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Carlyle stops bidding procedure for Thyssenkrupp marine arm

Posted to Maritime Reporter on October 22, 2024

, the German company stated on Tuesday. Czech billionaire Daniel Kretinsky. Thyssenkrupp stated in a reaction to emailed concerns. Thyssenkrupp shares fell as much as 3.7% on the news. partnerships. Carlyle decreased to comment. decreased to offer more details. billion euros ($ 1.73 billion).

Fincantieri, Italy's radar manufacturer, signs MoU with Qatar

Posted to Maritime Reporter on October 22, 2024

Fincantieri, an Italian company, signed on Tuesday a Memorandum of Understanding (MoU), which was owned by the Ministry of Defense of Qatar. The MoU is for the development of a joint short-range radar. A source familiar with the deal said that…

Carlyle leaves of bidding procedure for Thyssenkrupp marine system

Posted to Maritime Reporter on October 22, 2024

said on Tuesday. Thyssenkrupp stated in a response to emailed concerns. constructs submarines and frigates. Carlyle decreased to comment. group's continuous restructuring, which also includes prepare for a. 50:50 steel joint venture with Czech billionaire Daniel. Kretinsky.

The luxury brand Chanel sponsors the Oxford and Cambridge Boat Race

Posted to Maritime Reporter on October 22, 2024

The French luxury brand Chanel, known for its quilted bags and tailored suits, will be the first company to sponsor the historic Oxford and Cambridge Boat Race in Britain next year. This is the first time the company has sponsored a sporting event.

Scallywag 100 is first to cross the line in Middle Sea Race

Posted to Maritime Reporter on October 22, 2024

Scallywag 100, owned by Hong Kong businessman Lee Seng Huang, crossed the finish of the Rolex Middle Sea Race 2024 on Tuesday. It was the first monohull to complete this challenging course. The supermaxi completed the 606 nautical-mile offshore race that starts and ends in Valletta…

Equinor, a Norwegian company, tries to lease an offshore wind farm in Japan again.

Posted to Maritime Reporter on October 22, 2024

Two sources claim that Equinor, a Norwegian energy company, has bid with other companies to build an offshore wind farm in Japan's latest state auctions. It is looking for a foothold on the market. Equinor’s bid shows that some wind players have their eyes on Japan…

60th Congressional Cup set to make waves at Long Beach

Posted to Maritime Reporter on October 21, 2024

Long Beach Luxury yacht Club has validated prepare for the 60th edition of its flagship event, the Congressional Cup, scheduled to happen from April 30 to May 4 2025. Given that its debut in 1965, the Congressional Cup has been a foundation of match racing…

Sport-New Zealand celebrates an unforgettable sporting weekend

Posted to Maritime Reporter on October 21, 2024

New Zealanders were bleary-eyed on Monday as they celebrated the sporting victories that took place around the globe over the weekend. For once, there was no rugby ball to be seen. The streak began early Sunday morning when Team New Zealand retained the America's Cup in sailing.

New Zealand dominates the waves as it focuses on America's Cup.

Posted to Maritime Reporter on October 20, 2024

New Zealand won the 37th America's Cup in Barcelona, Spain this weekend. Now the attention is on the next America's Cup. New Zealand, which had never competed in a final and has not won an event for 60 years, was immediately notified that they would be the "challengers of record".

Sailing New Zealand wins America's Cup by beating Britain

Posted to Maritime Reporter on October 19, 2024

New Zealand won the America's Cup on Saturday with a 7-2 victory over Britain. The win sparked wild celebrations aboard their sleek AC75, before they returned to shore and were welcomed by a traditional Maori welcome. This is the third consecutive win for the New Zealanders…

America's Cup teams wait for sea breeze to matchpoint their clash

Posted to Maritime Reporter on October 19, 2024

New Zealand's sailors docked to a Maori Dance, rousing Chants, and a war canoe, on Saturday. They shook hands with their excited supporters before they headed off to an America's Cup match with the British challengers. The dock of the Mediterranean…

As America's Cup ships take off, umpires are pushing new boundaries on land.

Posted to Maritime Reporter on October 19, 2024

Umpires are also undergoing rapid changes as America's Cup boats can now reach speeds up to 55 knots. They use an online tracking program to supervise racing from ashore. The British team was penalized by the umpires for an incident that occurred…

Sailing-New Zealand takes a 5-2 lead over Britain in the America's Cup

Posted to Maritime Reporter on October 18, 2024

New Zealand took the lead in its America's Cup defense on Friday, crushing the British challengers and extending their lead to 5-2. The Kiwis took the lead early on after a few pre-race skirmishes. They extended their lead to win the race. Peter Burling…

France will soon tender 9.2 GW of offshore wind projects

Posted to Maritime Reporter on October 18, 2024

In a Friday decision, the Energy Ministry announced that France would launch tenders for two fixed wind farms and three floating ones totaling 9.2 gigawatts. The project will be constructed off the coasts of Fecamp in northwest France as well as Brittany…

Viewers of the America's Cup can'see' changes in wind before crews

Posted to Maritime Reporter on October 18, 2024

Both crews will scan the surface of the sea to look for any wind shifts that could give them an advantage in the difficult Mediterranean conditions near Barcelona. A software created by an America's Cup sponsor to reach a larger audience allows viewers to see the wind on the screen.

America's Cup design is followed by the development of hydrogen chase boats

Posted to Maritime Reporter on October 17, 2024

In the middle of the America's Cup armada, a half dozen futuristic-looking craft are quietly zipping above the waves. The sleek foiling machine, designed by New Zealand's America's Cup Team, looks more like a large sports car than a boat. It…

German warship serving UNIFIL has downed a drone off Lebanon, the ministry reports

Posted to Maritime Reporter on October 17, 2024

Unmanned flying objects were brought down by a German warship that was part of UNIFIL's peacekeeping mission in Lebanon, according to a German Defence Ministry spokesperson. The spokesperson reported that the corvette had brought an unidentified…

Lego's New Zealand Boat is a Hit with America's Cup Crews

Posted to Maritime Reporter on October 17, 2024

Even British skipper Ben Ainslie found time to build a Lego model of New Zealand's AC75 with his son. New Zealand is the current holder of the America's Cup. A British team, led by Ainslie has set out to challenge New Zealand for the "Auld Mug".

Britain wins second America's Cup against New Zealand

Posted to Maritime Reporter on October 16, 2024

Britain defeated New Zealand in a head-tohead America's Cup Final on Wednesday. The result reduced the holders' advantage to 4-2. The British crew, led by Ben Ainslie, outmanoeuvred Peter Burling's New Zealand crew in the last moments of the…

Sailing-Britain wins first race in America's Cup final

Posted to Maritime Reporter on October 16, 2024

The America's Cup Final saw Britain earn its first point for the series by winning the race against New Zealand on Wednesday. New Zealand, the current holders, now leads 4-1. A second race is scheduled to take place later on Wednesday in the Mediterranean near Barcelona.

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