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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...

KNOT Offshore Partners LP receives buyout offer from Knutsen NYK Offshore Tankers AS

KNOT Offshore Partners LP announced that the Board of Directors of the Partnership received an unsolicited non-binding proposal, dated October 31, 2025, from Knutsen...

Ocean Installer extending charter agreement for Normand Vis

In order to meet current and future demands for offshore construction projects, Ocean Installer has called off a charter extension for the advanced multi-purpose...

Seatrium receives notice of arbitration from Maersk over US$475 million contract dispute

Seatrium shares have dropped more than 14% to close at $2.09 on Oct 21 after this dispute was announced. Seatrium has received a notice of...

Reach Subsea exercises 1-year option for Olympic Triton

Reach Subsea has exercised the first one-year option for the subsea vessel Olympic Triton, extending the charter through February 2027. The vessel has been on...

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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...