Posted to Maritime Reporter
on
May 19, 2026
A Maldives government spokesperson said that the 'bodies' of two Italian divers who died in a scuba-diving accident have been recovered. Meanwhile, efforts are continuing to recover the remains of another two Italian divers. The five divers entered a deepwater cavern last week.
Posted to Maritime Reporter
on
May 18, 2026
The bodies of four Italian scuba divers who were'missing' after an accident in underwater caverns have been found by a specialized team, Maldives officials said and DAN Europe divers network announced on Monday. DAN Europe stated that the Finnishā¦
Posted to Maritime Reporter
on
May 18, 2026
The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz. Governments in major consumers nations are turning to opaque deals with Gulf producers and Tehran to secure their?supplies.
Posted to Maritime Reporter
on
May 18, 2026
In the past few weeks, buyers from the United States purchased milling wheat in Poland at high prices. Wheat prices are driving demand for cheaper supplies, traders in Europe said on Monday. The U.S. has previously purchased Polish wheat from the new 2026 crop, as reported in April.
Posted to Maritime Reporter
on
May 18, 2026
Ukrainian authorities reported that Russian drones attacked two ships approaching ports in Ukraine's Odesa region in the Black Sea on Monday, including a Chinese cargo vessel. This was after a night-long Russian attack on the area. The Ukraine'sā¦
Posted to Maritime Reporter
on
May 18, 2026
European traders reported on Monday that buyers?from the United States?purchased milling wheat in Poland in the?past weeks?. High U.S. prices of wheat generated demand for lower supplies. This is a continuation of previous U.S. sales of?Polish?wheat from the new 2026 crop reported in April.
Posted to Maritime Reporter
on
May 18, 2026
The DAN Europe Divers' Network announced that three Finnish cave divers will join a team in the Maldives on Monday in order to search for and recover the bodies of four Italian scuba divers killed in an underwater cave accident. DAN Europe, in a statementā¦
Posted to Maritime Reporter
on
May 15, 2026
Euronext Wheat extended its?losses in line with Chicago on Friday as the U.S. China summit resulted in a broad selling of grains, while improved crop conditions in Europe eased concerns about drought. By 1549 GMT on September 15, the price ofā¦
Posted to Maritime Reporter
on
May 15, 2026
Four trading sources said that spot premiums for Russian's Far East ESPO blend crude oil to be delivered to?China in June and July, have lowered due to the weak Chinese refining margins as well as slow demand. Sources said that the decline inā¦
Posted to Maritime Reporter
on
May 14, 2026
Sources close to the matter said that shareholders in Italian 'yacht builder Ferretti' on Thursday sided with China's Weichai Group?in a shareholder dispute, ending CEO Alberto Galassi?s 12-year tenure and naming a new board. The shareholders'ā¦
Posted to Maritime Reporter
on
May 14, 2026
Subrahmanyam?Jaishankar, the Indian Foreign Minister, said that unimpeded maritime flow through international waters including the Strait of Hormuz is vital for global economic well-being. Jaishankar spoke?at?the beginning of a two day meeting of BRICS Foreign Ministers in New Delhi.
Posted to Maritime Reporter
on
May 13, 2026
Australia has entered its first 'America's Cup' team in 25 years, for the 38th edition next year of the historic sailing competition in Naples, Italy. The Royal 'Prince Edward Yacht club announced on Wednesday that it had issued a notice of?Challenge? to the defending New Zealand Yacht Squadron.
Posted to Maritime Reporter
on
May 13, 2026
Ferretti's second-largest investor, KKCG Maritime, said it had notified the Italian Government of possible breaches of so called golden power rules?ahead of a shareholder battle over boardroom renewal. Ferretti's biggest shareholder is China Weichai, with a stake of 39%.
Posted to Maritime Reporter
on
May 13, 2026
British police said on Wednesday that they had recovered the bodies of three women from the sea at Brighton. They were now working to determine how this "tragic event" occurred. Local media reported that multiple emergency vehicles, a lifeboatā¦
Posted to Maritime Reporter
on
May 13, 2026
Next year, Australia will be launching its first challenge for the America's Cup in a quarter-century at the 38th edition of the prestigious regatta. The Royal Prince Edward Yacht Club announced on Wednesday that it had issued an Notice of Challenge against the New Zealand Yacht Squadron.
Posted to Maritime Reporter
on
May 13, 2026
Data from the Petroleum Association of Japan showed that Japanese refineries processed oil at over 70% of their capacity for the first since March. This was due to crude being released from their stockpiles, and other alternative sources. Japanā¦
Posted to Maritime Reporter
on
May 12, 2026
The Ukrainian Grains Association's (UGA) head said that the corn crop in Ukraine is expected to increase to 32.6 million metric tons by 2026/27 from 31.3 million in?2025/26. Corn exports will also rise to 26 million tons, up from 22 million.
Posted to Maritime Reporter
on
May 12, 2026
Thyssenkrupp increased the value assigned to its steel business on Tuesday by a quarter, just two weeks after failed talks to sell to India's Jindal Steel. Thyssenkrupp, a German company, has tried to sell Europe's second largest steelmaker, ArcelorMittal, for years.
Posted to Maritime Reporter
on
May 12, 2026
TotalEnergies plans to install the new Adiana floating storage and offloading vessel (FSO) towards the end of next year, as part efforts to maintain oil production by replacing a unit that is ageing offshore Nigeria. The new vessel will replaceā¦
Posted to Maritime Reporter
on
May 11, 2026
Fincantieri, an Italian shipbuilder, revised upwards on Monday its '2026 guidance in terms of revenue and core profit. It also increased its net profit. This was after it signed a number of large contracts earlier this year that surpassed its full-year goal.
