The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8)
The ocean sector finds itself in a critical moment, especially as the demand to decarbonize grows. Though long-haul is still the biggest emitter in the maritime industry, the need to decarbonize smaller commercial and coastal vessels, including cruise ships, passenger ferries, platform supply vessels (PSVs), offshore service vessels (OSVs), and research ships, is on the rise.
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.Former President Joe Biden supported the offshore wind industry, setting a target for 30 gigawatts (GW) of projects by 2030, up from 42 megawatts at the end of 2023
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.
The hull of the first TWIN X-STERN Commissioning Service Operation Vessel (CSOV) for BS Offshore arrived Ulstein Verft on 18 December 2024. This milestone marks the start-up of the outfitting for Yard Number 320 at Ulstein Verft.Ulstein Verft welcomed BS Offshore back at the shipyard. This will be their first ULSTEIN SX222 CSOV.
Esgian highlights news from TotalEnergies in its Week 40 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Aker BP consent to use the 492-ft jackup Noble Invincible for production drilling on the Tambar Øst (East) field offshore Norway.
Chelsea Pettengill has been selected to serve as interim Executive Director Maine Port Authority (MPA), taking over for Matthew Burns, who has decided to leave his position at the helm of the MPA to return to the Maine Department of Transportation in a new role.Beginning on September 23, Burns became the Deputy Director of MaineDOT's Office of Freight and Business Logistics.
The smart phone “Bollard Pull Calculator” app produced by Captain M. Baykal Yaylali some four years ago has now been updated and expanded in function.The required tug power and number of tugs needed in variable wind and current currents is typically an assessment made by pilots based on their professional experience.
Austal USA, a U.S. shipbuilding subsidiary of Australia's Austal Group, announced it has named Mark Santamaria as its new chief financial officer (CFO).“Mark’s extensive background in government and commercial contracting environments is a valuable asset to Austal USA,” stated Austal USA president Michelle Kruger.
Grove Heights, Minn. dredging and marine construction contractor LS Marine has been awarded a $31.7 million contract to support channel maintenance dredging in the Upper Mississippi River.The contract, awarded by the U.S. Army Corps of Engineers' St. Paul District on April 17, provides a minimum guarantee of $1.
SCHOTTEL said it will equip four new 1810-series ASD stock tugs from the Dutch Damen Group with the SCHOTTEL RudderPropeller type SRP 270. The new multipurpose tugs will have a bollard pull of 30 tonnes each and ensure excellent maneuverability with a compact size of just 18.25 meters in length and a beam of 10.23 meters.
Luke M. Reid has joined Blank Rome as a partner in the firm’s Maritime group and as a member of the Transportation industry team in the Boston office. A former U.S. Coast Guard officer, Reid advises clients in connection with all aspects of international and domestic maritime regulatory compliance, as well as representing maritime clients in connection with government investigations