Hellespont Ship Management GmbH & Co. KG

Incat Hull 096 – the world’s largest battery-electric ship – has been officially launched in Tasmania, Australia.Built for South American ferry operator Buquebus, the 130-meter ferry will enter enters service between Buenos Aires and Uruguay, operating entirely on battery-electric power, carrying up to 2,100 passengers and 225 vehicles across the River Plate.The ship is the ninth Incat-built vessel for Buquebus.The ship is equipped with over 250 tonnes of batteries and an Energy Storage System (ESS) boasting more than 40 megawatt-hours of installed capacity.

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.S. House of Representatives by Rep. Trent Kelly (R-MS) and Rep. John Garamendi (D-CA). This is a major, historic effort to revitalize the U.S. merchant marine. The legislation had to be reintroduced to be considered by the new U.S. Congress, which commenced in January.Here, we concentrate on the differences between the December bill and the April bills. For a more general summary of the proposed legislation, see Sen.

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 Aramco’s suspension of over 30 jackup contracts by up to one year, the entry of newbuild rigs into the market without work to go to, and the deferment of several long-term deepwater drilling and plug and abandonment projects.The unexpected combination of a dip in firm demand (currently 18% lower versus March 2024) and an increase in supply (7% higher than March 2021)

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 regional supply chains, with established producers seeking new markets and emerging suppliers looking to meet demand from local consumers.Long-tabled export projects are being fast-tracked for approval in North America while new facilities are under development in Canada and South America. However emerging markets in demand centres across Asia and elsewhere are also looking to rapidly increase production.

Louis Dreyfus Armateurs, a 170-year-old French family-owned company operating across a broad swath of maritime and offshore energy, recently announced a shipbuilding order and fleet expansion with the order for a series of three next generation SOVs, a series that will lean on five years of experience operating some of the first Hybrid-Electric SOVs. Gaël Cailleaux, Renewables General Manager, LDA takes a deep dive into the company, the investment in the future fleet, and the lessons learned from that first series of ships that will be leveraged in the next series.LDA’s journey over the past five years has been marked by significant strategic shifts.