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McDermott selected by Shell for enterprise framework agreement

McDermott has been selected by Shell Global Solutions International B.V. for an Enterprise Framework Agreement for engineering and procurement services and integrated project management...

Northern Offshore Services expands fleet with Service Operation Vessel

Northern Offshore Services enters a new segment by acquiring Mistral Enabler, a Service Operation Vessel  from Edda Wind. The vessel will be renamed Northern...

Contract award for Normand Subsea

Solstad Offshore ASA announced a contract award with Subsea7 for the subsea construction vessel “Normand Subsea”. The duration of the contract is 2-year firm and...

Woodside and China resources agree long-term LNG supply

Woodside has signed a long-term sale and purchase agreement with China Resources Gas International Limited for the supply of liquefied natural gas to China. The...

Sale of FPSO BW Pioneer with five-year O&M contract with the buyer

BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil...

Havila Shipping ASA signs contract with Peterson Den Helder BV for PSV Havila Borg

Havila Shipping ASA has signed a contract with Peterson Den Helder BV for the PSV Havila Borg on market terms. The contract is planned to...

Keppel’s flagship infrastructure fund leads acquisition of subsea cable specialist Global Marine Group

Keppel announced that Keppel Infrastructure Fund and its co-investor have acquired a 100% stake in Global Marine Group from investment affiliates of J.F. Lehman...

Equinor makes significant gas discovery in the Norwegian Sea

Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the “Mistral Sør” exploration well in the Halten area, situated...

Sale of “Skandi Peregrino” by DDW Offshore

Akastor ASA's subsidiary DDW Offshore AS has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million,...

SAPURA ENERGY BERHAD secures RM3.2 billion in new contracts for tender assist drilling rig services

SAPURA ENERGY BERHAD announced that its drilling arm have secured multiple contracts with a combined value of approximately RM3.2B. Sapura Drilling won two (2) contracts...

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Costamare reports results for the first quarter ended march 31, 2026

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

NORDEN raises full-year guidance

On the back of additional vessel sales and a stronger tanker market, NORDEN upgrades the 2026 full-year net profit guidance to USD 70 –...

Wärtsilä’s Interim Report January–March 2026

Wärtsilä’s announced its interim report for the period January–March 2026. January–March 2026 highlights Total order intake increased by 10% to EUR 2,099 million (1,902), while the...

KCC: Solid start to the year; even stronger Q2 outlook

Klaveness Combination Carriers ASA reported EBITDA of USD 29.3 million and Profit after tax of USD 15.6 million for the first quarter of 2026,...

Noble Corporation announces first quarter 2026 results

Noble Corporation plc reported first quarter 2026 results. Three Months Ended(in millions, except per share amounts)March 31, 2026March 31, 2025December 31, 2025Total Revenue$                786$                874$                764Contract Drilling Services Revenue743832705Net...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

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...

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...