President Joe Biden intends to nominate Ann Phillips to serve as Administrator of the U.S. Maritime Administration (MARAD) at the Department of Transportation (DOT), the White House announced Thursday. The position has been vacant since Mark Buzby resigned from the role in the wake of the insurrection at the U.S. Capitol in January.If confirmed, Phillips, a retired U.S.
The Unified Command, consisting of the U.S. Coast Guard, the State of California, Resolve Marine and Witt O'Briens said Sunday it was coordinating the safe transit of a containership 80 miles southwest of Big Sur to the Port of Oakland, Calif. after the ship had reported an engine fire on Friday.
There's one thing that's certain about the price of oil, it goes up and it goes down, but nobody knows when that will happen, Jim McCaul, an expert in the offshore floating production sector for 30 years, recently said in an interview for Offshore Engineer TV, discussing the past, the present and the future of the floating production market.
A massive container ship blocking Egypt's Suez Canal for nearly a week has been partially refloated, the Suez Canal Authority (SCA) said on Monday, raising hopes the busy waterway will soon be reopened for a huge backlog of ships.The 400-meter (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday
Brent Perry, CEO of Sterling PBES is a 40+ year veteran of the marine business, and one of the pioneers in delivering battery solutions to boats and ships at sea. Please give us a by the numbers look at Sterling PBES today?Right now we are sitting in a position where we had anticipated delivering somewhere in the neighborhood of $20-21 million worth of product, which is about 35 megawatt hours.
The Biden Administration’s struggles to alleviate supply chain capacity issues appear to be continuing with no end in sight. Part of the issue arises from the Administration’s limited focus on ports and another part arises from Congressional stalemates. Could the much-needed beltway leadership on these issues come in the form of the newly-tapped Maritime Administrator?Biden focuses on ports to
Oil held above $75 a barrel on Thursday, within sight of a multi-week high hit a day earlier, supported by a big drop in U.S. crude inventories and surging European natural gas prices.U.S. crude inventories fell by 6.4 million barrels last week, more than the 3.5 million-barrel drop analysts expected, with offshore oil facilities still recovering from the impact of Hurricane Ida last month.
The Naval Postgraduate School (NPS) in Monterey, Calif. and the U.S. Coast Guard Research and Development Center (RDC) in New London, Conn. agreed to a memorandum of understanding (MOU) on April 14 extending for five more years their previous three-year direct collaboration on joint research projects and exchanges.
Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week.The crude benchmarks, U.S. crude and London-based Brent, added to gains after U.S. inventory figures showed a further rebound in refining activity, suggesting U.S.
North Kingstown, R.I. shipbuilder Senesco Marine has built and delivered another EPA Tier 4 compliant tug, Janice Ann Reinauer, to Reinauer Transportation. Upon delivery, the tug went directly to work transporting product on the U.S East and Gulf Coasts.The 4,200-horsepower vessel was designed by Ocean Tug & Barge in close cooperation with The Reinauer operations team and is the 13th tug Senesco
Oil prices jumped about 3% on Friday, hitting their highest levels in over a year, following a stronger-than-expected U.S. jobs report and decision by OPEC and its allies not to increase supply in April.Brent futures rose $2.10, or 3.2%, to $68.84 a barrel by 11:25 a.m. EST (1625 GMT). Earlier in the session, the global benchmark hit its highest since January 2020.U.S.
Cruise ship operator Viking has this week informed that its first expedition ship – the 378-guest Viking Octantis – was floated, marking a major construction milestone and the first time that the new ship touches water.The float out is important because it denotes a ship moving into its final stage of construction. The float-out ceremony of Viking Octantis took place on December 22.