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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.

First SailGP win for the United States in Sydney since 2023

Posted to Maritime Reporter on March 1, 2026

Taylor Canfield led the United States to victory in the Sydney Sail Grand Prix 'on Sunday. It was their first win since Cadiz,?October 20, 2023. Australia's Bonds Flying Roos did not make it to the?event?final for the first time. Canfield's…

Australia wins SailGP Auckland, but is overshadowed in dramatic crash

Posted to Maritime Reporter on February 14, 2026

Australia's Bonds Flying Roos successfully defended the?Auckland SailGP championship title on Sunday - climbing to the top of?leaderboard? after two events. The Australian team, led by Tom?Slingsby overtook the reigning champions Emirates Great…

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.

Master Lock Comanche takes line honours at Sydney to Hobart race

Posted to Maritime Reporter on December 28, 2025

Master Lock Comanche won the Sydney to Hobart race on Sunday, after a three-way battle with supermaxis LawConnect (the winner) and HSK Scallywag100 (second). Comanche, owned by Matt Allen and James Mayo, finished the race in just two days, five hours…

LawConnect takes the lead early in Sydney-Hobart race

Posted to Maritime Reporter on December 25, 2025

LawConnect, the defending line honours champion, took the early lead on Friday in the Sydney-Hobart yacht racing race. The fleet of 129 supermaxis pushed out from a cloudy Sydney Harbour into the choppy seas of the South Pacific. LawConnect…

Alinghi returns as America's Cup partners are named

Posted to Maritime Reporter on December 22, 2025

Alinghi will return for the 2027 America's Cup. Organisers of the competition confirmed on Monday that the Swiss outfit was one of at least five teams comprising a new America's Cup Partnership. Alinghi announced in April that they would cease…

Australian swimmer Thorpe will take part in Sydney to Hobart Yacht Race

Posted to Maritime Reporter on December 5, 2025

Ian Thorpe, five-time Olympic gold medalist in swimming, has announced that he will be joining the supermaxi LawConnect crew to chase a third successive victory in the Sydney Hobart Yacht Race. Thorpe, 43 years old, will debut in the Cabbage tree Island race on Friday.

SailGP wants to attract new fans through a docuseries called 'Uncharted.'

Posted to Maritime Reporter on May 20, 2025

SailGP released its first ever docuseries, "Uncharted", on Tuesday. The three-part series focuses on Red Bull Italy SailGP's CEO Jimmy Spithill who is leading the new team in their inaugural season. SailGP, the world sailing championship, features…

France's Barrier is the only all-female team to win the Jules Verne Trophy

Posted to Maritime Reporter on November 28, 2025

Alexia Barrier, the French skipper and seven female teammates will begin their Jules Verne Trophy quest on Saturday off the coasts of Brest. They aim to set the world's first non-stop circumnavigation time with an all-female team without any outside help.

Ainslie will reveal America's Cup support in a few weeks

Posted to Maritime Reporter on November 14, 2025

Ben Ainslie, a British sailing ace, expects to reveal within a few weeks who is funding his next America's Cup bid, and the team he will be bringing along for the event in Naples, Italy, scheduled for 2027. Ainslie has set himself the goal of "bringing the Cup home" from the United States…

SailGP roars back into action in New York after Rio cancellation

Posted to Maritime Reporter on June 6, 2025

SailGP teams are ready to shake off rust this weekend in New York, as the global championship returns to action following a short hiatus caused by a defect with the wingsail that forced the cancellation of the Rio event. The defect was identified…

Azimut Benetti, an Italian yacht manufacturer, says that tariffs will not affect larger yachts

Posted to Maritime Reporter on May 19, 2025

The majority of luxury yachts manufactured by Italy's Azimut-Benetti won't be directly affected by U.S. tariffs on imports, said its owner and chairwoman, but the wider impact of trade tensions may become problematic. Giovanna Vitell told the Financial Times Business of Luxury forum in Barcelona…

The PM announces that Sailing-Italy will host the 2027 America's Cup at Naples.

Posted to Maritime Reporter on May 15, 2025

The next America's Cup will be held in Naples in 2027, announced Prime Minister Giorgia Melons on Thursday. This is the first time that Italy has hosted the sailing's most prestigious event. New Zealand, three-times champions and defending hosts of the event…

Burling, America's Cup winning skipper, leaves Team New Zealand

Posted to Maritime Reporter on April 10, 2025

Peter Burling, three-time America's Cup winner and skipper of Team New Zealand, has parted ways with the team after they failed to reach an agreement ahead of the 38th regatta. Team NZ's management said it and Burling were in talks since their…

INEOS withdraws America's Cup Challenge

Posted to Maritime Reporter on April 9, 2025

INEOS Britannia, the team backed up by INEOS Chief Jim Ratcliffe, announced on Wednesday that it had withdrawn from the race for the America's Cup due to a failure to reach a deal with Athena Racing of former skipper Ben Ainslie. INEOS announced…

Holders New Zealand cancel plans to host the next America's Cup

Posted to Maritime Reporter on March 31, 2025

New Zealand, the three-time defending champions of the America's Cup will not be seeking to host the next edition. An Emirates Team New Zealand announcement on Monday cited a lack economic support from government. New Zealand won the 37th America's Cup last October in Barcelona…

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.

Hungary's Weores withdraws from Vendee Globe due to damage to the boat

Posted to Maritime Reporter on December 16, 2024

Szabolcs WEORE, New Europe Hungarian skipper, has pulled out from the Vendee globe due to irreparable damages to his boat. Organisers of the solo non-stop unassisted sailing around the world competition announced this on Monday. Weores' IMOCA shroud…
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