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Subsea 7 awarded contract offshore West Africa

Subsea 7 announced the award of a substantial contract for the engineering, procurement, installation, and commissioning of flowlines and umbilicals, offshore West Africa. Project management...

Havila announces sale of PSV vessels

Havila Shipping has entered into agreements with buyer for sale of the PSV vessels Havila Aurora and Havila Fortune. The sale of the vessels is...

BW Offshore: Statement regarding ship-recycling reports

BW Offshore made the following statement in relation to recent reports regarding an accident on the Priya Blue shipyard in India: The Company can confirm...

Solstad: Multiple PSV and AHTS contracts

Solstad announced awards of contracts involving the PSV’s Normand Tantalus, Normand Serenade, Normand Springer and Normand Arctic. The contracts have a combined firm duration...

Reach Subsea orders unmanned offshore vessels

Reach, a provider of subsea services globally, has signed a landmark contract with Kongsberg Maritime AS, part of the Kongsberg Group, for the construction...

Prosafe wins Petrobras contract for accommodation vessel

Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the...

Maersk Drilling secures multiple contracts with Shell

Maersk Drilling said it has been awarded a one-year multi-country commitment from Shell for one of its drillships. The work covers contracts with Shell...

ConocoPhillips Extends Solstad PSV Trio

Three Solstad Offshore platform supply vessels (PSV) have secured new contracts with energy company ConocoPhillips Skandinavia, the Norwegian offshore vessels owner announced on Thursday. Normand...

Maersk Supply Service to construct pioneering WTIV for Equinor and bp

Since 2019, Maersk Supply Service has been developing an innovative concept for the installation of offshore wind turbines, using a new design for a...

Sembcorp Marine Wins Landmark Wind Turbine Installation Vessel Project

Sembcorp Marine, through its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte Ltd, has secured a contract for the construction of a Wind Turbine...

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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...