President James Earl "Jimmy" Carter passed away on December 29, 2024, at the age of 100.President Carter graduated from the U.S. Naval Academy in 1946 with distinction, after which he was assigned to USS Wyoming (E-AG 17) as an ensign. After completing two years of surface ship duty, Carter applied for submarine duty.
The developer of a major U.S. offshore wind project warned that it will cancel the Empire Wind facility off the coast of New York if it cannot reach a resolution over a stop-work order issued by the Trump administration in the coming days.Molly Morris, president of the U.S. renewable energy arm of Norway's Equinor, said the company was spending $50 million a week to keep the project afloat.
American Fan working with Ingalls Shipbuilding and other shipbuilders to provide ventilation fans for ten Flight III destroyersFairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded multiple purchase orders for its Ohio-based business unit, American Fan
Equinor’s Empire Wind 1 project in the United States has now secured a project financing package of over $3 billion, reaching a financial close at the end of December 2024.The expected total capital investments, including fees for the use of the South Brooklyn Marine Terminal (SBMT), are approximately $5 billion including the effect of expected future tax credits (ITCs).
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by four to 576 in the week to Jan. 24.
Bollinger Shipyards announced the delivery of the U.S. Coast Guard Cutter (USCGC) John Witherspoon at Coast Guard Sector Key West. This is the 58th Fast Response Cutter (FRC) delivered under the U.S. Coast Guard's current program and the 184th vessel built by Bollinger for the U.S. Coast Guard over a 40-year partnership and will be homeported in Kodiak, Alaska.
The keel for the future USS William Charette (DDG 130), an Arleigh Burke-class guided-missile destroyer, was ceremoniously laid on August 29 at General Dynamics Bath Iron Works (BIW) in Bath, Maine. The warship is scheduled for delivery to the U.S. Navy in 2026.Named after Medal of Honor recipient Master Chief Hospital Corpsman William R.