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Offshore

Equinor Awards DeepOcean Subsea Cable Repair Frame Agreement

DeepOcean AS, a subsidiary of DeepOcean Group Holding B.V. (DeepOcean), has been awarded a frame agreement contract by Equinor for provision of contingency equipment...

SBM Offshore completes US$1.6 billion financing of Sepetiba

SBM Offshore announced it has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which is the largest project financing...

BW Offshore announces Barossa FPSO equity joint venture partnership

BW Offshore announced a partnership with international global infrastructure investors for the equity financing of the FPSO for the Barossa gas field offshore Australia...

Petrobras puts Urugua and Tambau oilfields up for sale

Brazil's state-run oil company Petrobras said on Wednesday it has put up for sale its Urugua and Tambau oilfields, both located in the Santos...

Seaway 7 charters Maersk Supply Service cable layer

Maersk Supply Service has secured a contract for its cable-laying vessel Maersk Connector with Seaway 7 in the North Sea. Seaway 7, the renewables business...

BW Offshore completes Barossa FPSO debt financing

BW Offshore announced the completion of the USD 1.150 billion project debt financing for the construction and operation of the FPSO for the Barossa...

Noble Announces Divestment Of Four Jackups In Saudi Arabia

Noble Corporation announced that subsidiaries of the Company have reached a definitive agreement to sell four jackups to ADES International Holding Ltd., through its...

Pemex CEO Says Gas Leak is Likely Cause of Deadly Platform Fire

A deadly weekend fire at on offshore platform in the southern Gulf of Mexico operated by Mexican state oil firm Petroleos Mexicanos (Pemex) could...

DOF Subsea secures further contract awards in APAC region

DOF Subsea announced multiple contract awards in the Asia Pacific region providing significant utilisation for resources and vessels in Q3 and Q4 2021 and...

Five killed in Mexico’s oil platform fire

Five workers were killed and six injured in Sunday’s fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos...

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Capital Clean Energy Carriers announces Q3 Financial Results

Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the third quarter ended September 30, 2024. Key Quarterly Highlights Announced...

QatarEnergy inaugurates four LNG vessels

​QatarEnergy inaugurated four new conventional-size LNG vessels built in the Samsung Heavy Industries Shipyard and the Hanwha Ocean Shipyard in the Republic of Korea...

Okeanis Eco Tankers posts USD 14.6m net income in Q3

Okeanis Eco Tankers reported its unaudited condensed financial results for the third quarter and nine-month period of 2024, which are attached to this press...

TORM reports strong Q3 perfomance

In the third quarter of 2024, TORM's time charter equivalent earnings (TCE) amounted to USD 263.4m (2023, same period: USD 244.4m). TORM realized an...

Performance Shipping reports Q3 net income of $12.4 million

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $12.4 million and net income attributable to...

Baltic Index gains as capesize rates rise

The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains...

MSC cruises from Piraeus to mediterranean destinations in the winter season

· MSC Cruises offering first winter season with MSC Sinfonia departing Piraeus (Athens) weekly...

Baltic index rises as capesize vessel segment posts gain

The Baltic Exchange’s dry bulk sea freight index rose on Wednesday, supported by a...

CLIA names energy and transport leader as director general in Europe

Samuel Maubanc brings deep experience in climate policy and government relations leadership to the...

Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg

The “Hamburg Express” – the eponymous flagship of Hapag-Lloyd’s “Hamburg Express” class – was...

MOL to build logistic center on Kobe’s Port Island

Mitsui O.S.K. Lines announced its decision to construct a logistics center, including two warehouses for dangerous goods and one warehouse for general cargo, on...

Piraeus Port posts record revenue and profits in Q3

PPA announces financial results for the third quarter of 2024, focusing on the financial performance and strategic developments which configures its growth. The Company continues...

CMA CGM and Marsa Maroc join forces to equip and operate container terminal in Morocco

The CMA CGM Group, a global leader in sea, land, air, and logistics solutions, signed with Marsa Maroc, a national leader in port terminal...

COSCO invests in Thailand’s largest port

COSCO SHIPPING Ports Limited announces its acquisition in 12.5% and 30% of the equity stakes in Thai Laemchabang Terminal Co., Ltd. (‘TLT’) and Hutchison...

Container throughput is the strongest climber in the port of Rotterdam in the third quarter of 2024

The throughput in the port of Rotterdam decreased by 0.4% in the first three quarters of this year. The total throughput therefore equalled 328.6...