A.P. Moller Holding currently owns 47% of Svitzer through its APMH Invest subsidiary and is now offering to buy the remaining ...

Typically, the small but mighty tugs will help a watercraft when it gets into a spot of bother in the likes of a narrow canal ...

Maersk's main shareholder made an all-cash offer to acquire for Danish towage and marine-services provider Svitzer that ...

AP Moller-Maersk’s MAERSK.B-0.21%decrease; red down pointing triangle main shareholder made an all-cash bid for Svitzer that values the Danish towage and marine-services provider at around $1.3 ...

Calling all scuba divers and fishermen: a new underwater reef will soon be off the shore of Panama City, and it’s got quite a ...

Since 1956, the “Captain Hornblower” has been a working tugboat, mainly as a ship-assist tug. “She worked in the New York ...

Svitzer was spun off from A.P. Moller-Maersk A/S about a year ago, and the shares had lost about 8% since the listing on Nasdaq Copenhagen before April 2.

In order to get from one Dutch city to another, the $200 million yacht was squeezed along some of the 55,000 miles of canal ...

Enter Mike Vinik and his Keyport-based tugboat service, Vinik Marine. Using a half-mile-long, 2 1/4-inch wire cable, his tug ...

Noticeably in the trailer, there are no signs of Kanye West or President Donald Trump — who both took over headlines in 2024.