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Subsea 7 Charters Otto Candies, Bordelon Marine Vessels for GOM Ops

Subsea 7 has entered into four long-term charter agreements with Otto Candies and Bordelon Marine for the deployment of Jones Act-compliant vessels in the...
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BOURBON creates offshore wind division

After more than 10 years of installation of the main floating wind farm prototypes in Europe, BOURBON announces the setup of a new division...
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Siem Offshore Enters into New 3-Year Contract for OSCV Siem Stingray

Siem Offshore has entered into a new three-year contract for the OSCV Siem Stingray with Subsea7 as charterer. The contract will commence in direct continuation...
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Keppel O&M secures repeat newbuild FPSO contract worth US$2.8b from Petrobras

Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has won a tender from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras),...
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Maersk Drilling secures four-well contract offshore Denmark

Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the harsh-environment jack-up rig Maersk Resolve to drill two...
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Havila Shipping sells construction vessel

Havila Sihipping has, according to instructions from the lenders financing Havila Phoenix, entered into an agreement to sell the ship based on principles laid...
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Seadrill announces sale of seven jack-ups

Seadrill announced that it has entered into a binding Share Purchase Agreement with subsidiaries of ADES Arabia Holding Ltd. to sell the legal entities...
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Boskalis: Increased Takeover Offer from HAL

This joint press release by Koninklijke Boskalis Westminster N.V (‘‘Boskalis’’) and HAL Holding N.V. (“HAL Holding”) is issued pursuant to the provisions of article...
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PGS Signs Multi-Year Agreement with Shell

PGS and Shell have entered into a multi-year agreement for access to a significant part of PGS’ MultiClient Data Library. Over the last two years,...
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DOF: Extension & award of multiple contracts with Petrobras

DOF announced that Petrobras has extended the contracts and awarded new long-term charter and service contracts to Norskan Offshore Ltda. and DOF Subsea Brasil...
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TechnipFMC announces first quarter 2025 results

TechnipFMC reported first-quarter 2025 results. Summary Financial Results from Continuing Operations Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.  Three Months EndedChange(In...

Excelerate Energy announces pricing of $800 million upsized offering of 8.000% senior notes due 2030

Excelerate Energy announced that Excelerate Energy Limited Partnership, a subsidiary of Excelerate, has priced its offering of $800 million in aggregate principal amount of...

CMB.TECH buys Hemen stake in Golden Ocean

CMB.TECH NV announced that it has entered into a share purchase agreement with Hemen Holding Limited, for the acquisition of 81,363,730 shares in Golden...

Lindsell Train buys stake in Clarksons

Clarkson PLC, a UK-based company, has announced a change in its major holdings. Lindsell Train Limited, based in London, has acquired or disposed of...

Excelerate Energy announces proposed offering of $700 million of senior notes due 2030

Excelerate Energy announced that Excelerate Energy Limited Partnership, a subsidiary of Excelerate, has commenced an offering of $700 million in aggregate principal amount of...

Celebrate the start of summer 2025 with six MSC cruise ships sailing across Greece...

· MSC Cruises strengthens its presence in Greece this summer with six ships calling...

MASH Makes powers first vessel trial with biofuel from a carbon-negative process

Global shipping company DS NORDEN and renewable energy company MASH Makes have successfully completed...

S&P Global agrees to acquire ORBCOMM’s Automatic Identification System business

S&P Global announced an agreement to acquire the Automatic Identification System data services business...

Samsung awarded compensation in case against ZIM

Zim Integrated Shipping Services has been ordered to pay Samsung Electronics $3.7 million in...

Baltic Index rises to over two-week high as all vessels post gains

The Baltic Exchange’s dry bulk sea freight index extended gains on Thursday, reaching a...

Singapore’s PSA weighs selling minority stake in CK Hutchison’s Ports Business

Singapore’s PSA International is exploring the sale of its 20% stake in CK Hutchison‘s ports business, two people with knowledge of the matter said,...

Port of Antwerp vigilant over US tariffs impact

In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period...

Stolthaven Terminals partners with Rönesans Holding on a landmark terminal in Türkiye

Stolthaven Terminals partnered with Rönesans Holding on the development of a new terminal, located in Ceyhan, Adana, Türkiye. The facility is part of a large-scale...

APSEZ acquires 50 MTPA capacity NQXT Australia, accelerating path to 1 billion tonnes p.a. by 2030

The Board of Directors of Adani Ports and Special Economic Zone, India’s largest integrated Transport Utility company has approved the acquisition of Abbot Point...

Piraeus to be reinforced with additional Port Guard officers

Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, asked for the reinforcement of the port of Piraeus with 50 additional Port Guard officers,...

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