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GONDAN to build Østensjø Rederi’s most powerful offshore tugboat

GONDAN has signed a new contract with Norwegian shipowner Østensjø Rederi to build a state-of-the-art offshore tugboat, which will be the most powerful in...

Havila Shipping ASA: Equinor Energy AS has exercised one year option for Havila Charisma

Equinor Energy has exercised one year option for Havila Charisma until December 2026. Equinor Energy has an option for one year thereafter, until December 2027.

Odfjell Drilling extension of Deepsea Nordkapp

Odfjell Drilling Ltd. announced that it has received signed confirmation from Aker BP ASA (“Aker BP”) that it will extend the firm contract period...

Transocean announces exercised options totaling $89 million

Transocean Ltd. announced contract fixtures for one ultra-deepwater drillship and two harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $89 million in firm...

ODL – Acquisition of Deepsea Bollsta

Odfjell Drilling Ltd. announced that it has signed an agreement for the acquisition of the harsh environment semi-submersible drilling rig Deepsea Bollsta from Northern...

DeepOcean awarded installation work on gas project by Equinor

Ocean services provider DeepOcean has been awarded a contract by Equinor to provide various subsea construction and installation activities as part of the Snorre...

Solstad Maritime ASA – Contract award for CSV Normand Ocean

Solstad Maritime ASA (SOMA) announced that the Construction Support Vessel Normand Ocean has been awarded a new very large contract* with DeepOcean AS. The contract...

DOF Group ASA – Awarded a subsea services contract by bp in the North Sea

DOF Group ASA announced that bp has awarded it a 3-year firm commitment contract (with a further 2 x 1-year options) for the provision...

Seatrium divests non-core platform supply vessels for S$77 million

Seatrium Limited announced that it has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading Ltda, an unrelated third party,...

Aker Solutions extends role as Equinor’s inspection services provider in Norway

Aker Solutions has secured a four-year contract extension to provide onshore and offshore inspection services. The extension follows the customer’s decision to exercise an...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...