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January 29, 2026
The vast European natural gas storage network will exit winter with its lowest level for years. Yet, market prices show a complacency that is at odds with the immense challenge faced by traders in replenishing their inventories. Since the Russian invasion of Ukraine…
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January 29, 2026
The French shipping company CMA CGM has partnered with U.S. investment group Stonepeak to form a joint-venture valued at almost $10 billion. This venture will 'operate and develop port terminals in the United States, among others,' the companies announced on Wednesday.
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January 29, 2026
The German budget committee approved a pre-contract to buy?MEKO A200 class frigates on Wednesday. According to two members of the committee, TKMS will pay?50 millions euros ($59.70million) for these frigates. The budget committee approved an…
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January 29, 2026
The government announced on Wednesday that Britain would provide a grant of 20 million pounds ($27.56 millions) to Vestas Isle of Wight wind turbine plant. This will save about?300? jobs. The British Labour Government has set a goal to decarbonise the electricity sector in Britain by 2030.
Posted to Maritime Reporter
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January 27, 2026
Vineyard Wind was allowed to resume work on its Massachusetts offshore wind project on Tuesday by a federal judge. The President Donald Trump administration had halted the project along with four others last month because of national security concerns.
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January 27, 2026
SailGP high-speed catamaran will trade the Atlantic for a Mediterranean in 2026 after Valencia is confirmed as the new Spanish venue of the?championship under a 3-year agreement. The inaugural?Valencia event will be held on September 5-6, 2020. This month, the season began in Perth.
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January 27, 2026
China's Industry Ministry announced on Tuesday that China and Denmark had renewed their agreement to cooperate in green maritime technologies and?shipbuilding. The ministry also reaffirmed a "long-term partnership" in this sector. The renewed agreement comes amid heightened tensions between Denmark…
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January 27, 2026
The European Union has agreed to develop a massive offshore wind network. This is a major step forward in the region’s efforts to reduce its dependency on U.S. gas imports while also tackling rising costs for renewable energy. On Monday, at the North Sea Summit…
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January 26, 2026
On Monday, Britain, Germany and Denmark, as well as other European countries, signed a clean-energy pact during the North Sea Summit held in Hamburg. They pledged to provide 100 gigawatts of offshore wind energy capacity through large joint projects. The agreement is in stark contrast to?U.S.
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January 26, 2026
Finland's Border Guard plans to establish a maritime surveillance center in collaboration with other Baltic Sea countries and the EU Commission to prevent damage to undersea critical infrastructure in the Gulf of Finland. Since the Russian invasion of Ukraine in 2022…
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January 26, 2026
A fear of disruptions in production has led to a surge in the price of natural gas. This spike in prices has been felt on overseas markets and highlights the "growing globalization" of the U.S. dominated liquefied gas trade. U.S. Natural Gas Futures are at their highest level since December 2022…
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January 25, 2026
South Korean Presidential Chief of Staff Kang Hoon -sik announced on Monday that he would be heading to Canada with Hyundai Motor executives and representatives of shipbuilders Hanwha & HD Hyundai Heavy Industries in order to secure a major subcontract.
Posted to Maritime Reporter
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January 25, 2026
The British government announced that Britain, Germany and Denmark, as well as other European countries, will sign a clean-energy pact on Monday at a summit in Hamburg, where they pledged to deliver 100 gigawatts of offshore wind energy through large-scale, joint projects.
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January 25, 2026
Officials said that a migrant was rescued on Sunday and that?50 other migrants are believed to have drowned after a boat sank in the Mediterranean. Alarm Phone, which runs an emergency hotline for migrants, reported that the man had been swimming…
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January 25, 2026
A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.
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January 23, 2026
Traders and analysts claim that the European Union is having difficulty in exporting its larger wheat surplus, as a record Argentine harvest?intensifies competition, especially on top EU market Morocco. Farmers are also reluctant to sell their crops at low prices.
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January 23, 2026
The Royal Navy of Britain shadowed Russian ships sailing through the English Channel during a 'two-day operation' coordinated with NATO allies, the navy announced on Friday. This comes as NATO intensifies its monitoring of Russian shipping.
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January 23, 2026
Armin Papperger, CEO of Rheinmetall, said that the company is considering further acquisitions within the naval sector. In September, Rheinmetall agreed to buy the warship division from German shipbuilder Luerssen at a price of 1.35 billion euro ($1.57 billion).
Posted to Maritime Reporter
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January 22, 2026
Hanwha Group, a South Korean conglomerate, aims to create 'at least 200,000 jobs' in Canada by 2040, through cooperation between various sectors, including shipbuilding. The company is competing for a highly contested subcontract. Hanwha will…
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January 22, 2026
The owner Olivier Magre described the feat as "a fantastical dream". A father and son from France have transformed a radical Mach50 into a triumphant transatlantic race, winning the overall victory at 2026 RORC Transatlantic Race. Palanad 4…
