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Monday, January 19, 2026

Maritime Blogs

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on January 19, 2026

European traders reported that Algeria's state grain agency OAIC had?purchased milling wheat at an?international?tender which?closed?Monday. Initial reports indicated that the cost of a metric tonne, including freight and other charges (c&f), was around $254.

Leonardo Chair floats idea for future merger with Fincantieri

Posted to Maritime Reporter on January 19, 2026

The chairman of Leonardo, an Italian defence and aerospace company, floated the idea on Monday?of a possible future merger between Leonardo and Fincantieri. Stefano Pontecorvo, speaking at a Bocconi University conference in Milan, told an audience that he hopes the two groups can merge one day.

Chinese importer buys Canadian canola, denting Australian export hopes

Posted to Maritime Reporter on January 19, 2026

Sources in the trade said that a Chinese 'importer' bought a cargo Canadian canola soon after Canadian Prime Minister Mark Carney visited Beijing last week. This could boost prospects for Canadian farmers, and undercut sales of rival supplier Australia.

Sources: Chinese importer purchases first Canadian canola cargo after Carney's visit.

Posted to Maritime Reporter on January 19, 2026

Two traders with direct knowledge of the transaction said that a Chinese importer purchased a Panamax cargo of 60,000 metric tonnes of Canadian canola soon after Prime Minister Mark Carney visited Beijing last week. According to traders, the…

Trump's Greenland Threat puts Europe Inc. back in the crosshairs of tariffs

Posted to Maritime Reporter on January 19, 2026

As European companies became accustomed to the hard-won U.S. tariff agreements last year, Donald Trump put them right back in his sights with an "explosive" threat to levy levies against nations who oppose his plan to takeover Greenland. Trump…

Ferretti's Czech Investor KKCG wants to increase stake and overhaul board

Posted to Maritime Reporter on January 19, 2026

Czech investment group 'KKCG' announced on Monday that it would make a voluntary offer of up to 182 millions?euros ($212m)?to increase its stake in Italian Yacht maker Ferretti, and also push for a management change. KKCG has made an offer that values Ferretti at 1.2bn euros…

The fire at Tengiz Oilfield Power Station in Kazakhstan was extinguished on Sunday, according to the company.

Posted to Maritime Reporter on January 19, 2026

KazMunayGas, Kazakhstan's oil company owned by the state, said that a fire at a power station in the Chevron-led Tengiz field was put out on Sunday. The company said that the staff was evacuated and no one had been injured. It said that the fire had started at a transformer for a turbine.

Saudi Arabia purchases 907,000 metric tonnes of wheat at tender, traders claim

Posted to Maritime Reporter on January 19, 2026

The Saudi Arabian General Food Security Authority, the state grain agency, bought 907,000 metric tonnes of wheat at an international auction on Monday. The GFSA had issued a tender for up to 595,000 tonnes, which closed on Friday. They said…

Czech group KKCG offers to double Ferretti's stake

Posted to Maritime Reporter on January 19, 2026

According to calculations, Czech investment group KKCG announced on Monday that it had launched a partial voluntary offering to double its'stake' in Italian yacht manufacturer?Ferretti. KKCG will present its own slate of candidates to the Ferretti board after the deal is completed.

Australian boy critically injured after Sydney Harbour Shark Attack

Posted to Maritime Reporter on January 18, 2026

Authorities said that an Australian boy is in critical condition following a shark bite in Sydney. Heavy rains created the perfect conditions for sharks to enter the harbour. The boy was believed to be between 12 and 13 years old. He had been…

Raven sets monohull record for RORC Transatlantic Race

Posted to Maritime Reporter on January 18, 2026

A 34-metre revolutionary yacht has revolutionized offshore sailing, completing the 3,000 nautical mile Atlantic crossing in less than seven days. It won the'monohull line honours' and set a record for the 2026 RORC Transatlantic Race. The MOD70…

SailGP Champions Britain begin 2026 with a commanding victory at Perth

Posted to Maritime Reporter on January 18, 2026

Emirates Great Britain, the reigning SailGP champions, started off this year with strong winds in their sails. They successfully defended their Perth Sail Grand Prix title with a dominant performance on Sunday. The team led by Dylan Fletcher…

Algeria announces wheat import tender, traders claim

Posted to Maritime Reporter on January 17, 2026

Algeria's state grain authority OAIC?issued a?international tender?to purchase?wheat with a?deadline for offers of Monday, European traders reported on Saturday. OAIC's import tenders usually require a much higher volume than 50,000 metric tonnes, traders said.

Goodchild swaps solo solitude for record run on Argo

Posted to Maritime Reporter on January 16, 2026

Sam Goodchild, who won the IMOCA Globe Series title 'in 2025', has quickly shifted to the intensity? of a fully crewed race, breaking the RORC Transatlantic Race Record aboard Argo, a?MOD70?? trimaran owned Jason Carroll. Argo finished the 3…

Source: CPC oil exports fell 24% in December

Posted to Maritime Reporter on January 16, 2026

An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…

Los Gallos miss SailGP opener; Artemis has Draper back

Posted to Maritime Reporter on January 16, 2026

SailGP 2026's season opener on Saturday in Perth promises high-octane sailing with the notorious 'Fremantle Doctor,' a?wind that has already caused a brutal start to racing. The south-westerly winds have been a major factor in the practice sessions, and Spain's Los Gallos crashed during training.

Greece plans to extend territorial waters despite Turkish warning

Posted to Maritime Reporter on January 16, 2026

George Gerapetritis, the Greek Foreign Minister, said on Friday that Greece intends to expand its territorial waters, possibly into the Aegean sea, despite Turkey’s constant threat of war if Athens were to?take this step. NATO allies but historic rivals?have lowered tensions over the past few years…

UK Navy launches new crewless helicopter for countering North Atlantic threats

Posted to Maritime Reporter on January 16, 2026

The Royal Navy of Britain announced on Friday that its first full-sized, autonomous helicopter had successfully completed its maiden flight. It was designed to track subs and carry out high-risk missions in the face of rising tensions along the North Atlantic.

South Africa investigates Iran's involvement in BRICS+ Naval Drills

Posted to Maritime Reporter on January 16, 2026

South Africa's Defence Ministry?said that Minister?Angie Motshekga launched an investigation into Iran's involvement in the BRICS+ Naval exercises held in South African water over?the last week. In a press release, the defence ministry stated…

South Korean wheat purchases now at 92 300 tons, traders claim

Posted to Maritime Reporter on January 16, 2026

European traders reported on Friday that South Korean flour mills purchased a total of 92,300 tons of milling grain to be sourced from the United States, in a recent international tender. This is above estimates of 50,000 tonnes. The traders reported that an additional shipment of 42…

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