Vessel Sector Deep Dive: WTIVs
The changing global bottom-fixed offshore wind turbine and foundation installation marketThe last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused more on energy security and affordability than transition, which means a pivot away from renewables to increased support for oil & gas. At the same time, inflation and interest rates have impacted project economics.
Ocean Minerals Are Becoming a Real US Opportunity
Momentum around critical minerals in Washington is no longer hypothetical. Policymakers are now focused on practical steps to expand domestic access to the raw materials that underpin national security, advanced manufacturing, and modern energy systems. Ocean minerals are front and center of this conversation and the offshore industry is prepared to play a central role. Congressional attention is growing…
Port Snared in US-China Dispute, says Panama President
Panama President Jose Raul Mulino said his country maintains a positive relationship with China despite being caught up in a dispute between the Asian superpower and the U.S., and defended Panama's takeover of port contracts held by Hong Kong's CK Hutchison.He spoke at a regular press conference after receiving what he called a "high-level" message from China's government acknowledging that a dispute over the port contracts will be heard by international arbitration courts…
Opinion: Mixed Messages, Military Mismatch Erode U.S., Europe Pact
As America’s European allies digest the diplomatic fallout of their spat with the Trump administration over their inaction on Iran, the U.S. Army in Europe has kept pushing forward with its training programme for the year in several nervous nations on NATO’s eastern flank.The next phase of activity, known by the U.S. military as Exercise Sword 26, sees more than 15,000 NATO personnel – more than a…
USCG Back in Business, Trump Signs Bill to fund DHS
U.S. President Donald Trump on Thursday signed into law legislation funding Department of Homeland Security agencies including the Secret Service and Transportation Security Administration, ending a partial shutdown that has gripped DHS operations for nearly 11 weeks.The logjam was broken when the Republican-controlled House of Representatives unanimously passed a Senate-approved bill that conservatives…
US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage
A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed and analysts said.With some vessels switching off tracking systems and U.S. forces turning back Iranian tankers, how much crude Iran is delivering to customers, particularly main customer China, is impossible to measure.Just…
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