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.
There hasn’t been an invasives species introduced to the Great Lakes from ballast water since 2006. So, what’s the problem now?As far as Transport Canada is concerned: “Scientific sampling to date consistently shows that ballast water management systems (BWMS) used in the Great Lakes reduce organism densities in ballast water discharges by over 99%, consistent with global evidence.
In the shadow of the Taiwan Strait, a new chapter in asymmetric naval warfare is unfolding. Drawing lessons from Ukraine’s strategic use of maritime drones in the Black Sea, Taiwan is adapting similar technologies as a low-cost, high-impact defense against an increasingly assertive Chinese Navy.
China's military held long-range live-fire drills in the East China Sea on Wednesday in an escalation of ongoing drills around Taiwan, saying it was practicing precision strikes on port and energy facilities but with no details on the exact location.The exercises follow a rise in Chinese rhetoric against Taiwan President Lai Ching-te, who China called a "parasite" on Tuesday
Nearly 20,000 live animals, all endangered or protected species, have been seized in a global operation against wildlife and forestry trafficking networks, jointly coordinated by INTERPOL and the World Customs Organization (WCO).Operation Thunder 2024 (November 11 – December 6) brought together police, customs, border control, forestry and wildlife officials from 138 countries and regions
TDI Brooks announced the appointment of Frank Feurtado as Manager – Marine Systems.With an impressive career spanning over 25 years in the international maritime industry, Frank initially served as a Marine Electronics Technician before climbing the ranks to become a Captain. Since 2000, he has led marine operations across Europe, Asia, and the Americas
Empresa Portuaria San Antonio (EPSA) filed a Material Event with the Financial Market Commission (CMF), informing that San Antonio Terminal Internacional (STI) had met the investment conditions agreed in 2020 and, therefore, its concession will be extended until January 1, 2030 (the second extension since the concession originally ended in 2020).
Chicago Propeller Club celebrated being named International Propeller Club of the Year at its latest event.Guests from across the Great Lakes and Mid West maritime industry gathered for the reception, a Chicago River cruise aboard club sponsor Wendella Cruises vessel the Iris.Club President Chris Carr, managing partner of SBSB Eastham law firm
MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime Energy Transition.The project will accelerate the roll-out of port and harbor infrastructure needed to support the rapid expansion in vessel recharging and shore-powering facilities which are essential to realize the government’s Clean Maritime Plan.