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.
Seakeeper, Inc., a leader in marine motion control, is offering Seakeeper and Seakeeper Ride sizing and software specific to attending to the hull styles of catamarans. While catamarans offer some advantages, these boats are still susceptible to wave action and their unique hull designs can present several trade-offs such as flatter turns, increased yaw or bow steering
“With all the archival data and that real archaeological data coming together, we’ve built the most accurate virtual model ever of Monitor, and I'm not just talking just the shell of it. Every single nut and bolt is there.” Tane CasserleyThe USS Monitor was commissioned during the Civil War for the Union Navy in answer to the Confederate Navy’s new ironclad ship CSS Virginia (formerly the USS
The US Coast Guard has released its report into the death of a crewmember onboard the Red Stag while moored at the Adriatic Marine Dock, in Port Fourchon, LA, on October 14, 2023. The incident occurred when an unqualified engineer (UE) opened the panel for the mud pump system and touched the high voltage conductors containing 480 volts.
For the first time, DNV has applied its independent Energy Transition Outlook model— incorporating the latest technology trends and policy developments— to Germany.The inaugural German Energy Transition Outlook (ETO) report finds that Germany is on track to electrify nearly half of its electricity demand by midcentury. Yet, it will fall short of its 2045 climate neutrality target.