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Equinor secures $3 bln financing for U.S. Empire Wind 1

Equinor’s Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion. Financial close was reached...

TEMIS supports Saipem’s Neptun Deep Gas Development Project in the Black Sea

TEMIS has been awarded a contract to support Saipem’s Neptun Deep Gas Development Project, located in the Black Sea off the coast of Romania....

Subsea7 awarded contract offshore Türkiye

Subsea7 announced the award of a sizeable1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair and maintenance services for...

Yinson Production secures contract extension for FPSO PTSC Lam Son

Yinson Production announced the extension of the charter contract for FPSO PTSC Lam Son. In continuation of the existing bareboat charter, the contract has...

ADES Holding awarded $276 million jackup rig contract in Thailand

ADES Holding announced that it has received a Letter of Award from PTTEP Energy Development Company Limited for an offshore jack-up drilling contract in...

Seadrill announces sale of jack-up West Prospero

Seadrill Limited announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million. “With the sale of the West Prospero, we...

Seadrill announces Brazil contract award for West Tellus

Seadrill Limited announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore...

NEOS Energy to acquire oil and gas assets in US Gulf of Mexico

INEOS Energy announced the acquisition of the Gulf of Mexico business held by CNOOC Energy Holdings, a U.S. subsidiary of CNOOC International Limited. The deal...

SLB OneSubsea awarded subsea boosting contract by Petrobras for the Búzios field, offshore Brazil

Global energy technology company SLB announced a contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for two subsea raw...

Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms

Brazil's state-run oil company Petrobras (PETR4.SA), opens new tab said on Thursday it has signed a 16.5 billion real ($2.8 billion) deal to build...

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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...