On April 30, Senator Mark Kelly (D-AZ), together with several original co-sponsors, reintroduced the SHIPS for America Act in the U.S. Senate, first introduced in December 2024, divided into two bills. Companion legislation was also introduced in the U…
What’s New in the Reintroduced SHIPS for America Act? Read More »
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this – including Saudi…
Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021 Read More »
Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, Manager, Global Business Development, ABS.Surging appetite for natural gas is accelerating the development of global and region…
How FLNG Tech Supports Energy Transition Read More »
The ever-shifting tides of the shipping freight market are proving to be difficult to navigate. For example, in the dry bulk market, seasonality used to be a defining factor, but lately policy have proven to be equally as important. In its latest weekl…
Dry Bulk Shipping: Policy is now as Major Catalyst for Market Direction as Seasonality Read More »
As of early May 2025, the crude oil trading relationship between the United States and Venezuela has undergone a major disruption, primarily due to recent geopolitical and regulatory shifts. The most pivotal development occurred in March 2025, when the…
Tanker – Weekly Market Monitor: Venezuela’s Crude Oil Exports Trends Read More »