Tuesday – August 4, 2026

Finance

Baltic Cable Trial Exposes Fragility of Subsea Lifelines as Industry Warns of Global Stakes

The trial now underway in Helsinki of the Eagle S oil tanker’s captain and two officers has highlighted Europe’s subsea vulnerabilities squarely.

Odfjell Oceanwind Acquires Ørsted’s 80% Share in Salamander Offshore Wind Farm

Odfjell Oceanwind (OOW) has completed the acquisition of Ørsted`s 80% share in the Salamander Offshore Wind Farm.

Blue Water Autonomy Receives Funding to Strengthen US Maritime Power with Autonomous, Unmanned Ships

Blue Water Autonomy, a Boston-based technology and shipbuilding company designing and building highly producible unmanned ships for the US Navy, announces $50 million in Series

Kent Expands into the Global Decommissioning Market with EXCEED Acquisition

Kent, a global integrated energy services partner, has signed a binding agreement to acquire EXCEED (XCD) Holdings Limited, a world-class provider of well management, sub

EcoNavis Accelerates Growth with UK Innovation Funding and Glasgow Expansion

EcoNavis Solutions, a maritime technology company behind the novel Eco Boss Cap propeller hub, has secured a major investment package and joined a leading accelerator

Mermaid Scores Major Contract Awards in the Middle East

Mermaid Maritime Public Company Limited (“Mermaid Group”), a leading International Subsea Service Group of companies, is announcing that its subsidiaries in the Middle East, have

DOF Inks Over $275M in New Vessel Contracts

DOF Group ASA (“DOF”) is announcing two new long-term contracts in Brazil.

Ørsted Picks DNV as Lender’s Technical Advisor for Offshore Wind Deal in Taiwan

DNV, an independent energy expert and assurance provider, has successfully acted as Lenders’ Technical Advisor (LTA) for the project financing of Ørsted’s 632 MW Greater

TMC Releases Two Economic Studies with Combined NPV of $23.6B and Declares World-First Nodule Reserves

TMC the metals company Inc. (Nasdaq: TMC), a leading developer of the world’s largest estimated undeveloped resource of critical metals essential to energy, defense, manufacturing

Gulf of America Revenue-Sharing Cap for Coastal States Being Raised

As part of the One Big Beautiful Bill, the Department of the Interior has announced the annual revenue-sharing cap for Gulf of America Outer Continental

Maritime Acquisition and Merger in Norway

Norwegian investment company SMV Invest AS has entered into an agreement to acquire 100 percent of the shares in Norway-based welding specialist Weldteam. The plan

TMC and Tonga Announce Updated Sponsorship Agreement for Tonga Offshore Mining Ltd

The Government of the Kingdom of Tonga and its sponsored entity, Tonga Offshore Mining Ltd, (TOML) together with TMC the metals company Inc., a leading

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