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EBRD: Romania to purchase Moldova's Giurgiulesti port on the Danube River

Posted to Maritime Reporter on February 14, 2026

It said that the European Bank for Reconstruction and Development will sell a Danube River Port in Moldova called Giurgiulesti to a neighboring Romania, as the Black Sea State seeks to increase its logistics role 'in central and southeast europe.

Norwegian Cruise Line names board member John Chidsey CEO

Posted to Maritime Reporter on February 12, 2026

Norwegian Cruise 'Line Holdings announced on Thursday that?John Chidsey has been appointed as its chief executive officer, effective immediately. Harry Sommer is stepping down. Chidsey was appointed to the Norwegian board of directors in 2025 after a previous tenure from 2013 to 2022.

American Magic buys Danish SailGP in $60 Million deal

Posted to Maritime Reporter on February 12, 2026

American 'Magic', the sailing team owned by U.S. sports investor Doug?DeVos and based in New Zealand, bought Danish SailGP record-holders ROCKWOOL racing for $60 million. The deal was announced on the eve before the New Zealand event of the global league.

American Magic buys Danish SailGP in a $60 million deal

Posted to Maritime Reporter on February 12, 2026

American Magic, a sailing team owned by U.S. sports investors Doug DeVos and ROCKWOOL, have bought the Danish 'SailGP' speed record holders ROCKWOOL racing in a 60 million dollar deal announced on the eve before the New Zealand event of the global league.

Fincantieri, the Italian shipbuilder, will increase revenue and profit margins by focusing on defence

Posted to Maritime Reporter on February 12, 2026

Fincantieri pledged on Thursday to 'double its core profits to 1.25 billion euros ($1.49billion) by 2030, under a new multi-year defence-focused strategy. This will also double the'shipyard production capacity of 'Italy and expand its underwater business.

Dubai Port giant DP World under pressure over its chief's alleged Epstein ties

Posted to Maritime Reporter on February 12, 2026

The UK Development Finance Agency and Canada's second largest?pension funds have suspended new investments?with global port operator DP World due to alleged ties between DP World's chief executive and disgraced financier Jeffrey Epstein. This has increased pressure on the Dubai based firm.

Meloni, the Italian minister for migration, allows naval blockades to be used against migrants

Posted to Maritime Reporter on February 12, 2026

A government source confirmed that the Italian cabinet had approved a bill authorizing?naval blocksades during times of "exceptional pressure" on the country's border. This is part of a broader?tightening?of measures against irregular arrivals.

Fincantieri, Italy, partners with Generative Bionics for a humanoid robot to weld.

Posted to Maritime Reporter on February 12, 2026

Italian shipbuilder Fincantieri announced a partnership on Wednesday with the 'deep-tech company, 'Generative Bionics' to develop a humanoid robot that will work alongside its workers in shipyards. Fincantieri’s shipyard in Genoa, Italy, will begin testing the robot by 2026.

Traders say Turkey has received offers for the 255,000 tons of barley tender.

Posted to Maritime Reporter on February 12, 2026

Initial assessments by traders indicated that the lowest price offered in the first round tender of the 'Turkey state grain board TMO for the purchase and import of 255,000 metric tons of animal feed barley was $266.20 per ton, cost and freight included.

TKMS, a submarine manufacturer, has a record backlog of orders worth $22 billion and is raising its sales forecast.

Posted to Maritime Reporter on February 11, 2026

German submarine manufacturer TKMS announced a record-breaking $22 billion backlog of orders on Wednesday. They also raised their 2026 sales forecast, citing a surge in demand for warships during a period of increasing geopolitical tensions.

Balich, the director of the Olympics, says that athletes' parades have made ceremonies run long

Posted to Maritime Reporter on February 10, 2026

Creative director Marco Balich said that the opening ceremony for the Milano Cortina Winter Olympics in Italy was a complex show, staged at four different locations. Its length could be attributed to the exuberance and fervor of the athletes.

Britain wins record solar power auction

Posted to Maritime Reporter on February 10, 2026

The government announced on Tuesday that Britain had'secured' a record amount solar power through an auction which offered guaranteed electricity prices to renewable projects. It is aiming to achieve its clean energy goals and reduce costs.

IOM: 53 migrants are dead or missing following a boat capsize off Libya

Posted to Maritime Reporter on February 9, 2026

The International Organization for Migrants (IOM) reported on Monday that 53 migrants, including 2 babies, are dead or missing following a rubber-boat capsize off the coast Libya. IOM, citing survivors, said that the boat left Zawiya Thursday and then flipped off Zuwara Friday.

Super Bowl security measures in San Francisco Bay include massive airborne and maritime security

Posted to Maritime Reporter on February 6, 2026

Super Bowl LX, held at Levi's Stadium, has brought law enforcement of all stripes to the San Francisco Bay Area. This includes a fleet of 'unfamiliar' low-flying planes buzzing the area to assist with security. The large number of military-style…

Euronext Wheat Ends Week Lower

Posted to Maritime Reporter on February 6, 2026

Euronext Wheat fell on Friday, posting a weekly decline as participants adjusted front-month futures and?a stronger euro dented export prospect. The price of March milling grain on Euronext settled at 190.00 euros ($224.45). Over the week, the…

Petrobras, a Brazilian oil company, has bought a stake in Namibia's offshore oil exploration block

Posted to Maritime Reporter on February 6, 2026

Brazil's Petrobras purchased a 42.5% share in an oil exploration field near the coast of Namibia, the state-run firm announced?on Friday. The company is looking to replenish its oil reserves by exploring new frontiers in Africa. Petrobras announced…

Export boom boosts EU barley markets to ease glut

Posted to Maritime Reporter on February 6, 2026

The EU barley exports may reach a decade-high this season, as the EU is able to shift a large harvest due to the brisk demand for feed overseas and the reduced competition in the Black Sea Region. The surge in demand for European "feed" barley…

Germany's PNE has lost bid for Vietnam wind projects, in a new blow to foreign investors

Posted to Maritime Reporter on February 6, 2026

The Vietnamese authorities have chosen a newly-created subsidiary of real estate conglomerate Vingroup for the development of the first phase of a major offshore wind project in the country. Morgan Stanley-backed German renewable company PNE…

EU wheat stable with weather and exports as focus

Posted to Maritime Reporter on February 6, 2026

The European wheat futures market was little changed Thursday, as it paused at a 2-1/2-month high from earlier in the week. Traders accounted for higher Chicago prices, weather risks, and a slowdown in export demand. The price of March milling…

French Navy seizes cocaine in Polynesia and Caribbean

Posted to Maritime Reporter on February 6, 2026

France's Minister of the Armed Forces announced on Thursday that the French Navy had seized over 4 tonnes of cocaine in French Polynesia, and intercepted a boat transporting?the drug to?the Caribbean. This comes as other countries, including the U.S.…