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Wednesday, January 21, 2026

Maritime Blogs Europe

German crew member killed in accident during transatlantic race

Posted to Maritime Reporter on January 20, 2026

Race organisers announced on Tuesday that a crew member of a German yacht participating in the Royal Ocean Racing Club's Transatlantic Race had died after an accident occurred during the crossing between Spain and Antigua. The club previously…

EU Wheat Slips as Euro Jump and Export Competition Weigh

Posted to Maritime Reporter on January 20, 2026

Traders said that Euronext wheat prices fell on Tuesday due to a sharp increase in the euro, and the results of import tenders which showed the level of 'competition with Argentinean and Black Sea supply,' traders reported. The?most actively…

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.

Kuwaiti investor Al-Kharafi buys 3% Ferretti stake

Posted to Maritime Reporter on January 20, 2026

Kuwaiti businessman Bader Nasser Al-Kharafi announced?on?Tuesday that he acquired a 3% stake in luxury yacht maker Ferretti. This comes amid efforts to reshape Ferretti's Italian shareholder base and its board. According to a press release, the deal was made through BNK Holding.

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.

Leonardo Chair rebuts Fincantieri merger remarks

Posted to Maritime Reporter on January 20, 2026

Leonardo's Chairman on Tuesday dismissed his?comments about a possible merger with Italian shipbuilder Fincantieri as a "light-hearted joke". Stefano Pontecorvo, at a business meeting in Milan on Monday, floated the idea that the two state-controlled companies could merge.

In January, diesel exports to Russia from Primorsk could reach a record high.

Posted to Maritime Reporter on January 20, 2026

Data from traders LSEG, and calculations revealed a Tuesday that ultra-low-sulphur-diesel loadings in the Russian 'port of Primorsk could rise by 'about one-third - from December to January and may exceed 2.2 million metric tonnes, due to higher fuel production and a seasonally -weaker demand.

Russia jails U.S. citizens for five years because they carried rifles on yacht

Posted to Maritime Reporter on January 20, 2026

The Russian court service reported that a U.S. national was sentenced to five years' imprisonment for 'crossing the border in possession of a weapon, when he left the United States on a ship to meet a Russian woman whom he had met online. In a statement released on Monday…

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.

Ocean rescue drama: Sailor injured in RORC Transatlantic Race

Posted to Maritime Reporter on January 19, 2026

The race organizers reported that a crew member on the German yacht Walross 4, was unconscious after an accident occurred deep in the Atlantic Ocean. This led to a coordinated rescue in mid-ocean. The Nissen 56 owned by Berlin's ASV was about 1…

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.

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.

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.

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…