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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...

Seadrill announces Brazil contract award for West Tellus

Seadrill Limited announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore...

NEOS Energy to acquire oil and gas assets in US Gulf of Mexico

INEOS Energy announced the acquisition of the Gulf of Mexico business held by CNOOC Energy Holdings, a U.S. subsidiary of CNOOC International Limited. The deal...

SLB OneSubsea awarded subsea boosting contract by Petrobras for the Búzios field, offshore Brazil

Global energy technology company SLB announced a contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for two subsea raw...

Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms

Brazil's state-run oil company Petrobras (PETR4.SA), opens new tab said on Thursday it has signed a 16.5 billion real ($2.8 billion) deal to build...

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MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...