On 27 August 2008, A.P. Møller – Mærsk A/S, through their wholly owned Swedish subsidiary Maersk Product Tankers AB, announced a recommended all cash offer for all A- and B-shares in Broström AB (publ) (the “Offer”). A total of 37,987,013 shares in Broström, representing 59.8% of the capital and 74.
The Yachting division of Van der Velden Marine Systems will exhibit at Seatec 2009, the 7th International Exhibition of Technologies and Subcontracting for Boat and Ship Builders in Carrara, Italy (5 – 7 February 2009). We can be found at the stand of Navaltecnica, our agent in Italy (Pavillion E, L
Northrop Grumman Corporation (NYSE: NOC) has been selected to supply integrated bridge systems (IBS) for six fast patrol craft being built by Austal Shipyards in Australia for the government of Trinidad and Tobago. Northrop Grumman’s Sperry Marine business unit will supply the equipment, which will
Singapore-based “International Refinery Services Pte Ltd” (IRS) is the latest addition to Germanischer Lloyd (GL). With the acquisition of the asset management expert company, the GL Group expands its service portfolio for the petroleum, oil and gas industry yet again. “With IRS, the GL Group adds s
Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has contributed a gift-in-kind of navigation interactive courseware (ICW) to the U.S. Naval Academy Foundation to support navigation training programs at the Academy. The donation, valued at more than $3 million, will be used by
At very short notice Heerema Marine Contractors (HMC) successfully installed the Jacky unmanned platform for Ithaca Energy Ltd in the Inner Moray Firth area of the United Kingdom sector of the North Sea. HMC used its Semi Submersible Crane Vessel (SSCV) Hermod for the installation which had been und
Standard Chartered Bank, together with Rabobank and ING Wholesale Banking, have announced details of a US$125 million loan facility for Sharjah-based Lamnalco Group. Standard Chartered Bank acted as structuring bank for the facility, which was lead arranged by the three banks. Lamnalco Group is a gl
The body of a Somali pirate who reportedly drowned soon after receiving a huge ransom has washed ashore with $153,000 in cash, his uncle says. The man was one of a group of pirates who seized the Saudi supertanker Sirius Star in November. They reportedly received $3m (£1.95m) for freeing the tanker
A Greek shipping magnate has been kidnapped at gunpoint near his home on the outskirts of Athens, police say. Pericles Panagopoulos was abducted, along with his driver, after their car was deliberately blocked in the seaside suburb of Kavouri. The two men were bundled into another vehicle, though th
A.P. Møller – Mærsk A/S is reorganising its headquarters into two distinct units – a Corporate Centre and service functions. The Corporate Centre will focus on a number of Group governance activities like accounting, finance, IT, corporate relations and Human Resources. The service functions will su
The maritime consulting and software companies Friendship Consulting GmbH and Friendship Systems GmbH are now members of the Germanischer Lloyd Group. The acquisition of the business operations of Friendship Consulting serves to expand GL’s palette of advisory services for shipping companies, yards
It is now a full decade since Van der Velden Barkemeyer (formerly Barkemeyer Schiffstechnik GmbH) joined Van der Velden Marine Systems and formed the group’s dedicated Oceangoing vessels division. Just moved from Reinbek to Glinde (near Hamburg, Germany), the past ten years have seen Van der Velden
It’s a dream boat: The M/S Scenic Emerald, the largest freshwater cruiser on the river Elbe, certainly lives up to the highest of standards. In keeping with this, equally high are the requirements concerning the quality of equipment onboard the luxury cruise liner. For a perfect visual appearance wh
Moonen Shipyards, a leading builder of pocket-size superyachts, announces the November launch of Sofia II, the second in its brand-new line of 97-foot steel-hulled displacement cruisers. Built for repeat clients (the original Sofia was a Moonen 84), she follows the first yacht in the series, Darsea,
