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.
Dating back to the year 1786, Thomas Jefferson wrote to a member of the Continental Congress on the importance of free press keeping government in check. He was quoted as saying if he had a choice between “a government without newspapers or newspapers without a government, I should not hesitate a moment to choose the latter.
Norwegian shipowners agree: the obsession with new fuels is eliding a valuable discussion of the potential of fuel efficiency. The Aurora-class has enabled Höegh Autoliners to reduce emissions by around 58% per car carried, “before we even use low carbon fuels,” CEO Andreas Enger said.
Crowley—a legacy U.S. maritime and logistics powerhouse—is making waves with an innovative, people-first approach to workforce development. In a wide-ranging conversation on the Maritime Matters: The Marinelink Podcast, two of Crowley’s senior leaders — Megan Davidson, Chief People and Regulatory Officer, and Jim Bender
Seventeen students from seven U.S. and El Salvador maritime academies and universities have been selected as the 2025 recipients of the Thomas B. Crowley Sr. Memorial Scholarship. The scholarship recognizes students who demonstrate exceptional academic achievement and dedication to their studies related to the maritime industry. The scholarship honors the legacy of Thomas B. Crowley Sr.
Repsol has strengthened their bunkering operations in Peru with the deployment of the Bunker Tanker Thomas B (20,000 DWT). In addition to the Bunker Tanker Adrian (16,000 DWT) already operating in the Port of Callao, Repsol has more than doubled its total operational capacity in Peru.
Thomas Bek, who has been with Blue Water for 29 years, is taking over as CEO from Søren Nørgaard Thomsen, who is leaving the transport and logistics group after seven years.There has been significant development at the Danish transport and logistics group since 2018, when Søren Nørgaard Thomsen took over as CEO.
Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater market showing signs of weakness and contract opportunities becoming scarcer, reactivating these units is proving even more challenging.
Germany's Siemens said on Friday that Agustin Escobar, the company's global CEO for its Rail Infrastructure division, was killed with his family in a New York helicopter crash on Thursday."We are deeply saddened by the tragic helicopter crash that claimed the lives of Agustin Escobar and his family. Our deepest condolences go out to all of his relatives," Siemens said.
Corvus Energy has secured Type Approval from Lloyd’s Register (LR) for its Dolphin NxtGen marine battery system. The LR Type Approval confirms that the energy storage system (ESS) complies with the most stringent rules, regulations, and safety requirements in the industry, as defined by one of the leading maritime class societies.
Since entering service in 2015, the all-electric ferry MF Ampere has sailed the equivalent of 17 times around the equator on batteries alone.Despite a chorus of critics and skeptics in during the project, a decade later, Ampere continues to showcase the potential of electric technology, tech that has been emulated in ferries globally.
The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia's efforts to raise global LNG market share despite U.S. sanctions.The tanker, named Alexey Kosygin after a Soviet statesman, was built at the Zvezda shipyard and is due to join the fleet of vessels for Russia's new Arctic LNG 2 plant