The Biden administration on Wednesday said it will fund $14 billion in projects to improve the country's ports and waterways in an effort to increase climate resilience, improve drinking water sources and bolster the U.S. supply chain.The funds, for fiscal year 2022, target more than 500 projects in 52 states and territories, including Florida's Everglades and the Port of Long Beach in California
The Biden administration on Friday took a procedural step towards holding an auction for oil and gas drilling rights in the Cook Inlet off the coast of Alaska next year.The move is the latest effort by the U.S. Department of Interior to comply with a court order to resume oil and gas lease sales that President Joe Biden paused shortly after taking office in January.
President Joe Biden intends to nominate Ann Phillips to serve as Administrator of the U.S. Maritime Administration (MARAD) at the Department of Transportation (DOT), the White House announced Thursday. The position has been vacant since Mark Buzby resigned from the role in the wake of the insurrection at the U.S. Capitol in January.If confirmed, Phillips, a retired U.S.
The United States plans to hold up to seven offshore wind auctions in the next four years and will extend its ambitions to areas that have yet to be developed such as off the coast of California and in the Gulf of Mexico, a Biden administration official said on Wednesday.The announcement comes as the administration is looking to bolster the nascent industry as part of a plan to address climate
Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts later this year, its owners said on Wednesday.The senior debt financing allows the project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, to mobilize its contractors and suppliers to begin work, the companies said.
The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Mexico auction as soon as October, court papers showed.The move comes two months after the U.S Interior Department first said it would comply with a June 15 federal judge's order blocking its months-long pause in oil and gas leasing on
Eastern Shipbuilding Group, Inc. (ESG) announced it has completed the first of three new Staten Island “Ollis Class” ferries for the City of New York Department of Transportation (NYCDOT) Staten Island Ferry Division. The MV SSG Michael H. Ollis, Hull 219, departed ESG’s Port St. Joe, Fla. facility fully certified and passenger ready.
A diesel cargo sent by Mexico's state-run Pemex [was] due to arrive in Cuba's Havana port on Monday, according to Refinitiv Eikon data and sources, after Mexican President Andres Manuel Lopez Obrador promised humanitarian aid to the Communist-run island, [Reuters reported Monday.]The Jose Maria Morelos II, a tanker owned and managed by a Pemex unit
Vineyard Wind on Friday announced a deal to use union labor to help construct what will become the nation's first major offshore wind project off the Massachusetts coast near Martha's Vineyard.The labor agreement with the Southeastern Massachusetts Building Trades Council covers 500 jobs, most of which will go to local workers, the company said in a statement.
President Joe Biden will soon order U.S. transportation agencies to crack down on anti-competitive conduct and unjust fees in the rail and sea shipping industries to try to lower costs to consumers, the White House said on Thursday.It said his executive order is aimed at the Federal Maritime Commission (FMC) and the Surface Transportation Board (STB).
The Biden administration is expected to name as early as Friday the companies it believes are helping build Russia's Nord Stream 2 pipeline, five sources said, a move that could eventually prompt sanctions on the nearly-completed project.The State Department report to Congress, which may come on Friday
Joe Hudspeth is the Director of Business Development for Global Marine at BAE Systems in Endicott, N.Y. BAE Systems offers complete, efficient propulsion and auxiliary power systems utilizing electric technology. Hudspeth has been involved with maritime sales, marketing and product development since 2000.