Adobe (ADBE) Reaffirms AI Leadership With Strong Revenue and Cash Flow, Piper Sandler Reaffirms Outperform Rating

Kongsberg Maritime Secures LARS Contract with Sea1 Offshore

Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two

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IMO Assembly Adopts New Capacity Development Strategy

The 34th session of the Assembly of the IMO concluded in London with the adoption of a new strategy to strengthen Member State compliance with IMO rules, by expanding capacity-development support.The Capacity

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Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

A survey on Thursday showed that oil firms in Norway are planning to drill 18% less exploration wells next, as they focus on existing fields. This could undermine the government's aim of

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Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

Hanwha Ocean has delivered the Wind Mover wind turbine installation vessel (WTIV) to offshore wind contractor Cadeler, completing the second vessel in the company’s M-class series about one month ahead of schedule.The

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DNV Approves CMES-Tech’s Tilting Rotorsail Design

DNV has granted a Type Approval Design Certificate (TADC) to CSSC Shanghai Marine Energy Saving Technology (CMES-Tech) for its new 35-meter tilting type wind assisted rotor system.This is the first domestically developed

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GTT Gets HD KSOE’s Tank Design Task for Two New LNG Carriers

GTT announces that it has received, in the fourth quarter of 2025, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two new liquefied natural

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Fincantieri, ASRY Agree to Explore Gulf Shipbuilding Projects

Italy’s Fincantieri and Bahrain’s Arab Shipbuilding & Repair Yard (ASRY) signed an industrial cooperation agreement to explore joint opportunities in naval and offshore vessel construction and maintenance.Under the agreement, the two companies…

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Saronic Expands its Louisiana Shipyard

Saronic has announced a $300 million investment to expand its Franklin, Louisiana shipyard.Supported by close partnerships with Louisiana Economic Development, St. Mary Parish, and other state and local officials, Saronic is expanding

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Kongsberg Maritime Marks 50 Years of Dynamic Positioning

Kongsberg Maritime is marking 50 years since the introduction of its first dynamic positioning (DP) system, a Norwegian innovation that transformed offshore operations and set new standards for safety and efficiency at