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Offshore

Archer limited secures contract worth USD 40 million in Brazil

Archer has been awarded a two-year contract for platform drilling services for Equinor in Brazil. The estimated firm contract value is USD 40 million. The...

Valaris announces multi-year contract award for drillship VALARIS DS-17

Valaris announced that it has been awarded a multi-year contract with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for drillship VALARIS...

VARD signs contract on a CSOV with Rem Offshore

VARD has signed a contract for the design and construction of a state-of-the-art CSOV for Rem Offshore. This is the third CSOV (Commissioning Service Operation...

SBM Offshore and Ocean-Power sign partnership agreement for offshore power generation concept with CO2 capture and storage

SBM Offshore and Ocean-Power announced the signing of a Memorandum of Understanding with the intent to collaborate on a floating power generation hub with...

Boskalis to acquire all remaining shares in Smit Lamnalco

Royal Boskalis B.V. (Boskalis) has signed an agreement to acquire all remaining shares (50%) in Smit Lamnalco. Smit Lamnalco offers terminal services and had an...

DOF Group has entered into an agreement to acquire Maersk Supply Service

DOF Group ASA announced that it has entered into an agreement to acquire Maersk Supply Service A/S (“MSS”) to further enhance its position as...

Transocean announces $188 Million Ultra-Deepwater drillship contract extension

Transocean announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The program is expected to...

Capital Offshore linked to major PSV order

Capital Offshore has reportedly placed an order for four firm diesel-electric, DP2, 94.7-metre-long PSVs, which will be classed by Lloyd’s Register. In addition to the...

Hellenic Cables signs an EPCI contract with Elia Asset NV/SA for HV submarine cables

Cenergy Holdings announces that Hellenic Cables, its cables segment, signed a contract with Elia Asset NV/SA, as a consortium with DEME, for the engineering,...

Subsea7 awarded a contract for the Bittern field in the UK North Sea

Subsea7 announced the award of a sizeable1 contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190km east of Aberdeen...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...