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McDermott awarded EPCI contract for Al Nasr Field Development Project

McDermott has been awarded a major* contract by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project, located approximately...

Carimin acquires a 19.5% stake in Sealink

Oil and gas services and equipment (OGSE) firm Carimin Petroleum Bhd has acquired a 19.5% stake in Sealink International Bhd for RM39.98 million, making...

Seatrium files arbitration claim against Aibel

Seatrium Limited announced that its wholly-owned subsidiary, Seatrium New Energy Limited and its consortium partner – in respect of the design, engineering, procurement, construction,...

Seadrill announces multiple contract awards

Seadrill Limited provides the following contracting updates for the West Capella, West Elara and West Carina. In Malaysia, the ultra-deepwater drillship West Capella has secured...

EnBW sells stake in Mona offshore wind farm to partner JNbp

EnBW Energie Baden-Württemberg AG (EnBW) is selling its stake in the Mona offshore wind project, with a potential capacity of 1.5 gigawatts (GW) in...

DOF Group ASA – Contract award in Guyana

DOF Group ASA announced a large turn-key contract award with MODEC Guyana Inc. for the provision of mooring pre-lay for the Hammerhead FPSO project...

Wood secures two-year contract extension worth up to $65 million with Woodside for North West Shelf asset upgrades

Wood has secured a two-year contract extension worth up to US$65 million (AUD$100 million) with Woodside to continue delivering brownfield engineering, procurement and construction...

Saipem awards Guyana subsea contract job for ExxonMobil project

Saipem has awarded a contract for subsea pre-commissioning services for Guyana’s Whiptail development, part of ExxonMobil’s prolific Stabroek play, to contractor Enermech, the companies...

Safe Caledonia contract further extended

Ithaca Energy (UK) Limited (‘Ithaca’) has exercised all three remaining weeks of options for the Safe Caledonia to continue providing accommodation support at the...

Solstad Offshore ASA – Contract extension and amendment for Normand Turquesa

Reference is made to the previous press release dated 9 July 2025 regarding the four-year contract for the Anchor Handling Tug Supply (AHTS) Normand...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...