Svanehoj, an ITT company, acquired Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company specializing in high-quality compressors for a wide range of industries, including shipbuilding. The acquisition closed on October 1, 2025. In recent years, Svanehoj has expanded its position as a supplier of marine pumps, tank control systems
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realize a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.Trump and his energy tsar Doug Burgum framed the venture as a way for Japan to replace Middle East energy shipments and address its trade imbalance with the U.S.
Two senior officials at the White House National Security Council have left their roles in recent days, according to two sources familiar with the moves, the latest departures for a body that has been cut sharply in recent months.Ian Bennitt, the senior director for maritime and industrial capacity, and Brian McCormack, the NSC's chief of staff, both departed last week, said the sources
German naval conglomerate Thyssenkrupp and Finland-based consulting and engineering company Elomatic have signed a design and engineering contract to support the development of a new Polarstern ship, bound to become the largest and most advanced research and polar logistics icebreaker.The ship will be built at the large and modern shipyard of tkMS in Wismar.
Tributes have been paid to The Maritime Group (International) (TMG) founder Captain John M Cox III following his death at the age of 93.Capt Cox, known to his friends as Jack, died peacefully in Seattle on Thursday November 21 after a short illness.He recently retired as chairman and president of The Maritime Group (International), which included The Maritime Group, Inc.
Temile Development Company has signed a contract with HD Hyundai Heavy Industries (HHI) for the construction of one firm plus one optional 88,000 cubic meter very large gas carrier (VLGC).The from HHI is the largest panamax-beam VLGC in the world and will be fitted with an LPG dual fuel main engine and a shaft generator.