“The Daisy Mae is the closest you can get to Z-drive maneuverability, without the cost of Z-drive,” maintains her builder Joseph Rodriguez of Rodriguez Ship Building Inc. in Bayou LaBatre, Ala. Rodriguez has designed and built a lot of tugs over the years and doesn’t make this claim lightly.
Anyone plying the Great South Bay between the shores of Long Island and Fire Island know that the fleet of Fire Island Ferries is a ubiquitous site, shuttling people, pets and supplies from the mainland to the barrier island oasis just five miles away. The scene is a familiar one, too, for Rhode Island boat builder Blount Boats, which has built quite a few of these ferries
Five workers were missing after a fiery explosion on Monday at an oil and gas drilling site in eastern Oklahoma, officials said. The fire had been fed by gas from a well being drilled for Red Mountain Energy by Patterson-UTI Energy Inc, preventing a full search of the scene throughout the day, but was later extinguished
Five workers were missing on Monday after a gas explosion at an oil and gas drilling site in eastern Oklahoma, authorities said. The blast occurred at around 9 a.m. local time (1500 GMT) near Quinton, Oklahoma, about 146 miles (235 km) from Oklahoma City. Five of 22 workers at the site were still listed as missing, said Kevin Enloe
Metal Trades, Inc. (MTI) has launched a newly built shallow-draft push boat for Bald Head Island Limited, LLC. (BHI). The new vessel, Capt Cooper, was christened during a June 27 ceremony at the builder’s Yonges Island, S.C. facility. As the first self-powered vessel built by MTI, Capt Cooper signals an expansion of MTI’s service offering to include new vessel construction.
Some U.S. equity options traders are betting that the recent rebound in the price of crude oil spells good news for the battered energy sector. The S&P energy index is still down about 9.9 percent this year, making it the second worst-performing sector among S&P's tracking indexes. That contrasts against the broad benchmark S&P 500 stock index, which is up 6.9 percent for the year.
The U.S. Coast Guard and U.S. Air Force will partner on research and development in several key areas such 3-D printing, Arctic operations, modeling and simulation, cyber research, and satellite technology.Commanding officers from the Coast Guard Research and Development Center (RDC) and the Air Force Research Laboratory (AFRL) signed a joint Memorandum of Understanding (MoU) that allows greater
The U.S. Coast Guard announced today it will discontinue broadcasts from its remaining 38 Differential GPS (DGPS) sites over the next three years, completing system reductions that began in 2016. The staged reduction of the remaining Coast Guard DGPS broadcast sites will begin in 2018 and end with the last broadcast of GPS corrections over medium frequency in 2020. The U.S.
Oil and gas driller Patterson-UTI Energy Inc, dealing with the fallout of a drilling accident that killed five workers last month, reported a bigger-than-expected quarterly loss on Thursday as expenses more than doubled. The accident at an oil well in Oklahoma in January has turned the spotlight on the Houston-based company's safety record and on safety in the shale industry in general as
U.S. rig count hits 751, highest since September, as U.S. oil production heads for 10 million bpd Oil prices edged lower on Monday as rising U.S. drilling activity pointed to a further increase in American production, countering OPEC-led output cuts. Brent crude futures, the international benchmark for oil prices, were 10 cents lower at $63.30 a barrel by 1115 GMT. U.S.
How many red snapper are in the U.S. waters of the Gulf of Mexico? A two-year, $12 million independent study led by a team of university and government scientists aims to come up with an estimate. Several stakeholder groups have expressed concerns that there are more red snapper in the Gulf than currently accounted for in the stock assessment.
A new entrant to North Sea decommissioning, Well-Safe Solutions was established by a group of oil industry stalwarts Alasdair Locke, Mark Patterson and Paul Warwick, setting out to provide a new approach to the safe and cost-efficient decommissioning of subsea wells. The new start company, which aims to attract £200 million ($260 million) in investment and create 400 new jobs