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Helix announces long-term deal with Shell in Gulf of Mexico

Helix Energy Solutions Group announced a new multi-year contract with Shell Offshore, starting in 2025, to continue providing well intervention services in the U.S....

Saipem awarded two offshore contracts in Saudi Arabia worth approximately 1 billion USD

Saipem has been awarded two offshore contracts in Saudi Arabia under its existing Long-Term Agreement with Saudi Aramco. The overall value of the two...

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake...

Helix Awarded New Long-Term Contracts with Petrobras

Helix Energy Solutions Group announced new three-year vessel charter and service contracts with Petróleo Brasileiro S.A. (“Petrobras”) for the riser-based well intervention vessels Siem...

Østensjø Rederi orders Ocean Energy Support Vessel at Astilleros Gondan

Østensjø Rederi has entered into a shipbuilding contract with the Spanish shipyard, Astilleros Gondan, for the construction of an Ocean Energy Support Vessel (OESV)....

Landmark deal between Wärtsilä and Eidesvik Offshore pioneers growing demand for ammonia in shipping

Technology group Wärtsilä has signed a contract with Norwegian shipowner Eidesvik to supply the equipment for the conversion of an offshore platform supply vessel...

Cadeler Strengthens its Financial Position with the Extension and Increase of its RCF B and Uncommitted Guarantee Lines, and Replacement of its M Class...

Cadeler announced two significant developments in respect of its external debt facilities that, together, underscore the robust support that Cadeler continues to enjoy from...

Subsea7 awarded contract on Gulf of Mexico project

Subsea7 announced the award of a sizeable contract in the US Gulf of Mexico. The scope of work includes engineering, procurement, construction, and offshore installation of...

LR and CORE POWER to conduct next-generation nuclear container ship regulatory study

Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would...

DOF Group announces awarded contract for Skandi Açu with Petrobras

DOF announced a new long-term contract with Petrobras out of the last pipelay support vessel (PLSV) tender and an extension of the current contract...

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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...