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July 8, 2024
Avangrid is the U.S. subsidiary of Spain's Iberdrola. The companies announced on Monday that Avangrid has agreed to sell the Kitty Hawk North offshore lease area to utility Dominion Energy, for approximately $160 million. Dominion announced that Kitty Hawk Wind North…
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on
July 8, 2024
The UK's renewables sector has asked the Labour Party to increase its renewable auction budget to hundreds of millions to meet the offshore wind targets and the wider goal of decarbonising the grid. Labour won the British election last week.
Posted to Maritime Reporter
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July 3, 2024
The charity that runs the ship said Wednesday that a rescue vessel funded by British street-artist Banksy was grounded in port for 20 consecutive days because it refused to obey Italian authorities' orders for migrants to disembark. The Louise…
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on
July 3, 2024
A spokesperson for the German economy ministry said that the government may consider supporting Meyer Werft, which is one of the largest cruise ship builders in the world. The company, which is struggling to cut costs, has planned hundreds of job cuts.
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July 3, 2024
The maritime authority reported that three people were killed and three others missing after a 17-member crew fishing boat capsized on Wednesday off the central coast of Portugal. In a press release, the maritime authority stated that "11 people…
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on
July 3, 2024
The commodity trader announced in a Wednesday release that Vitol had secured three LNG bunkering ships through its shipping company. The vessels were obtained through a time charter agreement of seven to ten years with Avenir LNG Limited, and…
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July 3, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Hipgnosis Song Management announced that its founder Merck Mercuriadis will step down from…
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on
July 2, 2024
Norwegian shipping company DOF Group announced on Tuesday that it had signed an agreement with Maersk Supply Service Holding to purchase a Maersk Supply Service from them for $1.11 billion. The deal was a combination of cash and stocks. In the agreement, DOF will pay A.P.
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on
July 3, 2024
Investors welcomed the dovish remarks of Federal Reserve Chair Jerome Powell, and looked forward to the second round in France and the UK national elections. As of 0845 GMT the pan-European STOXX 600 Index was up 0.6%, marking a second consecutive session of gains.
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on
July 2, 2024
Italian customs and police said that they intercepted two Chinese military drones disguised as wind-turbine equipment and bound for Libya. A joint statement stated that the drones had been disassembled and were hidden in six containers in the port of Gioia Tauro, in the southern region Calabria.
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on
July 2, 2024
The forecast track of Hurricane Beryl continues to steer it away from the major offshore production areas of the U.S. regulated northern Gulf of Mexico. Brent crude futures rose 24 cents or 0.28% to $86.84 per barrel at 10:20 AM CDT (1520 GMT). U.S.
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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…
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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…
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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.
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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…
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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…
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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…
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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…
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…
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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…
