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Transocean announces contract award and extension totaling $168 million

Transocean announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168 million of firm...

Borr Drilling Limited – Contracting Updates

Borr Drilling Limited announced new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with...

Gulf Marine Services announces two-year contract extension for one of its Mid‐size vessels currently operating in the GCC region

Gulf Marine Services (GMS), a leading provider of self‐propelled, self‐elevating support vessels to the offshore energy industry, announced a two‐year contract extension (comprising one...

Subsea7 awarded contract offshore US

Subsea7 today announced the award of a sizeable1 contract by LLOG Exploration Offshore L.L.C., for the Buckskin South Expansion project. The Buckskin field is...

DOF Group ASA – Two contract awards in the APAC region

DOF Group ASA announced the award of two contracts in the APAC region. ‍The first is for a three-year frame agreement for the provision of...

DOF Group ASA: Project awards in the Atlantic region and contract award in the North America region

DOF Group ASA announced the award of several new contracts in the Atlantic region. ‍The contracts will be executed primarily using DOF’s regional fleet during...

Saipem awarded an offshore EPCI contract in Qatar worth approximately 3,1 billion USD

Saipem, in partnership with Offshore Oil Engineering Co. Ltd. (COOEC), has been awarded an offshore EPCI contract by QatarEnergy LNG for the COMP5 package...

Resolution of dispute with Maersk’s Affiliate, Phoenix II A/S

Seatrium Limited refers to its announcements dated (a) 10 October 2025, regarding the notice of termination dated 9 October 2025 received by Seatrium Energy...

Subsea7 confirms award offshore Norway

Subsea7 announced the award of a sizeable1 contract for pre-commitment to procure long lead items for a project in the Norwegian North Sea. Pre-execution project management...

IWS Fleet extends a strategic agreement and strengthens the backlog

Integrated Wind Solutions ASA announced that its subsidiary, IWS Fleet has agreed to a two-year extension of a current strategic agreement for the European...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...