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Nine approved offshore wind projects move US closer to 2030 target.

Posted to Maritime Reporter on July 2, 2024

The U.S. The U.S. With the approval of the New Jersey project, the U.S. is now over a third way towards the 2030 target - an important part of President Joe Biden’s climate change agenda. Last year, high materials costs, high rates of interest and delays in the supply chain led Orsted…

Italian companies bridge the skills gap by owning their own education

Posted to Maritime Reporter on July 2, 2024

Federico Olivieri (29), a farm worker who had worked informally for years, was shocked to see a large building site next to his Sicilian home, with the training offered for the many specialised jobs needed. The Webuild programme is one of many 'academies…

British Business – July 2,

Posted to Maritime Reporter on July 2, 2024

These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Revolut's profits reached record levels last year, thanks to higher interest rates.

Bloomberg News: Russia sent Kilo submarine twice to Irish Sea.

Posted to Maritime Reporter on July 1, 2024

Bloomberg News reported Monday that Russian attack subs have carried out missions in the Irish Sea two times since the invasion of Ukraine in 2022, citing sources familiar with the issue. Reports indicate that the first deployment of the Russian…

Venezuelan oil exports in June were almost unchanged, at 760,000 barrels per day

Posted to Maritime Reporter on July 1, 2024

According to shipping documents and data, Venezuelan oil exports in June were mostly flat at 760,000 barrels a day (bpd), as U.S. licences supported the half of shipments for destinations within Europe and the U.S. Washington decided in April…

Maersk CEO: Red Sea disruptions will continue in Q3, Maersk CEO

Posted to Maritime Reporter on July 1, 2024

Maersk, a Danish shipping company, said that disruptions in container shipping via Red Sea will continue through the third quarter. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks…

Maersk CEO: Red Sea disruptions will continue in Q3

Posted to Maritime Reporter on July 1, 2024

Maersk, a Danish shipping company, said that disruptions in container shipping via Red Sea will continue through the third quarter. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks…

Yemen's Houthis claim they have targeted four ships that are 'linked to Israel, the US and UK'

Posted to Maritime Reporter on July 1, 2024

Yemen's Houthis announced on Monday they had conducted four military actions targeting four ships, including four in the Red Sea, Arabian Sea, Mediterranean Sea, and Indian Ocean, "linked to United States, United Kingdom, and Israel". Yahya Saarea…

Lebanon extends the deadline for licensing offshore oil and gas fields until next March

Posted to Maritime Reporter on July 1, 2024

The Lebanese Petroleum Administration announced on Monday that the energy ministry of Lebanon has extended until March 2019 the deadline for bids for offshore exploration rights. The government initially set a July 3, 2024 deadline for the bidding…

Saipem CEO: Saipem is working on French offshore wind project

Posted to Maritime Reporter on July 1, 2024

Alessandro Puliti, CEO of the Italian energy group Saipem, said that work has begun on the Courseulles-sur-Mer off-shore wind project in Normandy. The wind farm is expected to be completed by 2025. Financial analysts are closely monitoring Courseulles…

Maersk withdraws from bidding for Germany’s DB Schenker; shares spike

Posted to Maritime Reporter on July 1, 2024

Maersk, the Danish shipping company, said Monday that it was no longer interested in purchasing DB Schenker because integrating this logistics firm would present too many challenges. Maersk had previously stated that it would consider buying the logistics division of Deutsche Bahn…

Officials from Turkey and Somalia are facilitating talks about a port deal.

Posted to Maritime Reporter on July 1, 2024

Four officials with knowledge of the situation say that the Turkey is now mediating between Somalia, Ethiopia and a port agreement Addis Ababa made with the Somaliland breakaway region earlier this year. Negotiations are the latest effort to repair diplomatic ties.

SailGP remote umpires call the VAR from afar

Posted to Maritime Reporter on July 1, 2024

Craig Mitchell's team of umpires and Craig Mitchell have had an impact on the SailGP Grand Final this month. With $2 million at stake, each penalty they have imposed during the SailGP season could be a big one. Mitchell, who is a professional…

11 dead in Indian Capital after heavy rain and flight operations stutter

Posted to Maritime Reporter on June 30, 2024

According to the Times of India, 11 people have died in New Delhi due to the sudden, heavy rain this week, including four Indian citizens who drowned underpasses that were submerged. Flight operations in the Indian capital also slowed down.

UKMTO reports that the vessel and crew are safe following an incident southwest of Yemen’s Al Mukha.

Posted to Maritime Reporter on June 30, 2024

United Kingdom Maritime Trade Operations said that on Sunday, it received a report about an incident which occurred 13 nautical miles southwest from Yemen's Al Mukha. However, the vessel and crew were in good health. A UKMTO note stated that a merchant ship reported 12 small craft approaching it.

Biden Administration announces Atlantic offshore Wind Lease Sale for August

Posted to Maritime Reporter on June 28, 2024

The administration of U.S. president Joe Biden announced on Friday that it would hold an offshore lease sale in August off the coasts Delaware, Maryland and Virginia as part of a broader effort to expand the industry for fighting climate change.

The traders claim that the prices of Russian Urals oil for July cargoes in Indian ports remain stable.

Posted to Maritime Reporter on June 28, 2024

Three traders reported that the prices of Russian Urals oil for cargoes loaded in Indian ports in July were stable, thanks to a healthy demand for this grade, and a decline expected in exports in August, despite increasing sanctions risks. Recent…

Construction of Germany's First Land-Based LNG Terminal begins

Posted to Maritime Reporter on June 28, 2024

Hanseatic Energy Hub announced that the construction of Germany’s first land-based liquefied natural gas (LNG), at the inland Port of Stade, began on Friday. The terminal is expected to be operational in 2027. The project on Elbe River is part…

Smaller South American nations overcome financial odds to reach Paris

Posted to Maritime Reporter on June 28, 2024

Dolores Moreira is a Uruguayan who rents a boat to compete in the Paris Olympics 2024. She tows it across Europe. The 25-year-old Moreira (also known as Lola) will be representing Uruguay at the third Olympic Games this summer. Since her Olympic debut in Rio de Janeiro at age 16…

UKMTO's Captain reports that five missiles have landed in the Red Sea.

Posted to Maritime Reporter on June 28, 2024

The United Kingdom Maritime Trade Operations monitor reported on Friday that a ship's Captain reported five missiles landed near his vessel in Red Sea 150 nautical miles (172 mile) northwest of Hodeidah port, Yemen. UKMTO reported that the ship was not damaged and heading north.

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