Galileo Galilei is dredging the bay’s access channel, increasing its depth from -14 metres tot -16 metres and improving maritime accessibility to the port area.
A new propulsion concept allows workboats and tugboats to benefit from flexible hybrid propulsion without installing a gearbox or additional electrical components.
Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start to return.