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.
It’s already possible to have smart decision support on the bridge: With Furuno’s technology, live video imagery of the front view from the vessel has navigation information superimposed on it including heading, AIS data, radar target tracking, object identification, route waypoint and chart information.SEA.
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.
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
Knutsen NYK Carbon Carriers (KNCC), a subsidiary of NYK and Knutsen Group, has obtained Approval in Principle (AiP) from ClassNK for the design of liquified CO2 carriers that stores and transports liquefied carbon dioxide (LCO2) at ambient temperature but elevated pressure.The new carrier uses cargo tank technology developed by KNCC to transport LCO2 in a stable state.
Van Oord, in cooperation with ZEDHub, Smart Delta Drechtsteden, the Municipality of Dordrecht and Port of Rotterdam, has demonstrated the operation of the fully electric crane vessel Christiaan P, a first for the dredging industry.Christiaan P. is a crane vessel owned by Paans Van Oord which was retrofitted to remove its engines and replace them with electric motors.
The U.S. Army has selected Maj. Gen William H. "Butch" Graham Jr. to be its next chief of engineers and commanding general of the Corps of Engineers, Secretary of Defense Lloyd J. Austin III announced on July 10.Graham is currently serving as the deputy chief of engineers and deputy commanding general for civil works and emergency operations.