The ocean sector finds itself in a critical moment, especially as the demand to decarbonize grows. Though long-haul is still the biggest emitter in the maritime industry, the need to decarbonize smaller commercial and coastal vessels, including cruise ships, passenger ferries, platform supply vessels (PSVs), offshore service vessels (OSVs), and research ships, is on the rise.
When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana."I was grabbing tags specifically to look at the country of origin and it was China, China, China, China, China, China
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.
The hull of the first TWIN X-STERN Commissioning Service Operation Vessel (CSOV) for BS Offshore arrived Ulstein Verft on 18 December 2024. This milestone marks the start-up of the outfitting for Yard Number 320 at Ulstein Verft.Ulstein Verft welcomed BS Offshore back at the shipyard. This will be their first ULSTEIN SX222 CSOV.
Federal funds to upgrade aging docks to accommodate ultra-large vessels and expand economic benefits to region.The Port of Oakland was awarded approximately $50 million from the U.S. Department of Transportation Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at the Outer Harbor.
Chelsea Pettengill has been selected to serve as interim Executive Director Maine Port Authority (MPA), taking over for Matthew Burns, who has decided to leave his position at the helm of the MPA to return to the Maine Department of Transportation in a new role.Beginning on September 23, Burns became the Deputy Director of MaineDOT's Office of Freight and Business Logistics.
The smart phone “Bollard Pull Calculator” app produced by Captain M. Baykal Yaylali some four years ago has now been updated and expanded in function.The required tug power and number of tugs needed in variable wind and current currents is typically an assessment made by pilots based on their professional experience.
Austal USA, a U.S. shipbuilding subsidiary of Australia's Austal Group, announced it has named Mark Santamaria as its new chief financial officer (CFO).“Mark’s extensive background in government and commercial contracting environments is a valuable asset to Austal USA,” stated Austal USA president Michelle Kruger.
EH Group said its EH Fuel Cell System TRACE-M250, designed for high power and maritime applications, has been awarded approval in principle (AIP) following an assessment by classification society DNV to confirm that the fuel cell design meets all the applicable maritime rules, regulations, codes and standards.
Marine electric propulsion systems and services company ePropulsion announced it has established a new commercial marine business unit.Established in 2012 at the Hong Kong University of Science and Technology, ePropulsion has gone on to expand into the commercial marine sector, offering both electric and hybrid system integration solutions for applications ranging from 50 kW to 1000 kW.
The State University of New York (SUNY) Maritime College announced it has promoted Danielle “Danny” Robinson as its new Dean of Admissions, effective June 20, 2024.Robinson, who has been with the college since 2015, was previously Senior Associate Director of Admissions and had been serving as Interim Dean of Admissions from February 2024.
Luke M. Reid has joined Blank Rome as a partner in the firm’s Maritime group and as a member of the Transportation industry team in the Boston office. A former U.S. Coast Guard officer, Reid advises clients in connection with all aspects of international and domestic maritime regulatory compliance, as well as representing maritime clients in connection with government investigations