Dutch subsidiary of BMT stages successful management buy-out

Monday, 16 Oct 2017

Aktis Hydraulics BV, a Dutch subsidiary of BMT Ship & Coastal Dynamics Ltd, has completed a successful management buy-out and will now operate independently.more

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MacGregor chooses Singapore for new head office

Monday, 09 Oct 2017

Following more than three years of operation with a virtual head office, Cargotec subsidiary MacGregor now has new headquarters in Singapore.more

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Change in top management at Voith Group

Wednesday, 04 Oct 2017

Dr Hubert Lienhard, president and CEO of Voith Management GmbH, is to stand down at the end of March 2018, having completed his second term in office.more

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ACR Electronics expands portfolio with UK acquisition

Wednesday, 23 Aug 2017

Fort Lauderdale-based ACR Electronics, an emergency beacon, safety and survival technology specialist, has acquired United Moulders Ltd (UML), a UK-based designer and manufacturer of automatic and manual lifejacket inflation...more

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New CEO appointed at Oman Drydock

Wednesday, 19 Jul 2017

German naval architect and industrial engineer Stephan Aumann has been appointed as the new chief executive officer of the Oman Drydock Company S.A.O.C. located in Duqm on the Arabian Sea. Aumann succeeds Jin Han Lee from Daewoo...more

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GDD ramps up engine division with new strategic partner

Thursday, 13 Jul 2017

Following the go-ahead from Germany’s antitrust authorities, Bremerhaven’s German Dry Docks AG (GDD) has set up a strategic alliance with MWB Marine Services GmbH.more

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Navico to acquire marine monitoring specialist Naviop

Wednesday, 05 Jul 2017

Marine electronics company Navico® is to acquire marine monitoring and control system provider NaviopTM which will provide a framework for integrating data from boats equipped with Simrad, Lowrance and B&G marine electronics,...more

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MAN Diesel & Turbo buys stake in energy storage specialist

Tuesday, 20 Jun 2017

MAN Diesel & Turbo has contractually agreed to acquire a 40% stake in Canada’s Aspin Kemp & Associates (AKA), a specialist in power supply, energy management, propulsion and drive systems for marine applications, as well as...more

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Schottel targets Norwegian market

Wednesday, 17 May 2017

German propulsion and steering system manufacturer, Schottel GmbH, has opened a new subsidiary in Norway as part of its global expansion strategy.more

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Liebherr targets markets in South America

Monday, 24 Apr 2017

Manufacturing group Liebherr has opened a new office in Buenos Aires from where it plans to expand its business in the Argentina and Uruguay markets, focusing on the supply of mining, mobile cranes and port and harbour cranes.more

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