A strike by 45,000 dockworkers halting shipments at U.S. East Coast and Gulf Coast ports entered its second day on Wednesday with no negotiations currently scheduled between the two sides, sources told Reuters.The lack of progress is raising concerns among those reliant on shipments that the disruption could be prolonged.
Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline expansion due to start up on Wednesday may only be around half what the Canadian government-owned corporation has forecast, traders and shipping sources said.The C$34 billion ($24.
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries, but its application for ammonia is relatively new.
R.W. Fernstrum & Company, founded by Robert W. Fernstrum 75 years ago, is a quintessential U.S. manufacturing story. The company was born in the aftermath of WWII, founded on an invention developed during the war by Robert Fernstrum to help solve an engine overheating problem that was plaguing U.S. Navy landing craft.
U.S. President-elect Donald Trump said on Monday that he is nominating former Wisconsin Representative and Fox Business News host Sean Duffy to be transportation secretary.If confirmed, Duffy will oversee aviation, automotive, rail, transit and other transportation policies at the department with about a $110 billion budget as well as significant funding that remains under the Biden
San Diego shipbuilder General Dynamics NASSCO recently christened USNS Robert E. Simanek (ESB 7), the fifth ship for the U.S. Navy’s Expeditionary Sea Base (ESB) program.The ESB ship class is a highly flexible platform designed to support multiple maritime-based missions. ESB ships are mobile sea-based assets and are a part of the critical access infrastructure that supports the deployment of
A new environmentally friendly electric ferry service is planned to launch in Halifax, Canada.The province of Nova Scotia, along with the federal government and Halifax Regional Municipality, announced on March 4 a joint investment to build the Mill Cove Ferry Service, which will include five fully electric ferries, two terminals and a maintenance facility.
This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract for the Transocean Barents will see it operate in the Black Sea, and jackup Shelf Drilling Perseverance will move to Vietnam.
SGX-listed Marco Polo Marine has signed a framework agreement with wind turbine maker Vestas, which finalizes the previous Memorandum of Understanding signed in December 2022 between its Taiwan-based subsidiary, PKR Offshore Co., Ltd and Vestas Taiwan Co., Ltd for the maiden deployment of its new Commissioning Service Operations Vessel (CSOV).
Montréal-based marine and environmental services provider LOGISTEC announced it has appointed Cleidy Liborio Fernandes as chief commercial officer.Liborio Fernandes brings her leadership skills in international business and strategic development to drive growth for the company’s marine services sector throughout North America, Latin America and internationally.