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Saipem Weighs Capital Increase After Profit Warning

Saipem SpA is evaluating a capital increase after issuing a profit warning and saying it will talk to its creditors, people familiar with the...

Subsea 7 awarded project offshore US Gulf of Mexico

Subsea 7 announced the award of a substantial1 project for subsea installation services related to Beacon Offshore Energy LLC’s Shenandoah Development, located offshore Gulf...

Seadrill New Finance Emerges from Chapter 11

Seadrill Limited unit Seadrill New Finance (the Issuer) has emerged from chapter 11 after successfully completing its pre-packaged restructuring pursuant to its chapter 11...

DOF Subsea wins work for CSV pair

DOF Subsea is pleased to inform that a key Renewables Client has awarded an extension to an ongoing subsea Construction contract in the North...

Daewoo Shipbuilding wins 650 bln won offshore facility order

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday that it has bagged a 650 billion won (US$544 million) deal to supply an offshore...

FOWIC: 3 new contracts and reservation agreements

Fred. Olsen Windcarrier (FOWIC) has recently executed three new contracts and reservation agreements with a combined revenue of up to EUR 80m. The contracts...

Valaris Announces Jackup Contract Awards

Valaris announced that it has been awarded new bareboat charter agreements with ARO Drilling for several jackups. ARO Drilling has signed contracts with Aramco...

Havila Shipping: Contract with Amilcar for PSV Havila Borg

Havila Shipping has entered into contract with Amilcar Petroleum Operations for the PSV Havila Borg. The contract is for a firm period estimated to...

Contract for CSV Normand Maximus

Solstad Offshore ASA has entered into a contract with a major energy company for the CSV Normand Maximus. The contract has immediate commencement and will...

Havila Shipping awarded new PSV charter by TotalEnergies

Havila Shipping ASA has entered into a new contract with TotelEnergies EP Denmark A/S the PSV vessel Havila Fanø. The contract is for a firm...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...