Erik Milito, president of the U.S. National Ocean Industries Association, said this week that the U.S. government's decision not to hold offshore oil and gas lease sales in the Gulf of Mexico and Alaska’s Cook Inlet was expected, but also "devastating to Americans.""This decision is not surprising at all.
The U.S. will hold a wind energy auction for two lease areas offshore the Carolinas on May 11, the U.S. Department of the Interior said Friday, as the Bureau of Ocean Energy Management (BOEM) has completed its environmental review.The lease areas cover 110,091 acres in the Carolina Long Bay area that, if developed, could result in at least 1.
Classification society Lloyd’s Register (LR) said it has awarded Approval in Principle (AIP) to Norwegian ship owner Egil Ulvan Rederi AS for its zero-emission self-discharging hydrogen-fuelled bulk carrier, With Orca. The vessel is planned to enter into a long-term transport contract with cargo owners Felleskjøpet Agri and Heidelberg Cement.With Orca will be fully zero-emission in all operations.
Classification society and assurance provider DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for its new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for use in floating wind farms and for off-grid applications including temporary electrification of oil and gas installations in harsh environments.
A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration failed to properly account for the auction's climate change impact.The decision has cast uncertainty over the future of the U.S. federal offshore drilling program
Singapore has held onto its spot atop the list of the world's best maritime cities, according to a recent report from classification society DNV and Menon Economics.The 2022 edition of the Leading Maritime Cities (LMC) report launched Thursday provides fresh insights into which global hubs offer the best infrastructure, technology, finance, and world-class talent
Norwegian shipbuilding and design group VARD announced it has secured a contract to build the world's largest superyacht.At 33,500 GRT, with a length of 222 meters and a beam of 27 meters, the $600 million superyacht Somnio was unveiled Monday as the first ever residential "yacht liner", featuring 39 luxurious apartments for a select, secret group of ultra-wealthy travelers.
The U.S. National Ocean Industries Association (NOIA) on Wednesday released the policy paper, Carbon Capture, Use, & Storage: An Economic, Employment, & Climate Opportunity for the U.S Offshore Region, where it says that while the U.S. Gulf of Mexico offers "remarkable emissions reduction opportunity here at home," the industry needs certainty and predictability in the regulatory system.
Erik Lewenhaupt will take over as CEO of Concordia Maritime on January 1, 2022, succeeding Kim Ullman, who informed the Board his wish to step down as CEO and retire.Lewenhaupt has a long track record in tanker shipping. He started his tanker career at Nordström & Thulin in 1996, and was later recruited to Stena Bulk, where he was tanker chartering manager in both Gothenburg and Singapore.
SunStone Ships announced the successful launch of itts fifth, Infinity-Class Vessel, Ocean Odyssey.The series is an interesting one as it was started wiith the goal of melding European design and Chinese shipbuilding.“We are very pleased with the high quality, design solutions and equipment packages," said Niels-Erik Lund, SunStone CEO.
Norwegian shipowner Wallenius Wilhelmsen said it has taken delivery of Nabucco, the fourth and final vessel in a series of new high-efficiency RoRo (HERO) car carriers.The highly efficient post-Panamax vessels, built by China's Tianjin Xingang Shipbuilding, are each 200 meters long, with capacity of a LCTC and capability similar to a Mark IV.
Canadian naval architecture firm Robert Allan Ltd. has unveiled a methanol-fueled RAptor 2400 crew transfer vessel (CTV), bringing the offshore wind industry closer to eliminating carbon emissions from the supply chain.As a marine fuel, methanol provides emissions benefits that are similar to natural gas when it comes to reducing CO2, NOx, SOx and particulates