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Reports claim that Rheinmetall is interested in acquiring German shipbuilder NVL.

Posted to Maritime Reporter on August 27, 2025

Bild, citing sources in the industry, reported Wednesday that Rheinmetall, a defence group, wants to buy German shipbuilder Naval Vessels Luerssen. The CEO of Rheinmetall said that it was in discussions with partners to invest in the Naval Business…

RWE CEO does not see the need to write down a major US offshore project

Posted to Maritime Reporter on August 27, 2025

RWE is the No.2 offshore wind developer in the world. RWE, the world's No. Markus Krebber, a journalist, told reporters that the so-called Community Offshore Wind Project, in which RWE holds a 73%-27% share with Britain's National Grid and has not been invested, had been put on hold.

The Trump administration is planning to cancel the approval of Maryland's offshore wind project

Posted to Maritime Reporter on August 25, 2025

According to a Friday filing at the U.S. District Court of Delaware, the administration of U.S. president Donald Trump intends on withdrawing federal approval for US Wind’s offshore wind farm near the Maryland coast. Attorneys from the Department…

What are the likely topics of discussion at the US-South Korea Summit?

Posted to Maritime Reporter on August 25, 2025

U.S. president Donald Trump hosted South Korean president Lee Jae Myung at Washington on Monday for their first meeting after they struck a deal last month that lowered U.S. duties on the Asian ally from 25% to 15%. Trump said that he would…

Three sisters drowned, but dozens of migrants rescued from boat heading to Italy

Posted to Maritime Reporter on August 24, 2025

A German sea rescue charity reported on Sunday that three young sisters drowned after the rubber boat they were in, along with dozens of migrants, got into difficulty on the dangerous central Mediterranean crossing between Libya and Italy. RESQSHIP reported that the bodies of three sisters aged 9…

What are the likely topics of discussion at the US-South Korea Summit?

Posted to Maritime Reporter on August 22, 2025

Donald Trump, the U.S. president, will host South Korean President Lee Jae Myung for their first meeting in Washington on Monday. The two countries had struck a deal on trade last month that reduced U.S. duties on the Asian ally from 25% to 15%. Alongside trade, U.S.

Asylum claims reach record levels, opponents try to turn the screw on UK's Starmer

Posted to Maritime Reporter on August 21, 2025

Keir starmer, the British Prime Minister, faced new criticism on Thursday over his immigration policy after official figures revealed that asylum claims had reached a record-high and more migrants were being housed at hotels than a year earlier.

Data shows that the UK is housing 32,000 asylum seekers at hotels. Critics are criticizing this policy.

Posted to Maritime Reporter on August 21, 2025

Official data revealed on Thursday that more than 32,000 asylum-seekers were living in hotels across Britain by the end of the year 2025, with asylum requests reaching a new high. The housing issue is now a major concern for Keir starmer, the British Prime Minister.

New Zealand will spend $1.6 Billion on US naval helicopters and Airbus jets

Posted to Maritime Reporter on August 20, 2025

New Zealand announced on Thursday that it will spend NZ$2.7bn ($1.6bn) to purchase five MH-60R Seahawk helicopters and two Airbus A321XLR planes, the first significant investment after a decision was made to replace the country’s aging defense fleet.

EU wheat prices rise with Chicago, but Black Sea concerns persist

Posted to Maritime Reporter on August 20, 2025

Euronext Wheat edged up Wednesday as benchmark futures recovered from a contract's low. Chicago prices rose, while doubts about Russian exports, and the rapid end of the war in Ukraine, tempered expectations for large supplies. At 1521 GMT the December wheat contract…

Egypt has agreed to purchase at least 200,000 tonnes of French wheat from the state buyer

Posted to Maritime Reporter on August 18, 2025

Future of Egypt, Egypt's state grain buyer, has announced that it has reached private agreements with French exporters to purchase at least 200,000 tons of French wheat, as well as several 30,000-ton loads of wheat from Ukraine, Romania and Ukraine.

Egypt has agreed to purchase at least 200,000 tonnes of French wheat from the state buyer

Posted to Maritime Reporter on August 18, 2025

Future of Egypt, Egypt's state grain buyer (Mostakbal Misr), has announced that it will buy at least 200,000 tons of French wheat through recent private agreements with exporters. It also plans to purchase several 30,000-ton cargoes of Ukrainian and Romanian wheat, the company said.

SailGP Germany: Sailing-France wins in a thrilling thriller after beating rivals

Posted to Maritime Reporter on August 17, 2025

France won their first SailGP of the year on Sunday as Quentin Delapierre’s team took the Germany Sail Grand Prix, beating out a three-boat duel in the calm waters off Sassnitz. France held their composure in a thrilling finale, which came down to the last metres.

SailGP Germany: France wins over rivals

Posted to Maritime Reporter on August 17, 2025

France won their first SailGP of the year on Sunday as Quentin Delapierre’s team took the Germany Sail Grand Prix, beating out a three-boat duel in the calm waters off Sassnitz. France held their composure in a thrilling finale, which came down to the last metres.

NZ leads overall, Sailing-Australia is ahead of Germany SailGP

Posted to Maritime Reporter on August 16, 2025

The Bonds Flying Roos of Australia, who won the first Germany Sail Grand Prix on Saturday, ended the day with a lead of eight points over New Zealand. Australia overcame a penalty at the start of the second race, and Tom Slingsby’s crew came back to finish in third place.

Brazil is out of the Germany Sail Grand Prix following a high-speed crash during practice

Posted to Maritime Reporter on August 15, 2025

Brazil won't be competing in this weekend's Germany Sail Grand Prix after its F50 foiling catamaran was damaged during Friday practice, while France is racing against the clock to repair their F50 following both vessels colliding in Sassnitz.

UN: At least 20 migrants drown in a shipwreck near Italy's Lampedusa Island

Posted to Maritime Reporter on August 13, 2025

A United Nations agency reported and local media on Wednesday that at least 20 people were killed after a boat carrying migrants capsized near the southern Italian island Lampedusa. Ansa reported that rescuers had recovered 20 bodies and were still working.

Vestas' Q2 performance falls short of expectations, but outlook remains unchanged

Posted to Maritime Reporter on August 13, 2025

Vestas, a manufacturer of wind turbines, reported Wednesday a lower-than-expected operating profit for its second quarter and maintained the outlook for the entire year. Vestas has reported an operating profit of 57 millions euros ($66.56) for April-June…

Italian Sea Group shares fall 9.7% after lowering 2025 guidance due to US tariffs

Posted to Maritime Reporter on August 8, 2025

The Italian Sea Group shares fell up to 9.7% on Friday after the group lowered its revenue forecast for 2025 and core profit margins, citing U.S. trade policies that are protectionist and geopolitical tensions. In a recent statement, the luxury…

Thyssenkrupp shareholders to vote on spin-off defence

Posted to Maritime Reporter on August 8, 2025

Thyssenkrupp shareholders will vote on Friday on the planned spin-off its defence division, amid expectations that its value may increase due to a radical change in European defense spending. Thyssenkrupp’s TKMS Division, which manufactures…

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