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June 26, 2026
The European Union's Oil Co-ordination Group said on Friday that, while?oil flows were slowly recovering after a preliminary agreement to end the Iran War, it will still?take time for these supplies to reach Europe. The Oil Coordination Group…
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June 26, 2026
The Norwegian 'energy company Equinor announced on its website that it would close its Tokyo office and end its offshore 'wind - business activities in Japan by the year 2026. This decision is a result of a strategic reassessment by?Equinor…
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June 25, 2026
The French navy has seized another tanker, which it believes is linked to Russia's shadow fleet. This highlights the intensification of European efforts this year to enforce sanctions and squeeze one of Moscow's major revenue streams. Since the beginning of 2026…
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June 25, 2026
All three bids received for the engine maker Everllence by Volkswagen valued the unit at "clearly" more than EUR9 billion ($10.21 billion), according to a source involved in the negotiations. Volkswagen has chosen U.S. Private Equity firm Bain Capital for the acquisition of 51% of this unit.
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June 25, 2026
Bloomberg reported that Steffen Meister, the Chairman of Partners Group, said that the company may reduce slightly in size its evergreen funds while still sticking to its overall strategy. This comes after a recent cap on withdrawals from a private equity fund.
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June 25, 2026
The Kremlin announced on Thursday that Moscow would 'explore its legal options to the fullest extent possible' if Russian crude from a tanker captured by Britain in this month was sold. The Daily Telegraph reported that Britain could hold an auction in order to sell the '100…
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June 25, 2026
The Kremlin said on Thursday that it would 'explore its legal options and use them to the maximum extent possible' if Russian crude from a tanker captured by Britain in this month was sold. The Daily Telegraph reported that Britain could hold an auction to dispose of the 100…
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June 25, 2026
The Kremlin denied on Thursday a Wall Street Journal article that claimed that it was pressuring Belarus to back an "expansion" of Russia's war against Ukraine. The WSJ reported Wednesday that Russia was looking to Belarus as a launchpad to…
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June 25, 2026
The?shares of Volkswagen rose 2.4% on Friday following the?announcement that a majority of its engine unit Everllence would be sold in a deal expected to bring in EUR7,4 billion ($8,41 billion) as the automaker continues with its restructuring.
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June 24, 2026
The Financial Times reported that Bain Capital was'set to acquire a majority stake in Volkswagen Marine Engine Unit Everllence. This report was based on people who are familiar with the situation. According to the report, it is estimated that the?unit will be worth?about EUR8.5 billion.
Posted to Maritime Reporter
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June 24, 2026
France will have a much easier time navigating the World Cup when it faces?Norway on?Friday in the final match of Group I. However, finishing first could mean they are facing the most difficult road to the title. France is assured of a spot in the round 32 following victories over Senegal…
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June 24, 2026
The Rheinmetall share price fell by more than 16 percent on Wednesday, after the German defence ministry cancelled a delayed F126 frigate program for which Rheinmetall was the main contractor. According to stock exchange data, by 0906 GMT, Rheinmetall shares were down 13%…
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June 24, 2026
Britain, France, and Germany have raised concerns?on Wednesday? about recent Chinese activities near the east coast Taiwan. China has been mounting coast guard patrols and they are threatening regional stability and freedom to navigate. China…
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June 23, 2026
Norway's World Cup supporter made headlines by refusing to join his countrymen in their viral Viking-inspired rowing gesture. While Erling Haaland's team secured Norway's passage into the knockout rounds with their 3-2 victory over Senegal,…
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June 23, 2026
Norway's players performed the "rowing", a celebration that became iconic for their fans at the World Cup, after reaching the knockout stages with a nervous 3-2 victory over Senegal. Red-clad Norwegians have done their Viking Row in stadiums, escalators, and even Times Square in New York.
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June 22, 2026
Analysts and traders said that the next season will be a 'grinding experience for European Union wheat exporters. The main customer, Morocco, is expected to import less due to its recovery from drought, while rival Black Sea producers are likely to continue to trade.
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June 21, 2026
Los Gallos, a Spanish sailing team, won their first SailGP race of 2026 on Sunday. They defeated Artemis in the Canada 'Sail Grand'Prix at Halifax. Los Gallos, who had been at the rear of the fleet during the race, surged forward to defeat Artemis.
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June 18, 2026
Officials and executives in the industry said that a rise in Russian attacks against Ukrainian seaports could "cut monthly grain shipments" by up to a third. Terminal operators are now facing losses they claim they can't cover alone. Ukraine is one of the world's largest grain exporters.
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June 18, 2026
These are the 'top stories' on the?business pages of The New York Times. These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Vincent Clerc said that any deal allowing Iran to charge fees for the Strait…
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June 17, 2026
After a shareholder vote appointed a new board last month, the new head of Italian yacht maker Ferretti rejected Wednesday allegations made by its second-largest investor that it had breached Italy's golden powers rules, which are designed to shield?strategic?assets.
