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Kongsberg Digital has signed a contract with the Panama Canal Authority (ACP) to upgrade and extend the K-Sim Navigation simulators based in SIDMAR; the Center for Simulation, Research and Maritime Development of the Panama Canal Authority. Equipped with the new technology, the Panama City-based center will be able to include multiple vessels in training scenarios and extend the realism of the simulator training provided for pilots and tug masters.

Marlink Group, backed by Apax Partners sas, has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks, while remaining fully focused on providing best-in-class services to their customers across the world.



Kraken Robotics Inc. Canada’s Ocean Company has entered into a non-binding letter of intent (the “LOI”) dated April 8, 2021 in connection with the proposed acquisition of PanGeo Subsea Inc. (“PanGeo”) from Cahill Innovation Inc, a member of the Cahill Group of Companies, and Argentum Asset Management AS. Moya Cahill, a director of Kraken, is a shareholder of Cahill Innovation Inc, and she resigned as a director of Kraken prior to the approval and execution of the LOI in order to ensure proper governance and review of the transaction by a fully arm’s length board.

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