The acquisition is described as a key step in the company’s evolution toward offering turnkey solutions, combining vessel, subsea equipment and operational expertise.
This acquisition...
Fincantieri, through its U.S. subsidiary Fincantieri Marine Group (FMG), will build Spectre, a new class of high-speed, multi-mission unmanned surface vessel (USV), developed by...
Scorpio Tankers Inc. announced that it has entered into agreements to sell six vessels comprising three 2014 built LR2 product tankers, STI Park, STI...
Celestyal has confirmed the successful and safe transit of both its vessels, Celestyal Discovery and Celestyal Journey, through the Strait of Hormuz, marking a...
International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking Iraq’s Basra oil fields and Turkey’s Mediterranean oil terminal in...
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...
Astro Offshore strengthened its offshore subsea capabilities with the addition of Energy Savanah (soon to be renamed Astro Atlas), marking a significant step forward...
Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...
The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...
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. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...
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...