A.P. Møller Holding has, through its wholly owned subsidiary APMH Invest (APMHI), made an all-cash voluntary recommended purchase offer to the shareholders of Svitzer Group to acquire all issued and outstanding shares of the company.A.P. Møller Holding, through its wholly owned subsidiary APMHI, currently owns 47% of the share capital and voting rights of Svitzer.
Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels, along with comprehensive subsea services, throughout 2026 and into 2027.
On November 3, the Dutch national awards for maritime innovations were presented. The winners were honored for their innovative contributions to the sector.Out of 15 nominees, a professional jury selected five winners over the past few weeks, who received their awards in front of hundreds of people, including political and media representatives.
Ocean services provider DeepOcean has been awarded a SIMOPRO – simultaneous marine operation and production – installation contract by Equinor on the Norwegian continental shelf.DeepOcean’s scope of work entails SIMOPRO installation work on both the Åsgård and Visund fields. The company will undertake onshore project management, engineering and procurement services as well as offshore operations.
Representatives from American Bureau of Shipping (ABS), University of Michigan, Singapore Institute of Technology (SIT) and Sea Forrest Technologies have signed a memorandum of understanding to explore batteries and electrification in maritime applications.The agreement establishes a cooperative framework for the organizations to collaborate on academic and scientific projects related to battery
Wallenius Marine and KNUD E. HANSEN have launched a new RoRo (roll on/roll off) design at Donsö Shipping Meet.The new concept builds on the Sleipner PCTC concept and on operational data from the Sleipner vessels Future Way and Way Forward. The new RoRo design, which includes an engine room in the bow, creates a large cargo capacity of 2,720 lane meters, equivalent to 181 trailers.
Fincantieri Marine Group (FMG), the U.S. subsidiary of Fincantieri, has appointed George A. Moutafis as Chief Executive Officer (CEO).The leadership transition of the U.S. company of the group led by CEO and General Manager Pierroberto Folgiero comes at a pivotal moment for the U.S. shipbuilding industry, as the new U.S.
Mallows Bay, located on the Potomac River in Maryland, is not only a shipwreck site filled with decades of maritime cultural heritage, but it is also an excellent training ground for students immersed in studying maritime archaeology at East Carolina University.“When the United States entered the First World War, they had a plan to build about 1,000 wooden steamers to carry material to Europe.
The first European built CO2 carrier, dedicated for work at the Greensand carbon capture and storage (CCS) project, will be christened and launched on May 14, 2025.All ship sections of the vessel have now been successfully constructed and assembled at Royal Niestern Sander shipyard in the north of the Netherlands.
TotalEnergies has signed an agreement with Energia Natural Dominicana (ENADOM), the joint venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year.Subject to the finalization of the supply purchase agreements (SPAs), this contract is set to start in mid-2027, for 15 years, with the price indexed to Henry Hub.
The Fascinated by Shipwrecks Podcast, hosted by Kathy A. Smith, is dedicated to the People & the Science of Maritime Archaeology.The Adriatic Affair: Finding the 1856 Le Lyonnais Wreck“Of the people on the ship, 114 died and only 18 survived. Those that did lived through extraordinary conditions in the North Atlantic. Storms. Dehydration. Starvation.
MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon capture technology on a floating, production, storage and offloading (FPSO) vessel.The offshore carbon capture project envisages the installation of a carbon capture module on a MODEC FPSO vessel as a pilot