Melbourne and Shanghai ports shake hands on green shipping corridor

Equinor Does Not Plan to Return to Venezuela

Equinor does not plan a return to Venezuela, after leaving the country in the early part of this decade, the Norwegian oil and gas company's CEO told Reuters on Wednesday…

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Vatn Systems Acquires Crewless Marine

Vatn Systems, a defense technology company building autonomous underwater vehicles (AUVs) for the US military, allied nations, and commercial customers, announced the acquisition of Crewless Marine, a Rhode Island-based company specializing…

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Trelleborg Acquires Nexus Elastomer Molds GmbH

Trelleborg Group, through its business area Trelleborg Sealing Solutions, has signed an agreement and finalized the acquisition of the Austrian company Nexus Elastomer Molds GmbH…

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Aker Solutions Secures Five-Year Maintenance Agreements with Equinor

Aker Solutions has been awarded multiple five-year frame agreements for maintenance and modification services with Equinor in Norway.The contracts include options…

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U.S. Icebreaker Build Plan Moves Forward at Warp Speed

The quest to rebuild the U.S. iceabreaking fleet continues to move at lightening speed, with Seaspan Shipyards (Seaspan) signing agreements with Bollinger Shipyards (Bollinger) and Rauma Marine Constructions Oy (Rauma) to provide

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Ecomer Merges with Enag, Becomes Francbord

Francbord, a new Breton industrial group resulting from the evolution of the Ecomer group, announced its merger with the SME Enag, strengthening the group's position…

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Aker Solutions Cuts Costs, Adjusts Workforce Numbers

Following several years of record-high workload, Aker Solutions forsees activity levels decreasing in 2026 compared to 2025. To adapt to the market situation and prepare for the future…

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Subsea Expo 2026 to Showcase "Next Wave" of Underwater Innovation

Subsea Expo will return to Aberdeen next month with a refreshed program of activity, bringing the underwater sector together under a new theme: “The Next Wave."Organized by Global Underwater Hub (GUH), a

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Consortium Presents AI-Supported Underwater Welding Robot for Maritime Maintenance

To ensure that maritime infrastructure no longer has to be repaired exclusively by professional industrial divers, a research consortium led by the German Research Center for Artificial Intelligence (DFKI) has developed an

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Equinor’s AI Drive Yields $130M in Savings as Digitalization Advances

Artificial intelligence (AI) contributed savings and value creation of about $130 million for Equinor and its partners in 2025, as the Norwegian firm expanded the…

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Archer Scoops $140M Well P&A Services Deal with Equinor

Oilfield services firm Archer has secured an integrated plug and abandonment (P&A) contract by Equinor covering 30 subsea wells, worth up to $140 million.The contract…

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OPT to Deploy Multiple PowerBuoys for US Coast Guard

Ocean Power Technologies has secured a contract worth more than $5 million to deploy and operate multiple maritime surveillance buoys for a U.S. Coast Guard mission under the U.S. Department of Homeland