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
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 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 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 20, 2025
Traders said that the lowest price in Turkey's tender by TMO, Turkey's grain board, to buy about 18,000 tons of crude sunflower oil, was $1,209 per metric ton, c&f. They said that the offer is believed to have come from the company Yayla, for 6…
