UC San Diego’s Scripps Institution of Oceanography issued a request for proposals (RFP) to select a shipyard for the final design and construction of its new 163-ft. Coastal Class Research Vessel (CCRV), reportedly the first oceanographic research ship to primarily operate on renewable fuels.
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation in the oil industry in decades.
Star Bulk Carriers Corp. on Tuesday announced that it has completed its merger with fellow dry bulk shipping company Eagle Bulk Shipping Inc.Eagle Bulk shareholders this week voted to approve the $2.1 billion deal, which was first announced in December 2023.Under the terms of the merger agreement, each Eagle shareholder received 2.
In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration
The U.S Coast Guard on Wednesday suspended operations at the offshore energy services hub Port Fourchon, Louisiana, as hurricane Francine bore down on the coast, according to a shipping advisory.The temporary closure of Port Fourchon, home to marine and equipment suppliers to offshore oil producers, follows the suspension of marine traffic at the deepwater Louisiana Offshore Oil Port (LOOP)
There are many forces pushing stakeholders across the global maritime industry to decarbonize.In the U.S. inland waterways, regulations aren’t one of the main drivers—at least not at the moment, according to Mike Complita, principal and vice president of strategic expansion at Elliott Bay Design Group, a naval architecture firm.
The first-ever American-built, owned, and crewed offshore wind service operations vessel (SOV) was christened during a ceremony on Saturday in the Port of New Orleans.Edison Chouest Offshore's (ECO) recently completed ECO Edison will play an integral part of the operation and maintenance of Ørsted and Eversource’s South Fork Wind, Revolution Wind and Sunrise Wind projects as the U.S.
Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country's energy minister Stuart Young said on Friday on social media.Venezuela in July issued a 20-year license allowing the development of its side of the reservoir, the Cocuina field. The U.S.
Works began today on a new state-of-the-art production facility for capacity expansion for HamiltonJet, the New Zealand manufacturer of marine propulsion technology. This morning’s groundbreaking ceremony was held on site in Lunns Road, Christchurch.HamiltonJet has over 70 years of experience designing and manufacturing waterjet propulsion systems.
New Zealand-based HamiltonJet has unveiled its new fleet monitoring solution, Overwatch, designed to provide shore-side staff with detailed multi-vessel information in real-time, delivering operational efficiencies and increasing levels of safety for crew and passengers.The platform has been four years in the making - two years development
U.S. liquefied natural gas (LNG) exporter Venture Global LNG must refile emissions data for its Calcasieu Pass 2 plant construction permits, regulators said on Wednesday.The Alexandria, Virginia-based LNG developer had not included the impact of tanker and support vessel emissions in its recently revised filing, the Federal Energy Regulator Commission (FERC) said.
Maritime Partners,a Louisiana-based provider of maritime financing solutions primarily focused on Jones Act vessels, announced the addition of Stephen J. Bordes and Greg Chase to its executive leadership team.Bordes joins Maritime Partners as its chief financial officer, and Chase as as the firm’s chief legal officer.