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
Classification society DNV has awarded HD Korea Shipbuilding & Offshore Engineering (HD KSOE) an Approval in Principle (AiP) for a new 15,000 TEU container vessel design powered by Small Modular Reactor (SMR) technology.The design demonstrates the application of SMR technology in a 15,000 TEU container vessel, capable of operating at 24 knots.
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