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Fire extinguished on oil tanker safely moored in northern German port

Posted to Maritime Reporter on October 12, 2024

The city of Rostock said that maritime rescue services and firefighter in Germany's Baltic Sea extinguished an oil tanker fire and brought it safely into its port. The ship is safely moored...there's no fire. "The tanker was dragged in Rostock's overseas port early this morning…

Cubans who are missing after "invisible" shipwrecks while en route to the US cause a painful void in their home

Posted to Maritime Reporter on October 12, 2024

Mayra Ruiz, a Cuban mother, wakes up every day wondering if she will hear from her son Maiquel Gonzalez. Gonzalez vanished without a trace on December 20, 2022, along with 28 family members and friends who fled to Florida in a homemade boat.

Sailing-Britain will face Italy in the final of the first America's Cup women

Posted to Maritime Reporter on October 11, 2024

Italy and Britain qualified on Friday for the first America's Cup women's event, beating four other teams after a tight semi-final match. The sun was setting over Barcelona as the race to reduce the six boats to just two came down to the last minute.

Italy will face Britain in the first America's Cup women's cup

Posted to Maritime Reporter on October 11, 2024

After a close semi-final, Italy and Britain qualified on Friday for the inaugural America's Cup women's event. The sun was setting over Barcelona as the six-boat fleet battled it out to be the last two. The black-sailed AC40 monohulls were lifted…

Officials say that Ukraine's grain exports in 2024/25 will fall to 40 million tonnes due to a smaller crop.

Posted to Maritime Reporter on October 11, 2024

The first deputy minister of agriculture Taras Vysotskiy stated on Friday that Ukraine's grain exports in 2024/25 are expected to drop to 40 million metric tonnes from nearly 51 million tons in the previous year due to a smaller crop. Vysotskiy…

South Korea's NOFI purchases about 60,000 T of soymeal from traders

Posted to Maritime Reporter on October 11, 2024

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc. purchased up to 60 000 metric tons soymeal at an international auction on Friday. The seller could also supply the product from the United States, or China.

Officials say that Ukraine's grain exports in 2024/25 will fall to 40 million tonnes due to a smaller crop.

Posted to Maritime Reporter on October 11, 2024

The first deputy minister of agriculture Taras Vysotskiy stated on Friday that Ukraine's grain exports in 2024/25 are expected to drop to 40 million metric tonnes from nearly 51 million tons in the previous year due to a smaller crop. Vysotskiy…

British 18-year old sets sights on America's Cup

Posted to Maritime Reporter on October 10, 2024

Kai Hockley is the youngest member on the British America's Cup sailing squad. He may be only 18 years old, but as the team's first intern, he's determined to make it to the top of the sport. Hockley began his journey to Barcelona in north London…

The Spanish weatherman plotting Britain’s path to glory

Posted to Maritime Reporter on October 10, 2024

The bid by Britain to win the America's Cup, the first in the 173-year-old history of the event, has not been cheap. But all the latest technology would be useless without an age-old skill: meteorology. One of the key players of the world class…

Market sources claim that Russian strikes on Ukraine’s ports have increased insurance rates.

Posted to Maritime Reporter on October 10, 2024

Insurance sources and a broker reported on Thursday that a series of Russian missile attacks on Ukrainian Black Sea port infrastructure, as well as commercial vessels, has caused a spike in insurance rates and forced some shipowners cancel bookings.

South Korea's FLC purchases 60,000 metric tonnes of soymeal from traders

Posted to Maritime Reporter on October 10, 2024

Feed Leaders Committee, a South Korean import group, purchased up to 60 000 metric tons soymeal on Thursday. The soymeal could have been sourced in South America or the United States and China. They said that the FLC purchased from Cofco at a price of $398.50 per metric ton, c&f.

Market sources claim that Russian strikes on Ukraine’s ports have increased insurance rates.

Posted to Maritime Reporter on October 10, 2024

Insurance sources and a broker reported on Thursday that a series of Russian missile attacks on Ukrainian Black Sea port infrastructure, as well as commercial vessels, has caused a spike in insurance rates and forced some shipowners cancel bookings.

Jordanian traders claim that they will buy up to 120,00 T of feed barley.

Posted to Maritime Reporter on October 10, 2024

European traders reported on Thursday that Jordan's state grain buyer had issued an international tender for the purchase of up to 120,000 tons of animal feed barley. The deadline to submit price proposals in the tender is October 16. Jordan's failure to purchase 120…

EU wheat prices ease after weather and demand rally

Posted to Maritime Reporter on October 9, 2024

The European Wheat Futures closed slightly lower on Tuesday as technical resistance and the competition from Black Sea wheat supplies offset a rally fueled by weather risks and demand by importers. The December wheat price on Paris' Euronext…

Citi is optimistic about the strong growth indicators.

Posted to Maritime Reporter on October 9, 2024

The shares of U.S. Cruise Operators, including Norwegian Cruise Line Holdings surged during the midday session on Wednesday, as brokerage Citi becomes bullish about the long-term prospects for these companies. Norwegian Cruise shares rose as…

Egypt's wheat reserve is enough to last more than five and a half months, says PM

Posted to Maritime Reporter on October 9, 2024

The Prime Minister Mostafa Mdbouly stated on Wednesday that Egypt has enough wheat reserves to last more than five-and-a half months. He also said Egypt was building reserves as a preventative measure, as tensions in the region escalate. He…

New Zealand to prepare for "trigger pull" in America's Cup Duel with Britain

Posted to Maritime Reporter on October 9, 2024

New Zealand has been analysing Ben Ainslie's race patterns, honed their technique, and made subtle final adjustments to their AC75 sails and foils as the America's Cup holder prepares for the British challenge. Grant Dalton, CEO of the New Zealand team…

Jordan does not purchase 120,000 T of barley, traders claim

Posted to Maritime Reporter on October 9, 2024

European traders claim that Jordan's state grain purchaser is not believed to have purchased any barley in the international tender for animal feed barley, which closed on Tuesday. The trading houses that participated were believed to include Viterra, Ameropa, and Olam.

Jordanian traders report that 3 people participated in the 120,000 T barley auction.

Posted to Maritime Reporter on October 9, 2024

Traders said that three trading companies have so far been reported to be participating in the international bid of Jordan's state grain buyer for up to 120,000 tons animal feed barley to be purchased on Wednesday. Viterra, Ameropa, and Olam…

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

Posted to Maritime Reporter on October 9, 2024

European traders reported on Wednesday that Jordan's state grain purchaser has issued an international bid to purchase up to 120,000 tons of milling Wheat sourced from optional sources. The deadline to submit price offers is October 15. Traders…

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