Posted to Maritime Reporter
on
August 30, 2026
Chicago wheat futures declined on Monday, after soaring to a?three-year high during the previous session due to?grain import disruptions in Black Sea Region. Corn and soybeans gained. Chicago Board of?Trade? (CBOT), the most traded wheat contract, fell 0.54% by 2100 GMT to $7.79-3/4 per bushel.
Posted to Maritime Reporter
on
August 30, 2026
Turkish Cypriot Media reported that one person died when a boat capsized with 270 people aboard off North Cyprus Sunday. Erhan Arikli, Turkish Cypriot Transport Minister, told Anadolu one person died when the ferry capsized. Erhan Arikli said that there were 267 passengers on board.
Posted to Maritime Reporter
on
August 30, 2026
Anwar Ibrahim, the Malaysian prime minister, announced measures on Sunday to combat rising living costs and support businesses. These included restoring higher quotas of subsidised petrol and Diesel?purchases as well as additional funding for schools and small traders.
Posted to Maritime Reporter
on
August 28, 2026
Chicago wheat futures reached a new three-year high on Friday as the market focused on military escalation along the Black Sea which threatens to put a squeeze on Russian and Ukrainian imports. Corn and soybeans reached 'new multi-year highs and lifetime contract highs.
Posted to Maritime Reporter
on
August 28, 2026
Chicago wheat futures reached a new three-year high on Friday as the market continued to focus on the military escalation in the Black Sea that threatens to put a squeeze on Russian and Ukrainian exports. Corn and soybeans reached new?multiyear highs. This was further supported by doubts about U.S.
Posted to Maritime Reporter
on
August 28, 2026
Gap's stock jumped by?about 22 percent in early Friday trading after the apparel retailer named industry veteran Michael Francis as CEO of Old Navy. Gap's largest brand, Old Navy, has been struggling to gain traction with select women's clothing categories over the past few quarters.
Posted to Maritime Reporter
on
August 28, 2026
According to the Sovecon consulting firm, domestic grain prices have fallen by 36% in Russia since June due to a stop in exports via the Black Sea and the Sea of Azov. This has squeezed farmers' margins when the new crop is introduced on the market.
Posted to Maritime Reporter
on
August 28, 2026
Gap shares jumped 14% on Friday premarket after Michael Francis, an industry veteran, was named CEO of Old Navy. The move is intended to reinvigorate the brand amid a 'challenging spending environment. Gap's largest?brand?, Old Navy, has struggled…
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…
Posted to Maritime Reporter
on
August 28, 2026
Seven cargo vessels passed through the 'Strait of Hormuz' on Thursday. This is down from 17 a day before and below the 15-ship average for the past 10 days, according to preliminary data released on Friday. Initial data from the shiptracker Kpler at 0315 GMT showed that seven vessels transited…
Posted to Maritime Reporter
on
August 28, 2026
Wheat futures at the Chicago Board of Trade CBOT?extended Friday's rally as traders monitored Black?Sea grain export disruptions in response to tit-fortat attacks. Corn and soybeans?also gained. * The Chicago Board of Trade's (CBOT) most traded…
Posted to Maritime Reporter
on
August 27, 2026
Gap appointed a new chief executive officer for Old 'Navy on Thursday to reinvigorate a struggling brand. The apparel retailer had raised its yearly?profit forecast based on strong sales at its namesake label. Shares of 'company? soared by 16%…
Posted to Maritime Reporter
on
August 27, 2026
Chicago wheat futures reached a three-year-high on?Thursday. This extended the previous session's limit up rally as fears about a prolonged disruption to the Black?Sea grains trade were fueled by reports that Russia?may increase its strikes against Ukraine.
Posted to Maritime Reporter
on
August 27, 2026
Chicago wheat futures rose?to a 3-year high on Thursday. This extended the previous session's limit up?rally. Reports that Russia could intensify its strikes against Ukraine fueled concerns of?prolonged interruptions to the massive Black?Sea grains trade.
Posted to Maritime Reporter
on
August 27, 2026
The Tunisian authorities announced on Thursday that they had recovered the remains of the last missing migrants from a boat which sank last week off the coast, bringing the total death toll up to 14. Tunisian Observatory for Human Rights said that the boat carried mostly young people.
Posted to Maritime Reporter
on
August 27, 2026
According to Yonhap News Agency, the HD Hyundai Heavy Industries Union has secured its legal right to strike after its members approved industrial action during a three-day vote that took place between August 25 and 27. The union reported that 5…
Posted to Maritime Reporter
on
August 27, 2026
Local media reported that Bulgaria approved the purchase seven minehunter vessels?from Belgium & the Netherlands. The 'NATO alliance is seeking to strengthen its capability to clear naval /mines & secure shipping routes in the Black Sea, according to local reports.
Posted to Maritime Reporter
on
August 27, 2026
According to data from the shipping industry and market sources, more barrels of South Sudan Dar Blend crude oil were returned to?the marine fuel blend pool in Singapore this month as demand for China's refined products decreased. As the month ended…
Posted to Maritime Reporter
on
August 27, 2026
CMB.Tech, a Belgian 'tanker' company, announced on Thursday that its core profit % for the second quarter had more than doubled. This was due to strong dry bulk and tanker prices as well as vessel sales in spite of a disruption caused by war.
Posted to Maritime Reporter
on
August 27, 2026
Data showed that shipping traffic in the Strait of?Hormuz rose slightly despite the?geopolitical standoff between the United States,?Iran and?Oman, as well as the?market monitoring?Iran's talks with Oman about the waterway. Kpler data showed…
