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Orsted, the offshore wind group, offers a 67% discount on $9.4 billion rights issue

Posted to Maritime Reporter on 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…

UK Government and industry invest more than 1.1 billion pounds into maritime sector

Posted to Maritime Reporter on 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.

Rheinmetall buys NVL, the military arm of German shipbuilder

Posted to Maritime Reporter on 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…

Australia announces that the US will be able to access Western Australia's nuclear submarine shipyard

Posted to Maritime Reporter on 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…

Sources say that the exports of Russian ESPO Blend oil from Kozmino are expected to fall by 2% in September.

Posted to Maritime Reporter on September 11, 2025

Two sources familiar with the plans said that Russia will reduce ESPO Blend oil loads from its Far East Kozmino Port in September from 4.2 millions tons to 4,000,000 metric tons (about one million barrels per a day), from 4.2million tons in August.

The third cargo of Arctic LNG 2 from Russia is discharged and leaves China

Posted to Maritime Reporter on 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…

The crew is on the hunt for illegal Greek octopus snares

Posted to Maritime Reporter on 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…

Taiwan increases sea cable patrols in response to new China "grey zone" threat

Posted to Maritime Reporter on September 10, 2025

The patrol boat of Taiwanese Coast Guard Captain Juan Chung Chung moves through the Taiwan Strait scanning for threats against what Taipei claims is the newest target in China's gray-zone war: the undersea cable vital to democratic island's communication.

CPC Blend crude loadings stable; urals little changed

Posted to Maritime Reporter on 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…

BAE, a British company, aims to have an autonomous submarine on the market by 2026

Posted to Maritime Reporter on 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.

Canada - September 9

Posted to Maritime Reporter on 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…

Maersk's oil trading CEO is concerned about the risk of falling oil prices

Posted to Maritime Reporter on 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…

Five dead after migrant vessel hits coast guard vessel in northwest Turkey

Posted to Maritime Reporter on September 7, 2025

A local governor's report said that five people were killed, and one was severely injured, when a boat with migrants struck a Turkish Coast Guard vessel in the northwest of Turkey on Sunday. The search for a missing individual is underway. The…

Microsoft Azure cloud service affected by Red Sea fiber cut

Posted to Maritime Reporter on September 6, 2025

Microsoft announced on Saturday that Microsoft Azure users could experience an increase in latency as a result of multiple fiber cuts under the Red Sea. The company warned that traffic traversing the Middle East, originating or terminating in Asia and Europe, may be subject to increased disruptions.

India's 15-year defense plan includes a nuclear-powered carrier and home-built jets

Posted to Maritime Reporter on 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…

Manager citing data: Arctic LNG 2 has delivered its first cargo

Posted to Maritime Reporter on 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…

Beccaria fulfills Genoa Dream with Ocean Race Europe Leg Victory

Posted to Maritime Reporter on 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.

Indian oil minister denies that country is benefiting from Russian imports

Posted to Maritime Reporter on September 1, 2025

Hardeep Singh Puri said that India does not profit from Russian oil imports. Its purchases have stabilized markets and kept prices from increasing to $200 per barrel. India has been targeted by the U.S. for its Russian crude purchases. President…

Ukraine vows retaliation after Russian attacks on the power sector

Posted to Maritime Reporter on 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…

Norwegian government: Norway chooses British-made ships for its Navy

Posted to Maritime Reporter on 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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