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Saturday, October 5, 2024
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Saipem awarded two offshore contracts in Saudi Arabia worth approximately 1 billion USD

Saipem has been awarded two offshore contracts in Saudi Arabia under its existing Long-Term Agreement with Saudi Aramco. The overall value of the two...
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APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake...
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Helix Awarded New Long-Term Contracts with Petrobras

Helix Energy Solutions Group announced new three-year vessel charter and service contracts with Petróleo Brasileiro S.A. (“Petrobras”) for the riser-based well intervention vessels Siem...
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Østensjø Rederi orders Ocean Energy Support Vessel at Astilleros Gondan

Østensjø Rederi has entered into a shipbuilding contract with the Spanish shipyard, Astilleros Gondan, for the construction of an Ocean Energy Support Vessel (OESV)....
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Landmark deal between Wärtsilä and Eidesvik Offshore pioneers growing demand for ammonia in shipping

Technology group Wärtsilä has signed a contract with Norwegian shipowner Eidesvik to supply the equipment for the conversion of an offshore platform supply vessel...
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Cadeler Strengthens its Financial Position with the Extension and Increase of its RCF B and Uncommitted Guarantee Lines, and Replacement of its M Class...

Cadeler announced two significant developments in respect of its external debt facilities that, together, underscore the robust support that Cadeler continues to enjoy from...
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Subsea7 awarded contract on Gulf of Mexico project

Subsea7 announced the award of a sizeable contract in the US Gulf of Mexico. The scope of work includes engineering, procurement, construction, and offshore installation of...
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LR and CORE POWER to conduct next-generation nuclear container ship regulatory study

Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would...
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DOF Group announces awarded contract for Skandi Açu with Petrobras

DOF announced a new long-term contract with Petrobras out of the last pipelay support vessel (PLSV) tender and an extension of the current contract...
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Offshore intervention and P&A contract in Brazil awarded to Halliburton

Halliburton announced it has been awarded a contract by Petrobras to provide a full range of services in Brazil for integrated well interventions and...
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GOGL: Renewal of share buy-back program

The Board of Directors of Golden Ocean Group announced the establishment and renewal of a share buy-back program. The Company has repurchased a total...

Stolt-Nielsen posts a third quarter net profit of $99.2 million

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2024. The Company reported a third quarter net...

Trafigura secures USD3.2 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities...

Carnival reports record-setting operating results, outperforms Q3 guidance & raises full year guidance for 3rd time

Carnival Corporation & plc announced financial results for the third quarter 2024 and provided an updated outlook for the full year and an outlook...

Seanergy Mails Letter to Shareholders Highlighting its Commitment to Delivering Value to All Shareholders

Seanergy Maritime Holdings Corp. announced that it has commenced mailing of proxy materials to its shareholders in connection with the Company’s 2024 Annual Meeting...

Baltic Index hits two-week low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

New LNG system opens in Greece aiming to reduce reliance on Russian gas

The new project, funded in part by the European Commission aims to reduce southeastern...

MISC signs shipbuilding contract for two LNG carriers; gets long-term charter with PETRONAS

MISC Bhd and Samsung Heavy Industries signed shipbuilding contracts for the construction of two...

Baltic index falls for third day on weaker rates for all vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

Celestyal announces specialist coffee bar expansion

To mark international coffee day (October 1), Celestyal has announced the expansion of its...

CMA CGM: Notice of force majeure – ILA strike

As of October 1, 2024, the existing contract between the United States Maritime Alliance, and the International Longshoremen's Association is expired, and the ILA members...

US port workers and operators reach deal to end East Coast strike immediately

U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on...

US ports brace for shut down as dockworkers strike

A dockworkers' strike is set to shut down ports across much of the US indefinitely, threatening significant trade and economic disruption ahead of the...

US East Coast port strike set to start Tuesday, says union

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said...

MSC Group establishes a new container terminal at Port of Aarhus

Port of Aarhus has just signed an agreement with the global container shipping company Mediterranean Shipping Company (MSC) for the lease of land at...

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