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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...

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...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...