Infomarine On-Line Maritime News - MARINELOG

Transocean to Acquire Valaris for $5.8B

Oilfield services firm Transocean RIG.Nsaid on Monday it will acquire peer Valaris VAL.N in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide.Transocean shares

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CMB.TECH to Record $98M Gain from Sale of Two Oil Tankers

Belgian oil tanker group CMB.TECH has agreed to sell two very large crude carriers (VLCCs) in a transaction expected to generate a capital gain of about $98.2 million.The vessels sold are 2012-built,

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Cadeler’s Nexra Lines Up O&M Campaign in Taiwan

Nexra, Cadeler’s dedicated service concept, has signed a firm contract for the execution of an offshore wind operations and maintenance (O&M) campaign in Taiwan.The contract, with an undisclosed client, has an expected

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New PaxOcean Shipyard Opened in Singapore

PaxOcean, a part of Kuok Maritime Group (KMG), has opened a new S$200 million shipyard at 5 Jalan Samulun (5JS).The shipyard, situated in the Jurong Industrial Estate, spans 17.26 hectares and features

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Mitsui Develops Overhang Permanent Magnet Shaft Generator

Mitsui E&S and Taiyo Electric have developed an Overhang Permanent Magnet Shaft Generating System for large marine engines.Unlike Taiyo Electric’s conventional shaft generators installed on intermediate shafts, this new system is mounted

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Norway Expects More Russian Spying in the Arctic

Norwegian security services said they expect Russia to step up its spying on Norway this year, with a focus on the Arctic, and Moscow may commit acts of sabotage aimed at undermining

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Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

CAPE Holland, a global leader in offshore industry foundation installation equipment and a company within the Venterra Group, announced that it has secured a contract with CDWE for the Fengmiao Offshore Wind

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Kongsberg Gruppen Q4 Beats Forecast

Norway's Kongsberg Gruppen reported a bigger than expected rise in operating profit for the fourth quarter and said its order backlog had increased by 11% in the final three months of 2025.Earnings

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"Regulatory Relief" Coming for Shipbuilding, says US Department of Labor

The U.S. Department of Labor published a notice providing enhanced and transparent guidance for calculating the amount of securitization required by insurers writing policies under the Longshore and Harbor Workers' Compensation Act. This