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DeepOcean chosen for FPSO-field recycling project

Global ocean services provider DeepOcean has been engaged to support the subsea decommissioning and disconnection of a FPSO currently located in the UK sector...

Borr Drilling Limited announces first quarter 2026 results

Borr Drilling Limited announces unaudited results for the three months ended March 31, 2026. Highlights First Quarter total operating revenues of $247.0 million, a decrease of...

Wood awarded detailed design scope for Bul Hanine redevelopment

Wood has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to deliver a scope of detailed design for QatarEnergy’s Bul Hanine...

Pelagic and Clear Ocean Review Golden Energy Offshore Stake

Clear Ocean Partners (“COP”) and Pelagic Partners (“Pelagic”), the two largest shareholders of Golden Energy Offshore Services ASA (the “Company”, together with its consolidated...

Boskalis invests in 24,000 ton high-end Cable Lay Vessel to support the energy transition

Royal Boskalis B.V. (Boskalis) is pleased to announce its decision to invest in a state-of-the-art high-capacity Cable Lay Vessel (CLV), further strengthening its position...

North Star secures major tranche of North Sea ERRV contracts

North Star, the UK’s leading fully integrated offshore infrastructure service provider, has secured a significant multi-million-pound pipeline of North Sea emergency response and rescue...

BW Offshore: BW Catcher contract extension

BW Offshore entered into an agreement with the Catcher field partners to amend the contract period for the FPSO BW Catcher. The amendments convert...

DOF Group ASA – Contract award in the APAC region

DOF announced a Substantial* contract award for Subsea Commissioning Support services in the APAC Region. Skandi Inventor will be deployed for the execution of the...

DOF Group ASA – Awarded 12-year charter/services contracts for each of 4 x RSV newbuilds in Brazil

DOF Group ASA announced the award, following a competitive tender process, of 12-year long-term charter/services contracts for ROV Support Vessels in Brazil. The contracts...

Equinor: NOK 17 billion for continued drilling on the Norwegian continental shelf

Equinor is extending key supplier agreements for drilling and well services with a combined value of around NOK 17 billion. The agreements will maintain...

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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...