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Shelf Drilling announces new contracts in West Africa

Shelf Drilling announced new contracts for two jack-up rigs in Nigeria. With reference to the press release dated September 6, 2024 regarding the award...

VARD secures contract with Navigare Capital Partners for new CSOV

VARD signed new contract with Navigare Capital Partners, in close collaboration with Norwind Offshore, for the design and construction of a tailor-made Commissioning Service...

Equinor acquires a 9.8% minority stake in Ørsted

Equinor ASA has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor...

Provaris and Yinson join forces to innovate on CO₂ storage and marine transport solutions

Provaris Energy and Yinson Production Offshore announced a binding Joint Development Agreement for the development of storage tank solutions for the bulk storage and marine transportation of...

ABS and Hanwha Offshore sign multi-year agreement

ABS and Hanwha Ocean agreed to explore cutting-edge technology projects together with the signing of an Offshore Technology Collaboration Agreement at Gastech 2024. The agreement...

Macquarie to purchase the ownership of ZITON

Macquarie Asset Management has entered into an agreement to purchase 100% ownership of ZITON. Macquarie is the world’s largest investor in infrastructure like EV charging...

Petrofac announces in-principle agreement on financial restructure

Petrofac announced that it has reached in-principle agreement with certain of its key stakeholders on the framework for a comprehensive financial restructure to...

N-O-S orders of new hybrid E-Class vessels

Northern Offshore Services (N-O-S) announces the order of new E-Class vessels, marking a significant expansion of the fleet. The order continues the successful new-build...

Saipem awarded a new offshore contract in Saudi Arabia worth approximately 2 billion USD

Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field...

Saipem awarded an offshore EPC contract in Qatar worth 4 approximately billion USD

Saipem has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...