Maritime Software Company Acquires Advisory Firm
US-based maritime software company OrbitMI has acquired Swedish advisory firm Gale Force, expanding its portfolio in voyage optimization and environmental compliance.
Read moreCategory Archives: Ocean Business
Approval Granted for Prime Offshore Joint Venture
Oilfield services companies Aker Solutions, SLB (formerly Schlumberger) and Subsea7 have received approval from competition authorities for their proposed subsea joint venture (JV).
Read moreOceanTools Appoint Innova as Distributing Partner
OceanTools Limited, a world leading subsea engineering company based in Aberdeen Scotland, are delighted to announce the new appointment of Norwegian company Innova as exclusive reseller of their market-leading subsea cameras, lighting and dye detection systems.
Read moreUS Navy Contracts with Raytheon for Three Destroyers
The U.S. Navy awarded Raytheon Missiles & Defense, a Raytheon Technologies business, an activation, sustainment and modernization contract for $483 million with options, if exercised, totaling $1.68 billion across five years.
Read morePartnership to Promote Sustainable Water Treatment
Cavitation Technologies, Inc. (CTi) has announced an agreement with Sustainable Development Partners (SD Partners), an international consulting firm specializing in infrastructure projects that promote sustainable development through renewable energy and clean water supply and treatment investments.
Read moreNORBIT to Acquire Maritime Technology Company
NORBIT is in exclusive negotiations regarding an add-on acquisition of an undisclosed international maritime technology company. The acquisition will broaden the product offering in the oceans segment. NORBIT has signed a term sheet to this effect.
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