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Offshore

Northern Offshore Services expands fleet with Service Operation Vessel

Northern Offshore Services enters a new segment by acquiring Mistral Enabler, a Service Operation Vessel  from Edda Wind. The vessel will be renamed Northern...
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Contract award for Normand Subsea

Solstad Offshore ASA announced a contract award with Subsea7 for the subsea construction vessel “Normand Subsea”. The duration of the contract is 2-year firm and...
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Woodside and China resources agree long-term LNG supply

Woodside has signed a long-term sale and purchase agreement with China Resources Gas International Limited for the supply of liquefied natural gas to China. The...
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Sale of FPSO BW Pioneer with five-year O&M contract with the buyer

BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil...
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Havila Shipping ASA signs contract with Peterson Den Helder BV for PSV Havila Borg

Havila Shipping ASA has signed a contract with Peterson Den Helder BV for the PSV Havila Borg on market terms. The contract is planned to...
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Keppel’s flagship infrastructure fund leads acquisition of subsea cable specialist Global Marine Group

Keppel announced that Keppel Infrastructure Fund and its co-investor have acquired a 100% stake in Global Marine Group from investment affiliates of J.F. Lehman...
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Equinor makes significant gas discovery in the Norwegian Sea

Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the “Mistral Sør” exploration well in the Halten area, situated...
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Sale of “Skandi Peregrino” by DDW Offshore

Akastor ASA's subsidiary DDW Offshore AS has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million,...
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SAPURA ENERGY BERHAD secures RM3.2 billion in new contracts for tender assist drilling rig services

SAPURA ENERGY BERHAD announced that its drilling arm have secured multiple contracts with a combined value of approximately RM3.2B. Sapura Drilling won two (2) contracts...
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Amplus Energy expands feet with acquisition of Iconic Petrojarl I FPSO

Amplus Energy Services has entered into an agreement to acquire the Petrojarl I vessel, marking a significant milestone and introducing a distinctive new capability...
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Carnival Corporation posts record Q1 $5.8b revenues in 2025

Carnival Corporation & plc announced financial results for the first quarter 2025 and provided an updated outlook for the full year and an outlook...

Fred. Olsen Ocean divests 50% ownership in United Wind Logistics GmbH

Fred. Olsen Ocean, a wholly owned subsidiary of Bonheur ASA, hasentered into an agreement for the sale of its 50% stake in United WindLogistics...

Hapag-Lloyd publishes 2024 annual report and announces outlook for current financial year

Hapag-Lloyd published its new annual report today. According to the report, a slight increase in the operating result was achieved in 2024. The Group...

Eni and Vitol to strengthen collaboration in West Africa

Eni and Vitol have agreed that Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo...

Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

Celestyal Discovery returns to service after major refit

Celestyal Discovery has returned to service following a major refit in Athens over the...

Billion-Dollar US levies on Chinese ships risk ‘Trade Apocalypse’

For a symbol of the chaos engulfing world trade since the Trump administration walked...

Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II

Wilhelmsen announced its continued partnership with Motion Ventures on the launch of Motion Ventures...

DNV, HD KSOE and HD Hydrogen to collaborate on CO2 capture technology for SOFCs

HD Korea Shipbuilding and Offshore Engineering, HD Hydrogen, and DNV recently signed a Joint...

Baltic Index falls on lower capesize, panamax rates

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

Thessaloniki port: Investment plans proceed; boosting the cruise industry

The expansion of Pier 6 at the port of Thessaloniki, an investment of hundreds of millions of euros, is expected to proceed immediately, within...

Focus on port infrastructure as cruise ship owners meet EU Transport Commissioner

The Association of Cruise Ship Owners and Maritime Agencies informed the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, about the activity and...

Port Hedland iron ore exports down 5% on February

Pilbara Ports delivered a total monthly throughput of 49.5 million tonnes (Mt) for February 2025. This was a six per cent decrease compared to February...

Greek ports record 5.6% passenger traffic increase in Q3

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while...

DP World and Maersk sign long-term agreement to expand maritime services in Brazil

DP World, a global leader in logistics and supply chain solutions, has signed a long-term strategic agreement with Maersk, one of the world’s leading...

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