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BOURBON strengthens its fleet: 13 new vessels worth over $180 million, with 10 vessels already under contract

BOURBON announces a major strengthening of its fleet with the addition of 13 new offshore support vessels since the beginning of 2026, representing a...

LD Armateurs unit acquires DP2 MPSV Siddis Mariner

The acquisition is described as a key step in the company’s evolution toward offering turnkey solutions, combining vessel, subsea equipment and operational expertise. This acquisition...

Astro Offshore strengthens subsea operations and capability with new ultra-deepwater vessel, Astro Atlas

Astro Offshore strengthened its offshore subsea capabilities with the addition of Energy Savanah (soon to be renamed Astro Atlas), marking a significant step forward...

Transocean announces $158 million award for Ultra-Deepwater Drillship

Transocean Ltd. announced that the Deepwater Asgard was awarded a five-well contract in the Eastern Mediterranean Sea with an undisclosed operator. The estimated 390-day...

Greece moves closer to offshore gas drilling after consortium agreement

Greece advanced plans for its first offshore exploratory gas drilling in nearly 40 years on Wednesday, after officials and energy executives signed a drilling...

Transocean announces $425 million additional backlog for ultra-deepwater drillship

Transocean Ltd. announced that the Deepwater Corcovado was awarded a 1,156-day contract extension with Petrobras in direct continuation of its current activity. The extension is...

Dolphin Drilling: Signs letter of intent for Borgland Dolphin

Dolphin Drilling AS announced that an undisclosed party has signed a letter of intent for a contract for the rig Borgland Dolphin. The potential...

Petra Energy unit secures work orders from PETRONAS Carigali valued at combined RM298mil

Petra Energy Bhd's subsidiary Petra Resources Sdn Bhd has received four work orders totalling RM298mil from PETRONAS Carigali Sdn Bhd for the provision of...

Valaris announces multi-year contract award for drillship VALARIS DS-4

Valaris Limited announced that it has been awarded a 1,064-day contract extension with Petrobras offshore Brazil for drillship VALARIS DS-4. The extension is expected...

Seadrill announces West Polaris contract extension in Brazil

Seadrill Limited announced the ultra-deepwater drillship, West Polaris, was awarded a 1,095-day contract extension with Petrobras for the Búzios field in the Santos Basin, offshore Brazil. The...

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Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Navios Maritime Partners highlights strong bond market performance

Navios Maritime Partners, controlled by shipowner Angeliki Frangou, took part in Pareto Securities’ Greek Shipping Capital Markets Seminar, outlining its views on shipping, capital...

Maerks released its Interim Report for the 1st Quarter 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

NAPA and Samsung Heavy Industries partner to advance fuel-efficient ship design and operations

NAPA, the global provider of maritime software and data services, has signed a Memorandum...

Hormuz traffic climbs as supertankers sail into Persian Gulf

Traffic through the Strait of Hormuz picked up for the first time since Iran’s...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...