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Transocean Ltd. announces contract awards totaling $1.0 billion and retirement of senior secured notes

Transocean Ltd. announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for two ultra-deepwater drillships in Brazil. In...

Scorpio Tankers Inc. announces strategic collaboration with Ampera, Inc. to develop & commercialize micronuclear solutions for global marine and shipping markets

Scorpio Tankers Inc. announced that it has entered into a strategic collaboration with AMPERA, Inc. to jointly develop and commercialize advanced micronuclear power solutions...

Zhonggu Logistics orders 10 feeder container ships

Zhonggu Logistics has issued an announcement titled “Announcement on the Investment in the Construction of 10 1,800 TEU Container Ships,” stating that Zhonggu Logistics...

Maritime AI developments to be showcased at Posidonia 2026

Posidonia Survey Shows Shipping Weighs AI Acceleration Against Maritime Pragmatism All newly available maritime Artificial Intelligence (AI) services and products will be presented at Posidonia,...

US LNG exports break record high as Middle East War disrupts global supply

U.S. exports of liquefied natural gas rose to an all?time high in March as plants ran above nameplate capacity and new units started up,...

Bahrain’s Hormuz resolution runs into fresh obstacles at UN

Bahrain's effort to secure a U.N. resolution to ​authorise "all necessary means" to protect commercial shipping in and around the Strait of Hormuz ran...

Wilhelmsen Ship management and MPC Capital launch vessel IT joint venture

MPC Capital and Wilhelmsen Ship Management have combined to launch a joint venture called Waterway IT, an independent provider of onboard Information Technology (IT)...

Subsea7 awarded contract offshore Equatorial Guinea

Subsea7 announced the award of a substantial1 contract by Noble Energy EG Ltd (a Chevron Company) for the subsea installation scope on the Aseng...

BlackRock buys 5% stakes of Samsung Heavy Industries

Global asset manager BlackRock has become a major shareholder in Samsung Heavy Industries by raising its stake above 5%. Although it stated the purchase...

ST Engineering secures ADSB sub-contract for Kuwait’s new missile gun boat fleet

ST Engineering’s Marine business has secured a six-year sub-contract valued at about S$600 million from Abu Dhabi Ship Building (ADSB) to design and supply...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

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...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025,...

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,...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

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,...