ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for ...

Offshore support vessel (OSV) owner Britoil Offshore Services has announced a major fleet expansion plan, placing an order for up to eight new anchor handling tug vessels (AHTs) to be built in ...

China’s combined orderbook for merchant ships has grown by a remarkable 170% this decade, stretching its lead over its nearest shipbuilding rivals dramatically. Data from Greek broker Intermodal ...

Panama-flagged asphalt/bitumen tanker Bitu River was boarded by three armed pirates late last night off São Tomé and Príncipe. Shots were reportedly fired, and the status of crew in the citadel ...

More than a quarter of a century since Safmarine was sold to Maersk, South Africa is slowly gearing up to found another national shipping carrier. Having been on the drawing board since 2017 ...

France’s CMA CGM has penned an agreement with Saigon Newport Corporation (SNP) to develop a new $600m deepwater terminal in Haiphong, northern Vietnam. The deal covers the design, construction ...

Two European tanker specialists have offloaded one ship each to Indonesia’s state-owned shipping giant, Pertamina. The Jakarta-based company had 98 ships in its fleet before its latest purchase ...

French energy major TotalEnergies has struck a deal with German utility RWE to acquire a 50% stake in two offshore wind projects in the North Sea.

Copenhagen-headquartered offshore wind installation player Cadeler has secured €675m ($770m) in financing for two newbuilds from a syndicate of international banks. The loans cover the financing ...

Netherlands-based shortsea operator Longship Group has bolstered its orderbook by triggering an option for four additional 6,000 dwt newbuildings. The move adds to the four so-called Pmax Eco ...

Ningbo Ocean Shipping Co (NBOSCO) has set out to further expand its containership fleet with an investment in four 4,300 teu newbuildings. The Shanghai-listed subsidiary of Ningbo-Zhoushan Port ...

Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now. In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and ...