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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…

Sources: CPC bottlenecks cause oil to be diverted to the local market from the giant Kazakh field

Posted to Maritime Reporter on January 22, 2026

Four industry sources said that oil from Kazakhstan's massive Kashagan field has been diverted to the domestic market, for the first-time due to bottlenecks in the Black Sea terminal which handles the bulk the country's crude imports. After…

Germany's TKMS is looking for investment packages to woo Canada about the $12 billion submarine tender

Posted to Maritime Reporter on January 20, 2026

The CEO of TKMS, a warship builder, said that he is in discussions with Norwegian and German firms to offer a multibillion-dollar package to Canada 'in a fiercely-competitive submarine tender. He was trying to beat a rival 'South korean' bid.

Germany's TKMS is looking for investment packages to woo Canada about the $12 billion submarine tender

Posted to Maritime Reporter on January 20, 2026

The CEO of TKMS, a warship builder, said that he is in discussions with 'Norwegian, German and German companies in order to offer a multibillion-dollar investment package to Canada as part of a fiercely competitive'submarine tender. He hopes to beat a competing South Korean bid.

Hong Kong will call 10 witnesses to the stand in a case involving Baltic Sea cable damage

Posted to Maritime Reporter on January 20, 2026

After a hearing in Hong Kong on Tuesday, the lawyer of the Chinese captain alleged that ten witnesses would be called to testify against him in a criminal?damage case. The Chinese captain is accused of damaging undersea cable in Baltic Sea.

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.

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…

Bousso

Posted to Maritime Reporter on January 15, 2026

Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.

Brazil sets the starting bid at $93 Million for Santos Port Terminal Auction

Posted to Maritime Reporter on January 12, 2026

The 'Ports and Airports Ministry' announced on Monday that Brazil has set a'minimum concession fee' of '500 million reais (92.96 million dollars) for the massive Tecon 10-container terminal auction at the port of 'Santos', which is expected to happen in the second half of March.

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on January 9, 2026

Here are some company news and stories that could have a significant impact on France and Benelux's markets or individual stocks. AIR FRANCE KLM has announced that 80 flights will be cancelled on Friday from and to Amsterdam Schiphol Airport due to expected snowfall in the Netherlands.

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex 'Wong, 'global chief strategist at Hanwha Group said that the?Philly Shipyard of Hanwha has the ability to build a nuclear-powered submarine? for the U.S. Navy. Wong stated during Hanwha's Hanwha media day in Philadelphia on Monday that "the U.S.

Hanwha's Philly Shipyard could build nuclear submarines for the US Navy, says executive

Posted to Maritime Reporter on December 25, 2025

Alex Wong is the global chief strategy officer of Hanwha Group. According to a press release issued by the South Korean firm on Thursday, the company's Philly Shipyard can build a nuclear submarine for the U.S. Navy. Wong, who spoke at the Hanwha media day in Philadelphia on Monday…

Orsted sells Cathay 55% of Taiwan's wind farm

Posted to Maritime Reporter on December 23, 2025

Orsted, a Danish offshore wind developer, has agreed to sell a 55% stake in its Greater Changhua II offshore wind farm in Taiwan. The deal is worth approximately 5 billion Danish crowns (788.74m). You can also restore your own website. Investor…

Russell: China overtakes OPEC+ to become the primary oil price maker

Posted to Maritime Reporter on December 23, 2025

The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…

Russell: China overtakes OPEC+ to become the primary oil price maker

Posted to Maritime Reporter on December 22, 2025

The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…

Oil rises by over 1% after Trump blocks oil tankers from entering or leaving Venezuela

Posted to Maritime Reporter on December 16, 2025

U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.

After a hot streak, defense companies backed by Silicon Valley are experiencing growing pains

Posted to Maritime Reporter on December 8, 2025

The share of Pentagon contracts held by U.S. Defense Technology companies has roughly doubled over the last year. However, they are still facing growing pains in their efforts to transform from startups to heavyweights that can build weapons at scale.

Taiwan claims that China has sometimes staged mock attacks against foreign navy ships in the Strait

Posted to Maritime Reporter on December 3, 2025

A senior Taiwan official revealed on Wednesday that China's military simulates foreign naval vessels being attacked in the Taiwan Strait, and Taiwan shares information with international partners who operate in these waters. China, which claims democratically-governed Taiwan as its territory…

Poland selects Sweden to provide it with three subs

Posted to Maritime Reporter on November 26, 2025

Poland announced on Wednesday that it had selected Sweden to provide it with three subs. The multi-billion dollar deal is a crucial element in Warsaw's effort to strengthen its defenses in the Baltic Sea. Warsaw is increasing its investments…

EU wheat prices with Chicago ease as rally fueled by China subsides

Posted to Maritime Reporter on November 19, 2025

Euronext Wheat prices fell Wednesday, in line with Chicago. A grain market rally sparked by Chinese purchases U.S. Soybeans faded as wheat traders shifted their focus back to the ample global supply. The most active contract, March wheat on the Paris Euronext exchange…

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