When we interviewed Saronic Co-Founder and CEO Dino Mavrookas late last year, he insisted that Saronic's mission was to deliver commercially viable autonomous vessels first, and in turn parlay that into a ready package for defense. That vision comes to fruition as Saronic announced a partnership with Hornbeck Offshore Services, Inc.
Eastern Shipbuilding Group (ESG) completed and redelivered HOS Rocinante, a first-of-its-kind U.S.-flagged Service Operation Vessel (SOV) converted for Hornbeck Offshore Services.The vessel marks a milestone in the evolution of the U.S. offshore service fleet to be future-ready for both the offshore wind and petro-energy sector demands for broadly capable marine support vessels.
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.
NOAA-supported scientists announced that this year’s Gulf of America hypoxic zone is approximately 1,332 square miles, making it the 2nd smallest zone on record in 40 years of measurement. Hypoxic areas, also called “dead zones,” are areas with little to no oxygen in the water, which can negatively impact fish, shellfish
Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners.MODEC is collaborating with the Technip Energies-JGC joint venture on the project to support integration and execution of the mooring system.
Four vessels managed and operated by the NYK Group, the coal carrier Pirika Moshiri Maru, the very large crude oil carrier Takaoka, the bulk carrier Global Coral, and the passenger ship Asuka Ⅲ, have been honored with the “Best Quality Ship 2025” award sponsored by the Japan Federation of Pilots’ Associations.
Helix Energy Solutions and Hornbeck Offshore Services have agreed to combine in an all-stock transaction to create an integrated offshore services company.Under the agreement, Hornbeck shareholders will own about 55% of the combined company, while Helix shareholders will hold around 45%.
To celebrate World Ocean Day 2026, the National Maritime Museum is publishing a new illustrated book, The Ocean Map, and hosting a free festival inviting families to explore the wonders of the ocean.Written by Aimee Mook, ocean expert and Museum curator, the book will be published on June 4, 2026 and presents the ocean as a single, connected system using the Spilhaus projection.
Eni and its partners have launched the hull of the Coral North floating liquefied natural gas (FLNG) vessel, marking a key milestone in the development of Mozambique’s offshore gas resources.Coral North will be the second floating LNG facility deployed in the Rovuma Basin offshore Cabo Delgado in northern Mozambique and will produce gas from the northern part of the Coral reservoir.
The European Union has adopted fresh sanctions targeting companies and individuals accused of helping Moscow to circumvent Western sanctions on oil exports that help to fund Russia's war in Ukraine.The EU has imposed 19 packages of sanctions so far, but Moscow has managed to adapt to most measures and is still selling millions of barrels of oil to India and China
An Australian Transport Safety Bureau (ATSB) preliminary report has been released that outlines the order of events leading up to the grounding of the cruise ship Coral Adventurer near a remote port on the north-east coast of Papua New Guinea in December.The ATSB launched a transport safety investigation after the 93-metre Australian-flagged ship grounded on the morning of 27 December 2025
The Australian Maritime Safety Authority (AMSA) has detained the Australian flagged vessel Coral Adventurer, that grounded on December 27 off the coast in Papua New Guinea (PNG).The Coral Adventurer was carrying 80 passengers and 44 staff when it ran aground on a coral reef about 90 kilometers from Lae.No injuries have been reported, and the vessel has been refloated.