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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...

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...

HD Korea Shipbuilding & Offshore Engineering Prices $1.55 billion exchangeable bond on strong global demand

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has successfully priced a large-scale overseas exchangeable bond (EB), attracting strong demand from global investors and...

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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...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Aegean Shipping: Strategic partnership with Danaos Consultants

Aegean Shipping Management, in collaboration with Danaos Management Consultants, is developing digital technology by...

ZIM announces CEO departure

ZIM Integrated Shipping Services Ltd. (the “Company”) announced earlier today that Mr. Eli Glickman,...

Seaspan Marine streamlines business with sale of chip and hog fuel barge division to...

Seaspan Marine announced an agreement with Hodder Tugboat Co. Ltd. to sell its legacy...

Princess Cruises announces voyager class order

Princess Cruises, a leading global cruise line of Carnival Corporation & plc, the world's...

Hormuz crisis at crossroads as U.S.–Iran talks set to restart

Talks to end the Iran war could resume in Pakistan over the next two...

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...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...