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ExxonMobil to deliver LNG marine bunkering services

ExxonMobil is entering the LNG marine bunkering market, initially with two LNG bunker vessels, marking an important step in its efforts to help reduce...

Capital Offshore and UOS form ship management JV to create UOS Capital

The Greek shipowner Capital Offshore will acquire 50% of the shares in UOS from Hayfin, creating upon completion of the transaction, the new “UOS...

Noble’s drillships win US Gulf extensions with BP

Noble announced that the drillships Noble BlackLion and Noble BlackHornet have each been awarded two-year contract extensions with bp in the U.S. Gulf. The...

Eni announces Final Investment Decision for Mozambique’s Coral North project

Eni and its partners CNPC, ENH, Kogas, and XRG have reached the Final Investment Decision (FID) to develop the Coral North FLNG project, deepwater...

DOF Group ASA – Project awards in the North America region

DOF Group ASA announced several project awards in the North America region. The awards will utilise vessels already in the region, securing more than...

Solstad Maritime ASA – Contract extension for CSV Normand Ocean

Solstad Maritime ASA announced a 1-year contract extension for the CSV “Normand Ocean” with DeepOcean. The contract commences 1 January 2026, in direct continuation of...

Havila Shipping ASA: Contract extension with Equinor Energy for Havila Troll

Equinor Energy has exercised one year option for Havila Troll, keeping Havila Troll until November 2026. Equinor Energy has 3 additional options, each for one...

KNOT Offshore Partners LP reports strong Q2 2025 results

KNOT Offshore Partners LP reported strong Q2 2025 results. Financial Highlights For the three months ended June 30, 2025 (“Q2 2025”), KNOT Offshore Partners LP...

Cadeler takes delivery of first A-class vessel and enters new strategic chapter in offshore foundations

Cadeler announced the successful delivery of its first A-class vessel, Wind Ally, delivered on budget and ahead of schedule. Wind Ally becomes the ninth vessel...

Marco Polo Marine expands fleet with two AHTS vessels

Marco Polo Marine Limited will add two Anchor Handling Tug Supply (AHTS) vessels valued at $43.7m (US$34m) to its fleet by 2026. The two vessels...

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C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Trafigura secures USD3.4 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura Group Pte Ltd, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility and Term...

Hudson Structured Capital Management announces $719 million closing of Hudson Northern Shipping Fund V LP

Hudson Structured Capital Management Ltd., an investment manager focused on alternative assets across the Transportation and Re/Insurance sectors, announced the final closing of Hudson...

Diversification leads Top Ships to profit increase

Top Ships has earned its first revenues from entering the mega-yacht market. The company, listed on the New York Stock Exchange, announced net profits of...

Global shipping industry reaffirms support for the IMO Net Zero Framework

Leading international maritime associations and organisations reiterate our strong support for adoption by the...

Polys Hajioannou elected new president of Cyprus Shipowners’ Association

The Cyprus Shipowners’ Association (CSA) held its general assembly in Limassol earlier this week,...

BIMCO: Rate increases unlikely but USTR fees could impact 35% of key sectors’ ships

According to BIMCO Chief Shipping Analyst, Niels Rasmussen, when fees from the Office of...

Baltic climbs to one-week high on capesize, panamax strength

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Baltic edges up on stronger capesize and panamax vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

SC Ports appoints Mallace as President and CEO

The South Carolina Port Authority’s Board of Directors announced Micah Mallace as the agency’s next President and CEO. The vote was unanimous. Mallace assumes leadership...

Rotterdam port container traffic disrupted as lashers strike for higher wages

Lashers in Europe's largest sea port Rotterdam went on a 48-hour strike on Wednesday afternoon to demand higher wages, while Flemish harbour pilots protesting...

Port of Long Beach awarded $20 million for Pier Wind

The Port of Long Beach on Wednesday was awarded $20 million by the California Energy Commission to fund the ongoing development of Pier Wind,...

PPA S.A.: Implementation of a New Scholarship Program for the academic year 2025-2026

The Piraeus Port Authority S.A. (PPA) announced the implementation of a new Scholarship Program for the academic year 2025-2026. This is an initiative that...

Ports are key factors in the green and digital transition

In a period of geopolitical turmoil and European changes, the new president of the Hellenic Ports Association (ELIME), Apostolos Kamarinakis, is drawing up a...