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
The U.S.-dominated global oil trade system is under pressure from the Iran War and the closing of the Strait of Hormuz as governments in major consumer nations make increasingly opaque deals to secure supplies with Gulf and Tehran producers.
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 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 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 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.
Posted to Maritime Reporter
on
May 11, 2026
Fincantieri, an Italian shipbuilder, revised its full-year guidance on Monday for revenues and core profit. The group reported that new orders fell by just over 70% in the first quarter to 3.4 billion euro ($4.00 'billion). However, this doesā¦
Posted to Maritime Reporter
on
May 11, 2026
TKMS said that its order backlog had reached a new record on Monday. This is due to the continued demand for weapons in Europe to reduce military dependency on the United States. TKMS is owned by the German engineering conglomerate Thyssenkruppā¦
Posted to Maritime Reporter
on
May 10, 2026
Bonds Flying Roos from Australia won the Bermuda SailGP on Sunday. They beat Spain's Los Gallos, and Germany by Deutsche Bank to clinch their third win of the 2026 'SailGP' season. Tom Slingsby led the?Australian Team to victory in the Greatā¦
Posted to Maritime Reporter
on
May 9, 2026
The Bermuda SailGP is the fifth round of the 2026 season. The U.S. SailGP Team finished third with 28 points. Australia and Spain tied on 32 after racing on the Great Sound in 'SailGPs fourth visit to Bermuda. Germany by Deutsche Bank is tied with Canada's NorthStar on 25. Taylor Canfieldās U.S.
Posted to Maritime Reporter
on
May 8, 2026
Commodity traders reported on Friday that although rain has raised the water level on the Rhine River in Germany, it is still impossible to ship with full cargo loads. The river was too shallow in April and May due to dry weather, preventing ships from sailing with full loads.
Posted to Maritime Reporter
on
May 7, 2026
Rheinmetall's CEO Armin Papperger stated 'on Thursday' that the company could sign a contract to take over Germanyās delayed F126 frigate program 'in the second quarter'. This would further highlight the growing focus of the company on the naval sector.
Posted to Maritime Reporter
on
May 7, 2026
Fuel markets in the U.S. are flashing warning signals. Donald Trump has said repeatedly that gasoline prices would "drop like rocks" when the Iran conflict ended. The sharp and persistent declines in U.S. crude, gasoline and diesel stocks in recent months suggests otherwise.
