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US wheat futures rise on stronger demand

Posted to Maritime Reporter on July 5, 2024

Chicago Board of Trade Wheat Futures spiked Friday due to an increase in demand for U.S. Wheat, traders reported. This was due to the weaker dollar as well as the availability of new-crop wheat. Concerns about the U.S. crop being affected by…

Hurricane Beryl will limit shipping at the Port of Brownsville

Posted to Maritime Reporter on July 3, 2024

Port of Brownsville along the U.S./Mexico border announced on Wednesday it would restrict ship traffic because of hurricane Beryl's gale-force winds. Beryl is a Category 4-hurricane heading towards the Gulf. Michael Davis, the Harbor Master of Port Brownsville…

Vitol acquires three LNG bunkering ships

Posted to Maritime Reporter on July 3, 2024

The commodity trader announced in a Wednesday release that Vitol had secured three LNG bunkering ships through its shipping company. The vessels were obtained through a time charter agreement of seven to ten years with Avenir LNG Limited, and…

Financial Times - July 3,

Posted to Maritime Reporter on July 3, 2024

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Hipgnosis Song Management announced that its founder Merck Mercuriadis will step down from…

U.S. crude oil gains pared as storm forecast spares oil patch offshore

Posted to Maritime Reporter on July 2, 2024

The forecast track of Hurricane Beryl continues to steer it away from the major offshore production areas of the U.S. regulated northern Gulf of Mexico. Brent crude futures rose 24 cents or 0.28% to $86.84 per barrel at 10:20 AM CDT (1520 GMT). U.S.

Nine approved offshore wind projects move US closer to 2030 target.

Posted to Maritime Reporter on July 2, 2024

The U.S. The U.S. With the approval of the New Jersey project, the U.S. is now over a third way towards the 2030 target - an important part of President Joe Biden’s climate change agenda. Last year, high materials costs, high rates of interest and delays in the supply chain led Orsted…

Italian companies bridge the skills gap by owning their own education

Posted to Maritime Reporter on July 2, 2024

Federico Olivieri (29), a farm worker who had worked informally for years, was shocked to see a large building site next to his Sicilian home, with the training offered for the many specialised jobs needed. The Webuild programme is one of many 'academies…

British Business – July 2,

Posted to Maritime Reporter on July 2, 2024

These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Revolut's profits reached record levels last year, thanks to higher interest rates.

Bloomberg News: Russia sent Kilo submarine twice to Irish Sea.

Posted to Maritime Reporter on July 1, 2024

Bloomberg News reported Monday that Russian attack subs have carried out missions in the Irish Sea two times since the invasion of Ukraine in 2022, citing sources familiar with the issue. Reports indicate that the first deployment of the Russian…

Venezuelan oil exports in June were almost unchanged, at 760,000 barrels per day

Posted to Maritime Reporter on July 1, 2024

According to shipping documents and data, Venezuelan oil exports in June were mostly flat at 760,000 barrels a day (bpd), as U.S. licences supported the half of shipments for destinations within Europe and the U.S. Washington decided in April…

Yemen's Houthis claim they have targeted four ships that are 'linked to Israel, the US and UK'

Posted to Maritime Reporter on July 1, 2024

Yemen's Houthis announced on Monday they had conducted four military actions targeting four ships, including four in the Red Sea, Arabian Sea, Mediterranean Sea, and Indian Ocean, "linked to United States, United Kingdom, and Israel". Yahya Saarea…

SailGP remote umpires call the VAR from afar

Posted to Maritime Reporter on July 1, 2024

Craig Mitchell's team of umpires and Craig Mitchell have had an impact on the SailGP Grand Final this month. With $2 million at stake, each penalty they have imposed during the SailGP season could be a big one. Mitchell, who is a professional…

Biden Administration announces Atlantic offshore Wind Lease Sale for August

Posted to Maritime Reporter on June 28, 2024

The administration of U.S. president Joe Biden announced on Friday that it would hold an offshore lease sale in August off the coasts Delaware, Maryland and Virginia as part of a broader effort to expand the industry for fighting climate change.

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