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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...

Celestyal wins Gold Award at the ESG Shipping Awards International for its pioneering application of marine biofuels in Greece

Celestyal, through Optimum Ship Management, was distinguished in the Industry Partnership Leader Award category, with Celestyal Discovery as the reference point - the first...

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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...

DP World launches express ocean freight services ahead of peak shipping season

DP World has launched two new Express Less-than-Container Load (LCL) ocean freight services to...

Vessels crossing Strait of Hormuz drop to 5 per day

The number of visible commodity vessels transiting the Strait of Hormuz dropped to five...

Panama Canal introduces temporary booking system adjustments to increase flexibility and equitable slot access

The Panama Canal announced temporary modifications to its Transit Reservation (Booking) System for Neopanamax...

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...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

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...