Posted to Maritime Reporter
on
November 22, 2024
Chicago wheat rose on Friday and is expected to gain more than 6% in the coming week. This was due to a Russian hypersonic missile being launched at a Ukrainian town, which raised concerns about possible disruptions of exports. As of 0355 GMT…
Posted to Maritime Reporter
on
November 22, 2024
According to sources in the trade, Rongsheng Petrochemical purchased 2.65 million barrels (or 98.4 million gallons) of heavy crude oil for delivery in February from the Americas. Sources said that the three Canadian crude cargoes, each of which is 550…
Posted to Maritime Reporter
on
November 21, 2024
SailGP's fifth season will begin in Dubai at the weekend, with Rolex as the title sponsor. This partnership has been in place since the creation of the league. Rolex has been involved with sailing for almost 70 years and will become the title…
Posted to Maritime Reporter
on
November 21, 2024
The benchmark European wheat price rose for the fifth session in a row on Thursday, reaching a record high of three weeks. This was due to the fall of the euro against the dollar as well as a Russian missile attack against Ukraine that kept…
Posted to Maritime Reporter
on
November 21, 2024
Red Bull Italy SailGP Team, the 12th and last entry in the SailGP 2025 season, was unveiled on Thursday. The team, led by Jimmy Spithill will debut at this weekend's Emirates Dubai Sail Grand Prix. Italian driver Ruggero TITA and strategist Giulia FAVA are both double Olympic medalists.
Posted to Maritime Reporter
on
November 21, 2024
European traders reported on Thursday that the Iranian state-owned animal feeding importer SLAL purchased approximately 60,000 metric tonnes of animal feed barley during an international auction seeking around 120,000 tones this week. They said…
Posted to Maritime Reporter
on
November 21, 2024
European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price offers for the tender is November 27. Jordan's previous barley tender…
Posted to Maritime Reporter
on
November 20, 2024
The European wheat futures closed higher on Wednesday as a result of a turnaround in Chicago. News that Ukraine fired more Western missiles at Russia sparked fears about a war escalate. Euronext was also boosted by the fall of the euro in relation to the dollar.
Posted to Maritime Reporter
on
November 20, 2024
British Defence Minister John Healey announced on Wednesday that he will free up $500 million ($633million) over the next five years for military budgets by scrapping several Royal Navy ships, a drone system, and retiring a few helicopters.
Posted to Maritime Reporter
on
November 20, 2024
French sailor Yoann richomme broke the record of the longest distance covered by a monohull in 24 hours. He clocked 1,021.7 km (551.84 nautical miles) during the Vendee Globe race, a solo non-stop around-the-world race. Nicolas Lunven set the record of 546.64 nautical mile a week before Richomme…
Posted to Maritime Reporter
on
November 20, 2024
Poland plans to allocate new areas for offshore turbine farms in the Baltic Sea. This was announced by its deputy minister of infrastructure on Wednesday. Poland has boosted its ambitions for offshore wind farms on the Baltic Sea even though…
Posted to Maritime Reporter
on
November 20, 2024
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is November 26. Traders had expected a new announcement after Jordan failed to purchase 120…
Posted to Maritime Reporter
on
November 20, 2024
Chicago wheat futures were slightly lower on Wednesday, despite renewed threats of disruptions in Black Sea supplies due to the escalation of the conflict in Ukraine. The contract was still near its one-week high. As of 0427 GMT the most active wheat contract on Chicago Board of Trade fell 0.66%…
Posted to Maritime Reporter
on
November 19, 2024
The energy ministry announced that Trinidad and Tobago signed a production-sharing agreement on Tuesday with a British oil and gas company BP unit for the exploration and production of natural gas in a shallow water area. The agreement comes…
Posted to Maritime Reporter
on
November 19, 2024
The agricultural firm Louis Dreyfus announced on Tuesday the construction of a new transshipment sugar terminal in Brazil's Sao Paulo State, which is expected to be finished by mid-2025. Executives from the company claim that the new terminal…
Posted to Maritime Reporter
on
November 18, 2024
On Monday, a Russian-installed Crimean governor vowed revenge against "terrorists", who had killed a Russian navy captain of high rank in an attack claimed by Ukrainian security forces last week. Valery Trankovsky was the chief of staff for the 41st brigade…
Posted to Maritime Reporter
on
November 18, 2024
The United Kingdom Maritime Trade Operations said that a vessel located 60 nautical miles south of Yemen's Aden reported a missile splashing in the water within its proximity on Monday. UKMTO said that both the vessel and crew were in safety.
Posted to Maritime Reporter
on
November 17, 2024
The Transportation Ministry reported that the Nazann tanker with a length of 114 metres had a rudder problem. This caused the suspension of both directions in the Bosphorus Strait in Istanbul. The coast guard sent tugboats to the strait after the vessel had mechanical issues.
Posted to Maritime Reporter
on
November 17, 2024
On Sunday, Peru's President signed agreements with her Japanese counterpart following a visit by the two leaders shortly after the Asia-Pacific Economic Cooperation Summit hosted in Lima. The agreements were inked by Peruvian President Dina Boluarte, and Japanese Prime Minister Shigeru Ishiba.
Posted to Maritime Reporter
on
November 17, 2024
The United Kingdom Maritime Trade Operations agency (UKMTO), which is responsible for coordinating the UKMTO's maritime trade operations, said that a ship traveling through the Red Sea, 25 nautical miles west from Al-Mukha in Yemen, reported…