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Sources say that Bahri, the top bidder for Schenker by Deutsche Bahn, has dropped out of the race.

Posted to Maritime Reporter on July 23, 2024

Two people with knowledge of the sale said that Saudi Arabian Bahri dropped its bid to buy Schenker's German logistics unit from Deutsche Bahn, reducing the competition down to DSV or CVC. Sources said that the departure of Bahri means that…

Vineyard Wind warns about more debris coming from Massachusetts offshore wind farm

Posted to Maritime Reporter on July 23, 2024

Vineyard Wind warned on Thursday that debris from an offshore wind turbine which broke could wash up along the Massachusetts coastline after a large portion of the damaged shaft fell into the sea. The company stated that although crews work to remove debris from the ships…

EU wheat recovery stalls due to Black Sea supply

Posted to Maritime Reporter on July 23, 2024

The European Wheat Futures fell on Thursday, as the rebound from its four-month low was stalled by stiff competition from Black Sea exports. The price of front-month September wheat at the Paris-based Euronext Exchange was down by 0.2% to 214.50 euro ($233.98), per metric tonne, as of 1528 GMT.

UK adds 11 names to Russia sanctions list

Posted to Maritime Reporter on July 23, 2024

An official notice published on Thursday showed that Britain has added 11 new sanctions to its Russia sanctions regime in relation to the conflict in Ukraine. The government stated that the sanctions against ships such as Zaliv Amurskiy, SCF…

Vineyard Wind incident is not the first time a GE Vernova turbine has broken down

Posted to Maritime Reporter on July 23, 2024

The Vineyard Wind offshore project, which dispersed shards and fiberglass along Massachusetts beaches this week, was the latest of a string of wind turbines manufactured by GE Vernova to fail. According to a recent analysis of wind power incidents…

CMA CGM, the shipping giant, signs AI agreement with Google

Posted to Maritime Reporter on July 23, 2024

The French shipping and logistic company CMA CGM announced Thursday that it has entered into a partnership agreement with Alphabet’s Google in order to accelerate the deployment of AI across all its global operations. CMA CGM strives to improve…

Repsol and EDF join forces for offshore wind auctions across Iberia

Posted to Maritime Reporter on July 23, 2024

The renewables division of the French power giant EDF and Repsol, a Spanish energy company, have agreed to work together in auctions for offshore wind in Spain and Portugal. The companies announced on Thursday that they had signed an exclusive…

Saipem wins subsea contract for Libya-Italy Pipeline

Posted to Maritime Reporter on July 23, 2024

Saipem, an Italian energy contractor, announced on Thursday that it had been awarded a contract for supervision and subsea interventions services in relation to the gas pipeline connecting Italy with Libya. Saipem announced in a press release…

Repsol and EDF join forces for offshore wind auctions across Iberia

Posted to Maritime Reporter on July 23, 2024

The renewables division of the French power giant EDF and Repsol, a Spanish energy company, have agreed to work together in auctions for offshore wind in Spain and Portugal. The companies announced on Thursday that they had signed an exclusive…

Will the Seine be clean for swimming at Paris 2024 Olympics?

Posted to Maritime Reporter on July 23, 2024

The River Seine is a key element in the Paris 2024 Olympics. A boat parade will take place there, as well as two events: the triathlon swimming leg and the marathon swimming. The pollution levels of the Seine has raised concerns about athletes' health. Where are we now?

US offshore wind farms shut down due to debris on beaches

Posted to Maritime Reporter on July 23, 2024

A federal agency announced on Tuesday that the Vineyard Wind offshore wind power project, located off the coast Massachusetts, has been suspended until further notice. Authorities are investigating a failure of a turbine blade which caused debris to wash ashore on beaches. The U.S.

Maersk reports that disruptions to container shipping via the Red Sea have increased.

Posted to Maritime Reporter on July 23, 2024

Denmark's A.P. Moller-Maersk, the Danish A.P. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks from Iran-aligned Houthi terrorists in the Red Sea since December. The longer voyage times have pushed freight rates up.

Delivering companies respond to Houthi attacks in Red Sea

Posted to Maritime Reporter on July 22, 2024

European ports. Below are actions taken by some shipping business (in. The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.

SailGP Impact League: Great Britain wins

Posted to Maritime Reporter on July 13, 2024

The Great Britain SailGP Team of Hannah Mills and Ben Ainslie won the Impact League season four for its sustainable efforts. Denmark, last year's champions, came in second and Switzerland third. The Impact League, which measures how SailGP teams are reducing their carbon footprints…

Germany refuses to be intimidated by Russia following a reported plot against Rheinmetall CEO

Posted to Maritime Reporter on July 12, 2024

The German government announced on Friday that Berlin takes reports of an assassination plot against the head of Rheinmetall arms manufacturer very seriously. It will not be intimidated by Russian threats. CNN and The New York Times reported on Thursday that U.S.

Eneco Ocean Winds and Otary bid on Belgian wind tender

Posted to Maritime Reporter on July 12, 2024

On Friday, Eneco Ocean Winds, and Otary, wind developers, announced that they had formed a consortium in order to compete for an offshore wind tender. The tender is to develop wind energy in the Princess Elizabeth Zone in the Belgian North Sea.

Olympic-Foils fuel a wind of change for high speed sailors

Posted to Maritime Reporter on July 11, 2024

Max Maeder, Singapore's gold-medal hopeful, is the poster child of sailing's sea changes since the last Olympics. 'Foiling' classes, such as his Kiteboarding discipline, will make up half the 10 events at the 2024 Olympics, compared to only one event in Tokyo.

EU wheat drops to a two-week low due to Russian supplies

Posted to Maritime Reporter on July 10, 2024

Euronext Wheat Futures dropped on Wednesday, reaching a new two-week low. Improved harvest prospects and lower prices in the top exporter Russia continued weighing on sentiment. Euronext's front-month September wheat settled at 220.75 Euros…

Glover is Britain's hope to restore rowing's reputation at the Olympics

Posted to Maritime Reporter on July 10, 2024

The rowing competitions at the Paris Games will see Britain trying to get back on top after a disappointing performance in Tokyo ended their recent reign of Olympic dominance. The British rowers won the gold medal in 2008, 2012, and 2016, but…

UK power company SSE builds 2 GW of offshore wind farm in Netherlands

Posted to Maritime Reporter on July 9, 2024

British power generator SSE and network operator said Tuesday that it would proceed, along with joint venture partners, in developing a 2 gigawatt off-shore wind farm in The Netherlands. SSE stated that the wind farm will be operational by the end this decade.

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