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.
Venezuela's state-run oil company PDVSA has started filling tankers with crude and fuel oil and keeping them in Venezuelan waters, as inventories have mounted due to the U.S. seizing Venezuela-linked ships at sea, according to company documents and shipping data.This month, the U.S.
China is deploying a large number of naval and coast guard vessels across East Asian waters, at one point more than 100, in the largest maritime show of force to date, according to four sources and intelligence reports reviewed by Reuters.China is in the middle of what is traditionally a busy season for military exercises
China's military sometimes simulates attacks on foreign naval vessels in the Taiwan Strait and Taiwan shares intelligence with international partners when they operate in those waters, a senior Taiwan security official said on Wednesday.China, which claims democratically governed Taiwan as its own, says it alone exercises sovereignty and jurisdiction over the strait
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