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.
American Cruise Lines christened American Maverick in Newport, Rhode Island last week during the ship’s inaugural 9-Day New England Islands cruise, sailing roundtrip from Providence, Rhode Island. The celebration took place on board with guests, crew, community partners, and many employees from the Line’s headquarters in Connecticut.
Brad Adams, co-founder of Subsea Estate in Western Australia, has just retrieved vats of his latest wine from the seabed just off the coast of Augusta.Partnered with wife and co-founder Jodee Adams and chief wine maker Emmanuel Poirmeur, he is creating a product unique in the southern hemisphere.
SeaTac Marine Services, a small business marine transportation company in Seattle, WA, took delivery of a Taylor 700XL Forklift in May 2025. With help from the US Maritime Administration’s Marine Highway Grant program, SeaTac Marine Services was able to purchase this American-made machine, built by Taylor Forklifts in Louisville, Mississippi, it is fully "Build America, Buy America Act" compliant.
The work of Australia's defence force to protect its sea trade routes, including through the South China Sea, is becoming more risky as Beijing undertakes the "biggest military build-up in the world today", Australia's defence minister said on Tuesday.Open sea lanes, including trade routes that go through the South China Sea and East China Sea, were at the core of Australia's national interest