Small shipyards in the U.S. are critical to the nation’s maritime operations and economic security. Typically family-owned and employing less than 1,200 workers, America’s small shipyards support more than 400,000 jobs, employ more than 100,000 Americans directly and contribute tens of billions in gross domestic product, according to the U.S.
The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn. Operators, service companies and equipment suppliers have been forced to adjust to oil selling at prices well below the $100+ per barrel mark seen in years past.
Anyone who has been around the Offshore Oil and Gas or the Marine industries for long has heard of plans for mining various minerals located on or just below the seafloor. In fact, when Howard Hughes built the Glomar Explorer in 1972, the cover story for its true mission – recovering a Soviet submarine - was that the rig would be used to mine manganese nodules from the deep ocean floor.
Boriana Farrar is a familiar face in maritime circles, the Vice President and Counsel and a Senior Claims Executive and Business Development Director for the Americas at the Ship Owners Claims Bureau, Inc. managers of the American P&I Club. We met with her in her NYC office to discuss her path from her native Bulgaria to a top maritime professional position.
Diverse and conveniently located, St. Johns Ship Building has quickly developed into a reliable partner for its many repeat customers. Today, and as a direct result, a lot more people know exactly where Palatka, Florida is located.On the St Johns River, just 60 miles south of Jacksonville, lies the sleepy town of Palatka, Florida.
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grants to support capital improvements at 28 U.S. small shipyards as a part of its Small Shipyard Grant program. The grants enable small shipyards to modernize equipment and processes to fuel future growth.
ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of "highly innovative Self-Elevating Drilling Units (SEDU)" for Silver Eagle Global.Silver Eagle, of Manama, Bahrain, says the self-propelled design is capable of working at greater water depths and in harsh environments.
Greg Butler was rushed to hospital with COVID-19 within days of getting home to self-isolate after being allowed off the Ruby Princess cruise liner in Sydney, one of more than 130 passengers who tested positive in Australia’s worst coronavirus outbreak.One of them, a woman, died earlier this week.The 56-year-old Butler had been holidaying with his partner, Robin Russ, who remains in isolation.
Vane Brothers said it has taken delivery of the second of four 3,000-horsepower push tugs being built by Chesapeake Shipbuilding Shipbuilders and Naval Architects in Salisbury, Md.The newbuild, Annapolis, has a design that is identical to the tug Salisbury, delivered in 2019. With a length of 94 feet, width of 34 feet, molded depth of 10.5 feet, and working draft of 8.
The American Club has released its latest loss prevention guidance, Bunkering – A Compendium, together with website access to a comprehensive approach to loss prevention initiatives demanded by new regulations and generally by supplying guidance on operations and management.The Compendium is intended to give guidance not only in respect of issues arising from the new MARPOL regulations coming
U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row as producers follow through on plans to cut spending on new drilling this year.Drillers cut 3 oil rigs in the week to Oct. 4, bringing the total count down to 710, the lowest since May 2017, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
“Weathering the Storm” salutes heroes of the sea in turbulent timesThe American Club and Eagle Ocean Marine (EOM) have produced a video entitled ‘Weathering the Storm’ which salutes the service of seafarers in these turbulent times as they seek to protect themselves in their vital work, at sea and in port, against the ravages of COVID-19.The video can be accessed here: https://www.youtube.