EU to Kvaerner: We Want Our Money Back
The European Commission reportedly has ordered KWW -- a German subsidiary of Kvaerner Plc -- to repay $42.31 million of state aid. The company is reportedly mulling an appeal.
Related News
07 May 2026
ABS, HD Hyundai and Anduril Industries to Advance Autonomous Surface Vessels
ABS, HD Hyundai and Anduril Industries have signed a memorandum of understanding (MoU) to explore autonomous maritime capabilities.The…
07 May 2026
Damen Shipyards to Delivery of Two Tugs to Albayrak Group
Damen Shipyards Group has signed a contract with Türkiye's Albayrak Group for the delivery of an ASD Tug 2111 and ASD Tug 2813.
06 May 2026
Construction Underway on New Matson Container Ships
Matson has marked two milestones in its fleet renewal program with the beginning of hull assembly on the second of three…
06 May 2026
MSC 111 Expected to Adopt MASS Code
The Maritime Safety Committee meets for its 111th session from 13-22 May 2026.The meeting is expected to adopt the goal-based…
Sponsored Content
Solar protection - For clear visibility without reflections
Our market leading products are built on our long experience and made to the highest quality standards.
Stop Digitizing the Problem: A Smarter Approach to Maritime Software
The industry is focused on managing cost and maximizing efficiency, so why do some operators resist adopting technology, asks Captain Steve Bomgardner, CEO
