
Saipem-Subsea 7 Merger Enters EU Phase II Investigation
The European Commission has opened a Phase II investigation into the proposed EUR 21 billion Saipem-Subsea 7 merger over competition concerns in the market for SURF services.

The European Commission has opened a Phase II investigation into the proposed EUR 21 billion Saipem-Subsea 7 merger over competition concerns in the market for SURF services.

The European Commission has approved Hungary’s €2 billion capital injection into Magyar Fejlesztési Bank to finance sectors affected by market failures.

The European Commission cleared France’s EUR 63 billion scheme for eleven offshore wind farms with up to 11.1 GW of combined capacity across three maritime regions.

The European Commission has approved a €5 billion Danish State aid scheme for the Hesselø and North Sea I Mid offshore wind farms, supporting up to 1.8 GW of new capacity through a capability-based two-way CfD model over 20 years.

The European Commission has begun legal action against Portugal over failures to meet maritime security obligations, warning that incomplete enforcement could expose ships and ports to serious unlawful threats.

European Shipowners have endorsed the EU’s Sustainable Transport Investment Plan as an important first step in advancing clean fuels for shipping, urging rapid implementation and use of ETS revenues to close the cost gap with conventional fuels.
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