May 2025

Seaward Services: New Five-Year Contract for Supplementary Crewing of Maine State Ferry Service Operations

Seaward Services, Inc. (SSI), a subsidiary of Hornblower Group, announced its selection by the Maine State Ferry Service (MSFS) and the Maine State Department of Transportation for a new 5-year contract to provide supplementary marine crew services…

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Russia to pump over $6B into shipbuilding as part of big plan to revitalize its maritime industry

The Russian government has unveiled a massive plan to build hundreds of new ‘civilian’ vessels by 2050, upgrade its shipbuilding capability, and increase the workforce in the maritime domain.
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Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off?

Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
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Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off? Read More »