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GRAINS-Wheat reaches a one-week low due to strong Black Sea Exports

Posted to Maritime Reporter on September 9, 2024

Chicago wheat prices dropped to their lowest level in a week on Monday, as exports from the Black Sea Region kept the market defensive. The price of corn eased, while the price of soybeans increased ahead of a report on supply and demand from the U.S.

Media report that six bodies were found near the coast of Sicily, and they are likely victims of a recent shipwreck involving migrants.

Posted to Maritime Reporter on September 8, 2024

Italian media reported that the Italian coast guard had recovered six bodies near the coast of Sicily. The bodies are believed to be among the 21 people who were missing after a shipwreck involving migrants earlier in the month. Italian Coast Guard said that on Wednesday…

Sheinbaum, Sheinbaum: Mexico names Sheinbaum as defense minister and Navy chief

Posted to Maritime Reporter on September 6, 2024

Claudia Sheinbaum, the Mexican president-elect, announced Friday her choices for the top military leaders of the country when she assumes office in the next month. She named General Ricardo Trevilla to be the defense minister and Adm. Raymundo Morales as the leader of the Navy.

United States Gulf Coast-bound fuel oil freights hit 5-yr low as refinery need compromises

Posted to Maritime Reporter on September 6, 2024

the U.S. have softened, experts said. gasoline and diesel utilizing secondary units. But loadings of those items to the Gulf Coast, America's. biggest refining hub, fell by a 3rd in August from the previous. month to 260,000 barrels per day (bpd), according to information from.

FLC, a South Korean company, buys corn up to 68,000 t from the U.S.

Posted to Maritime Reporter on September 6, 2024

The Feed Leaders Committee of South Korea (FLC) bought between 66,000 and 68,000 metric tonnes of animal feed corn that was expected to come from the United States on Thursday in a late private deal without issuing a tender to international buyers, European traders reported on Friday.

"I've got you back," Taiwan's president tells warship sailors in combat readiness

Posted to Maritime Reporter on September 6, 2024

Lai Ching Te, Taiwan's president, told sailors on a warship that was ready for combat at a major naval base in the Taiwan Strait Friday that he would have their backs. He thanked them for protecting Taiwanese safety at a moment of increased tensions with Beijing.

Students at the U.S. Coast Guard Academy are seeking $130 million in damages for alleged sexual assaults

Posted to Maritime Reporter on September 5, 2024

On Thursday, more than a dozen ex-U.S. Coast Guard Academy (USCA) students who claim to have been sexually assaulted filed complaints seeking damages of $130 million. They accused the school of allowing such violence to continue unchecked. Former…

US Navy Secretary violated the law on political activities, says oversight agency

Posted to Maritime Reporter on September 5, 2024

The Office of Special Counsel stated on Thursday that U.S. Navy Sec. Carlos Del Toro had violated a federal law which limits political activity of federal employees by publicly urging people to vote for President Joe Biden, and criticizing former President Donald Trump.

EU wheat declines from 3-week high as Chicago rally stalls

Posted to Maritime Reporter on September 5, 2024

Euronext Wheat Futures fell on Thursday, after reaching a three-week high. A rally to cover shorts in Chicago failed and the competition from Black Sea wheat supplies was still strong. December wheat, which was the most active position on Paris' Euronext exchange…

Autopsies indicate that four victims of the Mike Lynch yacht suffocated to death.

Posted to Maritime Reporter on September 5, 2024

According to judicial sources, the initial examinations conducted on four of those who died when British tech tycoon Mike Lynch’s family yacht sank in Sicily last month showed that they had suffocated as the oxygen on board the vessel ran out.

The Royal Navy of the UK has confirmed that one person was killed when a helicopter ditched into English Channel

Posted to Maritime Reporter on September 5, 2024

The Royal Navy of Britain announced on Thursday that one person was killed after a helicopter forced to ditch in the Channel during an exercise. The Navy released a statement saying that a Royal Navy member died after a training accident last night.

Ukraine holds follow-up meeting on peace summit to address food security

Posted to Maritime Reporter on September 5, 2024

Ukraine announced that 75 countries and organizations have agreed on a "shared view" of the measures needed to guarantee an uninterrupted supply of Ukrainian agricultural goods and contribute to global food security. This is a major concern after Russia's invasion in 2022.

Traders say a group in Thailand purchased approximately 146,000 T of feed wheat.

Posted to Maritime Reporter on September 5, 2024

A group of importers in Thailand purchased approximately 146,000 metric tonnes of animal feed wheat from optional origins during a Wednesday-closed tender, European traders reported on Thursday. According to reports, the purchase involved two consignments of 73…

Low water levels on the Mississippi River impact barges and grain exports before harvest

Posted to Maritime Reporter on September 4, 2024

The U.S. Coast Guard reported on Wednesday that low water levels have caused several barges to run aground in a crucial stretch of the lower Mississippi River just as the busy U.S. grain-export season begins. Low water levels have slowed barge…

Seven migrants rescued and 21 still missing after shipwreck near Lampedusa, Italy

Posted to Maritime Reporter on September 4, 2024

Italian media and U.N. officials reported on Wednesday that seven people had been rescued, and 21 were still missing after a shipwreck of migrants off the coasts of Lampedusa and the Italian island. Reports said that the survivors were Syrians…

Canoeing Australia honours its first paddling family with Fox Island

Posted to Maritime Reporter on September 4, 2024

The New South Wales Government announced on Wednesday that an island in the whitewater centre being built for the 2000 Sydney Games will be named after Olympic champion paddlers Jess Fox and Noemie. Penrith Whitewater Stadium will host the Canoe Slalom World Championships in 2017.

Lightning strikes stops America's Cup race off Barcelona

Posted to Maritime Reporter on September 3, 2024

The officials had to stop racing for the day after a lightning storm during a qualifying match between New Zealand, the defending team, and Italy in form on Tuesday. A bolt hit the sea as Italy was leading New Zealand. As holders of the "Auld Mug"…

After power outage, VTTI oil terminal Rotterdam returns to normal operations

Posted to Maritime Reporter on September 3, 2024

VTTI’s oil storage facility in the Europoort region of the Port of Rotterdam is back to normal after a power failure at the port impacted it for a few hour earlier on Tuesday. Sources close to the issue said that the Service Terminal Rotterdam…

Electricity grid operator: power outage in Rotterdam area has been resolved

Posted to Maritime Reporter on September 3, 2024

The Netherlands' electricity grid operator TenneT reported that a power outage at the Rotterdam Port area affected the major petrochemical industries located there on Tuesday morning for several hours. However, the problem was resolved shortly after 1000 GMT.

Myanmar rice is the lowest priced in Indonesian tender, traders claim

Posted to Maritime Reporter on September 3, 2024

European traders reported on Tuesday that the lowest price in an international tender by Indonesian state purchasing agency Bulog for up to 350,000 tons of rice, was $545 per ton (cost and freight) for rice that is expected to come from Myanmar.

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