International market turmoil from the direct / indirect imposition of global tariffs and related actions saw a crazy Week 8 wind up in 2026, as freight rates and oil prices both moved up and subsequently down, reports cash buyer GMS.As oil rose…
A Welcome Change for the Ship Recycling Industry Read More »
The EU Council has extended the European Union’s maritime security operation to safeguard freedom of navigation in relation to the Red Sea crisis (EUNAVFOR ASPIDES) until 28 February 2027, following the strategic review of the operation.The…
EU Extends Mandate of Operation ASPIDES Read More »
BMT has poened its Digital Innovation & Simulation Centre (DISC) at the organisation’s Fareham site in the UK – a facility designed to provide a premium environment for high‑value simulation, immersive engineering and commercially focused engagement.Th…
BMT Opens Digital Simulation Centre in Fareham Read More »
Houston offshore vessel giant pays cash for Wilson Sons Ultratug Participacoes
Tidewater adds 22 PSVs and swells Brazil fleet in $500m acquisition Read More »
The Bureau of Ocean Energy Management announced proposed revisions to its regulations governing hard mineral resources on the U.S. Outer Continental Shelf aiming to advance exploration and development of critical minerals essential to national security…
BOEM Proposes Regulation Revision to Support Mineral Exploration Read More »