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DOF Group ASA – Two subsea service contract awards in the APAC region

DOF Group ASA announced two subsea contract awards for offshore execution in 2025 in the APAC region.The first of the recent subsea service contracts...

Cadeler locks in first contracts for newbuild vessel Wind Mover

Cadeler has signed two contracts with undisclosed clients for the utilisation of its newbuild wind installation vessel, Wind Mover, starting immediately upon delivery. Cadeler signed...

DEME secures contracts for Nordlicht 1 and 2 offshore wind farms in Germany

DEME has been awarded two contracts 1 for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms...

Rasmus Errboe is appointed CEO of Ørsted replacing Mads Nipper who steps down as CEO

Ørsted’s Board of Directors has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company...

DeepOcean awarded offshore wind survey contract

Ocean services provider DeepOcean has been awarded a subsea survey contract on the Bałtyk 2 and 3 offshore wind developments in Poland which are...

Stena Drilling wins drillship contract in Suriname

Stena Drilling announced the award of a 1- Exploration Well Firm Managed Pressure Drilling contract for the Stena DrillMAX in Suriname with TOTALENERGIES EP SURINAME...

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...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...