A.P. Møller Holding has, through its wholly owned subsidiary APMH Invest (APMHI), made an all-cash voluntary recommended purchase offer to the shareholders of Svitzer Group to acquire all issued and outstanding shares of the company.A.P. Møller Holding, through its wholly owned subsidiary APMHI, currently owns 47% of the share capital and voting rights of Svitzer.
We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U.S. maritime industry. The FSK collapsed at about 1:28 a.m.
President James Earl "Jimmy" Carter passed away on December 29, 2024, at the age of 100.President Carter graduated from the U.S. Naval Academy in 1946 with distinction, after which he was assigned to USS Wyoming (E-AG 17) as an ensign. After completing two years of surface ship duty, Carter applied for submarine duty.
Germany is considering changing its foreign trade law to prevent the company running the Nord Stream 2 pipelines from being taken over, a document showed on Friday, as part of Berlin's efforts to prevent any resumption of Russian gas imports.For decades Germany relied on cheap Russian gas, but since the outbreak of the conflict in Ukraine, it has sought alternatives.
Singapore's offshore services firm Kim Heng has held a christening ceremony for the Bridgewater Discovery, a DP2 geotechnical survey vessel, rebuilt in 2024.With the Bridgewater Discovery vessel, Kim Heng has marked another milestone in its expansion into the renewable business sector.
American Fan working with Ingalls Shipbuilding and other shipbuilders to provide ventilation fans for ten Flight III destroyersFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded multiple purchase orders for its Ohio-based business unit, American Fan
There’s more to domestic dredging than meets the eye. Dredging Contractors of America CEO Bill Doyle is just the guy tell you why.William P. Doyle serves as the Chief Executive Officer of the Dredging Contractors of America (DCA). DCA represents the dredging industry on key issues before Congress and is an active partner to the U.S.
“Our connections to the maritime world are far more profound and diverse than I think most of us realize.” James P. DelgadoJim talks about his long, storied career, starting with his budding interest in archaeology and history at age 10, and how his career path changed when he was exposed to the buried San Francisco Gold Rush ship Niantic while working for the National Park Service.
“The biggest museum we have sits at the bottom of the sea.” James P. DelgadoShipwreck discoveries often hit the news and can be captivating tales of exploration, trade, and war in times gone by.Behind these discoveries are the stories of the ships, their crews, and what life was like for them.
American Bureau of Shipping (ABS) and the United States Coast Guard Research and Development Center (USCG-RDC) signed a memorandum of understanding (MoU) as a stepping stone towards collaborative research and development on top-of-mind technologies impacting the maritime industry.Activity under the MoU can include developing joint research publications
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by four to 576 in the week to Jan. 24.
Hornblower Group has announced that Liz Crisafi will join the company as the Senior Vice President of Marketing, effective November 1.Reporting to CEO Mike Flaskey, Crisafi will lead global marketing activities, overseeing brand, communications, revenue optimization, digital and data strategy across Hornblower’s portfolio of water- and land-based experiences.