With passage of the Inflation Reduction Act, which contains US$370 billion for climate and energy programs, policy experts are forecasting a big expansion in clean electricity generation. One source that’s poised for growth is offshore wind power.Today the U.S. has just two operating offshore wind farms, off of Rhode Island and Virginia, with a combined generating capacity of 42 megawatts. For comparison, the new Traverse Wind Energy Center in Oklahoma has 356 turbines and a 998-megawatt generating capacity. But many more projects are in development, mostly along the Atlantic coast.
Lindblad Expeditions has shared images of its newest fleet addition ahead of the vessel's inaugural voyage in the Galápagos Islands.The National Geographic Islander ll is an expedition cruise ship acquired to replace Lindblad Expeditions' vessel National Geographic Islander for year-round operations in the Galápagos. Accommodating just 48 guests in 26 suites, the ship will sail for Lindblad Expeditions with a 1:1 guest-to-crew ratioThe 3,370 GT
U.S.-based shipowner Eagle Bulk Shipping announced it has sold its oldest vessel as part of its ongoing fleet renewal program.The company revealed in its second quarter earnings report that it sold the 55,362 DWT, 189.99-meter-long bulk carrier Cardinal for a total consideration of $15.8 million.The 2004-built geared Supramax was the final remaining ship from Eagle Bulk's original fleet at its inception in 2005.The vessel is expected to be delivered to its new owner, reportedly a Chinese buyer, in the third quarter of 2022.
Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible. But, only those who apply before August 24, 2022 will be considered for inclusion.Is your company one of the best? Apply now.The 100 companies selected will be featured in the October issue of the largest BPA-audited b-to-b publication in this genre.
Driven by the growth in the size of wind turbines, Liebherr's all-electric heavy lift crane series is being expanded with an 800-tons crane. "The new cranes follow on from a long tradition and decades of experience in building ship cranes. The first ship crane was delivered by Liebherr in 1958. The push into the 800 tonnes size segment does not represent new territory - Liebherr has already supplied onshore and offshore cranes in the 3000-5000 tonnes category," said Gregor Levold, Sales Director for Liebherr Offshore, Ship and Port Cranes.
U.S. oil companies are working around a century-old shipping law to supply fuel to the U.S. East Coast, according to data from Refinitiv and oil trading sources, as high demand for gasoline and global disruptions in fuel markets sent prices higher.Traders are increasingly sending unfinished gasoline components from the Gulf Coast to Buckeye Partners LP’s terminal in the Bahamas, also known as Borco, where they are blended into finished gasoline to be sent to the U.S. East Coast.
Canadian shipping company Algoma Central Corporation announced it has entered into a joint venture agreement with Furetank AB of Sweden to construct four dual-fuel ice class 1A 17,999 DWT climate friendly product tankers to trade in Northern Europe. The 50/50 joint venture will be named FureBear.The tankers will be constructed at China Merchants Jinling Shipyard in Yangzhou, China, with delivery expected between 2023 and 2025. Upon completion, all four vessels will be entered into the Gothia Tanker Alliance, and will be operated by Furetank out of Gothenburg, Sweden.
A U.S. appeals court on Wednesday vacated a lower court's decision to block the Biden administration's pause on new oil and gas leasing on federal land and waters - a key piece of the president's climate change strategy - and sent the case back to that court for further proceedings.The 5th U.S. Circuit Court of Appeals vacated the Louisiana district court decision to block the Interior Department's leasing pause after Louisiana and a dozen states sued the administration established arguing that they would suffer injury from the policy.
Auxiliary wind propulsion systems provider Norsepower Oy Ltd. announced a contract with Dalian Shipbuilding Industry Co. Ltd. for delivery of single Rotor Sails onboard two newbuild liquefied natural gas (LNG)-powered, wind-assisted CO₂ carriers commissioned by the Northern Lights JV. Northern Lights JV is developing the transportation and storage component of Norway’s Longship project to decarbonize industrial emissions.The two liquified CO₂ carriers will be equipped with one 28x4m Norsepower Rotor Sail on each vessel.
Berg Propulsion secured its first new tug order in Türkiye since the opening of Berg Propulsion Eurasia in April 2022, contracted to provide a range of propulsion and control equipment for a harbor tug to be built at İÇDAŞ Shipyard.Built to a Robert Allan design, the newbuild RAscal 2000 tug will join the İÇDAŞ fleet to support drydock operations and activities in its surrounding port area of Çanakkale, northwest Türkiye.
Singapore-based offshore energy services provider PACC Offshore Services Holdings (“POSH”) has agreed to buy the 119-meter long, DP-3 offshore construction vessel ‘BOA Deep C’ from Norway's BOA OCV AS. The vessel will be renamed ‘POSH Deep C’ and will join the POSH fleet in October 2022. POSH said the addition of the multipurpose Offshore Construction Vessel (“OCV”), built in 2003, was part of its strategy to increase its service offerings. The financial details were not disclosed.
Crowley has appointed Bob Karl as senior vice president and general manager of the company’s new business unit, Crowley Wind Services. As Crowley elevates the scope of its offerings in wind energy, Karl will lead the company’s wind services team in the strategic development and expansion of services to support the emerging sector. The development of a wind service business unit will see the company continue to leverage its expertise and assets to provide landside and marine logistic solutions throughout the wind lifecycle.