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EU wheat prices with Chicago ease as rally fueled by China subsides

Posted to Maritime Reporter on November 19, 2025

Euronext Wheat prices fell Wednesday, in line with Chicago. A grain market rally sparked by Chinese purchases U.S. Soybeans faded as wheat traders shifted their focus back to the ample global supply. The most active contract, March wheat on the Paris Euronext exchange…

HP seeks $1.8 billion in damages from Mike Lynch’s estate following UK Autonomy lawsuit

Posted to Maritime Reporter on November 18, 2025

Hewlett Packard Enterprise's lawyers informed the London High Court that they are seeking to recover nearly $1.8 billion in damages from the estate of Mike Lynch, who died in 2003. This is due to HP's acquisition by HP of Autonomy, his British technology firm.

Normandy duo wins Class 40 glory with thrilling finish

Posted to Maritime Reporter on November 17, 2025

After one of the most exciting finishes in recent race history, Normandy sailors Guillaume Pirouelle (left) and Cedric Château (right) won the Transat Cafe L'Or Le Havre Normandie Class 40 division on Monday. After a 4,869 nautical mile journey from Le Havre in France via La Coruna in Spain…

Port fires sparked by Russian attack in Odesa, Ukraine

Posted to Maritime Reporter on November 17, 2025

Emergency services reported on Monday that a Russian attack in Ukraine's southern region Odesa caused fires to spread at ports and energy infrastructure. Oleksii Kulba, the Deputy Prime Minister of Restoration for Telegram, wrote that the attack…

Clipper crews face Roaring Forties crews in round-the-world race

Posted to Maritime Reporter on November 16, 2025

On Sunday, ten amateur crews participating in the fourth Stage of the 2025/26 Clipper Around the World Race left the safety of Cape Town and headed to the notorious "Roaring Forties". The race organizers acknowledge that the leg from Western…

Red Crescent reports that at least four migrants have died when two boats capsize near the coast of Libya

Posted to Maritime Reporter on November 15, 2025

The Libyan Red Crescent reported on Saturday that at least four people died when two boats with 95 irregular migrants capsized near the Libyan city of Al Khums, on Thursday. In a Facebook post, the Red Crescent confirmed that four migrants on board the first boat died.

Ainslie will reveal America's Cup support in a few weeks

Posted to Maritime Reporter on November 14, 2025

Ben Ainslie, a British sailing ace, expects to reveal within a few weeks who is funding his next America's Cup bid, and the team he will be bringing along for the event in Naples, Italy, scheduled for 2027. Ainslie has set himself the goal of "bringing the Cup home" from the United States…

US Coast Guard responds after Russian naval ship approaches waters near Oahu

Posted to Maritime Reporter on November 13, 2025

In a Thursday statement, the United States Coast Guard reported that it detected a Russian naval ship approximately 15 miles south of Oahu (24 km), near U.S. territory waters. The Coast Guard reported that a Coast Guard aircraft and cutter responded…

As US allies increase AI pipes, Australia's AUKUS Base will connect to subsea cable

Posted to Maritime Reporter on November 13, 2025

Documents viewed by reveal that Alphabet’s Google and SUBCO are quietly connecting Australia's AUKUS submarine fleet base, and the area around it, to three powerful undersea cables. HMAS Stirling, a naval base located on Australia's western coast, will be home to four Virginia submarines under U.S.

Hapag-Lloyd's CEO: Return to Suez Route not yet in Sight but Looking Closely

Posted to Maritime Reporter on November 13, 2025

Hapag-Lloyd, a German container shipping firm, said on Thursday that it has noted calmer conditions around the Suez Canal following a ceasefire during the Gaza conflict. However it will not reopen sailings until the canal is safe. In a conference call with analysts…

Turkey: it is too early to determine what caused the deadly military plane crash

Posted to Maritime Reporter on November 13, 2025

The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday…

Turkey: Too early to determine what caused deadly plane accident

Posted to Maritime Reporter on November 13, 2025

The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday.

As US allies increase AI pipes, Australia's AUKUS Base will connect to subsea cable

Posted to Maritime Reporter on November 13, 2025

Documents viewed by reveal that Alphabet’s Google and SUBCO are quietly connecting Australia’s AUKUS submarine fleet base, and the area around it, to three powerful undersea cables. HMAS Stirling, a naval base located on Australia's western coast, will be home to four Virginia submarines under U.S.

Three migrants killed in shipwreck near Gavdos (Greece) and more missing

Posted to Maritime Reporter on November 12, 2025

The coast guard is still searching for missing people on Wednesday after three migrants drowned in their boat that capsized off the southernmost island of Greece, Gavdos. A coast guard official confirmed that 56 people had been rescued so far…

IOM: At least 42 migrants presumed dead after boat capsizes in Libya

Posted to Maritime Reporter on November 12, 2025

The International Organization for Migration reported on Wednesday that at least 42 migrants were missing and presumed to be dead after a rubber-boat capsized near the coast of Libya. Seven survivors were rescued by the Libyan authorities after six days of drifting at sea.

Fincantieri's core profit increases by 40% in nine-month period

Posted to Maritime Reporter on November 12, 2025

The Italian shipbuilder Fincantieri announced on Wednesday that its core profit for the nine months ended September grew by 40%, largely due to growth across all its business segments. The group's revenue for its defence unit increased 39% year…

UK bans maritime services for Russian LNG Exports

Posted to Maritime Reporter on November 11, 2025

In its latest effort to aid Ukraine in its fight against Russia, Britain will ban companies that provide services like shipping and insurance to Russian exports of liquefied gas. The European Union approved sanctions in October that will ban Russian LNG imports starting January 1, 2027.

Paris wheat drifts downward on French holiday and export competition

Posted to Maritime Reporter on November 11, 2025

The European Wheat Futures in Paris fell on Tuesday due to the public holidays in France, the United States and also the intense price competition that west EU wheat faces in the export markets of the Black Sea Region and South America. On Paris-based Euronext…

Paris wheat falls on French holiday as U.S. prices weaken

Posted to Maritime Reporter on November 11, 2025

The European wheat futures were lower in Paris on Tuesday due to the public holidays that took place in France and in the United States. Chicago's weaker U.S. market also impacted sentiment. The tough price competition west EU wheat faces in…

China refiner Yanchang Petroleum rejects Russian oil at latest tender, traders claim

Posted to Maritime Reporter on November 11, 2025

Two traders who are familiar with the matter confirmed on Tuesday that Yanchang Petroleum, a refiner backed by the Chinese provincial government and delivering crude oil between December to mid-February is not using Russian oil. Yanchang in Shaanxi province…

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