Search Results for "how to buy ships"

Siemens Energy to Buy Out Loss-Making Turbine Builder Siemens Gamesa

By The Maritime Executive

November 8, 2022

Spanish regulators have given German conglomerate Siemens Energy the green light to buy up all outstanding shares of Siemens Gamesa Renewable Energy (SGRE), its majority-owned wind turbine manufacturi...

Kommer Damen Receives Lifetime Achievement Award

By The Maritime Executive

November 8, 2022

Kommer Damen, who built Damen Shipyards into a household name in shipping, received a Lifetime Achievement Award at the Dutch Maritime Awards Gala in Rotterdam Monday night. It adds to a growing and h...

Retailers Again Cut Forecasts for U.S. Imports as Global Trade Slows

By The Maritime Executive

November 8, 2022

As global trade continues to slow, its is impact the shipping industry as well as ports and related businesses. The effects are beginning to show in more forecasts with the National Retail Federation,...

Long-Time CEO of Fincantieri Giuseppe Bono Dies at Age 78

By The Maritime Executive

November 8, 2022

Italian shipbuilder Fincantieri announced the death of their long-time chief executive, Giuseppe Bono, earlier today. Bono who had headed the shipbuilder for 20 years is credited with revitalizing the...

UK Cancels Flagship Project Opting for Subsea Cable Protection Ships

By The Maritime Executive

November 8, 2022

The government of the new British Prime Minister Rishi Sunak confirmed to members of Parliament a change of priorities for the national shipbuilding program as they seek to reign in the naitonal budge...

Mounting Problems for South Korea’s Shipbuilding Industry

By The Maritime Executive

November 8, 2022

South Korean shipbuilders, which had recently led the industry as their Chinese rivals grappled with COVID-19-related restrictions, are facing growing challenges. The shipyards recently slipped back i...

Panama Makes Progress In The Process Of Recognition

By The Maritime Executive

November 8, 2022

[By: Panama Marine Authority] “Currently, 90% of the evidence of the actions carried out has been completed according to the results of the audit report carried out by the European Maritime Safety...

Thordon Bearings Prove Their Worth in Abu Dhabi Offshore Platform Pump

By The Maritime Executive

November 8, 2022

[By: Thordon Bearings] Thordon Bearings’ water-lubricated elastomeric polymer bearings have been installed to well pumps aboard an undisclosed offshore oil platform operated by Abu Dhabi National O...

ABB and Royal Caribbean Group Collaborate

By The Maritime Executive

November 8, 2022

[By: ABB] ABB Ability™ Marine Braking Assistance helps ships minimize stopping time and distance, without compromizing steering capability Initially developed at the request of Royal Caribbean...

300 Migrants Rescued During Attempted Voyage From Myanmar to Canada

By The Maritime Executive

November 8, 2022

In an unusual rescue operation in the South China Sea on Monday, a migrant vessel attempting to make a transpacific voyage was rescued off the coast of Vietnam. Migrant vessels are frequently resc...

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