European defense giant Rheinmetall has signalled interest in taking over German shipbuilder Naval Vessels Luerssen, industry sources told Reuters on Wednesday, as the Duesseldorf-based firm looks to expand into the naval business.According to the Bild newspaper, which first reported Rheinmetall's plans, the supervisory board intends to consider the purchase in the coming weeks.
Oil prices were steady in choppy trade on Tuesday as investors weighed dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery, which expire on Tuesday, were up 3 cents, or 0.05%, at $61.97 a barrel at 1:18 p.m. EDT. The more active March contract was down 12 cents or 0.2% at $61.37.U.S.
Oil prices fell by more than $1 a barrel on Friday as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks this weekend between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump.Brent crude futures fell $1.13 or 1.82% to $61.11 per barrel by 1:14 p.m. EDT. U.S. West Texas Intermediate (WTI) crude fell $1.
On October 7, Damen Shipyards Group delivered its latest Combi Freighter (CF) 3850 to family owned German shipping company Reederei Gerdes. The delivery of the vessel, named Holger G, took place during a ceremony at the Bason Shipyard in Vietnam. The vessel is named Holger G. Damen’s CF 3850 represents the latest generation in the shipbuilder’s cargo vessel portfolio.
Sofar Ocean has launched Wayfinder Voyage Simulator, a voyage planning tool that lets operators, commercial teams and chartering desks generate and compare unlimited voyage scenarios in seconds, aiming to improve fleet efficiency and profitability.Part of Sofar’s Wayfinder platform, the simulator incorporates the company’s marine weather forecasts
The Korea Institute of Machinery and Materials (KIMM) hosted the 12th Global Forum on Mechanical Engineering today at the National Assembly Library, spotlighting the fast-growing role of humanoid artificial intelligence and robotics in industry and society.Organized under the theme “The Future of Humanoid AI and Robotics
The Rotra Futura Roll-on/Roll-off (RoRo) vessel has entered operations, with the transportation of wind turbine blades from Denmark to the United States.The project supply vessel, specifically designed to handle larger and heavier offshore wind turbine components, collected the 108-meter-long blades at the Port of Aalborg, Denmark, under the supervision of deugro Denmark’s wind experts.
Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service.As Sallaum Lines expands its global presence, NexusWave will provide secure, ultra-fast connectivity with unlimited data
The navies of the Philippines, Australia and Canada were conducting a joint sail in the South China Sea on Tuesday, an area of flaring tensions following a collision between two Chinese vessels last week.The Philippine frigate BRP Jose Rizal, Australian destroyer HMAS Brisbane and Canadian frigate HMCS Ville de Quebec were participating in the operation
In the end of July, RoRo Stena Foreteller will return to service on the Europoort/Rotterdam – Immingham route following a major rebuild and renovation.The vessel has been fitted with a fourth vehicle deck on top of the existing three, increasing the number of lane meters from 3,000 to 4,000.
The Dutch city of The Hague will host the NATO summit next week, with tight security in place as it welcomes around 6,000 delegates and world leaders from 32 countries, including U.S. President Donald Trump, French President Emmanuel Macron, and U.K. Prime Minister Keir Starmer.The Dutch navy will deploy seven frigates and Belgium will contribute one navy vessel to monitor all activity at sea
BMT is delighted to announce the appointment of Panagiotis (Panos) Kasionis as Marine Consultant, strengthening its presence in the marine surveys market across The Netherlands and Europe.A rising talent in the maritime industry, Panos brings a wealth of operational experience, expertise in marine inspections, and a passion for advancing maritime consultancy.