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.
Vessel owners of every size, shape and locale today face a mounting opportunity and challenge: effectively utilizing all of the data coming from their vessels, their fleets, and putting that information to work to make maritime operations more efficient and profitable.At “The Business of Shipping” panel on Day 1 of the Connecticut Maritime Association’s Shipping 2026 conference
Tourism in the Antarctic Peninsula is a niche but booming industry powered by deep-pocketed adventure-seekers travelling thousands of miles to marvel at penguin colonies and take "polar plunges" in sight of icebergs.But growing numbers of visitors bring risks including disease, invasive species and pollution to the delicate ecosystems of Antarctica and the remote sub-Antarctic islands that teem
The guidebooks and river cruise itinerary for the Nile River cruise were studied and neatly packed for my trip, but nothing really preparedme for what surely is a once-in-a-lifetime chance to savor firsthand and physically close some of the most striking and memorable scenery andhistory anywhere in the world.
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.
Wärtsilä Gas Solutions has secured a contract to supply LNG cargo handling and fuel gas supply systems for two 20,000 cubic meter liquefied natural gas (LNG) bunkering vessels under construction at Zhejiang XinLe Shipbuilding yard in China.The vessels will be owned by a Hong Kong-based shipowner. The order was booked in the fourth quarter of 2025.
Zelim announced the appointment of Mike Collier as Sales Director, effective January 2026. He will lead the organization’s focus on key sectors globally including the cruise and defense industries.Mike joins Zelim from MARSS, where he led business development for the cruise and defense sectors.
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.
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)