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Italy recovers 19 bodies of migrants from boat; survivors are taken to Lampedusa

Posted to Maritime Reporter on April 1, 2026

Rescue officials and migrants rescue charities reported that the Italian coast?guard had recovered the bodies and rescued 58 surviving migrants from a boat which broke down while trying to 'cross -to Europe? from Libya. A spokesperson for MSF…

Italy recovers 19 bodies of migrants from boat; survivors are taken to Lampedusa

Posted to Maritime Reporter on April 1, 2026

Rescue?officials, and migrant rescue charities said that the Italian coast guard recovered 19 bodies and rescued 58 survivors after a boat broke down while trying to reach Europe from Libya. A spokesperson for MSF and the International Organization for Migration said that some of the victims…

French Navy chief: China needs to be more involved in Strait of Hormuz discussions

Posted to Maritime Reporter on April 1, 2026

France's Navy Chief said that China may 'at some point' have to take a more direct role in re-establishing?traffic flows? through the Strait of Hormuz, because its number of ships is probably insufficient. "We have not seen the Chinese navy intervene to reopen this strait.

The humpback whale "Timmy" struggles to escape shallow water off Germany

Posted to Maritime Reporter on March 29, 2026

After a 'week-long ordeal, which has put its survival into doubt, a young humpback named Timmy was struggling to find its way?out of shallow bays near the Baltic coast in Germany on Sunday morning. Timmy's plight, which is estimated to be 12-15 metres long…

Maersk suspends operations in Oman's Salalah Port due to security incident

Posted to Maritime Reporter on March 28, 2026

Maersk, a Danish container shipping company, has temporarily suspended?its operations?at the Port of Salalah in Oman. This was due to a security incident which occurred on Saturday morning. The shipping giant released a statement saying that all Maersk crew were safe and accounted.

Asda in Britain is hit by fuel shortages due to the Iran war.

Posted to Maritime Reporter on March 27, 2026

Asda's boss said that the U.S. and Israeli 'war on Iran' has caused a spike in demand for fuel, resulting in temporary?shortages? at some of their forecourts. Fears of higher prices and supply disruptions from the conflict are driving motorists to fill up more often.

Norway increases its long-term defense plan by $12 billion

Posted to Maritime Reporter on March 27, 2026

The government announced on Friday that Norway will increase its defence expenditures by 115 billion crowns (about 11.87 billion dollars) between now and 2036 to compensate for the rising costs of military equipment. According to the government…

Burling confirms Luna Rossa sailing team for America's Cup

Posted to Maritime Reporter on March 26, 2026

Peter Burling, helmsman of the?New Zealand?Team in America's Cup, will be aiming to oust his former team as a?driver? for 'Italian' challengers Luna Rossa. Burling won three America's Cups with New Zealand, but they parted ways last year when they couldn't agree on terms.

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.

French Navy chief held recent talks with foreign counterparts about Middle East

Posted to Maritime Reporter on March 26, 2026

Admiral Nicolas Vaujour said that he has recently held talks with various naval counterparts, including those from Britain, Germany Italy, India, and Japan, about the current situation in Middle East. He wrote in a letter to X on Friday that…

Crown Estate of Britain plans a new round of offshore wind leasing for next year

Posted to Maritime Reporter on March 26, 2026

The Crown Estate of King Charles III, which is the owner of?Britain?s seabed, announced on Thursday that it plans to?hold a new?offshore-wind leasing round during the first half next year. The Crown Estate is an independently-run, commercial enterprise that generates profit for the UK Treasury.

Delfin offshore Louisiana LNG final investment decision will be made as soon as the pipeline is approved

Posted to Maritime Reporter on March 25, 2026

Eduard Ruijs is the head of investment for Vitol. The company investing in this project, says that the final investment decision will be made in the Delfin LNG project, offshore Louisiana, in a few weeks or months. Ruijs said that the '13.2…

Fincantieri, the shipbuilder, confirms its outlook for 2025 as profits soar.

Posted to Maritime Reporter on March 25, 2026

The underwater business segment, which saw an 88% increase in revenue, was the main driver of this?fourfold? jump. The shares of the Trieste-based firm rose up to 7.5% after the results. State-controlled shipbuilder reiterated their 2026 'targets' for revenue between 9.2 and 9.3 billion euro…

Algeria announces tender for wheat purchase, traders claim

Posted to Maritime Reporter on March 24, 2026

?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…

Vitol, a global commodity trader, has increased its annual turnover to $343 billion

Posted to Maritime Reporter on March 24, 2026

Vitol, a global?commodities?trading?house, said on Tuesday that it would increase its revenues and trade more oil by 2025 as compared to 2024. The firm reported that the trading house's turnover grew by 3.6% last year to $343 billion, with its…

Mike Lynch's estate denied permission to appeal UK HP-Autonomy Case

Posted to Maritime Reporter on March 24, 2026

The estate of the late British tech tycoon, 'Mike Lynch' was denied permission to appeal on Tuesday against a ruling by London High Court which found that he had been liable for Hewlett Packard Enterprise in relation to its acquisition of his company?Autonomy. Hewlett-Packard, the U.S.

Iranian man released following alleged attempt to enter UK sub base

Posted to Maritime Reporter on March 23, 2026

A man arrested in Scotland last week on suspicion of trying to enter Britain's nuclear sub base has been released pending further investigations, Scottish prosecutors announced Monday. A 34-year old man and a 31 year-old Romanian woman were…

TotalEnergies will invest $1 billion into fossil fuel projects after abandoning US offshore wind.

Posted to Maritime Reporter on March 23, 2026

On Monday, the United States and French energy giant TotalEnergies announced that they would redirect nearly $1 billion in offshore wind leases towards U.S. production of oil and gas. The agreement represents a new approach in the Trump Administration's…

UK looks at expanding its regulatory powers to combat energy price gouging and profiteering

Posted to Maritime Reporter on March 23, 2026

Keir Starmer, Britain's Prime Minister, said on Monday that his government may re-examine the powers of the Competition Regulator to combat price gouging in the energy market. Starmer, a member of a parliamentary committee, said: "We are looking at ways to combat 'profiteering.

Starmer: UK must prepare for a prolonged Middle East conflict

Posted to Maritime Reporter on March 23, 2026

Keir Starmer, British Prime Minister, said on Monday that Britain must prepare for the possibility that a war with Iran could last for some time. He added that there were no "meaningful" concerns about energy supply. Starmer said that the emergency…