Jiangsu Rongsheng Heavy Industries Co., Ltd.

The Israeli military said it carried out airstrikes against Yemen's Hodeidah Port on Monday, a day after the Iran-aligned Houthis fired a missile that struck near Israel's main airport.The military said in a statement that it attacked what it called Houthi terrorist targets in Hodeidah and its vicinity.The strikes killed at least one person and injured at least 35 people, the Houthi-run Saba news agency said citing the health ministry.The Houthis shut down the area around the port and cement factory following the strikes, three sources said.They said the extent of the damage at the port was unknown, yet the intensity of the strikes and fire caused severe damage to the containers' berth.

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.