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EDP Renewables will keep the US as its top investment market, despite offshore wind's exit

Posted to Maritime Reporter on May 6, 2026

EDP Renewables will continue to invest in the United States, despite the recent decision by the company to withdraw from offshore wind. This was revealed on Wednesday by CEO Miguel Stilwell de Andrade. He said EDPR would maintain the 'planned…

Radiant World now deals in metals as well as iron ore

Posted to Maritime Reporter on October 14, 2025

Radiant World, an Indian commodity trader, has hired Liam Brown and Louis McCauley to expand its industrial and precious-metals trading business. McCauley previously worked for Citi, Credit Agricole, and Goldman Sachs, and Brown traded industrial metals.

Germany's PNE has lost bid for Vietnam wind projects, in a new blow to foreign investors

Posted to Maritime Reporter on February 6, 2026

The Vietnamese authorities have chosen a newly-created subsidiary of real estate conglomerate Vingroup for the development of the first phase of a major offshore wind project in the country. Morgan Stanley-backed German renewable company PNE…

Singapore's Seatrium sells Texas shipyard to Turkey’s Karpowership at $51 million

Posted to Maritime Reporter on September 23, 2025

Seatrium Limited, a Singapore-based company, announced on Tuesday that it had reached an agreement to sell the "surplus" AmFELS Yard Shipbuilding Facility in Texas to Karpowership. The price is $50.67million. AmFELS Yard in Brownsville builds…

Trade flows could be affected by Asia's promise to increase US farm imports

Posted to Maritime Reporter on August 28, 2025

Southeast Asian nations will reshape the global grain and oilseed trade flow through U.S. deals, which include increasing agriculture purchases. Increased American shipments are expected to displace Australian, Canadian, and Russian supply.

Trump's bill allocates $8.6 Billion for US Coast Guard Icebreakers

Posted to Maritime Reporter on July 3, 2025

The massive tax and spending plan of President Donald Trump includes more than $8,6 billion for the U.S. Coast Guard's icebreaker fleet to be deployed in the Arctic where Washington hopes it can counter the rising dominance of Russia and China.

Trump administration reviews Biden's submarine pact between Australia and UK

Posted to Maritime Reporter on June 11, 2025

A U.S. official revealed that the Trump administration is reviewing a defense agreement worth hundreds of millions of dollars signed by former president Joe Biden with Australia and Britain, which allowed Australia to purchase conventionally-armed nuclear submarines.

EXPLAINER-Olympics-Kiteboarding comes of age as Formula One of the Games

Posted to Maritime Reporter on August 4, 2024

Kiteboarding, billed as the fastest Olympic sport, makes its Games debut Sunday. The foiling kitesailors will be racing around the course, trying to stay clear of wipeouts and avoid crashing. The discipline, which includes separate races for women and men…

After being stopped by the coast guard, a fire-hit tanker enters Malaysia's terminal area

Posted to Maritime Reporter on July 23, 2024

Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…

TASS cites Russian Navy as saying that Russia and China have completed successful joint naval exercises in the South China Sea.

Posted to Maritime Reporter on July 23, 2024

Russian and Chinese vessels have successfully practiced anti-submarine warfare, naval combat, and air defence for vessels during joint naval exercises this week in the South China Sea, reported Russia's TASS on Thursday. TASS cited a Russian…
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