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Thursday, April 2, 2026

Maritime Blogs Published

Norwegian Cruise Line names five directors as part of a deal with Elliott

Posted to Maritime Reporter on March 27, 2026

The Norwegian Cruise Line Holdings announced on Friday that it had signed an agreement with Elliott Investment Management, and appointed five new directors in a major board reshuffle. Elliott Investment Management - one of the largest shareholders…

Norway increases its long-term defense plan by $12 billion

Posted to Maritime Reporter on March 27, 2026

The government announced on Friday that Norway will increase its defence expenditures by 115 billion crowns (about 11.87 billion dollars) between now and 2036 to compensate for the rising costs of military equipment. According to the government…

China stations jets-turned-drones at bases near Taiwan Strait, report says

Posted to Maritime Reporter on March 27, 2026

According to a recent report from the Mitchell Institute for Aerospace Studies, China has deployed obsolete supersonic aircraft converted into attack drones at six air bases near the Taiwan Strait. Satellite images of these airfields, taken from "China Airpower Tracker" in February…

Burling confirms Luna Rossa sailing team for America's Cup

Posted to Maritime Reporter on March 26, 2026

Peter Burling, helmsman of the?New Zealand?Team in America's Cup, will be aiming to oust his former team as a?driver? for 'Italian' challengers Luna Rossa. Burling won three America's Cups with New Zealand, but they parted ways last year when they couldn't agree on terms.

Ferretti, the Italian yacht manufacturer, is offered a sweetened offer by KKCG Maritime for a stake increase.

Posted to Maritime Reporter on March 26, 2026

KKCG Maritime, a Czech 'investment firm', raised on 'Friday its voluntary offer - to increase its % stake in Italian yacht maker Ferretti up to 203.35 million euros (234.55 millions). The revised offer, which is 3.90 euros per share, values Ferretti at 1,32 billion euros.

US drone boats are unmanned and deployed in conflict with Iran

Posted to Maritime Reporter on March 26, 2026

Pentagon: The United States deployed drone speedboats without crews to patrol as part of its operations against Iran. This is the first time Washington confirmed the use of such vessels in a conflict. It was not previously known that the drone speedboats…

Will Smith announces the electric E1 race in Angola

Posted to Maritime Reporter on March 26, 2026

Will Smith, the owner of an electric powerboat team and Hollywood actor, visited Angola Thursday to announce that the capital Luanda would be the venue for the E1 championship round in September. Other E1 owners include the NBA's LeBron James…

When a mother sperm whale has a baby, her friends help.

Posted to Maritime Reporter on March 26, 2026

It is an amazing team effort when a mother sperm whale gives birth. Marine biologists documented the way that multiple adult female sperm whales surrounded the mother during the birth of the whale, and then lifted the calf from the water when the newborn took its very first breath.

Algerian traders report that the country has bought 690,000 tonnes of milling wheat through a tender.

Posted to Maritime Reporter on March 26, 2026

Algeria's state grain agency OAIC bought around 690,000.00 metric tons milling wheat in an international tender that closed on Thursday, European traders reported. They said that the cost of a metric tonne, including freight and cost (c&f), was around $272.

Algeria purchases milling wheat at tender, traders claim

Posted to Maritime Reporter on March 26, 2026

European traders claim that Algeria's state grain agency OAIC bought?milling Wheat in an international bid which closed on Thursday. They said that initial purchases were reported at around $272 per metric ton, including cost and freight. Initial…

French Navy chief held recent talks with foreign counterparts about Middle East

Posted to Maritime Reporter on March 26, 2026

Admiral Nicolas Vaujour said that he has recently held talks with various naval counterparts, including those from Britain, Germany Italy, India, and Japan, about the current situation in Middle East. He wrote in a letter to X on Friday that…

Iranian official: US war proposal is 'one-sided.' Diplomacy remains open.

Posted to Maritime Reporter on March 26, 2026

A senior Iranian official said that Iran's initial reaction to the U.S. proposal, which was emailed to Pakistan,?was a characterization of it as "unfair and one-sided". He added that there might be a way forward if Washington acted with realism.

Crown Estate of Britain plans a new round of offshore wind leasing for next year

Posted to Maritime Reporter on March 26, 2026

The Crown Estate of King Charles III, which is the owner of?Britain?s seabed, announced on Thursday that it plans to?hold a new?offshore-wind leasing round during the first half next year. The Crown Estate is an independently-run, commercial enterprise that generates profit for the UK Treasury.

Drone strikes tanker with Russian oil in Black Sea near Turkey

Posted to Maritime Reporter on March 26, 2026

The Turkish transportation minister confirmed that a drone had struck a crude oil tanker from Turkey, which was leaving Russia. This caused an explosion near the Bosphorus Strait in Istanbul's Black Sea. Abdulkadir Uraloglu, the minister of transportation…

Barclays expects a 13-14 million barrel per day oil supply to be lost due to the prolonged disruption of Hormuz

Posted to Maritime Reporter on March 26, 2026

Barclays stated on Thursday that the closure of the Strait o f 'Hormuz could lead to an estimated 13-14 million barrels of oil per day. They also noted that the disruption was massive, but the duration of it was uncertain. The bank believes…

NTV reports that a drone hit a Turkish crude oil tanker near the Bosphorus Strait.

Posted to Maritime Reporter on March 26, 2026

NTV reported that a Turkish crude oil tanker named the "Altura" was struck by a drone about '15 nautical miles (28 km) from Istanbul in the Bosphorus Strait. Its 27 crew members were unharmed. According to data from ship tracking, the vessel…

Delfin offshore Louisiana LNG final investment decision will be made as soon as the pipeline is approved

Posted to Maritime Reporter on March 25, 2026

Eduard Ruijs is the head of investment for Vitol. The company investing in this project, says that the final investment decision will be made in the Delfin LNG project, offshore Louisiana, in a few weeks or months. Ruijs said that the '13.2…

Libyan coast guard tows Russian LNG tanker damaged away from its shores

Posted to Maritime Reporter on March 25, 2026

The Government of National Unity in Tripoli (GNU) announced that the Libyan coast guard had 'begun towing' a damaged LNG?tanker, which several Mediterranean countries had warned was a risk to the environment after it drifted?unmanned? for weeks.

Taiwan's MFIG purchases about 65,000 tonnes corn from US traders, say

Posted to Maritime Reporter on March 25, 2026

European traders reported that Taiwan's MFIG buying group?bought 65,000 metric tonnes of?animal?feed corn expected to be sourced _from the United States?in an international tender held on Wednesday. The yellow corn purchased was at a premium estimated to be 199.95?U.S.

Fincantieri, the shipbuilder, confirms its outlook for 2025 as profits soar.

Posted to Maritime Reporter on March 25, 2026

The underwater business segment, which saw an 88% increase in revenue, was the main driver of this?fourfold? jump. The shares of the Trieste-based firm rose up to 7.5% after the results. State-controlled shipbuilder reiterated their 2026 'targets' for revenue between 9.2 and 9.3 billion euro…