In 2022, KTM, under Pierer Mobility, bought into MV Agusta in 2022. This was increased to a majority stake in 2024 with a 50.1 % stake in MV Agusta, leaving 49.9 % in the hands of the Sardarov family.

The crew of a Chinese boxship have abandoned the vessel after a hazardous cargo explosion and fire in the southern Red Sea. The Hong Kong-flagged vessel was said to be drifting in the southern Red ...

Seatrium has been awarded an engineering, procurement and construction contract by Japan-based Penta-Ocean Construction (POC) for a 5000-tonne fully revolving heavy lift vessel, marking the ...

Follow us on Facebook and join our Telegram channel for the latest updates. Seatrium has announced it has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the ...

The Maltese-flagged Vezhen was sailing to South America, loaded with fertilizer. The 32,000-ton vessel was launched in 2022, Kalchev said. The Swedish public prosecutors’ office said it was now ...

(AP Photo/Hendrik Osula) NATO naval vessels are docked at Ofelia Plads in Copenhagen Harbor, Sunday, Jan. 26, 2025, as the vessel A803 will participate in NATO’s enhanced operation, Baltic Sentry, in ...

The navy said it had identified a “suspect vessel”, the Michalis San, which was near the incident’s location along with two other ships. The Michalis San was headed for Russia, according to ...

The path will be cleared this weekend for the much-anticipated arrival of a new permanent vessel for the ferry run between Prince Edward Island and Nova Scotia. The Canadian Coast Guard sent a ...

BLACKPINK’s Jennie caught fans off guard with an unexpected new release! On January 25, Jennie dropped the music video for “ZEN,” a new song off her upcoming first full-length solo album ...

Ryan Chan is a Newsweek reporter based in Hong Kong, where he previously had over a decade of experience at a local newspaper, covering China and current events around the world. His focus is on ...

The British navy said Wednesday that it is ramping up measures to protect its waters from secret Russian operations after identifying a Russian spy vessel in UK waters for the second time in weeks.

On its maiden voyage to Alaska in 2012, the 360-foot vessel lost control of the Shell Oil drill rig it was towing, and Coast Guard helicopter crews braved a storm to pluck 18 men off the wildly ...