British-founded maritime defence company Kraken Technology Group has closed its Series B funding round, raising $175 million at $1 billion valuation. The raise will support...

Kongsberg Maritime has acquired Swedish company Berg Propulsion, designer and manufacturer of integrated propulsion and electrical systems. Financial details of the transaction are undisclosed. Following completion,...

Italian shipowning group Ocean Srl has joined nlcomp's shareholder base, alongside long-standing partner Samer & Co Shipping and investor CDP Venture Capital through the...

Dieter Gust, co-founder of Construction Navale Bordeaux (CNB) and chief executive officer of Groupe Beneteau’s Boat Division, has died after a ten-year battle with...

High-performance diesel outboard manufacturer OXE Marine has announced an order for GM Marine valued at approximately $0.7 million. The order is the first of a...

NatPower Marine has acquired the Aqua superPower international electric charging network from ATV Power. Aqua superPower spans multiple markets worldwide and comprising more than 80...

Caudwell Marine has strengthened its North American presence with the appointment of Eric Guerette and Naydn Best as product support engineers, based in the...

Archipelago Yachts and Chartwell Marine have successfully demonstrated a pioneering methanol-powered range extension system, converting methanol into hydrogen and then electricity using a fuel...

The Sea Index has expanded its certification and developed new reference models for a broad range of pleasure boats. The certification was originally developed for...