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
A management team led by industry veteran Geir Bjørkeli has completed the buyout of Yinson GreenTech's Norwegian subsidiary Yinson Green Technologies, establishing an independent company under the new name Nereida Energy.The move positions Nereida to advance battery solutions for the maritime industry, drawing on the leadership team’s deep sector expertise.
Norwegian engineering group Kongsberg is building up production capacity to meet growing orders for its defence products, especially missiles, as European nations bulk up their military spending.Kongsberg, which has customers in defence, aerospace, maritime, energy and fishing industries, booked orders worth 18.18 billion Norwegian crowns ($1.
A new era of offshore operations has begun with the successful delivery of REACH REMOTE 1, a 24-metre unmanned surface vessel (USV) designed by Kongsberg Maritime. This ground-breaking achievement marks a significant milestone through collaboration between Kongsberg Maritime, REACH SUBSEA ASA, Massterly, and Trosvik Maritime.
While the U.S. Navy’s first Constellation-Class Frigate (FFG 62) is under construction in the United States, Norway is showing serious interest in the guided-missile frigate, as well as bolstering its longstanding strategic partnership with America.Last week Norwegian Minister of Defence, Mr.
The US and Norway have agreed on further steps to increase the security of subsea infrastructure including better involvement of the private sector.The US and Nordic-Baltic countries, including Norway, have agreed to:• Harmonize and develop channels and procedures for sharing real-time situational awareness and incident information within national governments, across allies
Anthony Veder has retrofitted two sails on the ethylene carrier Coral Patula.With this installation by Econowind, Anthony Veder is the first company worldwide to install sails onboard a gas carrier. Later this year sister ship Coral Pearl will be equipped with two similar sails.The system is designed to work alongside existing engines, providing a boost in propulsion through the power of wind.