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.
As salvage operations began on an abandoned Greek-flagged oil tanker with deck fires still burning from Houthi rebel attacks, the EU's Red Sea naval mission Aspides said on Thursday that no oil spill has been detected.Yemen's Houthi militants carried out multiple assaults, including planting bombs on the already disabled 900-foot (274.
Italian divers have retrieved the body of British tech magnate Mike Lynch's18-year-old daughter, Hannah, who was the last person still unaccounted for after the family's luxury yacht sank this week off Sicily.Seven people, including Lynch himself, died when the 56-metre-long (184-foot) sail boat, the Bayesian, capsized during a fierce, pre-dawn storm on Monday off Porticello, near Palermo.
A Greek-flagged oil tanker carrying 150,000 tonnes of crude that was evacuated by its crew after being attacked in the Red Sea now poses an environmental hazard, the EU's Red Sea naval mission "Aspides" said on Thursday.Houthis, who control Yemen's most populous regions, said on Thursday that they attacked the Sounion oil tanker in the Red Sea
The Panama Canal expects to increase the number of daily transit slots for vessels to 36 from the current 34 beginning in September, the canal's deputy administrator said, as rains allow authorities to ease drought-imposed restrictions.Panama experienced its third-driest year on record in 2023
Yemen's Houthis launched attacks on six ships in three different seas, the Iran-backed group said on Wednesday, including the Marshall Islands-flagged bulk carrier Laax that was damaged after reporting a missile strike off the Yemeni coast.Security and shipping sources confirmed the Houthis hit the Laax in a barrage of attacks on Tuesday.
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.
Zelim, an Edinburgh-based maritime safety innovator, has signed an agreement with Ambassador Cruise Lines for the installation of its ZOE man overboard (MOB) detection system on Ambition cruise ship, marking its entry into the global cruise ship sector.Zelim is fitting out the 1,200-passenger capacity cruise ship with a full ZOE installation to deliver instantaneous detection and tracking of
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
Guangzhou Shipyard International's (GSI) plan to build the world's largest ammonia carrier vessel has taken a step forward.The Chinese shipbuilder has signed a joint development project (JDP) agreement with classification society Lloyd’s Register (LR) for the design of very large ammonia carrier (VLAC) with a carrying capacity of 100,000 cubic meters (cbm)—larger than a series of 93
The Military Sealift Command’s Maritime Prepositioning Ships (MPS) and Auxiliary Crane Ships (ACS) were built 50 years ago to pre-position vehicles and supplies in forward locations and load or unload them in undeveloped or damaged port facilities. I serve with MSC’s Taluga Group, charged with finding innovative solutions to pressing problems.