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Rugby-Evergreen nonu resigns with Toulon at age 43

Posted to Maritime Reporter on July 8, 2025

Ma'a Nonu, a New Zealander who played for the New Zealand national team in the 1990s and 2000s, has signed a new one-year contract with Toulon. In February, the evergreen centre surprised Toulon by making a return. He was brought in as medical…

Goodchild's breakthrough IMOCA win makes waves for Britain

Posted to Maritime Reporter on July 7, 2025

Sam Goodchild, a British skipper, has won his first race in the IMOCA class. He led MACIF Sante Prevoyance in the Course des Caps – a 1,800 nautical mile race around Britain and Ireland. Goodchild, who took the lead at Fastnet Rock, off the southwest tip Ireland, never relinquished it.

EU wheat prices ease in U.S. holiday season

Posted to Maritime Reporter on July 4, 2025

The European Wheat Futures dipped on Friday, easing from a week-high. A U.S. Holiday robbed the market of its usual energy and positive harvest prospects. Slow exports also weighed down prices. As of 1618 GMT, September wheat prices on Euronext…

Onuachu side sign by Super Lig, Tall Paul towers to Trabzon and back.

Posted to Maritime Reporter on July 4, 2025

Paul Onuachu, the Nigerian striker who had been on loan at Southampton for a year and a half, has now moved permanently to Trabzonspor. The Saints fans nicknamed him "Tall Paul", but the forward, who stands at 2.01 metres, never really found his feet in the Premier League.

Handelsblatt: German government does not plan to buy stake in TKMS

Posted to Maritime Reporter on July 2, 2025

Handelsblatt, citing sources within the German government, reported that there are no current plans for the new government to acquire a stake in Thyssenkrupp’s defence division TKMS. According to the report the Chancellery and the Ministries…

Germany takes additional measures to combat Russia's "shadow fleet"

Posted to Maritime Reporter on July 1, 2025

The German Foreign Ministry announced on Tuesday that it would take additional measures against Russia's "shadow fleet", which operates in the Baltic Sea and North Sea. Western sanctions designed to cut Russia's oil revenue following its invasion in Ukraine have resulted in the growth of a vast…

Powerboat racing E1 is looking for new investors to finance growth by adding more boats

Posted to Maritime Reporter on July 1, 2025

The E1 World Championship in electric powerboat racing is looking for 20 million euros (about $23,55 million) to help fund its growth. This series has already been backed by many of the biggest names in sports and entertainment. The team owners include Will Smith…

One dead and more missing following a migrant shipwreck near Lampedusa, Italy

Posted to Maritime Reporter on June 30, 2025

A U.N. official reported on Monday that one woman had died, two were missing, and 87 migrants were rescued after a shipwreck near the Italian island Lampedusa. Lampedusa is located between Tunisia and Malta, and the larger Italian Island of Sicily.

As the heatwave continues, low water levels are hampering shipping on Germany's Rhine River.

Posted to Maritime Reporter on June 30, 2025

Commodity traders reported on Monday that a heatwave in Western Europe had lowered the water level on Germany's Rhine River. This has affected shipping and increased freight costs for cargo owners as their vessels could not sail fully loaded.

Irish sisters rewrite playbook for elite youth worlds

Posted to Maritime Reporter on June 27, 2025

Three Irish sisters are rewriting history at the Optimist World Championship, a regatta that is forming the future of sailing. Maeve Donagh, Emily Donagh and Lily Donagh will represent Ireland in the 2025 edition at Portoroz. Together with teammates Charlotte Crosbie…

European Defence Stocks Rise on NATO Spending Promise

Posted to Maritime Reporter on June 26, 2025

The shares of European defence companies rose on Thursday, after NATO leaders supported the demand for increased defence spending by U.S. president Donald Trump on Wednesday. At 0814 GMT on Friday, German company Rheinmetall, and Italian Fincantieri…

After a health scare to the Frenchman, Goodchild takes over as British captain of MACIF

Posted to Maritime Reporter on June 24, 2025

The team announced on Tuesday that French sailing legend Charlie Dalin would miss the entire racing season of 2025 due to health issues. British skipper Sam Goodchild will take over the helm at the IMOCA MACIF Sante Prevoyance Yacht. Despite this year's Vendee Globe champion being absent…

EU wheat prices fall as fears of war fade and harvest approaches

Posted to Maritime Reporter on June 24, 2025

Euronext Wheat Futures dropped sharply on February 2, as traders reported that a tentative ceasefire agreement between Israel and Iran reduced war concerns, while the build-up to large harvests in Northern Hemisphere was maintaining supply pressure.

Oil drops 1% from 5-month highs amid Mideast conflict

Posted to Maritime Reporter on June 23, 2025

Oil prices dropped 1% on Monday, after reaching a five-month peak. Markets were trying to gauge the effect of U.S. airstrikes on Iran over the weekend on the transit of oil and natural gas through the Strait of Hormuz. Brent crude futures fell 70 cents or 0.9% to $76.31 per barrel at 10:46 am ET.

Italy has frozen Russian oligarchs assets worth more than $2.6 billion

Posted to Maritime Reporter on June 23, 2025

Data provided by Italian authorities shows that Italy has frozen Russian assets worth around 2.3 billion euro ($2.64 billion), with the latest seizures taking place at the beginning this month. Italy has seized bank accounts, yachts, luxury…

Thyssenkrupp CEO gets new 5-year contract

Posted to Maritime Reporter on June 20, 2025

Thyssenkrupp's CEO Miguel Lopez received a five-year extension, the German conglomerate announced on Friday. The company also set a date in the summer for an extraordinary general assembly to allow shareholders to approve the planned listing.

Luna Rossa welcomes America's Cup winner Burling after Team NZ split

Posted to Maritime Reporter on June 20, 2025

The team announced that Peter Burling, a three-time America's Cup winner and helmsman of New Zealand's Luna Rossa, has left New Zealand to join the Italian team Luna Rossa ahead of the 2027 edition sailing's most prestigious event. The 38th America's Cup will be held in Naples, Italy.

Maersk shipping company temporarily suspends Haifa port visits

Posted to Maritime Reporter on June 20, 2025

Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.

China criticizes British warships' 'troublemaking" Taiwan Strait Transit

Posted to Maritime Reporter on June 19, 2025

China's military condemned on Friday the sailing of a British ship through the Taiwan Strait, saying that it was a deliberate effort to "cause troubles", and undermined the peace and stability in this region. The Royal Navy of Britain said that…

Oil trader 2Rivers (formerly Coral Energy) stops trading

Posted to Maritime Reporter on June 19, 2025

The company announced on Thursday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has stopped its trading activities due to UK sanctions. Western powers have imposed sanction on Russia's traders and fleet, accusing them…