As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders.
Title: Famous Irish MarinersAuthor: Emma ByrnePublication date: September 22, 2025ISBN 9781788494922 PRICE €17.99/£15.99 HBFORMAT 196x129 mm EXTENT 176ppAlso available as an eBook.Ireland has a rich history of famous – and infamous – mariners: from our earliest navigators, who may have reached North America – by currach – a thousand years before Columbus
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply a range of solutions for a new LNG Bunkering Vessel built at the Jiangnan Shipyard in China for Shanghai International Port Group (SIPG) Energy Shanghai Co.The scope includes the cargo handling system, the fuel gas supply system, and a boil-off gas reliquefication system (Compact Reliq - CRS).
Sea trials on the Washington State Ferries (WSF) ferry Wenatchee (2,500 passengers, 200 vehicles) got off to a bad start last week, as WSF reports "investigation by our technicians and engine crew discovered last week the control system communication wires were creating intermittent instability which caused the drive motors to go offline.
“In a global marketplace, supply and demand in one area of the world can greatly impact the agricultural production in another. American products are shipped worldwide …” is how the U.S. Department of Agriculture (USDA) describes the backdrop for international trade. The inland and coastwise waterway systems serving the United States (where agricultural cargoes are an important component) are
Shipbuilding in the United States has seen a heightened profile with increased attention from Congress and the Trump 2.0 Administration. The ongoing dialogue regarding reinvigorating the U.S. deep sea fleet has brought mainstream attention to vessel construction, which has been nearly absent in recent years.
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fuel supply systems for four new Very Large Gas Carriers (VLGCs) being built in COSCO Shipping (Qidong) Offshore for their owner group.The complete Wärtsilä Gas Solutions’ scope covers the engineering, material, as well as the supervision, commissioning and gas trials for the systems.
“Shipping is a people business”, so the saying goes. Jim Lawrence, who passed away at the beginning of June, truly embodied that. Certainly, he was a great participant at maritime events. When not up on the podium serving as the moderator, he would be walking around, shaking hands, talking about a particular transaction or development (and, sometimes, the intrigue behind it)
In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration
Battered by Covid, the cruise industry was down but not out. Today it is setting records in passenger count + the size and cost of a new fleet.Post-Pandemic, the fortunes of the big cruise companies have brightened dramatically. A late December, 2024 earnings release from Carnival Corporation & plc (NYSE: CCL), encompassing brands including Carnival Cruise, Holland America, Cunard
American Fan working with Ingalls Shipbuilding and other shipbuilders to provide ventilation fans for ten Flight III destroyersFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded multiple purchase orders for its Ohio-based business unit, American Fan