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
With your first steps as a cadet onto the Maritime Academy campus, your first union dues payment or first line thrown ashore from the tug, you are lectured on the importance of the “Jones Act”. A constant reminder throughout a US Seafarer’s career of commitment, loyalty and support for the legislation.
The topside and jacket structure for the Jasmund offshore substation (OSS) have embarked on the journey to Baltic Sea for installation, following the completion of construction by the HSI consortium, formed by HSM Offshore Energy, Smulders and Iv.The topside, measuring 48 metres by 33 metres and weighing about 4,500 tonnes
Danish shipping company NORDEN has acquired the Southern African cargo activities of Taylor Maritime, previously operated under the IVS brand, adding to its growing parceling and project cargo business.As part of the deal, NORDEN will take over the specialist parceling team based in Durban, South Africa, led by Brandon Paul, who will continue serving customers on parcel trades from South Africa.
Freire Shipyard has celebrated the keel laying of the new flagship research vessel for the Danmarks Tekniske Universitet (DTU -Technical University of Denmark). Measuring 70 meters length and 16 meters beam, with accommodation for 38 people, the Dana V is set to become a world-class platform for research and education.Successor to the Dana IV, the Dana V was designed by the Knud E.
The Jasmund offshore substation project for German grid operator 50Hertz, being delivered by HIS consortium, has reached a key milestone with the load-out of both its topside and jacket, marking a major step toward offshore installation in the Baltic Sea.The topside, built at HSM Offshore Energy’s Stormpolder yard in the Netherlands, measures 48 meters by 33 meters, stands 17.
ST Engineering’s Marine business and Siemens Energy have been awarded a second contract by Transcontinental Capital Corporation (Bermuda), a subsidiary of Seaboard Corporation, to deliver Estrella del Mar IV, a barge-mounted power plant to Santo Domingo in Dominican Republic.The new power plant will be based on its predecessor, the Estrella del Mar III, which was commissioned in 2022.
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.
Elomatic, an international consulting and engineering company, has successfully completed the installation of its Elogrid tunnel thruster technology on the 10,000 GT special purpose research vessel, the METEOR IV, built by the MEYER FASSMER spezialchiffbau consortium.As part of a joint venture between FASSMER and MEYER Group
Today, at Fincantieri’s Sestri Ponente shipyard, three ceremonies took place for Explora Journeys, the luxury lifestyle brand of the MSC Group: the launching of Explora III, the coin ceremony for Explora IV, and the steel-cutting for Explora V.Comprised of a total of six vessels—with the first two, Explora I and Explora II, already in service—the luxury brand’s fleet
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.
New-York-based McAllister Towing and Transportation Company has welcomed a newbuild tractor tug to its fleet under the name of Isabel McAllister.The christening and the launch ceremony for the newbuild tug took place earlier in January, according to an update shared by Brian Buckley McAllister, President at McAllister Towing.