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Saturday, February 15, 2025
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Offshore

Penta-Ocean to build world’s largest and most advanced CLV

Penta-Ocean Construction and Fuyo General Lease announced that they will jointly own two large work vessels for use in offshore wind construction: a heavy...

EDT Offshore and Synergy Marine Group announce Joint Venture: EDT Synergy Shipmanagement

EDT Offshore, a leading provider of integrated marine and subsea services, and Synergy Marine Group, a global ship management company, announced the formation of...

Havfram clinches contract for offshore wind project

Oslo-based Havfram has signed a contract to construct an offshore wind project in Europe. The project will be executed in 2029, utilizing one of Havfram’s...

Solstad announces multiple contract awards

Solstad Offshore ASA announced multiple contract awards with undisclosed clients for “Normand Jarstein”, “Normand Australis” and “Normand Scorpion”. CSV “Normand Jarstein” has been awarded a...

Aker Solutions signs long-term strategic partnership with Vår Energi

Aker Solutions enters a strategic partnership agreement to deliver maintenance and modification services on Vår Energi operated assets and projects on the Norwegian Continental...

Wood wins significant new maintenance contract with Esso Australia

John Wood Group PLC (‘Wood’) has been awarded a significant new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland...

NYK establishes Ship-Management Company for Offshore Wind Power Projects in Akita Prefecture

In December 2024, NYK jointly established Japan Offshore Support together with Akita Eisen KK. to provide ship maintenance and management services for offshore wind...

Van Oord awarded T&I contract for Fengmiao 1 OWF in Taiwan

Van Oord has received another offshore wind contract in Taiwan. This time, the company will be performing inter array cable installation work for the...

Vattenfall signs contract for wind farm service vessels

Vattenfall has signed a contract with French ship owner Louis Dreyfus Armateurs for up to three large Service Operation Vessels to be used at...

Solstad secures contract for CSV Normand Frontier

Solstad Offshore announced a three-year contract award with an international contractor for the CSV Normand Frontier. The firm contract has an immediate startup and will...

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Ardmore Shipping announces financial results for the three and twelve months ended December 31

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2024. Highlights and Recent Activity Reported Adjusted earnings of $10.3 million for...

Navios Partners posts $1.33 billion revenues in 2024

Navios Maritime Partners L.P, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the fourth quarter and...

Scorpio Tankers announces financial results for the fourth quarter of 2024 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2024....

Wallenius Wilhelmsen closes record-year with another solid quarter

The financial result for the full year of 2024 is another record-breaking result for Wallenius Wilhelmsen as it exceeds the 2023 results. Adjusted EBITDA for...

HMM sees 2024 earnings & profits rise

HMM reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and net profit of KRW 3,781 billion...

Baltic index snaps 3-day losing streak as supramax rates climb

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index declines for third day as capesize plunges to 2-year lowBaltic

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index slips on lower capesize, panamax rates

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

Suspected Somali pirates seize boat off Horn of Africa

Suspected Somali pirates have seized a Yemeni fishing boat off the Horn of Africa,...

MPC Capital expands maritime services business with energy efficiency and performance management solutions

The investment and asset manager MPC Capital has acquired a 50% stake in the...

Thessaloniki Port targets immediate launch of 6th pier project

The procedures for implementing the investment in the 6th pier of the port of Thessaloniki will begin immediately, according to the administration of the...

Port of Long Beach sees a strong start for 2025

The Port of Long Beach started the new year with its strongest January on record and its second-busiest month ever, largely driven by retailers...

An increasing number of cruise lines choose Piraeus as their homeport

More and more cruise lines are choosing the port of Piraeus as their starting point and homeporting point for their voyages. The benefits of homeporting...

Zululand Energy Terminal signs agreement to operate South Africa’s first LNG Terminal

Zululand Energy Terminal, a joint venture between Vopak Terminal Durban and Transnet Pipelines (TPL), has officially signed the Terminal Operator Agreement (TOA) with Transnet...

Thessaloniki port’s Master Plan gets the green light

The long-awaited presidential decree approving the Master Plan for the port of Thessaloniki was published in the Official Gazette, opening the way for the...