Facility will include 150,000 square feet of covered manufacturing space optimized for serial productionNew yard will support 200 new jobs and expands shipbuilding capacity Master Boat Builders announced plans to build a new $60 million, 150,000 sq ft manufacturing facility dedicated exclusively to government and defense shipbuilding programs.
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 $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
Divers from the FBI continue are investigating multiple underwater targets in the Potomac River that could be additional aircraft debris from the collision between a Mitsubishi Heavy Industries (MHI) RJ Aviation (Bombardier) CRJ700 and a Sikorsky UH-60 Black Hawk helicopter.The PSA Airlines Bombardier CRJ700 airplane operated as American Airlines Flight 5342 from Wichita, Kansas
On January 20, Brazil President Luiz Inácio Lula da Silva will sign contracts for the construction of vessels for the Mar Aberto Program, an initiative aimed at renewing and expanding the Petrobras fleet.Petrobras and Transpetro are contracting five gas carrier ships, in addition to 18 barges and 18 pushboats, in a total investment of R$ 2.
TDI-Brooks has recently finalized a geological evaluation in the Gulf of Mexico on behalf of Enbridge. For this project, TDI-Brooks utilized the R/V BROOKS MCCALL, executing 38 piston cores (PC), 7 gravity cone penetration tests (gCPTs), and 82 box cores (BC). TDI-Brooks has conducted previous geotechnical projects for Enbridge in the Gulf of Mexico.
The U.S. Trade Representative's office on Thursday said it has found China's targeted dominance of the global shipbuilding, maritime and logistics sectors is "unreasonable" and is "actionable" under U.S. trade law.The findings of a USTR probe, first reported by Reuters on Tuesday, did not include a specific recommendation of penalties against Beijing