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Oceaneering secures Petrobras Contract for ROV Services Offshore Brazil

Oceaneering International, Inc. announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA won a contract from Petróleo Brasileiro S.A. to deliver ROV...

Saipem: contract awarded for the Kutei FPSO project in Indonesia

Saipem, through its subsidiary PT Saipem Indonesia, in joint venture with PT Tripatra Engineers and Constructors, has been awarded a contract for the Engineering,...

DOF Group ASA – Contract award in the APAC region

DOF Group ASA announced a Large* contract award for Subsea Construction and Pre-Commissioning Support services in the APAC region. Skandi Inventor will be deployed for...

Equinor awards contracts for four development projects on the Norwegian continental shelf

On behalf of partners, Equinor has awarded contracts worth around NOK 6 billion for four subsea projects. They are part of the first of...

Equinor acquires bp’s interest in Bay du Nord project

Equinor has reached an agreement with bp to acquire its interest in the Bay du Nord project offshore Canada, increasing Equinor’s ownership to 100%. The...

Sumitomo Corporation: Sale of Offshore wind power projects in Belgium

Sumitomo Corporation has decided to sell its equity stakes in three offshore wind power projects off the coast of Belgium: Northwind (joined in 2013),...

DOF Group ASA – Subsea construction, mooring, disconnection of existing FSO and connection of replacement FSO contract with TotalEnergies

DOF Group ASA announced the award of a Large* subsea construction, mooring, disconnection of an existing FSO and connection of a replacement FSO contract...

Transocean Ltd. announces agreement with Equinor valued at over $1 billion

Transocean Ltd. announced its entry into an agreement with Equinor, conditional to license approvals, for the use of three of its harsh environment semisubmersible...

ONGC and bp sign technical services contract to enhance production from fields in the Western Offshore Basin

After the Technical Services Provider (TSP-1) contract for Mumbai High, ONGC and bp have signed a new Technical Services Contract on 25 June 2026,...

DOF Group ASA – Awarded 3-year contract for Skandi Involver

DOF Group ASA has through its North America subsea region been awarded a Very Large contract for Skandi Involver. Commencement of the contract will...

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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...