Marine Link
Saturday, March 29, 2025

Maritime Blogs Europe Western Europe

Clear
Europe
Western Europe

Blogs

Tags

La Repubblica reports that Saipem is close to a merger with Subsea 7, a rival oil services company.

Posted to Maritime Reporter on February 23, 2025

The Italian newspaper La Repubblica, without citing any sources, reported that the Italian oil services firm Saipem was close to merging with its Norwegian competitor Subsea 7. The paper did not provide any further financial information. Several years ago…

Key Takeaways From Trump-Putin Talks: Ukraine, Energy, NATO, Sanctions

Posted to Maritime Reporter on February 20, 2025

The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.

North Korea criticizes US over AUKUS nuclear submarine deal

Posted to Maritime Reporter on February 19, 2025

North Korean state-run media on Thursday criticised the United States over a nuclear submarine agreement with Australia signed under the AUKUS Partnership in 2021. A KCNA commentary said that Washington should be cautious about the consequences of what they called nuclear alliances.

Spain arrests the crew of a migrant boat following eight deaths including a baby

Posted to Maritime Reporter on February 19, 2025

The Civil Guard announced on Wednesday that seven members of the crew of an overcrowded migrant boat from Senegal arrived in the Canary Islands last December. They were arrested for the alleged murder of eight passengers including a toddler.

EU Wheat Exports are now more confident

Posted to Maritime Reporter on February 13, 2025

Euronext Wheat Futures declined for a third consecutive day on Thursday, as the strength of the euro and the results of an Algerian tender highlighted a weak outlook for exports in Western Europe. The price of a metric tonne of March wheat traded on Paris' Euronext closed 0.4% lower at 231…

Thyssenkrupp increases its free cash flow forecast on submarine orders

Posted to Maritime Reporter on February 13, 2025

Thyssenkrupp, the industrial conglomerate, raised its forecast for free cash flow on Thursday. It cited 1 billion euros in advance payments related to a large submarine order from the German military. The company expects to have a free clash flow between 0 and $300 million euros by 2025.

FranceAgriMer reduces soft wheat export forecast by a new low

Posted to Maritime Reporter on February 12, 2025

The French farm office FranceAgriMer has lowered its forecast for French soft wheat exports to outside the European Union by 2024/25, a record low in this century. This is due to a slow demand from overseas for a French crop that was reduced by rain.

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on February 11, 2025

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. ARCELORMITTAL On Monday, President Donald Trump raised the tariffs on imports of steel and aluminum to a flat rate of 25% "without any exceptions or exclusions".

Dorange is the youngest person to ever complete Vendee Globe, at age 23

Posted to Maritime Reporter on February 9, 2025

Violette Dorand, 23 years old, became the youngest person to complete the Vendee Globe. She completed the exhausting solo yacht race around the world on Sunday. Dorange finished the race in the 25th position after 90 days, 21 hours, and 37 minutes of sea travel.

SailGP Sydney: Britain wins thrilling final in Sydney

Posted to Maritime Reporter on February 9, 2025

Dylan Fletcher’s Britain defeated Giles Scott’s Canada in an exciting final on Sydney Harbour on Sunday to win the third round of SailGP and extend their lead in the series standings. Australia with Tom Slingsby as the skipper had won three…

SailGP Day One in Sydney: Australia's smooth start dominates

Posted to Maritime Reporter on February 8, 2025

Australia won two out of four races on Saturday, the first day of SailGP's third round. Skipper Tom Slingsby was a master of starting and gave the Australian team the victory. Three-time champions Australia, who won the series' second round in Auckland…

After mid-April, the recovery of Tycoon Lynch’s sunken yacht will begin off Sicily.

Posted to Maritime Reporter on February 5, 2025

Sources close to the situation said on Wednesday that the superyacht, which sank in Sicily last April and killed British tech tycoon Mike Lynch, as well as six other people, would be recovered after its mast was dismantled. The salvage operation is expected to start around the middle of the month.

Wartsila CEO: US energy transition to continue despite Trump

Posted to Maritime Reporter on February 5, 2025

The U.S. will continue to transition away from fossil fuels and towards renewable energy despite the tariffs imposed by President Donald Trump, according to the CEO of the power plant manufacturer Wartsila. The President has outlined a comprehensive plan to maximize oil production.

Hapag-Lloyd claims it can deal with U.S. - China tariffs

Posted to Maritime Reporter on February 5, 2025

Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…

Fincantieri, Italy's cruise ship manufacturer, wins a $9 billion order from Norwegian Line.

Posted to Maritime Reporter on February 5, 2025

Norwegian Line Holdings and Italian shipbuilder Fincantieri announced on Wednesday that they had reached an agreement for four new cruise ships. A source familiar with the matter estimated that this deal was worth approximately 9 billion euros (9.34 billion dollars).

New Jersey won't be awarding new offshore wind contracts

Posted to Maritime Reporter on February 3, 2025

New Jersey's regulator of public utilities announced on Monday that it will not award new contracts for offshore wind, just days after Shell pulled out of the one project where a final bid had been submitted. Uncertainty regarding federal support of the industry.

Sweden claims that a ship accidentally broke a Baltic Sea cable

Posted to Maritime Reporter on February 3, 2025

A Swedish prosecutor announced on Monday that the cargo ship Vezhen damaged a submarine cable connecting Sweden and Latvia in late August, but that it was not deliberate. The vessel, which is registered under the Maltese flag, had already been released.

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…

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week