Posted to Maritime Reporter
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March 24, 2025
European traders reported on Monday that the Taiwan Flour Millers' Association had issued an international bid to buy an estimated 100,000 metric tonnes of grade 1 milling grain to be sourced in the United States. The deadline for submitting price offers is the 27th of March.
Posted to Maritime Reporter
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March 23, 2025
On Sunday, the defending series champions Spain dominated the second day of SailGP's fifth round. Diego Botin led his team to victory in a thrilling final against Canada and France. The Spaniards won their first race of the season by winning two of the seven races over the weekend.
Posted to Maritime Reporter
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March 23, 2025
After discussions with Ukrainian diplomats on Sunday, a U.S. delegation will meet with Russian officials to discuss progress towards a Black Sea ceasefire as well as a wider cessation in violence in the Ukraine war. The so-called "technical talks" come as U.S.
Posted to Maritime Reporter
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March 23, 2025
The regulatory freeze imposed by President Donald Trump has created chaos and uncertainty in a number lucrative American fisheries. This could delay the start of the fishing season on the East Coast for fleets of cod and haddock. Interviews…
Posted to Maritime Reporter
on
March 21, 2025
The price of European wheat fell on Friday due to Black Sea competition as well as a drop on U.S. market. Euronext's benchmark May milling grain was down by 0.3% at 1500 GMT, to 226.00 Euros ($244.42) per metric ton. The price was set to rise…
Posted to Maritime Reporter
on
March 21, 2025
A poll conducted on Friday revealed that 72% of Americans said the U.S. could not remain dependent on China or other foreign shipbuilders. Morning Consult conducted a survey on March 10-12 of 2,204 adults for the Alliance for American Manufacturing.
Posted to Maritime Reporter
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March 21, 2025
CME Group, a financial markets operator, is developing plans to create a Black Sea Wheat Futures Contract that tracks Romanian and Bulgarian wheat prices. CME, the company that has U.S. Corn, Wheat and Soybean Futures that serve as global benchmarks for prices…
Posted to Maritime Reporter
on
March 21, 2025
Carnival Corp, the cruise operator, raised its profit forecast for 2018 on Friday. The company benefited from increased ticket prices, strong advance bookings, and strong customer spending on board. Although cruise ticket prices are on the rise…
Posted to Maritime Reporter
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March 19, 2025
Houthi media reported that the U.S. conducted airstrikes overnight on multiple targets in Yemen, including Saada Province, which Yemeni officials say has been a hideout for Houthi leadership for many years, and Hodeidah port city on the Red Sea.
Posted to Maritime Reporter
on
March 19, 2025
Chicago wheat fell on Wednesday after the top grain exporter, Russia, agreed to temporarily stop attacking energy installations in rival supplier Ukraine. However it refused to endorse a complete ceasefire. The corn market fell again, mainly…
Posted to Maritime Reporter
on
March 18, 2025
The benchmark wheat price on Euronext dropped on Tuesday. This was due to the continued strength of the euro, and a more subdued market in Chicago. Traders were watching U.S.-Russian negotiations aimed at a ceasefire agreement in Ukraine. Euronext's…
Posted to Maritime Reporter
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March 18, 2025
According to a letter from a police source released on Monday, the parents of an Indian student who attended a U.S. college and went missing from a popular Dominican Republic tourist resort earlier this month have asked for police to declare their child legally dead. The investigation remains open.
Posted to Maritime Reporter
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March 18, 2025
The Crimean Peninsula, which Russia took from Ukraine in 2014., is the focal point of the most serious East-West conflict since the Cold War. It was widely believed that the fate of Crimea, and four provinces in which Russia has taken territory since it invaded Ukraine in 2022…
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March 16, 2025
Sonar operators in the control room on the American Virginia-class attack submarine USS Minnesota off the coast of Western Australia adjust to the chattering of dolphins. This is a new area where U.S. subs will be increasing their presence.
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March 15, 2025
Peter Burling, the skipper of New Zealand's SailGP team, took two victories out of four races in the sunny and breezy conditions of Los Angeles Harbour on Saturday. New Zealand, which won the first race in Dubai, took the top spot on the final day with 31 points.
Posted to Maritime Reporter
on
March 13, 2025
According to a Thursday statement, the China Shipowners' Association is against a U.S. proposal that would impose hefty entry fees at ports on ocean cargo carriers who own vessels or have ordered them from China. The association says it violates both international laws and U.S. law.
Posted to Maritime Reporter
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March 12, 2025
The Panama Canal Authority's Ricaurte Vaquez said in a Wednesday video conference that the fees for vessels passing through the canal this year were 15% lower than last year, as the waterway has more capacity. A severe drought that will occur…
Posted to Maritime Reporter
on
March 11, 2025
A senior executive of Nigeria's national oil company NNPC told reporters on Tuesday that Nigeria would be able meet OPEC production targets. Udobong Nitia is the executive vice president for upstream at NNPC. He said that after years of not meeting OPEC quotas Nigeria finally met them in January.
Posted to Maritime Reporter
on
March 11, 2025
Saudi Arabia and Russia, the top crude oil exporters in Asia, are boosting their cargoes for the region that is world's largest importer. China, which is the largest oil importer in the world, has emerged as the ground zero of the two exporters…
Posted to Maritime Reporter
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March 11, 2025
The spokesperson for the Sri Lankan cabinet said that the country has not changed its position on doing business in India with the Adani Group, and it welcomes any investment opportunities offered by the conglomerate. U.S. prosecutors indicted…
