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Transocean announces $232 million ultra-deepwater drillship contract

Transocean announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is expected...

Seadrill eyes growth via acquisitions

Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company’s CEO said on...

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...

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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...