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Poland selects Sweden to provide it with three subs

Posted to Maritime Reporter on November 26, 2025

Poland announced on Wednesday that it had selected Sweden to provide it with three subs. The multi-billion dollar deal is a crucial element in Warsaw's effort to strengthen its defenses in the Baltic Sea. Warsaw is increasing its investments…

Sweden will decide early next year on a supplier for its new frigates

Posted to Maritime Reporter on November 24, 2025

The defence minister announced on Monday that Sweden will select a supplier early next year for its multibillion-swedish crown purchase of four new frigates. Sweden has been preparing to expand its naval fleet in response to the Russian invasion of Ukraine.

The Sailing-Black Foils are ready to strike in Abu Dhabi

Posted to Maritime Reporter on November 24, 2025

New Zealand's Black Foils have a quiet confidence as they head into the SailGP season finale. Peter Burling has declared that his team is exactly where he wants them to be, as the championship showdown in Abu Dhabi looms. The Kiwis are heading…

Deals of the Day- Mergers and Acquisitions

Posted to Maritime Reporter on November 24, 2025

BHP has abandoned its last-ditch attempt to acquire rival Anglo American to bolster its copper dominance, just two weeks ahead of the 60 billion dollar merger between Anglo and Teck Resources. Monash IVF Group has announced that it rejected…

As buyers chase barley supplies, European barley prices are rising like gold

Posted to Maritime Reporter on November 21, 2025

Traders said that the price of animal-feed barley is now equal to or higher than milling wheat in Europe, a trend unusually driven by export demand. Feed barley is typically sold at a significant discount to bread wheat. The grain industry is heavily supplied…

As the peace plan for Ukraine gains momentum, European arms manufacturers retreat

Posted to Maritime Reporter on November 21, 2025

The European Defence shares dropped to their lowest level since late August, halting their strong run in this year. This was after Ukrainian President Volodymyr Zelenskiy stated that he is ready to work "honestly" on a U.S. backed plan to end Russia's war.

Fincantieri joins FTSE MIB, as defense stocks surge and replace Hera or DiaSorin

Posted to Maritime Reporter on November 20, 2025

The Italian shipbuilder Fincantieri will join Italy's blue chip stock index, FTSE MIB, for the first month next year, traders reported on Thursday. This move would strengthen the influence of defence amid a global rally fueled by geopolitical tensions.

TotalEnergies increases stake in Nigerian offshore oil exploration Block

Posted to Maritime Reporter on November 19, 2025

TotalEnergies announced on Wednesday that it had signed agreements with Conoil for the acquisition of a further 50% stake in OPL 257 oil exploration block from its Nigerian partner. This brings its total holding to 90%. This deal is part and…

EU wheat prices with Chicago ease as rally fueled by China subsides

Posted to Maritime Reporter on November 19, 2025

Euronext Wheat prices fell Wednesday, in line with Chicago. A grain market rally sparked by Chinese purchases U.S. Soybeans faded as wheat traders shifted their focus back to the ample global supply. The most active contract, March wheat on the Paris Euronext exchange…

HP seeks $1.8 billion in damages from Mike Lynch’s estate following UK Autonomy lawsuit

Posted to Maritime Reporter on November 18, 2025

Hewlett Packard Enterprise's lawyers informed the London High Court that they are seeking to recover nearly $1.8 billion in damages from the estate of Mike Lynch, who died in 2003. This is due to HP's acquisition by HP of Autonomy, his British technology firm.

Normandy duo wins Class 40 glory with thrilling finish

Posted to Maritime Reporter on November 17, 2025

After one of the most exciting finishes in recent race history, Normandy sailors Guillaume Pirouelle (left) and Cedric Château (right) won the Transat Cafe L'Or Le Havre Normandie Class 40 division on Monday. After a 4,869 nautical mile journey from Le Havre in France via La Coruna in Spain…

Clipper crews face Roaring Forties crews in round-the-world race

Posted to Maritime Reporter on November 16, 2025

On Sunday, ten amateur crews participating in the fourth Stage of the 2025/26 Clipper Around the World Race left the safety of Cape Town and headed to the notorious "Roaring Forties". The race organizers acknowledge that the leg from Western…

Red Crescent reports that at least four migrants have died when two boats capsize near the coast of Libya

Posted to Maritime Reporter on November 15, 2025

The Libyan Red Crescent reported on Saturday that at least four people died when two boats with 95 irregular migrants capsized near the Libyan city of Al Khums, on Thursday. In a Facebook post, the Red Crescent confirmed that four migrants on board the first boat died.

Ainslie will reveal America's Cup support in a few weeks

Posted to Maritime Reporter on November 14, 2025

Ben Ainslie, a British sailing ace, expects to reveal within a few weeks who is funding his next America's Cup bid, and the team he will be bringing along for the event in Naples, Italy, scheduled for 2027. Ainslie has set himself the goal of "bringing the Cup home" from the United States…

As US allies increase AI pipes, Australia's AUKUS Base will connect to subsea cable

Posted to Maritime Reporter on November 13, 2025

Documents viewed by reveal that Alphabet’s Google and SUBCO are quietly connecting Australia's AUKUS submarine fleet base, and the area around it, to three powerful undersea cables. HMAS Stirling, a naval base located on Australia's western coast, will be home to four Virginia submarines under U.S.

Hapag-Lloyd's CEO: Return to Suez Route not yet in Sight but Looking Closely

Posted to Maritime Reporter on November 13, 2025

Hapag-Lloyd, a German container shipping firm, said on Thursday that it has noted calmer conditions around the Suez Canal following a ceasefire during the Gaza conflict. However it will not reopen sailings until the canal is safe. In a conference call with analysts…

As US allies increase AI pipes, Australia's AUKUS Base will connect to subsea cable

Posted to Maritime Reporter on November 13, 2025

Documents viewed by reveal that Alphabet’s Google and SUBCO are quietly connecting Australia’s AUKUS submarine fleet base, and the area around it, to three powerful undersea cables. HMAS Stirling, a naval base located on Australia's western coast, will be home to four Virginia submarines under U.S.

IOM: At least 42 migrants presumed dead after boat capsizes in Libya

Posted to Maritime Reporter on November 12, 2025

The International Organization for Migration reported on Wednesday that at least 42 migrants were missing and presumed to be dead after a rubber-boat capsized near the coast of Libya. Seven survivors were rescued by the Libyan authorities after six days of drifting at sea.

Fincantieri's core profit increases by 40% in nine-month period

Posted to Maritime Reporter on November 12, 2025

The Italian shipbuilder Fincantieri announced on Wednesday that its core profit for the nine months ended September grew by 40%, largely due to growth across all its business segments. The group's revenue for its defence unit increased 39% year…

UK bans maritime services for Russian LNG Exports

Posted to Maritime Reporter on November 11, 2025

In its latest effort to aid Ukraine in its fight against Russia, Britain will ban companies that provide services like shipping and insurance to Russian exports of liquefied gas. The European Union approved sanctions in October that will ban Russian LNG imports starting January 1, 2027.

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