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GRAINS-Chicago Wheat reaches multi-year high on Russia's Black Sea Attacks

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on ?Tuesday on reports that Moscow had rejected a moratorium on attacks in the ?Black Sea and struck port infrastructure in the region overnight, analysts said. Futures reversed an earlier…

GRAINS-Chicago Wheat hits 3-1/2 year high on Russia's Black Sea Attacks

Posted to Maritime Reporter on September 1, 2026

Chicago wheat futures hit a three-and-a-half-year high on Tuesday on reports that Moscow ?had rejected a moratorium on attacks in the Black Sea ?and struck port infrastructure in the region overnight. Futures recovered from the earlier weakness…

Six months of MORNING BID AMERICAS

Posted to Maritime Reporter on August 28, 2026

The U.S. president Donald Trump initially said that the Iran war would only last for four to five weeks. But we are now approaching the six-month mark. The financial markets' resilience in the face of what was thought to be an impending doomsday…

EU Wheat Jumps on Report Russia escalates war with Ukraine

Posted to Maritime Reporter on August 26, 2026

The price of European wheat futures rose 4% to a new one-month high on Wednesday, as fears about war disrupting the massive grain trade in the Black Sea were heightened by a report stating that Russia intends to intensify its?attacks against Ukraine.

Sumitomo's $582 million bid for FleetPartners in Australia ignites a bidding war

Posted to Maritime Reporter on August 25, 2026

FleetPartners Group announced on Wednesday that it had received a takeover bid from a consortium led by Japan's Sumitomo Corp. The offer valued the Australian vehicle leasing provider at A$813.1m ($582.26m). The offer turns the Australian takeover…

EU wheat prices lower as markets look to Black Sea Export Relief

Posted to Maritime Reporter on August 25, 2026

The market lowered the price of European wheat futures on Tuesday, as it assessed the chances for a diplomatic breakthrough that would ease Black Sea War disruptions that have choked Russian exports and Ukrainian imports. The December wheat contract…

Paris wheat prices firm up as Black Sea exports are assessed following diplomatic hopes

Posted to Maritime Reporter on August 24, 2026

Euronext Wheat Futures were steady on Monday, as traders weighed the suggestion of Ukraine's President for diplomatic talks with Russia about Black Sea attacks against speculation?about a shift in demand towards?European Union Supplies. At 1630 GMT…

Bousso: Refiners in the US face a historic test of stress as the global crisis looms.

Posted to Maritime Reporter on August 24, 2026

The U.S. has operated its refineries at near-maximum capacity for over a quarter of a century. Refineries are scrambling to take advantage of the windfall profits created by the Iran War. History offers a warning: "Super-refining" runs can lead to major plant failures. This has global consequences.

Bousso: Refiners in the US face a historic test of stress as global crisis looms.

Posted to Maritime Reporter on August 24, 2026

The U.S. has operated its refineries at near-maximum capacity for over a quarter of a century. Refineries are scrambling to take advantage of the windfall profits generated by the Iran War. History offers a warning: "Super-refining" runs can lead to major plant failures.

EU wheat demand at four-week peak as Black Sea disruptions stir up demand

Posted to Maritime Reporter on August 20, 2026

The benchmark wheat price on Euronext reached its highest level in almost four weeks Thursday. This was largely due to a 'prediction that the war-related disruptions of Black Sea exports would 'push some demand to?Western Europe. The December wheat contract…

EU wheat prices steady as Black Sea uncertainty persists

Posted to Maritime Reporter on August 20, 2026

The benchmark wheat price on Euronext rose a little bit?on Tuesday, as traders considered the?severe disruption of Black Sea exports and sluggish demand from importers. The'most active contract' on Euronext for December wheat settled at EUR235.75 ($272.95) per metric ton, up 0.6%.

EU wheat prices ease as Black Sea concerns weigh on the market

Posted to Maritime Reporter on August 19, 2026

Euronext wheat prices eased on Monday, after hitting a two-week high on Friday. Traders weighed the impact of a severe disruption in Black Sea exports versus a limited demand for Western European wheat that is more expensive. The December wheat contract…

Raytheon awarded a $22.9 billion Raytheon contract to increase Tomahawk production

Posted to Maritime Reporter on August 19, 2026

The U.S. 'Navy announced?on Monday?that?it has awarded RTX Unit Raytheon a contract worth $22.9 billion to increase the production of Tomahawks. The United States has supplied large amounts of?arms to allies while also using?munitions in the Iran conflict…

Hanwha and Fincantieri share prices rise after Trump allows foreign shipyards to build Navy ships

Posted to Maritime Reporter on August 17, 2026

Stocks of Italy's Fincantieri and South Korea's Hanwha Group rose on Friday after President Donald Trump issued a directive opening up U.S. Navy Shipbuilding to overseas yards. These companies are the ones with the biggest footprints in U.S. shipyards.

Russia rejects the idea of a Black Sea ceasefire

Posted to Maritime Reporter on August 15, 2026

Russia dismissed the idea of a truce with Ukraine at?the Black Sea on Friday, saying that it did not see any grounds for "half measures" which would?offer a respite to the opposing side. In recent weeks, both?Russia? and Ukraine increased their attacks on commercial ships in Black Sea.

EU wheat gains reduced after Black Sea truce report

Posted to Maritime Reporter on August 13, 2026

Euronext Wheat?pared its gains on Thursday in choppy trades to fall from a two-week peak as traders noted that a report stating that Kyiv proposed a truce in attacks against civilian targets in the Black Sea?attenuated?concerns over disruptions to massive Russian and Ukrainian grain exports.

Orsted beats Q2 estimates and is on track to meet its 2026 forecast

Posted to Maritime Reporter on August 13, 2026

Orsted, the Danish offshore wind farm developer, reported a core profit for the second quarter that was above expectations on Thursday. It also maintained its financial outlook. Orsted has grown rapidly in the last decade, but recently it faced…

EU wheat prices jump after Ukraine attacks major Russian grain export ports

Posted to Maritime Reporter on August 12, 2026

Euronext wheat prices rose on Wednesday after falling to a four-week low on Tuesday. This was due to Ukrainian attacks on Russian grain terminals, which heightened concerns about the?disruption of massive shipments across the Black Sea. The gains were mostly moderate compared to Chicago wheat…

EU wheat prices jump after Ukraine attacks major Russian grain export ports

Posted to Maritime Reporter on August 12, 2026

Euronext wheat prices rose on Wednesday after falling to a four-week low on Tuesday, following Ukrainian attacks against Russian grain export terminals. This heightened concerns about the disruption of massive Black Sea shipments. The gains were mainly moderate compared to Chicago wheat…

Ukraine halts strike on tankers using Russian ports at US request, FT reports

Posted to Maritime Reporter on August 12, 2026

The Financial Times reported?on Wednesday that Ukraine had halted drone strikes on oil tanks using Russia's port at the?Black Sea, Novorossiysk, after receiving a request by U.S. Vice President JD Vance. The paper reported that the request was made last month after U.S.

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