President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in pledged investments in domestic fossil fuels.The projects, one in the Atlantic and one in the Pacific, are managed by Ocean Winds, a joint venture between France's ENGIE and Portugal's EDP Renewables.
When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the key to reopening the global energy market.The letter, sent to Saudi oil buyers around the world, said they might receive oil from the Red Sea, but they might still get it from the Gulf.
Seatrium delivered FREDERICK PAUP to Manson Construction Co. Built at Seatrium’s Brownsville Texas yard, the Jones Act-compliant vessel is the largest self-propelled hopper dredger in US history.Key highlights:Largest in the U.S. – 420’ length x 81’ beam, with a 15,000+ cubic yard hopper capacityPowerful and Agile – Self-propelled with 25,000 horsepower, triple azimuthing stern drives
Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U.S. port fees on Chinese ships, the ministry said on Friday.
Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%. That cost increase on goods from the nation's No.
India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in the Middle East curtailed shipping and halted Qatari output.Government officials and company executives in Japan, Taiwan
The Daniamant DanEI-300 electronic inclinometer has achieved IMO Wheelmark (Marine Equipment Directive) approval, becoming the world’s first electronic inclinometer certified to meet IMO carriage requirements for container ships and bulk carriers.The approval confirms that the DanEI-300 complies with the requirements of Directive 2014/90/EU (MED) for Electronic Inclinometer Equipment
Bureau Veritas Marine & Offshore (BV) announced the launch of its Gas Center of Excellence in Doha, Qatar, strengthening its commitment to supporting the continued growth of LNG and gas projects worldwide. The Center brings together BV’s expertise in gas carrier operations, classification, and regulatory compliance to deliver integrated, future-ready support across the gas value chain.
Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure, expanding its offshore asset portfolio in Southeast Asia.The Suksan Salamander FSO is currently deployed on the Bualuang oil field offshore Thailand, which is operated by Medco Energi Thailand.
Delfin Midstream has extended a letter of award with Samsung Heavy Industries (SHI) and placed orders for critical liquefaction equipment, as the company moves toward a final investment decision on the first floating LNG vessel for its Delfin LNG project.The U.S.-based developer said the extension of the letter of award with SHI follows early engagement work carried out in recent weeks and comes
15,000 cu. yd. Hopper Dredge = “the Cookie Monster” of Beach ReplenishmentManson Construction Co.’s Frederick Paup is the largest Trailing Suction Hopper Dredge in the United States. Designed and built specifically to meet the needs of the U.S. dredging market, she boasts 25,000 HP and volumetric capacity of over 15,000 cubic yards.
A landmark moment in Gulf Coast industry was celebrated today with the christening of Creole King, a state-of-the-art barge-mounted stevedoring crane, at the Port of Iberia.Operated by Cooper Consolidated and assembled by E-Crane’s Gulf Coast Service team, the Creole King represents a technological and environmental leap forward for midstream cargo operations.