The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and not too strong. While strengthening, it has not yet reached the point of significant new vessel ordering. Paradoxically, across maritime markets, observers are often concerned when exuberance gets out of hand.
For the U.S. Navy, boats perform missions from mundane maintenance chores such as hull scraping and cleaning overboard discharges to clandestine special forces insertion and extraction. Some boats are about as basic as you can imagine, and some are equipped with sophisticated combat systems and weapons.
Ukraine said on Monday it hit and disabled a Russian missile-carrying submarine docked at a Black Sea naval base using underwater sea drones for the first time, but Moscow denied the strike caused any damage.The attack with Ukrainian-made "Sub Sea Baby" drones hit the submarine in the port of Novorossiysk where Russia has rebased many of its Black Sea naval vessels to put them out of reach of
The Oil Companies International Marine Forum (OCIMF) celebrated the first anniversary of SIRE 2.0, its updated and enhanced Ship Inspection Report Program.Since its launch on September 2, 2024, following a gradual roll-out to industry to replace the paper-based SIRE (VIQ7) program, over 22,000 SIRE 2.0 inspections have been completed worldwide. SIRE 2.