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Australian swimmer Thorpe will take part in Sydney to Hobart Yacht Race

Posted to Maritime Reporter on December 5, 2025

Ian Thorpe, five-time Olympic gold medalist in swimming, has announced that he will be joining the supermaxi LawConnect crew to chase a third successive victory in the Sydney Hobart Yacht Race. Thorpe, 43 years old, will debut in the Cabbage tree Island race on Friday.

SailGP wants to attract new fans through a docuseries called 'Uncharted.'

Posted to Maritime Reporter on May 20, 2025

SailGP released its first ever docuseries, "Uncharted", on Tuesday. The three-part series focuses on Red Bull Italy SailGP's CEO Jimmy Spithill who is leading the new team in their inaugural season. SailGP, the world sailing championship, features…

France's Barrier is the only all-female team to win the Jules Verne Trophy

Posted to Maritime Reporter on November 28, 2025

Alexia Barrier, the French skipper and seven female teammates will begin their Jules Verne Trophy quest on Saturday off the coasts of Brest. They aim to set the world's first non-stop circumnavigation time with an all-female team without any outside help.

Ainslie will reveal America's Cup support in a few weeks

Posted to Maritime Reporter on November 14, 2025

Ben Ainslie, a British sailing ace, expects to reveal within a few weeks who is funding his next America's Cup bid, and the team he will be bringing along for the event in Naples, Italy, scheduled for 2027. Ainslie has set himself the goal of "bringing the Cup home" from the United States…

Italian Sea Group shares fall 9.7% after lowering 2025 guidance due to US tariffs

Posted to Maritime Reporter on August 8, 2025

The Italian Sea Group shares fell up to 9.7% on Friday after the group lowered its revenue forecast for 2025 and core profit margins, citing U.S. trade policies that are protectionist and geopolitical tensions. In a recent statement, the luxury…

Italy has frozen Russian oligarchs assets worth more than $2.6 billion

Posted to Maritime Reporter on June 23, 2025

Data provided by Italian authorities shows that Italy has frozen Russian assets worth around 2.3 billion euro ($2.64 billion), with the latest seizures taking place at the beginning this month. Italy has seized bank accounts, yachts, luxury…

Powerboat racing: DJ Aoki's Team wins in Dubrovnik, while Lebron takes the first E1 podium

Posted to Maritime Reporter on June 16, 2025

The electric raceboat team of DJ Steve Aoki won the Adriatic at the weekend. It was their second victory this season, and they surpassed Rafa's outfit to take the E1 Championship standings. Aoki Racing Team 2025 has added former Formula 1 test driver Dani Clos to its team.

SailGP roars back into action in New York after Rio cancellation

Posted to Maritime Reporter on June 6, 2025

SailGP teams are ready to shake off rust this weekend in New York, as the global championship returns to action following a short hiatus caused by a defect with the wingsail that forced the cancellation of the Rio event. The defect was identified…

Azimut Benetti, an Italian yacht manufacturer, says that tariffs will not affect larger yachts

Posted to Maritime Reporter on May 19, 2025

The majority of luxury yachts manufactured by Italy's Azimut-Benetti won't be directly affected by U.S. tariffs on imports, said its owner and chairwoman, but the wider impact of trade tensions may become problematic. Giovanna Vitell told the Financial Times Business of Luxury forum in Barcelona…

The PM announces that Sailing-Italy will host the 2027 America's Cup at Naples.

Posted to Maritime Reporter on May 15, 2025

The next America's Cup will be held in Naples in 2027, announced Prime Minister Giorgia Melons on Thursday. This is the first time that Italy has hosted the sailing's most prestigious event. New Zealand, three-times champions and defending hosts of the event…

Mike Lynch's boat doomed to extreme winds, interim report finds

Posted to Maritime Reporter on May 15, 2025

A UK interim report on Thursday said that winds exceeding 117 km/h probably caused the superyacht to sink off Sicily in 2013, killing British tech tycoon Mike Lynch, among others. Marine Accident Investigations Branch in Britain said that the 56-metre (184-foot-long) Bayesian…

After a fatal sinking, the salvage of Lynch's yacht will begin in Italy

Posted to Maritime Reporter on May 7, 2025

In the next few weeks, the recovery of British tech-tycoon Mike Lynch’s superyacht will begin. This will shed some light on the mystery of how an allegedly unsinkable vessel ended up in the sea back in August. In just 16 minutes, the Bayesian capsized from the stern and sank…

Mike Lynch's sunken boat to be removed from Sicilian waters in May

Posted to Maritime Reporter on April 22, 2025

People close to the situation said that the mast of the superyacht, which sank in Sicily last summer, killing British tech titan Mike Lynch along with six other people, would be dismantled next month. The British-flagged Bayesian was found lying…

Burling, America's Cup winning skipper, leaves Team New Zealand

Posted to Maritime Reporter on April 10, 2025

Peter Burling, three-time America's Cup winner and skipper of Team New Zealand, has parted ways with the team after they failed to reach an agreement ahead of the 38th regatta. Team NZ's management said it and Burling were in talks since their…

INEOS withdraws America's Cup Challenge

Posted to Maritime Reporter on April 9, 2025

INEOS Britannia, the team backed up by INEOS Chief Jim Ratcliffe, announced on Wednesday that it had withdrawn from the race for the America's Cup due to a failure to reach a deal with Athena Racing of former skipper Ben Ainslie. INEOS announced…

Holders New Zealand cancel plans to host the next America's Cup

Posted to Maritime Reporter on March 31, 2025

New Zealand, the three-time defending champions of the America's Cup will not be seeking to host the next edition. An Emirates Team New Zealand announcement on Monday cited a lack economic support from government. New Zealand won the 37th America's Cup last October in Barcelona…

Spain wins first SailGP of the season at familiar San Francisco

Posted to Maritime Reporter on March 23, 2025

On Sunday, the defending series champions Spain dominated the second day of SailGP's fifth round. Diego Botin led his team to victory in a thrilling final against Canada and France. The Spaniards won their first race of the season by winning two of the seven races over the weekend.

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on March 21, 2025

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. BENETEAU: Beneteau announced on Thursday that it expects to see a drop of 5%-10% in 2025 in demand and sales. The company cited further destocking during the first half year.

Ferretti, the Italian yacht manufacturer, is looking to acquire a new boat this year

Posted to Maritime Reporter on March 10, 2025

Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.

French and Benelux stocks: Factors to watch

Posted to Maritime Reporter on February 11, 2025

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. ARCELORMITTAL On Monday, President Donald Trump raised the tariffs on imports of steel and aluminum to a flat rate of 25% "without any exceptions or exclusions".
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