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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.
Posted to Maritime Reporter
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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.
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January 20, 2026
Data from traders LSEG, and calculations revealed a Tuesday that ultra-low-sulphur-diesel loadings in the Russian 'port of Primorsk could rise by 'about one-third - from December to January and may exceed 2.2 million metric tonnes, due to higher fuel production and a seasonally -weaker demand.
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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…
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January 20, 2026
The Australian Police are investigating whether the Canadian tourist who was found dead on a Queensland beach, in the northern part of the state, drowned or was attacked by dingoes. Police said that the 19-year old woman was discovered on Monday…
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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.
Posted to Maritime Reporter
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January 19, 2026
Sources in the trade said that a Chinese importer purchased a cargo of Canadian Canola soon after Canadian Prime Minister Mark Carney's trip to Beijing. This could boost prospects for Canadian farmers, and undercut sales by Australia, their rival supplier.
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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…
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January 19, 2026
European traders reported that Algeria's state grain agency OAIC had?purchased milling wheat at an?international?tender which?closed?Monday. Initial reports indicated that the cost of a metric tonne, including freight and other charges (c&f), was around $254.
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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.
Posted to Maritime Reporter
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January 19, 2026
Sources in the trade said that a Chinese 'importer' bought a cargo Canadian canola soon after Canadian Prime Minister Mark Carney visited Beijing last week. This could boost prospects for Canadian farmers, and undercut sales of rival supplier Australia.
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January 19, 2026
Two traders with direct knowledge of the transaction said that a Chinese importer purchased a Panamax cargo of 60,000 metric tonnes of Canadian canola soon after Prime Minister Mark Carney visited Beijing last week. According to traders, the…
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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…
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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…
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January 19, 2026
KazMunayGas, Kazakhstan's oil company owned by the state, said that a fire at a power station in the Chevron-led Tengiz field was put out on Sunday. The company said that the staff was evacuated and no one had been injured. It said that the fire had started at a transformer for a turbine.
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January 19, 2026
The Saudi Arabian General Food Security Authority, the state grain agency, bought 907,000 metric tonnes of wheat at an international auction on Monday. The GFSA had issued a tender for up to 595,000 tonnes, which closed on Friday. They said…
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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.
Posted to Maritime Reporter
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January 18, 2026
Authorities said that an Australian boy is in critical condition following a shark bite in Sydney. Heavy rains created the perfect conditions for sharks to enter the harbour. The boy was believed to be between 12 and 13 years old. He had been…
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January 18, 2026
A 34-metre revolutionary yacht has revolutionized offshore sailing, completing the 3,000 nautical mile Atlantic crossing in less than seven days. It won the'monohull line honours' and set a record for the 2026 RORC Transatlantic Race. The MOD70…
