OOCL, owned by China’s COSCO, posted its interims yesterday in which it noted in a release that the potential extra port charges levied by the US on Chinese carriers will have a “relatively ...

Maersk’s port operating arm, APM Terminals, has signed a memorandum of understanding with India’s Andhra Pradesh Maritime Board to invest 9,000 crore (around $1.1bn) in the development of ...

Japanese offshore contractor Eneos Drilling has won a second jackup contract in two days with Murphy Oil. The company said that it agreed to provide jackup drilling services to subsidiaries of ...

Oslo-listed jackup rig player Shelf Drilling has won a one-year contract extension for one of its rigs. Cabinda Gulf Oil Company, a Chevron subsidiary, extended the contract for the 2007-built ...

Houston-based offshore energy services company Helix Energy Solutions has been awarded a multi-year contract for production enhancement and well abandonment services in the US Gulf of Mexico.

Greece’s Navios Maritime Partners has confirmed the acquisition of two scrubber-fitted aframax/LR2 tanker resales, lifting its orderbook in the segment to 12 vessels. The Angeliki Frangou-led ...

Nigerian tanker buyers have stepped up their activity this summer, snapping up three ships from June onwards — more than doubling their deal count for the year, according to data from ...

A relatively new entrant to container shipping is scaling back. CStar Line, founded two years ago in Dubai, has focused on servicing Russian, Asian and Turkish ports.

French liner giant CMA CGM is making a strategic minority investment in US-based Vanguard Renewables through its energy fund PULSE, securing long-term access to volumes of renewable natural gas ...

Japanese offshore contractor Eneos Drilling has won work for one of its jackup rigs in Vietnam. The company said that the Vietnamese subsidiary of US oil and gas player Murphy Oil hired the 2013 ...

Subsea well construction and intervention services provider AKOFS Offshore has won a contract for one of its multipurpose service vessels (MPSV) with Brazilian state-owned giant Petrobras.

John Fredriksen’s SFL Corporation has locked in fresh revenue with Maersk, agreeing to five-year charter extensions for three 9,500 teu container ships, starting in 2026. The renewed deals will ...