NGO in Talks with Malta to Repair Gaza-Bound Aid Ship

An international NGO that intends to deliver humanitarian aid to Gaza by sea said on Sunday it was in talks with Malta's government about allowing the vessel to enter Maltese waters to

Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021

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

What's New in the Reintroduced SHIPS for America Act?

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

Australian Border Force: Ten Illegal Fishers Found Guilty

Ten Indonesian nationals pleaded guilty to illegally fishing in Australian waters in separate cases at Darwin Local Court on April 29 and 30, 2025. The first case arose from an incident on

Humanitarian Aid Ship Hit by Drones While En Route to Gaza

A Gaza-bound ship carrying humanitarian aid and activists was, according to its organizers, bombed by drones in international waters early on Friday morning.Organizers, the Freedom Flotilla Coalition, have alleged that Israel is

Argentinian Southern Energy Project, Golar LNG Agree on Second LNG Liquefaction Vessel

Argentina's Southern Energy Project said on Friday it has agreed with Golar LNG a contract for a second liquefaction vessel with a capacity of 3.5 million metric tons of liquefied natural gas

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

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

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

U.K.-based PD Ports has outlined its plans to develop one of the U.K.’s largest offshore wind manufacturing and installation hubs - the Teesport Offshore Gateway.The proposed project could unlock 180 acres of

DEME Concludes Havfram Acquisition

Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million).The transaction, first announced