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Aker Solutions secures long-term maintenance and modifications frame agreements with Equinor

The contracts include options to extend for two additional periods of three and two years, respectively. The value of the contracts will depend on the...

Transocean announces contract award and extension totaling $168 million

Transocean announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168 million of firm...

Borr Drilling Limited – Contracting Updates

Borr Drilling Limited announced new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with...

Gulf Marine Services announces two-year contract extension for one of its Mid‐size vessels currently operating in the GCC region

Gulf Marine Services (GMS), a leading provider of self‐propelled, self‐elevating support vessels to the offshore energy industry, announced a two‐year contract extension (comprising one...

Subsea7 awarded contract offshore US

Subsea7 today announced the award of a sizeable1 contract by LLOG Exploration Offshore L.L.C., for the Buckskin South Expansion project. The Buckskin field is...

DOF Group ASA – Two contract awards in the APAC region

DOF Group ASA announced the award of two contracts in the APAC region. ‍The first is for a three-year frame agreement for the provision of...

DOF Group ASA: Project awards in the Atlantic region and contract award in the North America region

DOF Group ASA announced the award of several new contracts in the Atlantic region. ‍The contracts will be executed primarily using DOF’s regional fleet during...

Saipem awarded an offshore EPCI contract in Qatar worth approximately 3,1 billion USD

Saipem, in partnership with Offshore Oil Engineering Co. Ltd. (COOEC), has been awarded an offshore EPCI contract by QatarEnergy LNG for the COMP5 package...

Resolution of dispute with Maersk’s Affiliate, Phoenix II A/S

Seatrium Limited refers to its announcements dated (a) 10 October 2025, regarding the notice of termination dated 9 October 2025 received by Seatrium Energy...

Subsea7 confirms award offshore Norway

Subsea7 announced the award of a sizeable1 contract for pre-commitment to procure long lead items for a project in the Norwegian North Sea. Pre-execution project management...

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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...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

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...

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...