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
Explora Journeys celebrated the delivery of Explora III at Fincantieri's Sestri Ponente shipyard in Genoa. The vessel is the third ship built by Fincantier for Explora Journeys, MSC Group's luxury ocean travel brand.Held in the presence of national, regional and local authorities, the ceremony marked a milestone in the development of the Explora Journeys fleet
Norwegian maritime technology company Nereida Energy has raised $3.3 million (NOK 32 million) through a private placement of shares backed by a group of industrial and financial investors, including Grieg, Eviny, Nysnø and Nye Aasen.The company, which develops battery and energy storage solutions for vessels ranging from ferries and service vessels to offshore ships and wellboats
Nigeria and Morocco expect to sign an intergovernmental agreement in the fourth quarter of 2026 to advance a major Atlantic coast gas pipeline project, Nigeria's foreign ministry said.The planned agreement, to be signed by Nigerian President Bola Tinubu and Morocco's King Mohammed VI, follows preliminary technical studies on the Nigeria-Morocco Gas Pipeline
Jan De Nul has selected Ulstein Design & Solutions to provide the vessel design for a new subsea trenching vessel that will be added to the company’s offshore fleet.The vessel, scheduled for delivery in 2028, will be based on a proven subsea vessel platform adapted to support large-scale trenching operations.
J.F. Lehman & Company, an alternative asset manager focused on the aerospace, defense, government, maritime, environmental and infrastructure sectors, has announced that investment affiliates, including JFL Equity Investors VI, L.P., have acquired Forged Solutions Group, Inc. (FSG).
A set of amendments to key IMO treaties and Codes have entered into force on January 1, 2026. They include the following: Preventing and responding to bullying, harassment and sexual assaultAmendments to the Seafarers' Training, Certification and Watchkeeping Code (STCW Code) aim to prevent and respond to violence and harassment in the maritime sector, including sexual harassment
HII and Babcock International Group announced they have signed a contract that expands their strategic partnership to further support Virginia-class submarine construction throughput at HII’s Newport News Shipbuilding (NNS) division. Additionally, the contract will build resiliency within HII’s submarine supply base.
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.
LR’s latest FOBAS Fuel Insight report highlights broadly steady fuel quality with particular issues around high sediments and chemical contamination, and an increased use of biofuel blends with developments in energy-content measurement.Global bunker fuel quality remained resilient in the first half of 2025 despite growing fuel diversity and tightening environmental regulation
The IMO's Sub-Committee on Pollution Prevention and Response held its 13th session at IMO Headquarters in London from 9 to 13 February 2026.Outcomes include:Groundwork laid for future legally binding framework on biofoulingFollowing the decision of MEPC 83 to develop a legally binding framework on biofouling management to prevent the spread of invasive aquatic species
Seabourn Venture became the most southerly ship on the Antarctic Peninsula as she crossed the Antarctic Circle this week, reaching 70° South, the most southerly point in Seabourn and Carnival history.The vessel also achieved the first-ever Seabourn exploration of George VI Sound and toasted with Champagne on the ice at the most southerly point any Seabourn guest has ever reached.