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.
A U.S. Navy helicopter and a fighter jet crashed separately into the South China Sea within the space of an hour during routine operations conducted from the same aircraft carrier on Sunday, the U.S. Navy said, adding all personnel were safe.The incidents came while President Donald Trump was on a visit to Asia.
U.S. President Donald Trump said on Friday he would soon decide on a proposed deal to extend the ceasefire with Iran, though the two countries still appeared to differ on significant issues that have been central to the conflict.Trump said on Friday morning that he would meet in a secure White House room to make a "final determination" on the proposal
We Work the Waterways (WWW) is serving as a workforce development and engagement partner in the launch of the Corn Belt Ports Rural Logistics & Maritime Training & Education Consortium, a multi-state collaboration focused on strengthening the inland maritimeworkforce pipeline across America’s river system.
Western Illinois University announced the formal establishment of the Corn Belt Ports Rural Logistics & Maritime Training & Education Consortium, a multi-state collaboration designed to strengthen the inland maritime workforce and support economic growth across the Midwest.The Consortium brings together a broad network of institutions of higher education from Illinois, Iowa, Missouri
American Bureau of Shipping (ABS), Japan’s ENEOS, Nippon Yusen Kabushiki Kaisha (NYK Line) and SEACOR Holdings have launched a joint study to develop a commercial methanol marine fuel supply network along the U.S. Gulf Coast.The study aims to establish the first large-scale ship-to-ship methanol bunkering operations in the United States
Expansion into Harbor Tug sector helps Master Boat Builders nearly double in size, from 200 to 400 employees building eight to nine vessels per year, and the prospect of a new drydock plus additional partnerships and government construction contracts promises to power the company forward further, faster.
U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the offshore wind industry, suffering hundreds of millions of dollars in lost government support, vanishing vessel orders, and an uncertain future for the billions of dollars' worth of investments.
“In a global marketplace, supply and demand in one area of the world can greatly impact the agricultural production in another. American products are shipped worldwide …” is how the U.S. Department of Agriculture (USDA) describes the backdrop for international trade. The inland and coastwise waterway systems serving the United States (where agricultural cargoes are an important component) are
The Chamber of Shipping of America has recognized 57 Crowley-owned or -managed vessels with its Jones F. Devlin Safety Awards, honoring the achievements and hard work of crews that together completed a total of 478 years without a lost time injury.The Jones F. Devlin Safety Award honors the commitment of people and companies responsible for long-term operational safety
The National Ocean Industries Association (NOIA) has released its sixth annual Offshore Energy Industry's Innovation & Workforce Excellence Report, a comprehensive publication showcasing how offshore energy companies are leading on environmental performance, workforce development, safety, and corporate responsibility.
The outlook could be bleak or bright depending on how we view the rise of humanoid robots.Think of this quote from a book by Jacob Morgan:“While many futurists and business leaders believe that robots and automation are taking jobs from humans, I believe that it's the humans who are taking the jobs away from robots.