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Keppel secures control of legacy rigs to accelerate asset monetisation plans

Keppel, on the back of improving conditions in the offshore rig market, will secure control over the 13 legacy rigs held by Rigco Holding...
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Petrobras outlines $111 billion, five-year spending proposal

Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan. The Brazilian...
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NOL signs strategic alliance agreement with Springfield

Northern Ocean announced a contract award for Deepsea Bollsta from Equinor Energy AS, a subsidiary of Equinor ASA, for work in Norway. The contract...
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DNV, Seatrium to collaborate in marine & offshore industries

DNV has signed a Memorandum of Understanding with Seatrium, a leading engineering solutions provider to the offshore and marine industries, to cooperate on strategic...
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Bourbon Logistics wins new integrated logistics contract in Namibia

BOURBON announces that it has been awarded a new fully integrated logistics contract by an Oil & Gas major operator to support its exploration...
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Bumi Armada, MISC sign MoU to explore offshore business merger

Bumi Armada Bhd has signed a non-binding memorandum of understanding with MISC Bhd to explore the possibility of merging with the latter’s offshore business...
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McDermott awarded Harriet Alpha decommissioning contract by Santos

McDermott has been awarded a large* engineering, procurement, removal and disposal (EPRD) contract by Santos for the decommissioning of the Harriet Alpha platform and...
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DeepOcean and Exceed partner for vessel-based P&A

Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment...
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DFO announces a long-term SOV contract with Vestas

Dong Fang Offshore announced the award by Vestas of a newbuild SOV supporting the operations & maintenance phase for the Changfang Xidao and Zhong...
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Cadeler signs firm contracts with ScottishPower Renewables

Cadeler A/S announced the signing of firm contracts for the transportation and installation of 64 x 15MW offshore wind turbine generators as well as...
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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...

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