The Biden administration on Wednesday approved a waiver of U.S. shipping rules to address Puerto Rico’s immediate energy and other essential needs in the wake of a devastating hurricane.Homeland Security Secretary Alejandro Mayorkas said he approved "a temporary and targeted Jones Act Waiver" to ensure Puerto Ricans "have sufficient diesel to run generators needed for electricity and the
The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The announcement was the latest in the White House's push to bolster the nation's fledgling offshore wind industry as part of its climate-change agenda.
The busiest U.S. seaport expects August imports to begin easing from record highs as retailers cancel orders in the wake of shoppers' pulling back from freewheeling pandemic spending, the executive director of the Port of Los Angeles said on Wednesday.The Port of Los Angeles and the adjacent Port of Long Beach handle more imports from China than any other U.S.
The Biden administration on Thursday proposed auctioning five areas off the coast of California for offshore wind development, a critical milestone in expanding the nascent U.S. industry to Pacific waters.It is the latest in a government effort to put wind turbines along every U.S. coastline, with a goal of generating 30 gigawatts of power by 2030.
The Biden administration on Wednesday identified new areas for potential offshore wind development off the coasts of Oregon and several central Atlantic states, its latest step toward bolstering the nascent U.S. industry.Offshore wind is a key pillar of President Joe Biden's plan to fight climate change by decarbonizing the U.S. power sector by 2035 and the entire economy by 2050.
Russia's defense ministry on Friday confirmed for the first time that the crew of the missile cruiser Moskva suffered casualties when it blew up and sank last week, a report from RIA news agency indicated.Russia initially said all the ship's crew were evacuated after an ammunition blast triggered by a fire ripped through the Moskva, the flagship of its Black Sea fleet.
Long-serving marine, energy and industrial market consultancies International Maritime Associates and World Energy Reports have merged to form Intelatus Global Partners.While Intelatus is a new name, its team of business consultants has nearly five decades of experience across the entire maritime supply chain, producing multi-client analytical studies for sectors including offshore oil and gas
The Biden administration on Wednesday outlined a range of measures to speed the growth of clean energy on the U.S. power grid, including the government's largest-ever sale of offshore wind leases in waters off the coast of New York and New Jersey.The announcement, which seeks to advance President Joe Biden's ambitious climate change agenda
British and French officials traded blame on Wednesday after 27 migrants died when their dinghy deflated as they made a perilous crossing of the English Channel.The accident was the worst disaster on record involving migrants in the narrow seaway separating the two countries.The Channel is one of the world's busiest shipping lanes and currents are strong.
The White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was needed to ensure fair competition in a global shipping sector dominated by three alliances of ocean carriers.In a new blog, the White House National Economic Council said the Federal Maritime Commission (FMC), an independent agency
U.S. oil majors Exxon Mobil Corp and Chevron Corp were among the top buyers at a federal auction of oil leases in the U.S. Gulf of Mexico on Wednesday that generated more than $190 million - the highest since 2019.The auction was a boon for federal coffers, but a potential setback for the climate policies of U.S.
The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offshore lease sale since early 2019.The Department of Interior auction came days after the U.S.