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Offshore

Solstad Maritime ASA – Contract extension for CSV Normand Ocean

Solstad Maritime ASA announced a 1-year contract extension for the CSV “Normand Ocean” with DeepOcean. The contract commences 1 January 2026, in direct continuation of...

Havila Shipping ASA: Contract extension with Equinor Energy for Havila Troll

Equinor Energy has exercised one year option for Havila Troll, keeping Havila Troll until November 2026. Equinor Energy has 3 additional options, each for one...

KNOT Offshore Partners LP reports strong Q2 2025 results

KNOT Offshore Partners LP reported strong Q2 2025 results. Financial Highlights For the three months ended June 30, 2025 (“Q2 2025”), KNOT Offshore Partners LP...

Cadeler takes delivery of first A-class vessel and enters new strategic chapter in offshore foundations

Cadeler announced the successful delivery of its first A-class vessel, Wind Ally, delivered on budget and ahead of schedule. Wind Ally becomes the ninth vessel...

Marco Polo Marine expands fleet with two AHTS vessels

Marco Polo Marine Limited will add two Anchor Handling Tug Supply (AHTS) vessels valued at $43.7m (US$34m) to its fleet by 2026. The two vessels...

DOF Group ASA – Service contracts awarded in Brazil

DOF Group ASA announced the award of three Petrobras service contracts (PIDF) in Brazil. The contracts awarded are for execution of subsea inspections as part...

Reach Subsea orders two additional USVs from Kongsberg

Kongsberg signed a contract with REACH Subsea ASA for the design, construction and delivery of two additional unmanned surface vessels (USVs), expanding the pioneering...

DOF Group ASA – Contract extension for Skandi Patagonia

DOF Group ASA announced a contract extension for Skandi Patagonia. The new contract will see the vessel,a CSV built in 2000 with a 50t crane...

Allseas awarded Brae Alpha decommissioning contract

TAQA UK has awarded Allseas the contract for the engineering, preparation, removal and disposal (EPRD) of the Brae Alpha platform in the UK Central...

DEME expands Subsea Cable Installation Fleet with New Offshore Construction Vessel

Belgium-based engineering group DEME has confirmed an order for a new Offshore Construction Vessel (OCV), designed to strengthen its subsea cable installation capacity and...

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Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Seacon Shipping to acquire 40% stake in CIMC Xinde Leasing and provide guarantee

Seacon Shipping Group Holdings Limited announced that its wholly owned subsidiary has agreed to acquire a 40 percent equity interest in CIMC Xinde Leasing...

KNOT Offshore Partners LP reports strong Q2 2025 results

KNOT Offshore Partners LP reported strong Q2 2025 results. Financial Highlights For the three months ended June 30, 2025 (“Q2 2025”), KNOT Offshore Partners LP...

TORM announces long term incentive program

In accordance with TORM plc’s Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 2021 and the authorization granted at...

Golar LNG announces pricing of $500 million offering of senior notes due 2030

Golar LNG Limited announced the pricing of a private offering of $500 million in aggregate principal amount of unsecured senior notes due 2030. The...

Carnival raises annual profit forecast on resilient cruise demand, high costs loom 

Carnival Corp raised its annual profit forecast on Monday, leaning on strong demand and...

Baltic index falls on decline across all vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

The International Chamber of Shipping opens new office in Singapore

The International Chamber of Shipping (ICS) announced the inauguration of a new ICS Representative...

Greece continues to hold the “lead” in international shipping

Greece continues to hold the “lead” in international shipping, remaining in first place worldwide...

Baltic Index hits one-and-a-half year high on strong vessel demand

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

DP World and Hapag-Lloyd renew agreement to boost port operations in Brazil

DP World, a global leader in logistics and supply chain solutions, announces the renewal of a long-term agreement with Hapag-Lloyd, one of the world’s...

Piraeus port: Container traffic remains steady in Jan-Aug

Container traffic at Piers II and III of the Container Terminal at the port of Piraeus remained at approximately the same levels as last...

Port of Los Angeles August cargo remains strong as high volume continues

After reaching new cargo heights in July, Port of Los Angeles volume remained strong in August. The Port efficiently processed 958,355 Twenty-Foot Equivalent Units...

Greek ports: Passenger traffic down; movement of goods up

The total passenger traffic in Greek ports recorded a decrease of 1.1% in the first quarter 2025 compared with the first quarter 2024, the...