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Seadrill announces West Polaris contract extension in Brazil

Seadrill Limited announced the ultra-deepwater drillship, West Polaris, was awarded a 1,095-day contract extension with Petrobras for the Búzios field in the Santos Basin, offshore Brazil. The...

Transocean Ltd. announces contract awards totaling $1.0 billion and retirement of senior secured notes

Transocean Ltd. announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for two ultra-deepwater drillships in Brazil. In...

Subsea7 awarded contract offshore Equatorial Guinea

Subsea7 announced the award of a substantial1 contract by Noble Energy EG Ltd (a Chevron Company) for the subsea installation scope on the Aseng...

Fugro to conduct geotechnical campaign for South America’s first licensed offshore wind project

Petrobras has selected Fugro to deliver a geotechnical site investigation for the Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development...

Cadeler announces planned investments in exceptional growth opportunities, balanced with dividend potential from strong cash flows

Cadeler announced the completion of a private placement raising approximately EUR 175 million, at a price above the Company’s 5-day VWAP, to fund initial...

Brazilian driller wins new $465 million rig contract with Petrobras

Brazilian drilling contractor Foresea has secured a new charter agreement with state-controlled oil company Petrobras for one of its drillships to operate in the...

DOF Group ASA – Awarded cable replacement contract by Statnett

DOF Group ASA announce that it has been awarded a Substantial* contract by Statnett, Norway’s transmission system operator, for the replacement of high-voltage subsea...

Seaway7 appoints Lloyd Duthie as Chief Executive Officer

Seaway7 has appointed Lloyd Duthie as Chief Executive Officer, effective 1 April 2026. Lloyd succeeds Stuart Fitzgerald, who will take up the role of...

Seadrill announces appointment of Samir Ali as CEO

Seadrill Limited announced a leadership change, effective immediately. Samir Ali, Executive Vice President, Chief Commercial Officer, has been appointed President and Chief Executive Officer,...

Energean: Strategic entry offshore Angola via acquisition of Chevron’s interest in two blocks

Energean announced on Thursday it would acquire Chevron’s two offshore Angola oil blocks for a base consideration of 260 million dollars. More specifically, the company...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...