The cost of gasoline is falling so fast that it is beginning to put real money back in the pockets of drivers, defying earlier projections and offering an unexpected gift for the holidays.

With container freight rates seen returning to pre-pandemic levels next year, the container shipping sector appears to be in for a tough year ahead. 

Inflation and rising interest rates have more than doubled the estimated price to repair and widen the heavily trafficked highway.

In this pisode we cover a variety of topics including updates from the recent ADCI chapter meetings this fall. Armando also talks about the importance of divers having all their certs in order and what to do when work gets slow.  Please keep tuning in monthly for pertinent information related to the commercial diving industry.

European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil - an idea of the Group of Seven (G7) nations - with an adjustment mechanism to keep the cap at 5% below the market price, an EU diplomat said.

Seadrill has issued an update on is global offshore rig fleet. The benign environment semisub has started a program for Talos Production in the US Gulf of Mexico.

A seasonal slowdown in rig contracting activity is taking place in the North Sea as the year begins to wind down, according to Evercore ISI’s latest Offshore Oracle Report.

The electric tug is intended to support public agency and private enterprise marine construction operations and short-range logistics. This includes servicing marine construction sites, tending dredges, tending buoys, short-range ferry operations and other near-shore operations such as crew transportation or line handling.

 Fugro has staged a naming ceremony for a new geotechnical vessel equipped with deepwater technology. The design of the vessel is said to provide improved personnel and operational safety, and lower fuel consumption compared with other ships. It can in operate in waters up to 2,000 m deep.

A maritime company has declared a "milestone" by installing the first automated, retractable, inflatable wing sail technology on a merchant ship.

The ADCI held the 2022 Hall of Fame induction ceremony for Les Gorski, who was inducted into the 2022 Class with both Mr. Richard Radecki (d) and Mr. Bruce Banks (d), on 13 August 2022 at the History of Diving Museum, in La Islamorada, Florida. The reception was attended by family and friends of Les Gorski, as well as many representatives in the commercial diving industry such as Mike Ward of Dive Lab and Jon Hazelbaker, ADCI Lead Auditor.