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FRO – First quarter 2026 results

Frontline plc reported unaudited results for the three months ended March 31, 2026: Highlights Profit of $559.1 million, or $2.51 per share for the first quarter...

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...

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...

Euroholdings Ltd reports results for the quarter ended March 31, 2026

Euroholdings Ltd, an owner and operator of container carriers and tanker vessels and provider of container and tanker seaborne transportation services, announced its results...

TEN, Ltd. reports profits for first quarter 2026 and declares second semi-annual common share dividend of $1.00 

TEN, Ltd. reported results (unaudited) for the quarter ended March 31, 2026. Q1 2026 SUMMARY RESULTS During the first quarter of 2026, TEN generated gross...

Euroseas posts one of the most profitable quarters of last 15 years

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three-month...

Navios Partners: Q1 net income at $106.3 mln; EBITDA at $212.7 mln

Navios Maritime Partners L.P. reported financial results for the first quarter ended March 31, 2026. Revenue: $357.0 million for Q1 2026 Net income: $106.3 million for Q1 2026 Earnings...

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DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...