The year just ended, 2021, might be described as being about “trying to get back to normal”, across the entire transportation spectrum, two years into the pandemic. During this time, the decarbonization and electrification waves have swept across maritime passenger transport. The passenger side of the business is dependent on multiple funding sources; increasingly
As of the end of January 2022, there were over 45 projects in development representing a $136 billion capital expenditure and $4.4 billion annual OPEX opportunity that are forecast to be brought on stream within this and early in the next decade.What a difference a year makes. This time last year there was still some uncertainty around the federal offshore wind permitting process
The U.S. has big plans for its offshore wind industry, and shipbuilders like Blount Boats and others are ramping up to capitalize on the unprecedented opportunity.Earlier this year, the Biden Administration unveiled its goal to have 30 gigawatts (GW) of offshore wind power installed and in development in the U.S. by 2030.
Will Roberts joined Seattle-based Foss Maritime in 2017 as chief commercial officer, and in 2018 he was named chief operating officer. Prior to joining Foss, Roberts held a number of leadership roles for marine systems and services provider Rolls-Royce, rising to senior vice president, customer and services–Americas. A U.S.
The decades long mystery of a missing U.S. Coast Guard Ship has finally been solved. U.S. Revenue Cutter (USRC) Bear, lost at sea in 1963, has been found on the seafloor about 90 miles south of Cape Sable, Nova Scotia, NOAA Rear Adm. Nancy Hann announced Thursday.Widely considered one of the most historically significant ships in American history, Bear was purchased by the U.S.
“30 by 30” is the rallying cry for all concerned with the burgeoning U.S. offshore wind business. In Spring 2021, the Secretaries of Energy, Interior and Commerce resolved to deploy 30 gigawatts (GW) of electricity generated from offshore turbines by 2030. Consultants McKinsey, in a recent article frame the value proposition for this clean fuel source
The 210,000-dwt ton capesize bulker Cape Brolga has been delivered from Japan Marine United Corporation's Tsu shipyard to Kawasaki Kisen Kaisha, Ltd. (“K” Line).The newbuild will carry iron ore and coal for JFE Steel Corporation under a long-term consecutive voyage charter contract.
Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts later this year, its owners said on Wednesday.The senior debt financing allows the project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, to mobilize its contractors and suppliers to begin work, the companies said.
A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen by Reuters on Thursday said.Durban, the busiest shipping terminal in sub-Saharan Africa, was also affected, three sources with direct knowledge of the matter told Reuters.Cape Town Harbour Carriers Association said in an email to members
The U.S. Coast Guard medevaced a man from the CL Yingdu tanker, around 223 miles southeast of Cape Hatteras, North Carolina on Saturday. Watchstanders from the U.S. Coast Guard Fifth District command center received notification that a man aboard the CL Yingdu (Ex-Maersk Tianjin) was suffering from an eye injury and needed medical attention. The command center consulted with a U.S.
Vineyard Wind on Friday announced a deal to use union labor to help construct what will become the nation's first major offshore wind project off the Massachusetts coast near Martha's Vineyard.The labor agreement with the Southeastern Massachusetts Building Trades Council covers 500 jobs, most of which will go to local workers, the company said in a statement.
The Australian Department of Defense will order an additional two Evolved Cape-class Patrol Boats (ECCPB’s) for the Royal Australian Navy from shipbuilder Austal for $124 million. The two new vessels are in addition to the six Evolved Cape-class Patrol Boats that are currently being delivered by Austal Australia for the Royal Australian Navy.