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DEME expands Subsea Cable Installation Fleet with New Offshore Construction Vessel

Belgium-based engineering group DEME has confirmed an order for a new Offshore Construction Vessel (OCV), designed to strengthen its subsea cable installation capacity and...

Cadeler signs firm contract with Ocean Winds for WTG installation at the BC-Wind Offshore Wind Farm in Poland

Cadeler has signed a firm contract with Ocean Winds for the transportation and installation of 26 Siemens Gamesa 14MW offshore wind turbines at the...

Baker Hughes secures multi-year contract with Petrobras for Offshore Stimulation Vessels

Baker Hughes, an energy technology company, announced Wednesday a multi-year agreement with Petrobras to extend the deployment of the Blue Marlin and Blue Orca...

Marco Polo Marine up 6.7% on S$100 million order book wins, ranks among top-traded SGX stocks

Marco Polo Marine shares surged on Thursday morning after the integrated marine logistics company announced that it clinched S$100 million in order book wins. It...

Petrobras chooses Vallourec to support $1bn offshore OCTG

Vallourec, a world leader in premium seamless tubular solutions, has been awarded a major contract by Petrobras as a result of a competitive bidding...

Subsea7 awarded contract offshore Saudi Arabia

Subsea7 announced the award of a major1 project under the long-term agreement (LTA) with Aramco that relates to certain facilities located offshore Saudi Arabia. The...

BW Offshore completed refinancing into new USD 220 million Revolving Credit Facilit

BW Offshore Limited is pleased to announce the successful refinancing of its existing Revolving Credit Facility into a new USD 220 million facility, maturing...

Wison New Energies and Siemens Energy sign MoU at Gastech 2025

Wison New Energies (Wison) and Siemens Energy (SE) have signed a strategic Memorandum of Understanding (MoU) at Gastech 2025 in Milan, marking a new...

Saipem awarded new offshore contract for Sakarya gas field development worth approximately 1.5 billion USD

Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in...

Marco Polo Marine and Salt Ship design to collaborate in construction of CSOV Plus

Marco Polo Marine, a reputable regional integrated marine logistics company, announced the selection of Salt Ship Design AS, a renowned Norwegian ship designer, to...

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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...