Kongsberg Maritime buys Berg Propulsion

Vår Energi doubles down on North Sea hub strategy

Norwegian oil and gas player Vår Energi has taken a final investment decision on the Gjøa subsea projects in the North Sea. The company has submitted the development and operations plan for the Ofelia and Gjøa Nord developments to the Norwegian Ministry of Energy. The Gjøa Subsea Projects, in which Vår Energi is the operator,

Seanergy Maritime: Half The Year Is Already Sold - Maintaining Strong Buy

Seanergy Maritime: Half The Year Is Already Sold - Maintaining Strong Buy

Hanwha Ocean picked as preferred bidder for $5.1 bil. Navy destroyer project

Hanwha Ocean picked as preferred bidder for $5.1 bil. Navy destroyer project

Former owner of sunken B.C. vessel speaks, identifies the boat involved

The boat, named Big Coast, was a 30-foot aluminum KingFisher and the former owner said he sold it more than four years ago through a dealer, so he never met the new owner.

Form 13D/A KNOT Offshore Partners LP For: 23 June

Form 13D/A KNOT Offshore Partners LP For: 23 June

Broker’s Call: Stove Kraft (Buy)

Emkay Global

MiB: McKeel Hagerty, CEO and Chairman of Hagerty Insurance

This week, I speak with McKeel Hagerty, CEO and Chairman of Hagerty. We discuss how he transformed the family boat insurance business into a “sexy” driver-forward business. We also discuss our love of collectable cars and his love of his first car, a Porsche, that he bought at the age of 13. Read More The post MiB: McKeel Hagerty, CEO and Chairman of Hagerty Insurance appeared first on The Big Picture.

U.S. Navy buys drone boats modeled on drug smuggler design

The U.S. Naval Sea Systems Command awarded ReconCraft LLC, a boatbuilder based in Anchorage, Alaska, a 24.96 million contract for autonomous low-profile vessels, a category of uncrewed watercraft the military has openly borrowed from the same low-visibility, semi-submersible design smugglers pioneered to avoid radar and visual detection while running narcotics through open water. Autonomous low-profile []

Putin reportedly moving his $100M yacht to avoid Ukraine’s drones

A £100m superyacht believed to be owned by Vladimir Putin is fleeing Europe to avoid Ukrainian drone attacks. The 82m Graceful is traversing the coast of Norway on course to reach the northern Russian port of Murmansk in the coming days, according to maritime intelligence data and satellite imagery analysed by The Telegraph. It is []...Click to read more

Canada picks Germany’s TKMS for new submarines

The German-owned naval shipbuilder made the bid with NATO ally Norway, beating out South Korea's Hanwha Ocean.

Germany joins France in KNDS shareholding, paving the way for a stock market listing

Paris and Berlin have agreed to each hold 40 of the manufacturer of the Caesar howitzer and Leopard 2 tank, in order to 'decide on strategy as equals.' The remaining shares will be sold to investors through a dual listing in Paris and Frankfurt that is expected in the coming days.

Putin’s superyacht Graceful sails through Danish waters, escorted by Russian ships

Putin’s superyacht Graceful sails through Danish waters, escorted by Russian ships

Luxury yacht linked to Putin passes Denmark under Russian naval escort

One of the luxury yachts linked to Russian leader Vladimir Putin sailed past Denmark's eastern coast on 29 June under the escort of two Russian naval vessels.

Now Available on Steam - Raft, 15% off!

Raft is Now Available on Steam and is 15 off!*Raft throws you and your friends into an epic oceanic adventure! Alone or together, players battle to survive a perilous voyage across a vast sea! Gather debris, scavenge reefs and build your own floating home, but be wary of the man-eating sharks!*Offer ends June 27 at 10AM Pacific Time

Larry Ellison bought yacht over lattes, emails

Larry Ellison bought yacht over lattes, emails

Re-embracing fossil fuel: AT getting 8 new diesels; EV Maritime lands big Perth contract - Tech Insider

Re-embracing fossil fuel: AT getting 8 new diesels; EV Maritime lands big Perth contract - Tech Insider

WINS Acquires Control of 5 Newbuilt DP Crew Transfer Vessels Through Acquisition of Controlling Stake in Fast Offshore Supply Pte Ltd

WINS acquires control through taking full ownership of Fast Offshore Supply Pte Ltd, expanding into the building ...

Hilton Says It Will Build New Brands Again — Owners Will Want to See the Math

A trademark and a domain suggest that a new Hilton lifestyle brand called Tortoise may be in the works. But the bigger question for the newish chief development officer is whether Hilton's model still mints the best returns for owners.

Business leader says he hopes Greater Victoria gets fair share of submarine money

VICTORIA — The federal government’s submarine contract with a German company offers a “tremendous amount of opportunity” to propel British Columbia’s shipping industry, political and business leaders say. Prime Minister Mark Carney announced in Halifax on Monday that Canada has chosen German defence manufacturer TKMS as the preferred supplier of up 12 submarines, with both [] The post Business leader says he hopes Greater Victoria gets fair share of submarine money appeared first on Loonie Politics.

Kenpong Travel disputes First Atlantic Bank’s winding-up move over alleged GH¢2.5m debt

Kenpong Travel and Tours Limited has challenged a reported move by First Atlantic Bank to wind up the company over an alleged GH¢2.5 million debt, describing the action as premature, malicious and an attempt to damage its business reputation at a time when it is providing travel-related services for the ongoing FIFA World Cup.

Lee says despite failure, Canada submarine bid showed S. Korea's potential

President Lee Jae Myung expressed disappointment Tuesday that Canada chose a German company over a South Korean consortium as the preferred bidder for a multibillion-dollar submarine procurement project but noted it proved South Korea's potential. Lee posted his reaction on Facebook shortly after Canadian Prime Minister Mark Carney announced that Germany's Thyssenkrupp Marine Systems was chosen for the procurement program valued at up to 60 trillion won (39.1 billion), beating the South Korean

Coast Guard shooed historic Pete Seeger ship from July 4th parade over banners

Hudson River Sloop Clearwater says the crew of its replica ship was ordered away from the procession in the very river it was created to protect. The post Coast Guard shooed historic Pete Seeger ship from July 4th parade over banners appeared first on MS NOW.

Transport Canada detains boat linked to fatal B.C. sinking, citing violations

The company's other boat Top Ocean sank on the morning of June 28 with 10 people on board. Transport Canada says the company's 11-metre sister vessel is a pleasure craft being operated as a commercial passenger boat.