US natural gas futures held steady on Tuesday as bearish forecasts for milder weather and less demand over the next two weeks than previously expected offset a bullish drop in daily output to an eight-month low.Front-month gas futures for November delivery on the New York Mercantile Exchange (NYMEX) rose 0.2 cent, or 0.1%, to $3.169 per million British thermal units.
US natural gas futures held near a two-week high on Thursday as a bigger-than-expected storage build last week offset the drop in output in recent days as energy firms reduced flows on offshore Gulf of Mexico pipelines ahead of Hurricane Isaias.Front-month gas futures for November delivery <NGc1> on the New York Mercantile Exchange fell 1.1 cents, or 0.3%, to $3.
Northwest Florida has long been defined by its connection to the water. Home to Naval Air Station Pensacola, the Port of Pensacola and a growing network of marine manufacturers, defense contractors and emerging technology companies, the region is an important center for maritime innovation.
New analysis from Sofar Ocean finds that widely used marine forecasts can miss wave conditions associated with dangerous vessel rolling and cargo losses.Most forecasts tell ships how high waves will be, but height alone doesn't identify the impact on a ship. Wave period and direction, together with the vessel's heading, speed, and loading
U.S. natural gas futures rose to a near four-week high on Wednesday, supported by forecasts for hotter weather and firm oil prices, while investors awaited a federal storage report due this week. Front-month gas futures for September delivery on the New York Mercantile Exchange rose 9.6 cents, or 3.5%, to $2.87 per million British thermal units, their highest level since July 24.
The U.S. Coast Guard coordinated the rescue of 22 crew members from the Marshall Islands-flagged vehicle carrier Min Jiang Kou after the ship experienced a fire approximately 630 miles south of Costa Rica on Thursday.At 1:09 p.m., Coast Guard Southwest District watchstanders received an Inmarsat distress alert indicating an engine room fire onboard.
NOAA-supported scientists announced that this year’s Gulf of America hypoxic zone is approximately 1,332 square miles, making it the 2nd smallest zone on record in 40 years of measurement. Hypoxic areas, also called “dead zones,” are areas with little to no oxygen in the water, which can negatively impact fish, shellfish
U.S. natural gas futures fell about 4% to a six-week low on Thursday on expectations gas flows to liquefied natural gas (LNG) export plants will remain low through late August due to planned maintenance at Freeport LNG's plant in Texas, and after the release of a federal report showing last week's storage build was much bigger than expected.
Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The solution supports improved wastewater management while contributing to protection of the marine environment by capturing fats, oils
The American Association of Port Authorities (AAPA) Board of Directors announced the appointment of Sang Yi as President and Chief Executive Officer (CEO), effective May 4.Most recently, Yi served as Deputy Administrator of the U.S. Department of Transportation’s Maritime Administration (MARAD), where he oversaw key programs supporting the nation’s commercial and strategic maritime infrastructure.
Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr.
ABS hosted the second edition of the Middle East Women in Maritime Summit at the Address Dubai Mall, gathering more than 150 industry professionals to celebrate the expanding role of women in the region’s maritime sector.Themed “Advancing Women in Maritime – Challenges and Opportunities