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Vår Energi ASA submits plan for development and operations for the Gjøa Subsea Projects

Vår Energi ASA has taken final investment decision (FID) on the Gjøa Subsea Projects in the North Sea. Together with its partners, the Company...

Solstad Offshore ASA signs newbuild contract with CIMC Raffles

The shipbuilding contract for our recently announced newbuild vessel has now been officially signed. CIMC Raffles has been selected as the shipyard and the vessel...

DeepOcean awarded Foinaven contract

Global ocean services provider DeepOcean has entered into an agreement to support bp in the decommissioning and recycling of subsea equipment at the operator’s...

Chevron: Expanded exploratory footing in Greece under consideration

The official entry of Chevron into Block 10 in the southern Ionian Sea has brought back into focus the possibility of a second exploratory...

Transocean Ltd. announces contract awards totaling $185 million

Transocean Ltd. announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $185 million in firm contract backlog. The...

Shearwater Geoservices AS – Agreement on capital structure amendments strengthening free liquidity and financial position

Shearwater Geoservices AS announced an agreement with lenders and key stakeholders on amendments to the capital structure, improving the Group’s free liquidity and strengthening...

BOURBON announces the appointment of Olivier Blaringhem as CEO

BOURBON announced the appointment of Olivier Blaringhem, as Chief Executive Officer, effective September 14, 2026. He is succeeding Gaël Bodénès, who held this position...

Hydrocarbons: New step for exploration in Greece – Chevron enters Block 10

A new chapter is opening for hydrocarbon exploration in Greece with Chevron’s entry into the “Area 10” concession, offshore the Kyparissiakos Gulf in the...

Subsea7 awarded contract offshore Norway

Subsea7 announced the award of a substantial¹ contract by Vår Energi for the Goliat Gas Export Project, located in the Barents Sea, offshore Norway. The...

Reach Subsea signs 2+1-year contract

Reach Subsea ASA has signed a 2 + 1‑year contract covering IMR and Light Construction services offshore at the Black Sea, following the previously...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...