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December 23, 2025
Orsted, a Danish offshore wind developer, has agreed to sell a 55% stake in its Greater Changhua II offshore wind farm in Taiwan. The deal is worth approximately 5 billion Danish crowns (788.74m). You can also restore your own website. Investor…
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December 23, 2025
British sailor, Ben 'Ainslie, has secured the funding he needs to run his America's Cup 2027 campaign. He announced a deal with Oakley Capital Tuesday following a stressful phase?in a mission to?bring the Cup back home. Ainslie’s Athena Racing…
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December 22, 2025
Euronext wheat increased for a third day on Monday, continuing a recovery from the contract lows. Attacks by Ukraine and Russia against each other's Black Sea coasts led to some short-covering. The most active contract, March?wheat on Paris' Euronext exchange…
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December 22, 2025
Department of the Interior announced on Monday that the Trump administration has suspended the?lease for five large-scale offshore wind projects under construction due to national?security concerns. The Department said that the move was made…
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December 22, 2025
Alinghi will return for the 2027 America's Cup. Organisers of the competition confirmed on Monday that the Swiss outfit was one of at least five teams comprising a new America's Cup Partnership. Alinghi announced in April that they would cease…
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December 21, 2025
Emmanuel Macron, President of France, confirmed his plans to build a larger and'more modern' aircraft carrier to replace the Charles de Gaulle carrier. This will boost France as a maritime superpower. Macron, who first touted these plans in 2020 was speaking to troops at a French base in Abu 'Dhabi…
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December 19, 2025
The MOD70 'trimarans Argo & Zoulou are set to renew rivalry at the 2026 RORC Transatlantic Race, which starts on January 11, in Lanzarote. Argo (American flagged) and Zoulou (France flagged), both skippered by Jason Carroll can reach speeds of up to 40 miles per hour as they race over 3…
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December 15, 2025
The German Economy Minister announced on Monday that the state-rescued German shipbuilder Meyer Werft had secured a major order worth up to ten billion euros ($11.7?billion) with Swiss cruise operator?MSC Cruises. This will ensure capacity utilization through the mid-2030s.
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December 12, 2025
The boat that brought 60 African migrants to Malta capsized near the Mediterranean island on Friday, bringing one of the largest groups to arrive in recent times. The group was "rescued" by Maltese military boats and landed at Bugibba 10 miles north-east of Valletta.
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December 11, 2025
The energy ministry announced on Thursday that Norway has approved the two initial applications received for its 'first commercial floating offshore-wind tender. This will allow the two consortiums to refine their plans and take part in a subsequent subsidy auction.
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December 10, 2025
Venezuela will likely retain its seat within OPEC, even if U.S. president Donald Trump succeeds in forcing a government change in the oil-rich nation. The U.S. wants to bolster their alliance with the cartel while they?expand their own sphere of influences. The U.S.
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December 10, 2025
Venezuela will likely retain its seat in OPEC, even if U.S. president Donald Trump succeeds in forcing a change in government in the oil rich country. The U.S. wants to strengthen its alliance with the cartel while expanding its own sphere?of?influence. The U.S.
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December 9, 2025
The SailGP team in Britain has signed Stuart Bithell to be their wing trimmer. This will reunite him with Dylan Fletcher who was his Olympic gold medal-winning partner at the Tokyo Games for the?49er. Bithell is a veteran of 'four' SailGP seasons…
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December 8, 2025
On Monday, Russian President Vladimir Putin signed a decree clearing the way for 'potential deals' with Rosneft and Shell's joint venture stake in Caspian Pipeline Consortium which exports oil mostly from Kazakhstan. The decree stated that it "allowed" the transactions, which could?result?
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December 8, 2025
The share of Pentagon contracts held by U.S. Defense Technology companies has roughly doubled over the last year. However, they are still facing growing pains in their efforts to transform from startups to heavyweights that can build weapons at scale.
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December 7, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…
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December 7, 2025
The skipper of Britain's Dylan Fletcher had a message for his crew as he lined up to compete in the SailGP grand final three-boat race last month: "Welcome the $2 million lottery". "The expression meant that there was nothing to lose, and that it is an opportunity.
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December 5, 2025
The Norwegian defence ministry announced on Friday that it plans to purchase two additional submarines and some long-range cannons from Germany. This will be at a higher price than previously due to the high demand for military gear. The order…
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December 4, 2025
A U.S. official announced on Thursday that the Pentagon had completed its review of AUKUS, the project designed to supply Australia with nuclear submarines. The Pentagon found ways to make the deal "strongest" possible. The U.S. government announced…
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December 4, 2025
Hapag-Lloyd's chief executive, who is the fifth-largest container company in the world, said that there was no set date for the return of shipping through the Suez Canal. In an online chat with customers, CEO Rolf Habben Jansen said that no date has been set for a return to normal operations.
