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.
The state of Maryland on Tuesday filed civil claims against the owner and operator of the cargo ship that struck the Francis Scott Key Bridge in March, killing six people and paralyzing a major transportation artery for the U.S. Northeast.The lawsuit seeks damages from two Singaporean companies that are the registered owner of the Dali cargo ship, Grace Ocean Pte Ltd, and its manager
The families of the six workers who died in the March collapse of the Francis Scott Key Bridge in Baltimore filed lawsuits on Friday against the owner and operator of the cargo ship that struck the bridge.The lawsuits filed in Maryland federal court by the families of Carlos Daniel Hernandez Estrella, Alejandro Hernandez Fuentes, Miguel Angel Luna, Dorlian Ronial Castillo Cabrera
The U.S. Justice Department on Wednesday filed a civil claim seeking $103 million from the two Singaporean companies that owned and operated the container ship that in March toppled the Francis Scott Key Bridge in Baltimore, killing six people and paralyzing a major transportation artery for the U.S. Northeast.
Dutch prosecutors said on Friday they had summoned shipbuilder Damen Shipyards on suspicion of violating EU sanctions against Russia and opened a separate case against the company and some of its executives for corruption.The company denied both sets of accusations. On the sanctions case
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.
British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.Greenpeace said it had agreed to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute (RNLI), a charity that runs a search and rescue service.
At the urging of environmental groups, a U.S. judge threew out an assessment by a federal agency governing how endangered and threatened marine species should be protected from oil and gas drilling in the Gulf of Mexico.U.S. District Judge Deborah Boardman in Greenbelt, Maryland, ruled the U.S.
U.S. activists opposed to offshore wind development are forming a national coalition aimed at fighting projects from California to New England, according to the effort's founder and two other organizations.The National Offshore-wind Opposition Alliance, or NOOA, aims to bring a national profile to what is currently a fractured movement of dozens of local groups, according to its president
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
A Chevron-chartered oil tanker that was seized by Iran more than a year ago was heading for international waters on Thursday, LSEG ship tracking data showed.The Marshall Islands-flagged Advantage Sweet was boarded by Iran's military in the Gulf of Oman in April 2023 after an alleged collision with an Iranian boat.