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May 12, 2025
A company director stated on Monday that the trading arm of Mexico’s state company Pemex (PMI) anticipates a decrease in crude oil exported this year, as more will go to local refineries and especially the new Olmeca Refinery. Margarita Perez…
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May 12, 2025
SailGP announced on Monday that all repairs and upgrades of the 12 wingails on the F50 Catamarans would be completed before the New York Sail Grand Prix. SailGP cancelled the Rio event in last month because of a defect in its wingsail, which…
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May 12, 2025
SailGP announced on Monday that all repairs and upgrades of the 12 wingails on the F50 Catamarans would be completed before the New York Sail Grand Prix. SailGP cancelled the Rio event in last month because of a defect in its wingsail, which…
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May 12, 2025
Fincantieri announced a 53.5% increase in its first-quarter core profits to 154 millions euros ($170.72million), driven by a strong performance in all segments, especially in shipbuilding and increased revenues in defence. Fincantieri, based in Trieste…
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May 12, 2025
European traders reported on Monday that the Algerian state agency ONAB had issued a tender for a new international purchase of up to 320,000 tons of animal feed grain sourced only from Argentina or Brazil. They said that the deadline for submitting price offers is May 13th.
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May 12, 2025
Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…
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May 9, 2025
According to a White House spokesperson, President Donald Trump will sign on Friday a proclamation that restores commercial fishing access at a marine monument off New England. The move aligns with the Trump Administration's efforts to reduce…
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May 9, 2025
According to a White House spokesperson, U.S. president Donald Trump will issue on Friday a proclamation to restore commercial fishing access to the marine national monument located off New England. The proclamation will reopen the nearly 5…
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May 9, 2025
Charlotte Yven became the first woman in history to win the Transat Paprec two times, crossing the Caribbean finish with co-skipper Hugo Dhallenne. This was after a nail biting final that saw all 13 top boats finish within 3 hours of one another.
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May 9, 2025
Charlie Dalin is aiming to defend his IMOCA Globe Series championship with the same methodical precision he has made his trademark for offshore racing. The 40-year old French skipper who shaved nine days from the previous record for the round…
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May 9, 2025
China's crude oil imports in April slowed compared to the previous month, but increased 7.5% compared to a year ago due largely to an abundance of shipments sanctioned by the government and because state refineries built up stocks during maintenance shut-downs.
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May 8, 2025
The new US ambassador in Panama, who was appointed on Thursday, pledged to further strengthen the ties between the Central American nation and the United States while highlighting China as a threat to all. "My first priority will be to enhance…
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May 8, 2025
European wheat prices dropped on Thursday, returning to contract lows as rain forecasts for Black Sea crops increased the prospect of more export competition. Dealers waited for planned U.S. China trade talks. The benchmark September milling…
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May 8, 2025
The European wheat market fell Wednesday, as the rain forecasts for Black Sea crops increased the prospect of export competition. Dealers were also awaiting planned U.S. China trade talks scheduled this weekend. U.S. Wheat Futures in Chicago fell as well, further reducing Euronext's prices.
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May 8, 2025
European traders reported that the Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal on Thursday in an international auction. The soymeal was expected to come from South America. It is believed that the FLC purchased from Cargill, a trading house.
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May 8, 2025
Shipping group A.P. Moller-Maersk reported a first-quarter operating income that was above expectations on Thursday and maintained its profit forecast for the full year. In a press release, CEO Vincent Clerc stated that "we delivered strong results in comparison to the same quarter of last year.
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May 8, 2025
According to European traders, the Korea Feed Association in South Korea purchased between 65,000 and 70,000 metric tonnes of animal feed corn from optional origins on Wednesday in a private transaction without launching an international tender.
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May 7, 2025
EU sources confirmed on Wednesday that the European Commission had proposed adding 15 new entities and persons to its sanctions framework, including individuals suspected of using chemical weaponry in Ukraine as well as Russian hybrid threats.
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May 7, 2025
In the next few weeks, the recovery of British tech-tycoon Mike Lynch’s superyacht will begin. This will shed some light on the mystery of how an allegedly unsinkable vessel ended up in the sea back in August. In just 16 minutes, the Bayesian capsized from the stern and sank…
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May 7, 2025
Israel Aerospace Industries, a state-run company, announced on Wednesday that it had signed a contract to sell the BlueWhale system of autonomous submarines to the Greek Navy. IAI did not disclose financial details. BlueWhale is a large uncrewed…
