Posted to Maritime Reporter
on
October 1, 2024
Omar Yacoubi, head of the Moroccan grain trader's association (FNCL), said that Russia will surpass France as Morocco's leading soft wheat supplier in 2024/25. Morocco must import 5 million tons of soft grain after a poor domestic harvest caused by drought, said the official.
Posted to Maritime Reporter
on
September 30, 2024
The America's Cup Challenger Series saw Britain and Italy battle it out in two close races on Monday. This leaves the event's first-to seven race at a finely balanced 3-3, as they prepare to face New Zealand's defenders for the coveted 'Auld Mug.
Posted to Maritime Reporter
on
September 30, 2024
Britain took advantage of an Italian mistake in the America's Cup Challenger Series on Monday to gain a 3-2 edge in the race to face New Zealand and win the "Auld Mug". Race five of the series was a breeze-free affair, with the wind speed at Barcelona being below the maximum of 21 knots.
Posted to Maritime Reporter
on
September 30, 2024
LSEG data revealed on Monday that the Pioneer tanker sanctioned by America for its links with Russian-sourced liquefied gas (LNG) has passed through Suez Canal carrying an LNG cargo. It was not immediately known where the LNG-flagged Pioneer would be heading or what its source was.
Posted to Maritime Reporter
on
September 29, 2024
Italy won by four seconds over America's Cup rivals Britain, bringing the series to 2-2. The intense match took place in strong winds near Barcelona. The Italians were forced to concede the win to the British earlier when they damaged their AC75 monohull foiling sail.
Posted to Maritime Reporter
on
September 29, 2024
Italy's massive AC75 sail rig was damaged by strong Mediterranean winds Sunday. This gave Britain a 2-1 series lead over America's Cup rival Britain. When the problem arose, the Italians were forced to drop their mainsail in order to replace it.
Posted to Maritime Reporter
on
September 28, 2024
The America's Cup Challenger Series remained level on Saturday due to a dying Mediterranean breeze. Britain ran out of time in order to convert a seemingly winning position against Italy in their third match-up. The race was abandoned because the officials felt it exceeded the time limit.
Posted to Maritime Reporter
on
September 27, 2024
Harland & Wolff, the British shipbuilder best known for building Titanic, announced on Friday that it had appointed administrators. This would result in job losses as the company struggles to raise funding. The company, who currently employs 66 employees…
Posted to Maritime Reporter
on
September 27, 2024
The International Whaling Commission's (IWC) meeting on Thursday rejected a proposal to create a sanctuary in the southern Atlantic Ocean for whales and cetacean species. This disappointed animal conservationists. At the IWC annual session held in Lima…
Posted to Maritime Reporter
on
September 26, 2024
Euronext Wheat Futures rose on Thursday, boosted by weather concerns for planting. However, they fell from their previous one-week high amid signs of stiff competition in exports. The December wheat price on Paris' Euronext rose 0.3% to 221.25 Euros ($247.18) per metric ton.
Posted to Maritime Reporter
on
September 26, 2024
The first-to seven America's Cup Challenger Final on Thursday saw Britain and Italy tied with one victory each. Next month, the winner of the Louis Vuitton Cup qualifying series will face New Zealand's America's Cup defenders for the coveted Auld Mug in Barcelona.
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.
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…
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…
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…
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…
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.
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 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.