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16 Apr 2020

Global Reef Expedition: Mission to Tonga

©Khaled bin Sultan Living Oceans Foundation/Ken Marks

Assessing the health of coral reefs in the Kingdom of TongaHealthy coral reefs provide critical ecosystem services for millions of people globally, but with climate change and anthropogenic stressors, the landscape of these habitats is regularly shifting. The science and conservation community has realized the importance of baseline studies to help track how these precious reef ecosystems are changing. The Khaled bin Sultan Living Oceans Foundation launched the Global Reef Expedition…

24 May 2018

Beijing's South China Sea Building Boom Grows

The Republic of Singapore navy Formidable-class frigate RSS Supreme (FFG 73) and the Victory-class corvette RSS Valiant (PGG 91) transit the South China Sea behind the aircraft carrier USS Theodore Roosevelt (CVN 71). Theodore Roosevelt is underway for a regularly scheduled deployment in the U.S. 7th Fleet area of operations in support of maritime security operations and theater security cooperation efforts. (U.S. Navy photo by Mass Communication Specialist Seaman Michael Colemanberry/Released)

At first glance from above it looks like any clean and neatly planned small town, complete with sports grounds, neat roads and large civic buildings. But the town is on Subi reef in the Spratlys archipelago of the hotly contested South China Sea and, regional security experts believe, could soon be home to China's first troops based in the maritime heart of Southeast Asia. Private sector data analysis reviewed by Reuters shows Subi, some 1,200 km (750 miles) from China's coast, is now home to nearly 400 individual buildings – far more than other Chinese islands.

08 Dec 2014

Energy Sector Volatility Affects Middle Market M&A Activity

Market volatility for the petroleum sector provides a backdrop to an evolving Merger & Acquisitions environment for the Offshore Sector. In the 3Q edition of Maritime Professional, this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010, tracing the flow of deals in the post-financial crisis era. In this edition, we take a closer look at relevant U.S. offshore energy industry deal flow and market movements as they relate to oil prices over time, and highlight some recent middle market transactions.