Triton, a European mid-market investment company, has completed the acquisition of MacGregor from previous owner Hiab, formerly Cargotec.The transaction between Triton and Hiab, first announced in November 2024, was closed on July 31, 2025.MacGregor…
Triton Completes MacGregor Acquisition Read More »
Geoffrey Hinton, the godfather of AI, has compared developing AI agents to owning a pet tiger.Speaking this week at the World AI Conference (WAIC 2025) in Shanghai, Yicai Global reported him saying: “Our current situation is like someone keeping a tige…
AI Agents: Like Owning a Pet Tiger Read More »
Communities in Panama that would have to relocate under the Panama Canal’s plan to build a $1.6 billion reservoir filed a Supreme Court challenge on Thursday, saying the project intended to enable more vessel transits is unconstitutional.Some 2…
Panama Communities Challenge Canal Expansion Project in Supreme Court Read More »
The Surface Navy Association (SNA) announced the appointment of retired Vice Admiral Ron Boxall as its new President, succeeding retired Vice Admiral Rick Hunt, who has served in the role since 2019. Admiral Boxall will make his first official…
Surface Navy Association Names New President Read More »
SAAM Towage, the largest towage operator in the Americas, has added two new units to its fleet: the SAAM Petrel and the SAAM Charrán. These modern ships, designed by the firm Robert Allan and built at the Sanmar shipyard in Turkey.Their names…
SAAM Towage Strengthens Fleet With New Tugs for Chile and Peru Read More »