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.
Frederick Joseph Harris of Mystic CT, passed peacefully at 5:47PM on 10/24/2025, with his family by his side. “Fred” was born on 11/25/1944 at Framingham Union Hospital to Frederick Everett and MaryRosa Camilla Harris.Fred was a proud patriot who loved his country. Fred received his bachelor’s degree in Marine Engineering from Maine Maritime Academy (with Honors) in 1967.
Owning and operating a quiet boat offers many benefits, from crew comfort and retention to efficient, safe operations. While the benefits are clear, it’s generally not the first line of design and concern for most vessel owners.Noise is a funny thing in the marine world: it’s invisible, it sneaks up on you, and it’s usually not the headline item on a newbuild spec sheet
American Cruise Lines announced their biggest season of New England cruises—featuring nine itineraries and five small ships, including the newest cruise ship in the country, American Patriot.American Patriot is the flagship in the company’s new Patriot Class series. The 130-passenger ship passed Sea Trials and will embark on its first cruise this week, sailing June 21 roundtrip from Boston.
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has finalized its acquisition of the Rolls-Royce Naval Propulsors business.The milestone was celebrated at the newly acquired Pascagoula, Mississippi, foundry, where Governor Tate Reeves, Fairbanks Morse Defense CEO Steve Pykett