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Orsted resumes its work on the US offshore wind farm following the lifting of the stop-work order

Posted to Maritime Reporter on September 24, 2025

Orsted, a Danish company, announced on Wednesday that it has resumed construction on an offshore wind project in the United States after a federal court ruled on Monday that it can restart the project while the Trump Administration's legal case against the project is still ongoing. The U.S.

Spain's PM announces he will send a warship to Gaza aid flotilla

Posted to Maritime Reporter on September 24, 2025

Spain's Pedro Sanchez, Prime Minister of Spain, said that he would join Italy to send a warship to guard an international flotilla attempting to deliver aid to Gaza following its attack by drones near Greece. Sanchez said at a New York press conference where he was attending the UN General Assembly…

EU Wheat Edges Up on Algeria Purchase, War Risks

Posted to Maritime Reporter on September 24, 2025

Euronext wheat rose for a second time on Wednesday. The move was boosted by an Algerian large purchase, and the news of a Russian drone attack on its main Black Sea port, which rekindled concerns about war. The December wheat futures on Euronext’s Paris-based market were up 0.4% at 1436 GMT…

UN Trade Agency: Conflict and tariffs are causing major instability in the shipping industry

Posted to Maritime Reporter on September 24, 2025

According to a U.N. Trade and Development Agency report released on Wednesday, the shipping industry is experiencing significant volatility due to rising geopolitical tensions and disruptions brought about by a wave new tariffs. UNCTAD's maritime…

Paris wheat drops as Argentina suspends export taxes

Posted to Maritime Reporter on September 22, 2025

The price of European wheat dropped to contract lows again on Monday, as the suspension of export taxes by Argentina raised the prospect of increased competition in an oversupplied global market. The December wheat contract on Euronext closed at 189.25 Euros ($223.09 per metric ton)…

Paris wheat drops as Argentina suspends export taxes

Posted to Maritime Reporter on September 22, 2025

The price of European wheat dropped to near-contract lows on Sunday, as the suspension of export taxes by Argentina raised the prospect of increased competition in an oversupplied global market. At 1543 GMT on Euronext, December wheat was down 0.6% to 189.50 Euros ($223.12) a metric ton.

Germany wins first SailGP on Lake Geneva

Posted to Maritime Reporter on September 21, 2025

The SailGP Team from Germany finally won their first event on Sunday at the Switzerland Sail Grand Prix, in light winds that made the waters of Lake Geneva barely cooperate with the high-tech race machines. In Sunday's high stakes final, Germany won the podium ahead Australia and Switzerland.

Sweden's Artemis Racing will join the 2026 SailGP Championship

Posted to Maritime Reporter on September 19, 2025

Artemis Racing, the Swedish sailing team, announced Friday that it will be entering the SailGP Championship in 2026. Artemis SailGP will be the team name and it will be headed by British Olympic Gold medalist Iain Percy. This is the 13th international team in the league.

Italian port blocks weapons for Israel amid worker protests

Posted to Maritime Reporter on September 18, 2025

Italian dockworkers, along with other labor groups, have been protesting against the Gaza offensive. The port of Ravenna in the Adriatic Sea refused entry on Thursday to two trucks that were allegedly carrying weapons to Israel. Alessandro Barattoni…

EU official: EU wants to increase the ban on Russian LNG as part of 19th package sanctions

Posted to Maritime Reporter on September 18, 2025

An EU official revealed that the European Commission is examining a proposal for a faster ban on Russian natural gas liquefied in its 19th set of sanctions against Moscow due to its invasion of Ukraine. This new initiative follows an earlier call made by U.S.

Sources say that Japan's JERA is in advanced discussions to purchase US shale assets worth $1.7 billion.

Posted to Maritime Reporter on September 16, 2025

People familiar with the matter say that Japan's largest power generator JERA has advanced discussions to purchase natural gas production assets located in the U.S., for approximately $1.7 billion. This is the latest example of an Asian nation investing into the American energy sector.

Poland will decide this week on sub-purchases, says PM

Posted to Maritime Reporter on September 16, 2025

The Prime Minister Donald Tusk announced on Tuesday that Poland would decide this week on the procurement of submarines, with the first subs being purchased by the end the year. Poland plans to purchase three submarines through its "Orka' programme…

Sources say Vitol and Sunoco have taken the first shipment of gasoline from Nigerian Dangote to US.

Posted to Maritime Reporter on September 16, 2025

According to data from vessel tracking and two sources with knowledge of the situation, Vitol, a top global oil trader and Sunoco North American fuel distributor took delivery on Monday of the first U.S. gasoline imports from Nigeria's newly built Dangote refinery.

Sources say Vitol and Sunoco have taken the first shipment of gasoline from Nigerian Dangote to US.

Posted to Maritime Reporter on September 15, 2025

According to data from vessel tracking and two sources with knowledge of the situation, Vitol, a top global oil trader and Sunoco North American fuel distributor took delivery on Monday of the first U.S. gasoline imports from Nigeria's newly built Dangote refinery.

Rheinmetall buys warship manufacturer NVL as part of its latest expansion drive

Posted to Maritime Reporter on September 15, 2025

Rheinmetall announced late Sunday that it had reached an agreement with Luerssen Group to purchase the military division of Luerssen Group, NVL. The German defence group is looking to expand its European operations. Rheinmetall's move, which is the largest ammunition manufacturer in Europe…

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…

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…

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