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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.
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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.
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February 12, 2026
Investors are discovering that artificial intelligence is more than just a fertile field for stocks. It is also a minefield. Stock gains for technology firms and other companies have been fueled by the enthusiasm?about AI’s profitability. This…
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February 12, 2026
Two industry sources confirmed on Thursday that the Lukoil owned Volgograd refinery in Russia's southern region halted oil processing on Tuesday. This was after a fire broke out following an attack by Ukrainians. In January, peace talks led…
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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.
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February 12, 2026
Hong ?Kong's CK Hutchison said on Thursday it has ?notified Panama of an investment-protection treaty dispute after A.P. Moller-Maersk has indicated that it is willing to temporarily take over the management of 'the Balboa and Cristobal terminals.
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February 12, 2026
The U.S. Southern Command released an email statement on Thursday stating that a U.S. Warship and a 'Navy Supply vessel collided during refueling Wednesday afternoon. The USS Truxtun, an Arleigh Burke class guided missile destroyer, and the Supply-class rapid?combat ship USNS Supply…
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February 12, 2026
Initial assessments by European traders indicated that the lowest price offered in Tunisia's international?"tender" on Thursday was just under $276 per tonne, including freight and cost. It was thought that the?offer? for 25,000 tonnes had been made by Dreyfus trading house.
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February 12, 2026
Data from industry sources showed that Russia's seaborne petroleum products exports for January 2026 increased by 0.7%, compared to December, at 9.12 millions metric tons. This is due to a seasonal decline in domestic demand and high fuel production.
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February 12, 2026
Ukrzaliznytsia, the state-owned railway company, said 'on Thursday that grain shipments into Ukrainian ports have remained below 'last year levels despite an increase since?February. Analysts and officials say that the Russian attacks on Ukrainian ports…
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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.
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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.
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February 12, 2026
Autopsy results show that the majority of 15 Afghan migrants killed last week off the Greek island of Chios when their dinghy collided a coast guard vessel died from head injuries and not drowning. The February 3 collision, one of the deadliest migrant incidents in Greece in recent years…
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February 12, 2026
Wabtec, a manufacturer of locomotive parts, forecasted a 2026 profit that was above Wall Street expectations on Wednesday as higher locomotive deliveries drove a'strong demand' for its products. According to LSEG, the?Pittsburgh-based?company's?expected…
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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.
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February 12, 2026
The state grain board of Turkey, TMO, has purchased?255,000 metric tons?of animal feed barley?in a?international tender?on Wednesday. The lowest estimated price was $266.20 per ton, cost and freight included. TMO's tenders include provisional…
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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.
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February 11, 2026
Data from traders, LSEG, and calculations on Wednesday showed that ultra-low-sulphur fuel loadings at the 'Russian port Primorsk' may fall by 17% in February compared to last month, due to a 'lower fuel production and harsh Baltic weather, which disrupts supplies.
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February 11, 2026
The Turkish president Tayyip Erdoan will host the Greek prime minister Kyriakos Mitsotakis for talks on Wednesday, likely focusing on'migration and long-standing maritime disputes as NATO allies try to warm up ties. Last week, 15 migrants died…
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February 11, 2026
Initial 'assessments' by traders indicated that the lowest price offered in the first round - for the tender to import 255,000 metric tonnes of animal feed barley from Turkey - was $266.20 per ton c&f. The traders said that no purchase had yet…
