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)…
Posted to Maritime Reporter
on
September 25, 2024
off the task at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off crucial trade arteries simply weeks ahead of the. country's governmental election. A strike would strike 36 ports that manage about half of. U.S. ocean imports. That could affect accessibility of a variety of.
Posted to Maritime Reporter
on
September 25, 2024
off the job at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off vital trade arteries just weeks ahead of the. nation's presidential election. A strike would hit 36 ports that manage about half of. U.S. ocean imports. That could impact availability of a series of.
Posted to Maritime Reporter
on
September 25, 2024
The Energy Information Administration reported on Wednesday that U.S. crude oil stocks fell by more than expected last week and reached their lowest level for nearly two-and-a half years. The EIA reported that crude stocks fell by 4.5m barrels, to 413m barrels for the week ending Sept. 20.
Posted to Maritime Reporter
on
September 25, 2024
U.S. firms that depend on East and Gulf Coast ports have imported early, moved goods to the West Coast and even put cargo on expensive flights to hedge against an upcoming strike on Oct. 1, which could disrupt supply chains and ignite inflation in advance of the U.S. Presidential election.
Posted to Maritime Reporter
on
September 25, 2024
off the job at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off essential trade arteries simply weeks ahead of the. country's governmental election. A strike would hit 36 ports that manage about one-half. of U.S. ocean imports. That might affect accessibility of a variety.
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.
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.
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.
Posted to Maritime Reporter
on
September 24, 2024
Kim Yo Jong - the powerful sister to North Korean leader Kim Jong Un - has criticised the presence in Busan of a U.S. submarine, according to state media KCNA. Kim said it was a sign of U.S. desire to "show off its nuclear strategic assets and increase threats", as reported by KCNA.
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 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…
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.
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on
September 21, 2024
U.S. president Joe Biden stated on Saturday that China is continuing to "behave aggression" in the South China Sea, Taiwan Strait, and President Xi Jinping uses diplomacy to advance China's interests. Biden made the comments during the Quad Leaders summit in Wilmington, Delaware.
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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
Soybean futures rose on Wednesday, a day of short-covering prompted by worries about the hot and dry weather that could threaten soybean seeding in Brazil, a top producer. Corn prices fell slightly in early U.S. harvest as the industry remained cautious about making big decisions.
Posted to Maritime Reporter
on
September 18, 2024
Soybean futures rose on Wednesday, as traders covered their shorts, sparked off by worries about the hot and dry weather that is expected in Brazil, the world's top soybean producer, which could threaten seeding. Corn prices fell slightly in early U.S.
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…
