Forecasters on Thursday amped up their outlook for the U.S. Atlantic hurricane season, saying warm sea temperatures and the absence of a moderating wind shear portend a "well-above average" number of storms.Colorado State University researchers raised their estimate for tropical storms, hurricanes and major hurricanes by one apiece to 20, 10 and five, respectively.
Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.With U.S. LNG exports rising
New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11,000 miles, from Pennsylvania to Florida and from Texas to South Dakota.Consider the money within the U.S.
UK-based offshore wind turbine installation firm Seajacks, owned by Eneti, has revealed the names of the two next-gen offshore wind turbine installation vessels (WTIV) ordered last year by Eneti.The two new NG-160000X vessels will be known as Nessie and Siren, in line with the Seajacks tradition of naming vessels after mythological sea creatures.
The world’s seafarers are set to see their monthly minimum wages rise incrementally over the course of the next three years.The change is the result of a a resolution agreed by a subcommittee of the the International Labor Organization's (ILO) Joint Maritime Commission (JMC).The meeting agreed to raise the ILO minimum basic wage for an able seafarer to US$658 as of January 1, 2023.
Chinese shipyard CIMC Raffles on Friday delivered the world’s largest ice-rated multi-fuel ConRo vessel to Swedish shipowner Wallenius Sol. The first in a two-vessel series, Botnia Enabler is now sailing under the Swedish flag.The 27,000 dwt ship has a length of 242 meters, a beam of 35.
Guyana is in "no rush" to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a year-long drive to devise new rules for future output.The government of South America's newest crude oil producer said in 2021 it was planning a new agreement to revamp terms and boost royalties for future oil and gas projects.
Norwegian shipping firm Odfjell SE has appointed Harald Fotland as its new Chief Executive Officer (CEO). Fotland comes from the position as Odfjell's Chief Operating Officer, and will assume the CEO position on May 6, 2022."We are pleased to have an internal candidate take over the helm at Odfjell. The appointment was made after a process including external and internal candidates.
Like every sector of cargo and passenger shipping, “digitalization”—where computerized processes are replacing onboard routines previously handled manually— is an ongoing trend coastwise, on the waterways and harbors. Regulatory compliance, especially with Subchapter M for towing vessels
When it came time to replace their 50-year-old station vessel New York, the Sandy Hook Pilots Association thought long and hard, weighing their options to determine the best possible solution. They traveled the country, to Houston, San Francisco and up to the Columbia River, and even to Europe—the Elbe River in Germany and Rotterdam in the Netherlands—to ride with other pilots in search of an
U.S. energy company New Fortress Energy Inc said on Thursday it filed with federal regulators to build an offshore liquefied natural gas (LNG) export project off Louisiana that could enter service as soon as the first quarter of 2023.That is much faster than the usual two to four years it takes to build a land-based LNG plant and, if completed
Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange.As previously reported, in January this year, lenders took control of the company's vessels after a debt payment default, and decided to sell them and let go all the employees.