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FAO: World food prices highest since 2022, as supply concerns increase

Posted to Maritime Reporter on September 4, 2026

The United Nations Food and Agriculture Organization reported on Friday that the world food price rose to its highest level since late '2022. This was due to adverse weather and a war in?the Black Sea which heightened concerns over staples.

Weekend Reads - Ghost data centers and critical-minerals, Treasury's debt, Treasury's debt.

Posted to Maritime Reporter on September 4, 2026

Want to find inspiration? Every Friday, Weekend Reads highlights what the Open Interest team have been reading, watching, and listening to. This week's selections include AI's growing footprint, ghost data centers, critical minerals and China's energy transition. This weekend we are reading...

EU wheat drops after Putin's hint at peace deal

Posted to Maritime Reporter on September 3, 2026

The price of European wheat dropped sharply after Russian President Vladimir Putin said there was a possibility for a peace deal to end the conflict in Ukraine. Later, the optimism over a possible agreement faded. At 1636 GMT, December?milling whey…

GRAINS-Chicago Wheat pares gains after reaching multi-year high due to Black Sea supply concerns

Posted to Maritime Reporter on September 2, 2026

Chicago 'wheat' futures retreated on Wednesday from the contract peaks reached during overnight trading and the multi-year highs achieved in the previous session as traders booked profits and considered the latest developments that affect 'Black Sea grain exports.

The deputy foreign minister of Russia says that Russia does not see any reason to resume the Black Sea grain agreement

Posted to Maritime Reporter on September 1, 2026

Alexander Grushko, deputy foreign minister, told reporters that Russia does not see any grounds for the Black Sea grain agreement to be resumed, as Russia and Ukraine continue to attack each other's grain export facilities. The United Nations…

ROI-Efficiency, or resilience? Joachim Klement: Democracies must choose one.

Posted to Maritime Reporter on September 1, 2026

Business and government have long sought to maximize efficiency. The pandemic, the trade wars, and the armed conflict have called this into question. They've also highlighted the importance of resilience. But this comes at a price, one that many elected officials are not willing to pay.

GRAINS-Chicago Wheat reaches multi-year high after Russia rejects Black Sea Grain Plan

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 recovered from earlier…

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…

Paris wheat prices fall on hope for Black Sea shipping agreement

Posted to Maritime Reporter on August 31, 2026

European wheat prices fell sharply Monday as profit-taking after Friday's contract highs was sparked by renewed remarks?by Turkey regarding seeking a diplomatic resolution to?stop the war disruption of Black Sea grain transportation. At 1630 GMT on Friday…

Tunisia recovers the bodies of the last missing migrants on sunken boat

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.

Bulgaria will receive seven minehunting ships from Belgium and Netherlands for Black Sea protection

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.

CMB.Tech core profit doubles due to Hormuz disruption, which increases tanker rates

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.

London Police hail their expanded fleet of e-bikes as a 'game changer" against phone theft

Posted to Maritime Reporter on August 26, 2026

The Metropolitan Police in London launched a new fleet of ebikes this week to combat street crime, such as thefts of phones. One senior officer described the move as "a game changer" for tackling criminals who commit crimes on the streets. The…

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.

Tunisia Coast Guard recovers eight bodies from migrants whose boat capsized

Posted to Maritime Reporter on August 23, 2026

A spokesperson for the National Guard said that the Tunisian Coast Guard recovered the bodies of 8 Tunisian migrants whose boat had sunk at the weekend while en route to Italy. The'search' continues for six other people who are still missing.

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