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Quantum Pacific, an investor in Atletico Madrid, has purchased SailGP's Los Gallos.

Posted to Maritime Reporter on April 9, 2026

Quantum Pacific has acquired Spain's Los Gallos sailing team, led by Olympic champions Diego Botin & Florian Trittel. This was announced on Thursday. SailGP did not reveal?financial information?of this deal. The sailing league stated that it…

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.

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…

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.

New York Times Business News - December 18,

Posted to Maritime Reporter on December 18, 2025

These are the most popular stories from the New York Times' business pages. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. The United States has approved the sale of $11.1 billion worth of arms to Taiwan. This is the largest U.S.

Tennis-Swiatek wins Korea Open title after a comeback

Posted to Maritime Reporter on September 21, 2025

Iga Swaatek, who is a determined player, came back from the brink to win the Korea Open title. She survived a scare in the first game before defeating Russian Ekaterina Alexova with a score of 1-6 7-6(3) and 7-5. Swiatek looked out of place in the first two sets.

Monaco's Casirighi's team wins Admiral's Cup as they master the waves

Posted to Maritime Reporter on July 30, 2025

Monaco Yacht Club won the Admiral's Cup for the first time on Wednesday. They were the first team to win the prize from the Principality after a long series of races that culminated with the Fastnet Race. Monaco won the Fastnet final after a fierce battle in six inshore races on the Solent.

Black Jack wins the centennial Fastnet thriller

Posted to Maritime Reporter on July 29, 2025

Monaco's Black Jack 100 played perfectly on Tuesday, taking monohull line honors in the 100th anniversary Rolex Fastnet Race. This rounded off a fiercely-contested few days, which saw record fleets and tight margins. Underdogs pushed giants across 695 nautical mile of testing waters.

The Sailing-Admiral's Cup brings world's elites to Cowes

Posted to Maritime Reporter on July 10, 2025

The Admiral's Cup, which has been absent for two decades, returns to Cowes in this month. A top-tier fleet of international teams, including America's Cup veteran, Olympic medallists, and offshore specialists, will compete for the coveted trophy.

Irish sisters rewrite playbook for elite youth worlds

Posted to Maritime Reporter on June 27, 2025

Three Irish sisters are rewriting history at the Optimist World Championship, a regatta that is forming the future of sailing. Maeve Donagh, Emily Donagh and Lily Donagh will represent Ireland in the 2025 edition at Portoroz. Together with teammates Charlotte Crosbie…

Ferretti, the Italian yacht manufacturer, is looking to acquire a new boat this year

Posted to Maritime Reporter on March 10, 2025

Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.

The first Chinese Vendee Globe sailer aims to inspire future generation

Posted to Maritime Reporter on November 7, 2024

Xu Jingkun, the only Chinese skipper among the 12 non French skippers who will start the 10th edition on Sunday of the Vendee Globe, is the first to sail non-stop alone around the world despite having lost his left arm when he was 12. Xu, the…

Red Bandit wins the race to become Germany's third winner

Posted to Maritime Reporter on October 23, 2024

Carl-Peter Forster's Red Bandit from Germany won the 45th Rolex Middle Sea Race on Wednesday, becoming the third German boat to win this prestigious offshore challenge. Red Bandit followed in the footsteps Saudade and Morning Glory, who won the race in 1983 and 2006 respectively.

Scallywag 100 is first to cross the line in Middle Sea Race

Posted to Maritime Reporter on October 22, 2024

Scallywag 100, owned by Hong Kong businessman Lee Seng Huang, crossed the finish of the Rolex Middle Sea Race 2024 on Tuesday. It was the first monohull to complete this challenging course. The supermaxi completed the 606 nautical-mile offshore race that starts and ends in Valletta…

America's Cup design is followed by the development of hydrogen chase boats

Posted to Maritime Reporter on October 17, 2024

In the middle of the America's Cup armada, a half dozen futuristic-looking craft are quietly zipping above the waves. The sleek foiling machine, designed by New Zealand's America's Cup Team, looks more like a large sports car than a boat. It…

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 11, 2024

After a successful Games in France that helped revive the Olympic brand, Paris has handed the baton over to Los Angeles. In a nail-biting women's basketball match against France, the United States won the final gold medal of the Games and moved ahead of China on the medal table.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 11, 2024

In a thrilling women's basketball match against France, the United States won the final gold medal of the Games and pushed them to the top of the medal table ahead of China. After a successful Games in France that helped revive the Olympic brand…

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 11, 2024

Sifan Hassan took the gold medal in the women's race, achieving an Olympic record of 2 hours, 22 mins and 55 secs. It was her first medal on the final day of the Olympics in 2024, when more than a dozen were up for grabs. After a successful Games in France that helped revive the Olympic brand…

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 10, 2024

The United States won a gold medal in basketball and a silver in table tennis, while China took home a number of golds in diving, weightlifting, and table tennis. The top two medal tables are still in play for the dominant sports nations on the final day of the Games. U.S.

PARIS OLYMPICS: What you should know now

Posted to Maritime Reporter on August 10, 2024

The penultimate Olympic day begins with the marathon, and concludes with an evening packed with athletics. There are also finals for volleyball, basketball and soccer, as well as table tennis. Imane Khelif, the first woman from Algeria to win a gold medal in boxing…
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