The U.S. Supreme Court is set to explore legal questions arising from the fraught history of U.S.-Cuban relations when it considers the scope of a 1996 law that lets U.S. nationals seek compensation for property confiscated by the communist-led Cuban government.The justices hear arguments on Monday in two cases centered on the federal law called the Helms-Burton Act, one involving U.S.
TKMS, the defence business that German conglomerate Thyssenkrupp aims to spin off this autumn, plans to raise its profit margin to more than 7% to close a gap with rivals, banking on soaring military demand amid fears of Russian aggression.TKMS, which makes submarines, frigates as well as sensor and mine-hunting technology, has more than tripled its order backlog in five years.
Germany-based gearbox manufacturer REINTJES is expanding its global after-sales capabilities with the establishment of a dedicated spare parts warehouse at its headquarters in Hameln, Germany, a move aimed at strengthening service support for its international customer base.The long-established company, known for supplying high-performance marine and industrial gearboxes
Wilson Sons held a launch ceremony for the tugboat WS Halcyon Thursday, January 29, in Rio de Janeiro. It is the first of a new series of three high-powered tugs.Built at the company’s shipyard in Guarujá (São Paulo), WS Halcyon is a class 2312 tug (23 meters long and 12 meters wide) with azimuth propulsion and 70 tons of bollard pull
British defence, marine and industrial firm Inocea Group is in talks to buy warship builder German Naval Yards Kiel (GNYK), a person familiar with the matter said, highlighting growing demand for defence assets fuelled by geopolitical tensions.The interest suggests bidding competition for GNYK
Ocean Infinity has reached a significant milestone with the delivery of the final vessel in its 14-vessel Armada fleet, featuring advanced underwater robotic systems capable of a wide range of data collection tasks.Over the past five years, Ocean Infinity has built and deployed a fleet of cutting-edge lean crewed vessels unlike anything the industry has seen before.
Belgian marine contractor Jan De Nul has launched its newest cable laying vessel (CLV), the Fleeming Jenkin, at the CMHI Haimen shipyard in China, which has now entered the final phase of construction ahead of delivery planned for second half of 2026.The 215-meter-long vessel has a loading capacity of 28,000 tonnes, making it the world’s largest of its kind.
Subsea technology company Seatools has been awarded a contract by Jan De Nul for the design and delivery of a Fall Pipe ROV (FP-ROV) that will form a key system of the Belgian contractor’s recently ordered subsea rock installation vessel, the George W. Goethals.The ROV will play an essential role in the vessel’s mission to protect critical subsea infrastructure by enabling highly accurate and
Remazel, a company of the Fincantieri Group, has signed a contract with Jan De Nul for the supply of mission-critical equipment for a newbuild vessel.The contract covers the design and supply of an advanced system for transporting and laying rocks on the seabed to protect cables and pipelines.
Belgian marine contractor Jan De Nul has ordered a rock installation vessel, specifically built to strengthen the protection of offshore energy and subsea data infrastructure.The vessel, named George W. Goethals, will be the company’s largest rock installation ship to date, with a carrying capacity of 37,000 tonnes.
German naval conglomerate Thyssenkrupp and Italian shipbuilder Fincantieri have signed an Industrial Cooperation Agreement as part of a broader strategic partnership to provide the Philippine’s Navy with advanced submarine capabilities solutions.As part of the Horizon III military modernization initiative
Crane specialist Liebherr has supplied two offshore cranes to Yinson Production, which will support the operations of Agogo floating production storage and offloading unit (FPSO) at Azule Energy’s field offshore Angola.Two offshore cranes of the type RL 2600 (Ram Luffing 2600) and RL-K 2600 (Ram Luffing knuckle boom 2600) have been sold to Yinson Production, which is in charge of the provision