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Euronext Wheat steady as weather, exports and trade weigh

Posted to Maritime Reporter on October 8, 2024

The price of European wheat edged up on Tuesday, as weather risks in Russia coupled with an attack on a grain terminal in Ukraine offset the pressures from export competition. December wheat traded on Paris' Euronext closed 0.5% higher at 229.75 Euros ($252.17) per metric ton…

Trade sources claim that Trader Vitol is selling Venezuelan oil to Indian refiners.

Posted to Maritime Reporter on October 8, 2024

Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.

Sailing-Swedish Women dominate America's Cup Group to Book Semi-Final Berth

Posted to Maritime Reporter on October 8, 2024

The Netherlands and Spanish teams qualified for the semi-finals of the America's Cup event on Tuesday after a dominant performance by Sweden in their group. The Swedish crew, which has had more time to practice with the AC40 foiling boat than other teams…

Swedish women win America's Cup Group to secure semi-final berth

Posted to Maritime Reporter on October 8, 2024

The Dutch and Spanish teams qualified for the semifinals in the testing conditions near Barcelona, as well. The Swedish crew, which has had more time to practice with the AC40 foiling boat than other teams, set the pace in a Mediterranean breeze that was shifting.

Boardman: Sport must play a role in the fight against climate changes

Posted to Maritime Reporter on October 8, 2024

Sport England Chairman Chris Boardman stated on Tuesday that sports clubs and organizations must step up their game to become leaders in the fight against catastrophic climate change. Boardman, a former Olympic gold medalist in cycling, opened…

Britain's 'once-in-a lifetime' America Cup bid is boosted by royal support

Posted to Maritime Reporter on October 7, 2024

Ben Ainslie, the skipper of the British team, said that the opportunity for Britain to win the America's Cup was a "once in a lifetime" event. The team will give it their all when they face New Zealand. A long-time supporter of the team, Britain's Princess Diana…

Women's America's Cup debuts with a tussle for the top.

Posted to Maritime Reporter on October 6, 2024

This weekend, sailors celebrated the first America's Cup women's race with tight races and some spectacular slash downs in challenging Mediterranean weather conditions off Barcelona. The America's Cup was dominated by males for its entire 173 year history.

First America's Cup for Women aims to bridge the experience gap

Posted to Maritime Reporter on October 5, 2024

The 12 women who will be sailing the AC75s this weekend in the first Women's America's Cup have never sailed the AC75s that their male counterparts use. They aim to fix that by the next America's Cup by showing off their racing abilities in…

America's Cup head predicts a feisty British battle with Kiwis

Posted to Maritime Reporter on October 5, 2024

Iain Murray, regatta director of the America's Cup race, said that Ben Ainslie will be a formidable opponent for New Zealand when they meet in the America's Cup. Ainslie spent a day away from the water to support the British team in the inaugural women's America's Cup.

First America's Cup women's aims to bridge the experience gap

Posted to Maritime Reporter on October 5, 2024

The 12 women who will be sailing the AC75s this weekend in the first Women's America's Cup have never sailed the AC75s that their male counterparts use. They aim to change that by the time of the next America's Cup by showing off their racing…

Ainslie's brutality ends 60-year British wait for America's Cup

Posted to Maritime Reporter on October 4, 2024

Ben Ainslie, of Britain, has finally achieved his goal of competing for the America's Cup. The America's Cup is the oldest trophy of international sport. The 47-year old Briton, who is the most successful Olympic sailing sailor in history, has been aiming for the "Auld Mug"…

EU wheat drops further from its highs as Black Sea jitters lessen

Posted to Maritime Reporter on October 4, 2024

Euronext wheat fell for a second consecutive day on Friday. It was further down from its three-month highs, as traders took profits and concerns about tight Black Sea supplies subsided. December wheat traded on Paris' Euronext closed 1.5% lower at 228.75 euro ($250.53) per metric ton.

EU wheat drops further from its highs as Black Sea jitters lessen

Posted to Maritime Reporter on October 4, 2024

Euronext wheat fell for a second consecutive day on Friday. It was further down from its three-month highs, as traders took profits and concerns about tightening Black Sea supply subsided. The December wheat price on Paris' Euronext fell 2.2% to 227.25 Euros ($249.16)…

With a win over Italy, Sailing-Britain reaches the first America's Cup Final in 60 years.

Posted to Maritime Reporter on October 4, 2024

Britain won their first America's Cup Final in 60 years, beating Italy on Friday. They will now face New Zealand off Barcelona later this month. Eight sailors aboard the British AC75 foiling boats celebrated loudly after crossing the finish line to win the Louis Vuitton Cup Series over Italy…

Euronext wheat eases off after rally, Black Sea news assess

Posted to Maritime Reporter on October 3, 2024

The price of European wheat fell on Thursday, after reaching a record high in three months this week. Traders analyzed a series of reports that cast doubts over Black Sea export supplies. The December wheat price on Paris' Euronext closed 0.6% lower…

America's Cup eSeries sailors get to race on the water

Posted to Maritime Reporter on October 3, 2024

This week, the winner and runner up of the America's Cup E-Series had the chance to test their sailing skills on an actual AC40. New Zealanders Liam Dimock (14), who won the America's Cup virtual series with the nickname "eSailingCentral", and Robbie Wooldridge (19)…

Debutant Fletcher flies high in Britain's America Cup race

Posted to Maritime Reporter on October 3, 2024

Dylan Fletcher has become accustomed to winning with the smallest margins. The sailor, who won Britain's Olympic gold medal in the men's skiff by a few centimetres at the 2021 Medal Race is now within one point of clinching the first America's Cup tilt for his country in 60 years.

No alternative routes for Spanish olive oil after US port strike

Posted to Maritime Reporter on October 3, 2024

In the wake of a recent strike in U.S. East Coast and Gulf Coast ports, olive oil exporters from Spain, the largest producer in the world, warned that there were no viable alternatives to reach the lucrative U.S. market. Asoliva, the Spanish association of olive oil producers and exporters…

In September, ARA's gasoline exports to West Africa reached a multi-year low.

Posted to Maritime Reporter on October 3, 2024

The Belgian law that restricts the export of low-quality fuels, and financial constraints on the part of Nigerian importers are making it difficult for buyers in Northwest Europe to sell gasoline to West Africa. They will have to look at other…

Kazakhstan wants clarification from Russia on grain transit stop

Posted to Maritime Reporter on October 3, 2024

Kazakh officials announced on Thursday that Kazakhstan had halted its grain exports to Russia. They also said they asked Moscow to prove the claims of having violated plant health rules, which Moscow cited as the reason for a ban on imports and transits of Kazakh grain.

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