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.
Windward Offshore has taken delivery of its first Commissioning Service Operation Vessel (CSOV), Windward Athens, built by Norwegian shipbuilder Vard.The vessel represents a major milestone on Windward Offshore’s growth path and marks the company’s entry into operations with its dedicated CSOV fleet.
U.S. President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs, and buying fewer ships and fighter jets to save money, according to budget materials posted Wednesday.At $892.6 billion, the defense and national security budget request is flat compared with this year.
Russia said on Tuesday the U.S. had agreed to help it lift restrictions on food, fertilizer and shipping companies in exchange for agreeing to a maritime security deal in the Black Sea.The United States further said it had also agreed with Russia and Ukraine to implement a ban on military strikes on each other's energy installations.
US marine autonomy specialist Janus Marine & Defense has launched an Uncrewed Surface Vessel (USV) comparison website. Janus Navigator, a structured, filterable database of almost 200 global USV platforms with a sales capability, has been created to allow clients to make informed choices and identify which platform class best aligns with their mission profile before important procurement
Marine insurer Gard and maritime technology company NAVTOR have partnered to integrate Gard’s loss prevention content into NAVTOR’s NavStation platform, aiming to improve access to safety guidance for crews and operators at sea.The collaboration enables Gard Insights articles to be delivered directly through NavStation
Boston Harbor's MV Outward Bound has returned to Gladding-Hearn Shipbuilding, Duclos Corporation for a mid-life refit. Redelivery is planned for spring 2026. Purpose-designed by JW Gilbert Associates and built by the Somerset, Mass., shipyard in 1995, the 64-foot, 140-passenger steel vessel carries visitors and supplies seasonally to Cathleen Stone Island Outward Bound
Solstad Maritime (SOMA) has secured multiple new contracts for several construction support vessels, that will be employed in the North Sea and Brazil.The contracts are for Normand Navigator, Normand Cutter, and Normand Jarstein CSVs.The combined firm period of these project related contracts is approximately 175 days, with an additional 150 optional days.
NOAA Marine and Aviation Operations will celebrate the keel-laying for Navigator, the second of two new charting and mapping vessels being constructed for NOAA. The vessel is being built by Thoma-Sea Marine Constructors, LLC., in Houma, Louisiana.The keel-laying is a centuries-old maritime tradition that formally recognizes the start of a ship's construction.
American Cruise Lines has announced 10 new ships for the U.S. market beginning with American Pioneer debuting in Florida on October 31st. American Pioneer is the 2nd new Patriot Class ship the company has launched this year. All American’s new boats will continue to sail domestically, operating itineraries across the Line’s growing portfolio, including the Mississippi River, Alaska
Offshore construction has started at the Hollandse Kust West wind farm, where Van Oord and developer Ecowende are installing eco-friendly scour protection designed to improve marine biodiversity.Van Oord’s subsea rock installation vessels Nordnes and Bravenes have been mobilised to lay scour protection around monopile foundations
Amon Maritime has entered into a joint venture with Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers.Pursuant to the Joint Venture, Navigator will acquire approximately 80% of the joint venture company, Navigator Amon Shipping AS, of Norway, with Amon Maritime holding approximately 20%, subject to the investment terms and conditions.