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ZITON adds another jack-up vessel to the fleet

ZITON added another jack-up vessel, WIND DISCOVERY, to the fleet, which has been registered in the Danish International Register of Shipping. The fleet of...

Vard explores advanced nuclear propulsion in shipping

VARD is collaborating with the Norwegian University of Science and Technology in Ålesund, Norway and other key stakeholders in the groundbreaking NuProShip I project,...

Boskalis announces new 45,500 MT subsea rock installation vessel

Royal Boskalis announced the latest addition to its versatile fleet: a groundbreaking subsea rock installation (SRI) vessel with a cargo capacity of 45,500 metric...

Vantage Drilling announces creation of TotalEnergies and Vantage JV entity

Vantage Drilling International announced the creation of the JV entity with TotalEnergies, TEVA Ship Charter LLC in line with the MOU terms described in...

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...

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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...