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Denmark will stop offshore wind tenders and revamp the subsidy model

Posted to Maritime Reporter on January 31, 2025

Denmark will stop all offshore wind tenders, as the current framework that does not offer subsidies is ineffective under the current market conditions. This was announced by its Energy Minister on Friday. Cost increases, interest rate hikes…

Norway Police arrests ship on suspicion Baltic Sea cable damage

Posted to Maritime Reporter on January 31, 2025

Norwegian police announced on Friday that they arrested a Norwegian vessel with a Russian crew, on suspicion of causing damage to an optical cable in the Baltic Sea. Tromsoe police, in Tromsoe city, north of Norway said that the arrest was made at the request by Latvian authorities.

Morocco bans German feed grain imports due to foot-and-mouth Disease

Posted to Maritime Reporter on January 30, 2025

The head of Morocco’s grain trade federation, FNCL, announced on Thursday that the country has halted its imports of feed from Germany due to an outbreak of foot and mouth disease. Omar Yacoubi said that the import ban was imposed on "all non…

Financial Times - Jan 30

Posted to Maritime Reporter on January 30, 2025

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. -British car parts group Dowlais agrees $1.49 bln U.S. -Harland & Wolff’s new Spanish owner Navantia will invest…

Wall Street Journal, Jan 28,

Posted to Maritime Reporter on January 28, 2025

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The cryptocurrency exchange KuCoin has pleaded guilty to allegations that it was operating as a money-transmitting company without a license in the U.S.

Storms in western France cause British sailors to be lost at sea

Posted to Maritime Reporter on January 27, 2025

French maritime authorities reported that a British sailor lost at sea was discovered after his yacht was wrecked near the southwest French coastline amid heavy storms on the weekend. Storm Herminia ravaged western France at the time of the search.

Two children die in Mediterranean shipwreck, 17 rescued, NGO says

Posted to Maritime Reporter on January 26, 2025

The German NGO Sea Punks reported on Sunday that 17 migrants were rescued from a shipwreck off the coast of the Mediterranean while two children perished. Sea Punks released a press release stating that the rescue occurred in the early morning…

Rolls-Royce wins $11 billion UK nuclear submarine contract

Posted to Maritime Reporter on January 23, 2025

The UK announced on Friday that it had awarded Rolls-Royce an 11 billion dollar contract for the design, manufacture and support of nuclear reactors powering its submarine fleet. The eight-year agreement will reinforce the Royal Navy’s continuous at sea deterrent…

Rio Tinto flags Q1 shipments struck after cyclone-induced rail interruptions

Posted to Maritime Reporter on January 23, 2025

cyclone Sean. of the steel-making commodity said. for three to 4 weeks for repair work, Rio said. maintaining its general shipment forecast for 2025. especially in the rain-stricken Pilbara region. from the Pilbara Ports Authority.

Ainslie leaves British America's Cup team

Posted to Maritime Reporter on January 23, 2025

Ineos Britannia announced on Thursday that Ben Ainslie had parted with the British America's Cup Team after his third attempt at leading his country to victory in October ended in failure. The British were hoping that Britain would win the "Auld Mug"…

German-Indian joint venture emerges as the sole bidder for India's $5 billion submarine deal

Posted to Maritime Reporter on January 23, 2025

According to a stock exchange filing, German shipbuilder ThyssenKrupp, along with its Indian partner, has cleared field trials in order to build six advanced conventional subs for the Indian Navy. An Indian defence source claimed that their potential competitor…

Tanger Med port in Morocco will handle 10.24 million containers by 2024

Posted to Maritime Reporter on January 22, 2025

Tanger Med Port in Morocco said Wednesday that it retained its position as the Mediterranean’s leading port, handling 10,24 million containers. This is an increase of 18.8% compared to a year ago. In June, the port reported that it expected…

Trump suspends new offshore wind leases

Posted to Maritime Reporter on January 20, 2025

Donald Trump has suspended federal offshore wind leasing until an economic and environmental review is completed. He said that windmills are ugly and expensive, and they harm wildlife. "We won't do the wind thing." Windmills that are big and ugly. "They ruin your neighborhood," said he.

An NGO claims that dozens of migrants could have drowned on their way to Spain via boat.

Posted to Maritime Reporter on January 16, 2025

Walking Borders, a group that advocates for migrants' rights, said Thursday that as many as fifty migrants who attempted to reach Spain via boat from West Africa drowned. Moroccan authorities rescued 36 people on Wednesday from a boat which had left Mauritania in January…

Italy, Albania and UAE sign agreement for energy subsea connection

Posted to Maritime Reporter on January 15, 2025

Italy, Albania and United Arab Emirates have signed a deal on Wednesday worth at least one billion euros ($1billion) for the construction of a subsea energy interconnection across the Adriatic Sea. "We believe strongly in this project, which…

Bretana crude, a niche oil from Peru, is gaining popularity in the US

Posted to Maritime Reporter on January 14, 2025

Bretana crude, a niche oil from Peru, is becoming increasingly popular in the United States. The first cargo was discharged in the U.S. Gulf Coast last month. U.S. refiners are looking for alternatives to Mexican heavy crude. Bretana is a heavy…

SailGP crews in New Zealand will be tested by faster foils as they chase a victory

Posted to Maritime Reporter on January 13, 2025

SailGP crews are tackling the new "T-foils", which have a higher speed, for the first in Auckland this weekend. This follows a successful outing of training on Monday. The L-shaped foils that have been in use since the league's start in 2019…

Dalin is on the verge of a record Vendee Globe win

Posted to Maritime Reporter on January 13, 2025

Charlie Dalin cruised to a record win in the Vendee Globe Challenge on Monday. A finish is expected early Tuesday morning at Les Sables d'Olonne. The Macif Sante prevoyance skipper was only 295 km away from the finish line at 1000GMT Monday.

Herrmann suffers a setback in the Vendee Globe Race as it nears its conclusion

Posted to Maritime Reporter on January 10, 2025

Boris Herrmann, Germany's Vendee globe sailor who is currently seventh in the race, was struggling with a headsail issue on Friday as the solo race neared its end. On Friday morning, the skipper of Malizia Seaexplorer found that a hook was broken and rendered the sail useless.

Germany secures oil-tanker that was adrift in the Baltic Sea

Posted to Maritime Reporter on January 10, 2025

Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…
The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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