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Minister says UK supported French operation on board sanctioned Russian vessel

Posted to Maritime Reporter on January 22, 2026

John Healey, UK Defence Minister, said that Britain had provided tracking and?monitoring?support to a French operation to a board a sanctioned Russian oil tanker to choke off?the funds which fuel Russia's incursion into Ukraine. Healey stated…

Sources: German military preparing for at least three frigates to be purchased from TKMS

Posted to Maritime Reporter on January 22, 2026

According to sources familiar with this project, the German military is preparing a purchase of at least three MEKO A200 class frigates from German shipbuilder TKMS. Each of these ships will cost around $1.17 billion. Sources said that a 'preliminary…

French Navy intercepts Russian tanker in Mediterranean

Posted to Maritime Reporter on January 22, 2026

The French Navy?on Thursday intercepted in the Mediterranean a Russian oil tanker suspected of being part of 'the shadow fleet' that allows Russia to export its oil despite sanctions. This?operation was conducted... with support from several of our allies.

Sailing New Zealand will defend America's Cup at Naples in July 2027

Posted to Maritime Reporter on January 22, 2026

Organisers announced on Wednesday that New Zealand would begin its defence of the America's Cup on Saturday, July 10, next year, in the Italian city of Naples. The contest will end 'the following weekend'. The winner of the elimination round…

Sources: CPC bottlenecks cause oil to be diverted to the local market from the giant Kazakh field

Posted to Maritime Reporter on January 22, 2026

Four industry sources said that oil from Kazakhstan's massive Kashagan field has been diverted to the domestic market, for the first-time due to bottlenecks in the Black Sea terminal which handles the bulk the country's crude imports. After…

Emirates renews New Zealand's support for America's Cup defense

Posted to Maritime Reporter on January 22, 2026

Airline Emirates has renewed its partnership with New Zealand, as the team prepares to defend America's Cup at the America's Cup next year in Naples. Emirates Team New Zealand defeated Ben Ainslie’s British crew in the America’s Cup Match Final in Barcelona 2024.

British America's Cup Team relaunches under GB1 with Fletcher at the helm

Posted to Maritime Reporter on January 22, 2026

Ben Ainslie's British Team announced on Wednesday that they will compete for the America's Cup under the name GB1; Dylan Fletcher has been named as the helmsman for their latest attempt to?lift this coveted trophy. GB1 has not named a second…

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.

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…

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.

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