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Offshore

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...

DOF agrees PSV extensions with Equinor

Equinor has exercised its option to extend the firm period of the contract for two of DOF’s platform supply vessels (PSVs). Equinor extended contracts for...

BOURBON wins a 5-year contract with ExxonMobil in Angola and launches its new 34m Crewboat model

BOURBON reinforces its 15-year collaboration with ExxonMobil in Angola, announcing the signing of a five-year contract for the charter of new 34-meter vessels to...

DOF Group ASA – Successful placement of USD 150 million senior unsecured bond

DOF Group ASA has successfully priced a 5-year USD 150 million senior unsecured bond. The Bonds will carry a fixed coupon of 8.125% p.a.,...

BW Offshore signs head of agreement with Equinor for Bay du Nord FPSO

BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred bidder for the Floating Production, Storage...

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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...