Marine Link
Sunday, December 14, 2025

Maritime Blogs

British take the lead in America's Cup race over Italy

Posted to Maritime Reporter on October 2, 2024

On Wednesday, Britain won a close quarters battle against Italy to gain a series lead of 5-4. Ben Ainslie, the British co-helm of both AC75 "foiling" boats that bounced around in rough seas near Barcelona, said they were trying to stay on their hydrofoils while being on a knife edge.

Egypt increases local wheat purchase price by 10%

Posted to Maritime Reporter on October 2, 2024

The government announced on Wednesday that Egypt had increased its local wheat purchase price by 10%, to 2,200 Egyptian pound ($45.51), per 150 kilograms (ardeb). Hossam El Gahary, vice-chairman of the General Authority for Supply Commodities and state buyer…

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

Posted to Maritime Reporter on October 2, 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. Viterra, Bunge Ameropa, and Al Dahra are believed to have participated. The prices offered were not disclosed.

Jordanian traders report that Jordan has 4 participants in the 120,000 T barley auction.

Posted to Maritime Reporter on October 2, 2024

According to traders, four trading companies have so far participated in the international bid of Jordan's state grain buyer for up to 120,000 tons animal feed barley to be purchased on Wednesday. Traders said that Viterra, Bunge Ameropa, and…

Scott, a British SailGP skipper, jumps ship and sails to Canada with a new owner

Posted to Maritime Reporter on October 2, 2024

The SailGP team announced on Wednesday that Greg Bailey, an entrepreneur from Canada, had acquired the Canadian catamaran. Giles Scott is the British skipper. Scott's move is a major break for the two-time Olympic gold medalist, who replaced Ben Ainslie…

Algeria offers to purchase up to 320,000 t of corn, traders claim

Posted to Maritime Reporter on October 2, 2024

European traders reported on Wednesday that the Algerian state agency ONAB had issued an international tender for up to 320,000 tons of animal feedcorn sourced only from Argentina or Brazil. They said that the deadline for submitting price offers to the tender is Thursday October 3.

Ukraine barley exports reached 200,000 T in Oct, says producers' union

Posted to Maritime Reporter on October 2, 2024

Ukraine exported 207,000 tons of barley to Ukraine in September, and the union of Ukrainian farmers UAC predicted that this volume will likely be maintained in October. Ukraine has a long history of barley production and export. UAC stated in…

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

Posted to Maritime Reporter on October 2, 2024

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is October 8. Traders had expected a new announcement after Jordan failed to purchase 120…

Officials warn German ships who passed through Taiwan Strait

Posted to Maritime Reporter on October 2, 2024

German task group commander, who led the German Navy ships through the Taiwan Strait in October, said that the Chinese vessels were very attentive and sent repeated radio messages to the German Navy ships, but they did not engage in any unsafe behavior.

CNBC reports that Novo Nordisk has plans in place to mitigate the impact of port strikes on its business.

Posted to Maritime Reporter on October 1, 2024

CNBC, citing a spokesperson for the company, reported Tuesday that Danish drugmaker Novo Nordisk had mitigation plans in place in order to minimize or avoid any disruption in its production caused by sea port strikes in United States. Reports…

Fed's outlook is further impacted by the US port strike

Posted to Maritime Reporter on October 1, 2024

Officials at the U.S. Federal Reserve were also shocked by the COVID-19 pandemic, which has caused a massive disruption to global supply chains. They thought that the impact of backed-up container ships and disrupted ports would only cause "temporary" inflation.

Cambodia welcomes US Navy to port that was expanded with China’s help

Posted to Maritime Reporter on October 1, 2024

The Pentagon fears that the base will be used by the Chinese to establish an outpost in Cambodia. Sun Chanthol, the Deputy Prime Minster of Cambodia, told an event organized by a Washington think-tank that military from any country could visit the port after the base was completed.

Double act chemistry can calm the storm at America's Cup

Posted to Maritime Reporter on October 1, 2024

Francesco Bruni and Jimmy Spithill joke about being in a "couple" because their relationship is so intense. They share the steering of an Italian AC75, where they hope to compete against New Zealand for America's Cup. The pair were the first to use a 'co-helming' setup for the new…

Italian nosedive gives Britain a 4-3 lead in America’s Cup challenger Series

Posted to Maritime Reporter on October 1, 2024

The AC75 boat of Italy took a dramatic and high-speed nosedive in the latest race between Britain and their America's Cup Challengers on Tuesday. This caused damage to their carbon fiber decking, and gave their opponents an advantage and a 4-3 win.

Morocco will import more wheat than France from Russia in 2024/25: grain traders chief

Posted to Maritime Reporter on October 1, 2024

Omar Yacoubi, head of the Moroccan grain trader's association (FNCL), said that Russia will surpass France as Morocco's leading soft wheat supplier in 2024/25. Morocco must import 5 million tons of soft grain after a poor domestic harvest caused by drought, said the official.

Jordan has 5 bidders in the 120,000 T wheat auction, traders claim

Posted to Maritime Reporter on October 1, 2024

Initial assessments indicate that five trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer to buy 120,000 metric tonnes of wheat. They said that they believed the participants to be CHS Cargill…

Eversource reports $520 million loss for Q3 and lower proceeds from offshore Wind Sale

Posted to Maritime Reporter on September 30, 2024

Eversource Energy, a U.S. utility company, said Monday that it expects to incur a net loss of $520 millions on its divestment of offshore wind businesses in the third quarter. In a press release, the company stated that the forecasted loss net includes a liability in excess of $360 millions…

New Fortress Energy exports Mexico's first LNG cargo

Posted to Maritime Reporter on September 30, 2024

New Fortress Energy, a U.S. energy company that specializes in infrastructure development, said it shipped its first shipment of liquefied gas from Mexico to the United States on Monday. This was after the start-up of the floating facility worth $1 billion in the Gulf of Mexico had been delayed.

The battle for the America's Cup is a close one between Britain and Italy

Posted to Maritime Reporter on September 30, 2024

The America's Cup Challenger Series saw Britain and Italy battle it out in two close races on Monday. This leaves the event's first-to seven race at a finely balanced 3-3, as they prepare to face New Zealand's defenders for the coveted 'Auld Mug.

British take advantage of Italian error to lead America's Cup Challenger Series

Posted to Maritime Reporter on September 30, 2024

Britain took advantage of an Italian mistake in the America's Cup Challenger Series on Monday to gain a 3-2 edge in the race to face New Zealand and win the "Auld Mug". Race five of the series was a breeze-free affair, with the wind speed at Barcelona being below the maximum of 21 knots.