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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...

DOF Group ASA – Two long-term contracts in Brazil

DOF Group ASA announced two new long-term contracts in Brazil. Following the same competitive tender process that resulted in the contract awards of Skandi Achiever,...

Valaris announces contract award for Drillship VALARIS DS-12

Valaris Limited announced that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract...

ExxonMobil to deliver LNG marine bunkering services

ExxonMobil is entering the LNG marine bunkering market, initially with two LNG bunker vessels, marking an important step in its efforts to help reduce...

Capital Offshore and UOS form ship management JV to create UOS Capital

The Greek shipowner Capital Offshore will acquire 50% of the shares in UOS from Hayfin, creating upon completion of the transaction, the new “UOS...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...