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DOF Group ASA – Two long-term AHTS contracts in Brazil

DOF Group ASA announced two new contracts in Brazil.Skandi Fluminense, a 2007 Brazilian-built anchor handling tug supply (AHTS) vessel with 211t bollard pull, and...

Seatrium first-half profit soars

Seatrium’s net profit for the first half of 2025 swelled on the back of a strong order book and higher margins, the company announced...

Boskalis – Allseas consortium awarded large offshore natural gas pipeline project in Taiwan

Boskalis and Allseas announced that their 50/50 consortium has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline...

Solstad Maritime ASA – Contract award for CSV Normand Mermaid

Solstad Maritime ASA announced the award of a substantial* contract for the “Normand Mermaid” with SAExploration. The contract, which will commence in July 2025, has...

Cadeler takes delivery of Wind Keeper and locks down first three years of utilisation with the signing of a long-term firm contract

Cadeler has taken delivery of its latest acquisition, the vessel Wind Keeper, ahead of schedule. The newest addition to the fleet has landed her...

Subsea7 awarded contract offshore Norway

Subsea7 announced the award of a large contract by Equinor relating to the Fram Sør development project, offshore Norway. The project work scope covers engineering,...

Golden Energy Offshore completes refinancing

Golden Energy Offshore Services ASA announced that the refinancing of the vessel Energy Swan has now been completed on terms aligned with the financing...

Seatrium: Expands sustainable finance framework with US$400 million sustainability-linked credit facility from UOB

Seatrium Limited announced that its wholly-owned subsidiary Seatrium Financial Services has successfully secured a US$400 million Sustainability-Linked Revolving Credit Facility with United Overseas Bank...

TPAO buys two drillship from Norway

Turkey’s state oil company TPAO has purchased two more drilling ships fom Noraway’s Eldorado Drilling to be used in deep-sea natural gas exploration, according...

Ørsted secures project financing for Greater Changhua 2

Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise approximately TWD 90...

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Noble Corporation announces first quarter 2026 results

Noble Corporation plc reported first quarter 2026 results. Three Months Ended(in millions, except per share amounts)March 31, 2026March 31, 2025December 31, 2025Total Revenue$                786$                874$                764Contract Drilling Services Revenue743832705Net...

Hanwha Ocean’s Q1 OP jumps 70.6% on high-value vessel orders

South Korean shipbuilder Hanwha Ocean Co. saw its operating profit soar more than 70 percent in the first quarter of this year from a...

Top Ships secures $50 million equity facility

According to a relevant filing, Top Ships has signed a Common Share Purchase Agreement with B. Riley Principal Capital II, giving the firm the...

Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...