You're listening to the WorkBoat Weekly. Your quick hit on the stories shaping the commercial marine industry. Here's what's making news this week. We start with a major consolidation in the offshore services sector. Helix Energy Solutions Group shareholders have approved the proposals needed to complete the company's all-stock combination with Hornbeck Offshore Services. The deal, which was expected to close September 1, creates a new integrated offshore services company that will trade on the New York Stock Exchange under the Hornbeck name and the ticker symbol HOS. Under the terms of the deal, Hornbeck securityholders will own roughly 55 percent of the combined company and Helix shareholders roughly 45 percent. Hornbeck's Todd Hornbeck will serve as president and CEO. The board will have seven members, four from Hornbeck and three from Helix, with William Transier serving as chairman. Dual headquarters will be maintained in Covington, Louisiana, and Houston. The combination joins Helix's well intervention assets and subsea robotics work with Hornbeck's offshore support vessel fleet and subsea trenching operations. The companies have projected 75 million dollars or more in annual revenue and cost synergies within three years of closing, from integrated service offerings, fleet optimization, and reduced reliance on third-party vessel charters. Owen Kratz called it a combination that establishes an integrated offshore services company with enhanced scale and expanded capabilities across deepwater energy, defense, and renewables. Todd Hornbeck described the shareholder's vote as an important milestone in bringing together two industry leaders. Read the full story at workboat.com. Now to a significant development in naval leadership that has direct implications for U.S. shipbuilding. President Trump announced on September 1 that he will nominate acting Navy Secretary Hung Cao to permanently lead the Department of the Navy. The acting secretary has served in the role since April 22, overseeing the Navy and Marine Corps after previously serving as under secretary. The nomination requires Senate confirmation. Trump urged the Senate to move quickly, calling him a true warrior and asking for a fast confirmation. Shipbuilding has been a defining focus of the acting secretary's tenure. In May, the Navy released its fiscal year 2027 Shipbuilding Plan, calling for expanded fleet capacity, increased shipyard and workforce capacity, and a stronger maritime industrial base. The administration's fiscal year 2027 budget request includes 65.8 billion for Navy shipbuilding. In June, Cao also appointed a senior adviser for shipbuilding who will be focused on industrial base revitalization and acquisition reform. A 1996 Naval Academy graduate, Cao served as a Navy diver and explosive ordnance disposal officer with deployments to Iraq, Afghanistan, and Somalia, retiring from active duty as a captain in 2021. Before joining the Department of the Navy, he worked in electronic warfare, counter-drone systems, and shipyard infrastructure optimization for a defense firm. If confirmed, Cao would continue leading the department as the Navy works to expand production, workforce, and industrial base capacity. Read the full story at workboat.com. Before our final story — a quick word about Pacific Marine Expo. If you work on the West Coast, Pacific Marine Expo is the show you can't miss. This year, PME heads to the Seattle Convention Center's Arch Building on November 19th — join fishermen, vessel operators, engineers, and port officials under one roof. Register now at pacificmarineexpo.com. We close with a story that goes to the heart of one of shipbuilding's most persistent problems and the technology that may finally be ready to address it. U.S. shipyards will need 200,000 to 250,000 additional workers over the next decade in critical occupations like welding, soldering, and front-line management. The American Welding Society projects a nationwide shor...