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Brazilian driller wins new $465 million rig contract with Petrobras

Brazilian drilling contractor Foresea has secured a new charter agreement with state-controlled oil company Petrobras for one of its drillships to operate in the...

DOF Group ASA – Awarded cable replacement contract by Statnett

DOF Group ASA announce that it has been awarded a Substantial* contract by Statnett, Norway’s transmission system operator, for the replacement of high-voltage subsea...

Seaway7 appoints Lloyd Duthie as Chief Executive Officer

Seaway7 has appointed Lloyd Duthie as Chief Executive Officer, effective 1 April 2026. Lloyd succeeds Stuart Fitzgerald, who will take up the role of...

Seadrill announces appointment of Samir Ali as CEO

Seadrill Limited announced a leadership change, effective immediately. Samir Ali, Executive Vice President, Chief Commercial Officer, has been appointed President and Chief Executive Officer,...

Energean: Strategic entry offshore Angola via acquisition of Chevron’s interest in two blocks

Energean announced on Thursday it would acquire Chevron’s two offshore Angola oil blocks for a base consideration of 260 million dollars. More specifically, the company...

Golden Energy Offshore Services: Sale of PSV Energy Passion

Reference is made to the stock exchange announcement by Golden Energy Offshore Services ASA on 12 December 2025 where the Company informed of its...

Boskalis secures contract for the inter-array cable system at the Gennaker Offshore Wind Farm

Royal Boskalis B.V. in consortium with TKF Subsea Solutions B.V. (TKF) recently signed a contract with OWP Gennaker GmbH, as developed by Skyborn Renewables,...

Seatrium doubles FY2025 net profit to s$324 million lifted by margin expansion

Seatrium Limited has delivered net profit of S$323.6 million for the financial year ended 31 December (“FY”) 2025, a 106% increase from S$156.8 million...

Saipem awarded a new offshore contract in Saudi Arabia worth approximately $500 million

Saipem has been awarded an additional offshore contract in Saudi Arabia under its existing Long-Term Agreement with Aramco. Saipem’s scope of work includes the Engineering,...

Tidewater announces the All-Cash Acquisition of Wilson Sons Ultratug Offshore

Tidewater Inc. announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações S.A....

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...