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SailGP debuts 2025 Sassnitz in Germany

Posted to Maritime Reporter on September 26, 2024

SailGP, the adrenaline-fuelled sailing spectacle, is headed to new waters in August 2025. The elite sailing championship will make its highly anticipated German debut on the island Ruegen. Sassnitz along the coast of the island will host two days high-octane races.

Italy wins Youth America's Cup at Barcelona

Posted to Maritime Reporter on September 26, 2024

Italy won the Youth America's Cup Thursday, with a convincing victory over the United States. The final was held on the Mediterranean Sea near Barcelona. This is the first of two regattas that will precede the America's Cup in October when New Zealand…

Britain announces new Russia shipping sanctions

Posted to Maritime Reporter on September 26, 2024

The UK announced on Thursday that it has sanctioned two shipping companies and five ships under its Russian sanctions regime. In the first week of this month, Britain sanctioned 10 more ships from Russia's "shadow fleet", a group of vessels…

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on September 26, 2024

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. After intense discussions on Wednesday at the United Nations, the United States and France along with several other allies…

Financial Times - Sept 26

Posted to Maritime Reporter on September 25, 2024

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Keir starmer will travel to Brussels next week, where he will meet Ursula von der Leyen of the European Commission…

Haiti PM: Nation far from winning gang warfare as UN deadline looms

Posted to Maritime Reporter on September 25, 2024

Haitian Prime Minister Garry Conille stated on Wednesday that the Caribbean nation is still far from winning its battle against armed groups who control the majority of the capital. A deadline set by the United Nations for the long-delayed assistance fast approaches.

Euronext Wheat Firm as Weather and Exports Weigh

Posted to Maritime Reporter on September 25, 2024

Euronext Wheat Futures edged up on Wednesday, as the dry weather in Russia and Ukraine is hindering sowing. This has raised early concerns over next year's harvest. However, brisk Black Sea exports kept prices under control. Euronext's December wheat was trading at 220.50 euro ($245.70)…

EU wheat prices ease after rally, as Black Sea supplies assessed

Posted to Maritime Reporter on September 24, 2024

Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.

Yemen Vice President: New strategy required to contain Houthis

Posted to Maritime Reporter on September 24, 2024

Yemen's Vice-President stated on Tuesday that the escalation of Middle East hostilities has made it more urgent for regional and global stakeholders to develop a new strategy in order to contain the increasingly well armed Houthi rebels who are backed by Iran.

EU wheat prices pause after rally, Black Sea supply is assessed

Posted to Maritime Reporter on September 24, 2024

Euronext wheat prices fell on Tuesday after consolidating a rally the previous day. Traders weighed weather and war risk to Black Sea supplies against signs that Russia, Ukraine and other exporters continue to dominate markets at lower prices.

Military: At least 30 bodies decomposing found on boat near Senegal

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…

Greek state television: Three migrants are dead and 25 more may be missing after a boat sinks near Samos.

Posted to Maritime Reporter on September 23, 2024

State television reported that three migrants had died and at least another 25 people were missing after the boat they were on sank off the Greek Island of Samos. The Greek coastguard has said that it has rescued five migrants to date. A search…

US-based groups advise Australian and European opponents of offshore wind in Australia

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…

Interfax reports that the Russian Black Sea Fleet's Aviation division has conducted sea and air exercises.

Posted to Maritime Reporter on September 23, 2024

Interfax reported Monday that the Russian Black Sea Fleet's aviation division conducted combat drills to destroy unmanned targets at sea and in the air over Black Sea. The agency quoted the ministry to say that "the combat mission tasks were performed in the darkness…

Quad group increases maritime security cooperation during Biden's Farewell Summit

Posted to Maritime Reporter on September 21, 2024

As outgoing U.S. president Joe Biden hosted his counterparts from the Quad, which was formed due to shared concerns regarding China, the leaders of Australia, India and Japan expanded their joint security measures in Asia's richly traded waters.

Orange cuts 35 jobs in its Video Services Unit in France

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.

EU wheat prices rise after a 2-week low, with Black Sea supplies in focus

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.

Governor of Odesa: Russians attacked Odesa port and damaged a vessel with an Antigua flag,

Posted to Maritime Reporter on September 20, 2024

The regional governor of Odesa said that a Russian missile attack has damaged port infrastructure in Odesa and a civilian vessel flying the flag of Antigua. Governor Oleh Kiper announced on Telegram that four people were injured by the strike.

Euronext Wheat slips once again as export competition looms over the market

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…

Italy wins over US to book America's Cup final berth.

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.

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