Posted to Maritime Reporter
on
May 1, 2025
Orsted announced on Thursday that it had sold a 24.5% share in an offshore wind farm in the UK for approximately 456 million pounds (606 million dollars) to Schroders Greencoat funds. It said that the world's largest offshore wind developer…
Posted to Maritime Reporter
on
April 30, 2025
Canada Ocean Racing announced on April 30 that it has signed British offshore sailing superstar Pip Hare to compete in The Ocean Race Europe 2020. The team is preparing to reveal a new foiling IMOCA boat ahead of the competition. The seven-team race starts in Kiel…
Posted to Maritime Reporter
on
April 29, 2025
CME Group announced on Tuesday that it will launch in June a new Black Sea Wheat Futures Contract, which will track the export prices of Romania and Bulgaria. CME's latest effort to develop grain derivatives is in the critical Black Sea export zone.
Posted to Maritime Reporter
on
April 28, 2025
A security official said that the coast guard of Tunisia recovered eight bodies from the wreckage of a boat which sank near the coast on its way to Europe. He added that 29 others were also rescued. The boat capsized in the waters near Abwabed…
Posted to Maritime Reporter
on
April 27, 2025
According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…
Posted to Maritime Reporter
on
April 25, 2025
The Dutch prosecutor said that they summoned Damen Shipyards, a shipbuilder in the Netherlands, on suspicion of violating EU Sanctions against Russia. They also opened a separate corruption case against Damen Shipyards and its top executives. The company denied the accusations.
Posted to Maritime Reporter
on
April 24, 2025
The state-owned oil company of Colombia announced on Thursday that Shell had pulled out from three joint offshore projects in the Caribbean. Ecopetrol stated in a press release that the two companies were working together to ensure the continuity…
Posted to Maritime Reporter
on
April 23, 2025
Matosinhos Porto, a Portuguese sailing town, has secured a spot on The Ocean Race Europe's route. The event will feature flying boats, double-points and a 3-hour pit-stop. Ocean health activism will be featured alongside the sporting success.
Posted to Maritime Reporter
on
April 22, 2025
People close to the situation said that the mast of the superyacht, which sank in Sicily last summer, killing British tech titan Mike Lynch along with six other people, would be dismantled next month. The British-flagged Bayesian was found lying…
Posted to Maritime Reporter
on
April 21, 2025
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 stories. Estonia warns that lifting Russia sanctions would harm EU taxpayers. The British Finance…
Posted to Maritime Reporter
on
April 17, 2025
Equinor, a Norwegian company, will stop offshore construction on its Empire Wind I in New York State following an order to cease work from the U.S. The company announced on Thursday that Interior Secretary Doug Burgum had issued a stop-work order.
Posted to Maritime Reporter
on
April 16, 2025
LONDON, 16 April - SailGP will be flying across five continents from Perth's sun-drenched water to Abu Dhabi's glittering final in 2026. The championship has secured a number of venues that are sure to please the crowds under multi-year host deals.
Posted to Maritime Reporter
on
April 15, 2025
Rio Tinto announced a 9% decline in the first quarter iron ore shipment on Wednesday. 2025 Pilbara shipments are now expected to be at the lower end after tropical cyclones ravaged Australia's West Coast and disrupted operation. Rio Tinto's…
Posted to Maritime Reporter
on
April 15, 2025
The Ukrainian president Volodymyr Zelenskiy announced that on Tuesday, representatives from the United Kingdom, France, and Turkey will meet in Turkey to discuss Black Sea Security. Zelenskiy, along with NATO Secretary General Mark Rutte, said…
Posted to Maritime Reporter
on
April 15, 2025
A British inquest heard on Tuesday that the investigation into the deaths last year of British tech tycoon Mike Lynch and banker Jonathan Bloomer, as well as members of their family, who died when a luxury boat sank, will take several months.
Posted to Maritime Reporter
on
April 15, 2025
Francesca Clapcich, an Italian skipper, has announced a campaign to compete at the Vendee Globe in 2028. This would make her one of the few people who could compete in all four of the sport's most prestigious events. Clapcich, backed by 11th Hour Racing and The Ocean Race…
Posted to Maritime Reporter
on
April 14, 2025
The German finance ministry announced on Monday that a German court would consider a request for the release of an oil tanker believed to be a part of Russia's so-called "shadow fleet" used to circumvent oil sanction. In January, the Panama…
Posted to Maritime Reporter
on
April 14, 2025
VIENNA, 14 April - Formula Kite Olympic Champion Valentin Bontus suffered a torn ligament in his left leg after a skiing accident at the weekend. This is his second injury to that same knee since the year 2020. Der Standard, Austrian newspaper…
Posted to Maritime Reporter
on
April 10, 2025
Peter Burling, three-time America's Cup winner and skipper of Team New Zealand, has parted ways with the team after they failed to reach an agreement ahead of the 38th regatta. Team NZ's management said it and Burling were in talks since their…
Posted to Maritime Reporter
on
April 10, 2025
Ireland will hold at least three additional offshore wind auctions before the end of the decade, said its marine minister on Thursday. He added that the country was unlikely to meet its goal of 80% electricity generation by renewable sources by 2030.