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September 15, 2025
Orsted, a Danish offshore wind developer, said Monday that it priced its $9.42-billion rights issue at $66.6 crowns per share ($10.46), representing a discount of 66.7% to the closing price of Friday's stock. Orsted received shareholder approval earlier this month for the capital raising…
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September 14, 2025
On Monday, the UK Government announced that the UK government and the industry plan to invest jointly over 1.1 billion pound ($1.5 billion) into the maritime sector. The government stated that the investment would unlock growth and create jobs in coastal communities throughout the UK.
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September 14, 2025
Rheinmetall, a German defence group, announced on Sunday that it had signed an agreement with Luerssen Group for the acquisition of Naval Vessels Luerssen's military division. The move was intended to expand into naval shipbuilding. It said…
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September 13, 2025
Richard Marles, the Australian Minister of Defence, said that the United States could use the planned defence facilities in Western Australia for the delivery of submarines as part the AUKUS nuclear sub deal. On Saturday, the government announced…
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September 11, 2025
LSEG's and Kpler’s ship tracking data revealed that a third tanker, from Russia's Arctic LNG 2 facility, which is subject to Western sanctions, discharged and left a terminal in China Wednesday. The U.S. sanctioned LNG tanker Zarya has unloaded over 160…
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September 11, 2025
"Octopus!" The crew of Sea Eagle shouted "Octopus!" as a cephalopod crawled out of a pot of plastic they had dug up from the seabed near northern Greece. The octopus was caught in a trap that was illegal moments earlier. Its rescuers stretched…
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September 9, 2025
The differentials between Brent and Urals crudes in Russia were not much changed on Tuesday, while the oil exports at the Caspian pipeline consortium (CPC) terminal remained stable despite a spill of oil that occurred late August. CPC Blend…
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September 9, 2025
BAE Systems, a British company, said that it aims to launch an autonomous submersible by 2026. This is in response to the growing concern of countries about threats underwater, after a series attacks on submarine cables. BAE successfully tested the Herne sub product last year.
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September 9, 2025
These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. As the search for vital metals intensifies, Vancouver-based Teck Resources…
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September 8, 2025
An executive from shipping company Maersk said that there is a very high risk that oil prices will fall due to a slight increase in demand, and an increased OPEC+ output. This was his message at the APPEC Conference in Singapore. Emma Mazhari…
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September 8, 2025
Saad Rahim is the chief economist at Trafigura, a major trading company. He said that the shadow fleet of oil tanks has grown following Western sanctions against Russia for its war in Ukraine. The shadow fleet plays a crucial role in ensuring that Russian crude oil is available to buyers…
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September 5, 2025
India may build a third nuclear-powered aircraft carrier as part of the 15-year plan for defence modernization announced on Friday. The plan also includes the first use of fighter jets made in India by the Navy. New Delhi, which is bordered…
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September 4, 2025
A senior manager from the majority shareholder said on Thursday that Russia's Arctic LNG 2 has delivered its first LNG shipment, citing data from ship tracking. As you can see, the first vessel entered China according to data. Data from Kpler showed that China had received its first LNG cargo…
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September 3, 2025
Ambrogio BECCARIA turned the waters of his native Genoa into a triumphant stage on Wednesday. He led his Italian-flagged Allagrande Mapei Racing to victory in Leg 4 The Ocean Race Europe2025, after a nail biting finish early in the morning.
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August 31, 2025
Nearly 60,000 Ukrainians were left without power overnight after Russian drones attacked power plants in the north and south of Ukraine. President Volodymyr Zelenskiy has promised to retaliate with more strikes inside Russia. In the last few weeks…
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August 31, 2025
Norway's government announced on Sunday that the Norwegian Navy plans to order a new fleet of British-made ships to strengthen its maritime defense. Germany, France Britain and the United States all submitted competing designs for frigates in…
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August 30, 2025
The Gambia Foreign Affairs Ministry said that at least 70 people died when a boat carrying migrants capsized near the coast of West Africa. This was one of the most deadly accidents along the popular migration route into Europe in recent years.
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August 29, 2025
Pro-Palestinian activist who are preparing to sail from Spain to Gaza on Sunday in dozens boats carrying aid, have asked governments to pressurize Israel to allow the flotilla through the naval blocksade. The Global Sumud Flotilla, which includes hundreds of people from 44 different countries…
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August 28, 2025
Argus Media, a commodities data company, said that it expects French soft-wheat exports to the European Union to recover to 8 million metric tonnes in 2025/26. However France will still have its largest stockpile for about 20 years. France, EU's largest grain producer…
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August 27, 2025
Bild, citing sources in the industry, reported Wednesday that Rheinmetall, a defence group, wants to buy German shipbuilder Naval Vessels Luerssen. Bild reports that the Luerssen family who owns the shipbuilder plan to divest their military shipyards located in Hamburg…
