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January 22, 2026
Hanwha Group, a South Korean conglomerate, aims to create 'at least 200,000 jobs' in Canada by 2040, through cooperation between various sectors, including shipbuilding. The company is competing for a highly contested subcontract. Hanwha will…
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January 22, 2026
The owner Olivier Magre described the feat as "a fantastical dream". A father and son from France have transformed a radical Mach50 into a triumphant transatlantic race, winning the overall victory at 2026 RORC Transatlantic Race. Palanad 4…
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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…
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January 22, 2026
The National Weather Service warned that 150 million Americans would be affected by travel disruptions, power failures and frigid temperatures on Friday and throughout the weekend as a massive storm blankets the U.S. in heavy snow and freezing rainfall from the Central Plains up to the 'East Coast.
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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…
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January 22, 2026
The Trump administration has accelerated the permitting process for companies searching for minerals in international waters. This move is likely to raise environmental and legal issues. The U.S. effort could?help? spark a scramble to find resources on the deep seabed…
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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.
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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…
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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…
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January 22, 2026
Three merchant bankers confirmed on Wednesday that the State Bank of India mutual fund unit had committed to?buy at least 10% of Adani Power’s bond issue of nearly $820 million rupees, which is expected to be launched later this week. The bankers…
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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.
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January 22, 2026
Traders in Europe said that Taiwan's MFIG buying group purchased about 65,000 metric tonnes?of animal feed corn, which was expected to come from?the United States at an international auction on?Wednesday. They said that the yellow corn was bought at a premium estimated to be 190.97 U.S.
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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…
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January 21, 2026
The Indonesian Attorney General's Office announced on Wednesday that it would auction an 'Iranian flagged supertanker' later this month. It was seized by Indonesian authorities in 2023, on suspicion of illegally transshipping crude oil. The MT Arman 114…
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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…
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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…
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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.
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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.
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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.
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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.
