
Posted to Maritime Reporter
on
September 12, 2024
Euronext Wheat Futures rose on Thursday for the third consecutive day, reaching a new peak of one month. Reports that a grain ship had been struck by a missile on the Black Sea kept attention on the supply risks in this vital export zone. The gains were modest…
Posted to Maritime Reporter
on
September 11, 2024
Euronext Wheat Futures reached a new four-week high on Wednesday as weather setbacks from Russia offset the recent pressure of brisk Black Sea Exports. December wheat, which was the most actively traded position on Paris' Euronext, closed 1.4% higher at 223.00 Euros ($245.52) per metric ton.
