Transocean Acquires Valaris for $6 Billion to Create World’s Largest Driller
Transocean has struck a deal to acquire competitor Valaris in a $6 billion stock transaction.It effectively creates the largest offshore…
India Boosts Maritime Safety: ₹364 Cr Approved to Monitor 1 Lakh Fishing Vessels
The Government of India has officially approved a ₹364 crore plan to modernize the country’s fishing fleet. Under the Vessel…
CMA CGM to Deploy OneWeb LEO Connectivity on 300+ Vessels
CMA CGM Group has announced a major partnership with Marlink and Eutelsat to overhaul the internet connectivity across its global…
Maersk Orders Eight 18,600 TEU Dual-Fuel Vessels from New Times Shipbuilding
A.P. Moller – Maersk has officially signed a contract with China’s New Times Shipbuilding for eight new large containerships. While…
Klaipeda Port Unveils €775M Investment Plan: Southern Port Expansion
The Klaipeda Port Authority has announced a massive €775 million investment plan over the next four years to increase capacity…
Shadow Fleet Crackdown: Two Venezuelan Tankers Detained in Dutch Caribbean
As Venezuela resumes its oil trade under U.S. management, the industry is discovering that old habits die hard. State oil…
BLR Airport Partners with Menzies Aviation for Operations Deal
Bangalore International Airport (BIAL) has secured a major partner for its ground operations, signing a 15-year license agreement with Menzies…
MacGregor Wins Deal for 400-Tonne AHC Crane on New Floating Wind Vessel
MacGregor has secured a contract to supply a high-spec, 400-tonne Active Heave Compensated (AHC) subsea crane. The equipment is destined…
Indian Coast Guard Busts Three Iran-Linked Shadow Fleet Tankers
On Friday, the Indian Coast Guard (ICG) executed a coordinated raid 100 nautical miles west of Mumbai, busting three tankers…
French PE Firm Antin Buys US Ship Repair Giant Vigor
Vigor Marine Group, one of the most critical names in US ship repair, has a new owner. French private equity…