NOIA President Randall Luthi, issued a statement on Statoil’s decision to exit the Alaskan Arctic, calling the departure “disappointing” yet “understandable” due to a tough economic and regulatory climate. The Norwegian oil major said on Tuesday it will pull out of Alaska as its exploration leases in the Chukchi Sea no longer looked competitive. "Statoil's decision to withdraw from the Alaskan Arctic is disappointing yet understandable given current tough economic and regulatory conditions,” Luthi said. “These are challenging times for the oil and gas industry with continued low commodity prices making for hard choices, and I know this was a difficult one for Statoil. The company has a substantial investment in the U.S. Arctic and had hoped to become a producer of both energy and economic growth there for Alaskans and for our nation.” "Hopefully, another company will step in to fill the void left by Statoil,” Luthi continued, “but given the harsh economic climate and the difficulty obtaining lease extensions, the outlook is rather bleak.”
No Alaskan crude oil has been exported outside of the United States since 2004. Genscape Vesseltracker monitoring data showed that a cargo of Alaskan North Slope crude was loaded Sept. 26 at the Alaskan port of Valdez for delivery into the South Korean refining center of Yeosu, says a Genscape blog post. The U.S.-flagged tanker, Polar Discovery, is reported to have sailed from the ANS export terminal at Valdez, Alaska, for east Asia
National Steel and Shipbuilding Company (NASSCO) held a keel laying ceremony for the Alaskan Frontier, the first of four Alaska Class, double-hull oil tankers being built under contract. Robert McRae, BP’s NASSCO Site Team Manager, welded his initials into the keel to signify the start of construction. On the day of the ceremony, NASSCO erected the first structural block of the Alaskan Frontier.
National Steel and Shipbuilding Company (NASSCO, www.nassco.com), a wholly owned subsidiary of General Dynamics, has joined BP p.l.c. in naming the Alaskan Explorer, the second of four Alaska-class double-hull oil tankers being built for BP Oil Shipping Company, USA. Maureen Hayward, spouse of Tony Hayward, Group Chief Executive of Exploration and Production for BP, was the ship's sponsor, officially naming the Alaskan Explorer and striking a ceremonial bottle of champagne across the ship's
More than three decades ago, marine scientists in the United States first identified the need for a research vessel capable of bringing scientists to Alaska’s icy northern waters. The University of Alaska Fairbanks has announced its intent to award a $123m contract that will meet that need. The university has selected Marinette Marine Corporation of Marinette, Wis. to build the 254-ft Alaska Region Research Vessel.
Russian President Vladimir Putin's Arctic expansionism is a challenge the U.S. must answer with icebreakers, ports, and territorial claims of our own, Lt. Governor Mead Treadwell said today. Treadwell spoke this morning at the 34th Annual U.S.-Russia Forum in Washington, DC, on a panel focusing on foreign policy issues between the two nations. Speaking just after Russia's Ambassador to the U.S., Sergey Kislyak, kicked off the program on foreign policy issues between the two nations
Totem Ocean Trailer Express (TOTE) of Anchorage, Alaska, has come to an agreement with National Steel and Shipbuilding Company (NASSCO) for the construction of two RoRo vessels for its Alaska service. Measuring 839 ft. (255.7 m), the vessels are scheduled for delivery during late 2002. According to Robert P. Magee, TOTE's president and CEO, "This $300 million private investment will further commitment to Alaskans well into the next century by enhancing Alaskan job opportunities on our vessels
The Port of New Bedford says it has released its 6-pronged plan to revive its historic groundfishery and modernize the port. Details as follows: According to the New Bedford Harbor Development Commission’s (HDC) "Groundfish Port Recovery and Revitalization Plan for the Port of New Bedford and Fairhaven," the region’s groundfish fishery stands to improve if fisheries scientists and managers apply similar video survey technology as that which helped revive the
The Indonesian Ministry of Maritime Affairs and Fisheries has announced plans to develop five maritime technology parks to improve fisheries-based business in Indonesia, says The Jakarta Globe. The areas set for development — dubbed Technoparks for Maritime Affairs and Fisheries, or TPKP — have been announced as the Natuna Islands in Riau Islands province; Simeulue district in Aceh; Sangihedi Islands district in North Sulawesi; Western Southeast Maluku district in
Recent changes to EU fishing and seafood legislation means that the financing of fishing operations reliant on overexploited stocks, or the use of destructive or unselective methods will prove a high risk to investors, Greenpeace warned today. The newly published Greenpeace briefing “Risky Business - Why Smart Investors Must Avoid Unsustainable Seafood Operations” outlines how a culture of overfishing
Krill Systems Inc., leader in advanced Vessel Fuel Measurement and Monitoring Systems (VFMMS), installated and conducted sea trial on-board the NOAA Ship Reuben Lasker. The NOAA Ship Reuben Lasker is the fifth in a series of Fishery Survey Vessels (FSV) and one of the most
Willard Marine, Inc.was awarded a contract by the National Oceanic Atmospheric Administration (NOAA) to produce a 20’08” rigid hull inflatable boat for the Pacific Island Fisheries Science Center (PIFSC) to facilitate their fisheries and marine mammal research in the Pacific region
South Korea’s government is discussing whether to merge or sell Hanjin Shipping and Hyundai Merchant Marine in an attempt at state-led industrial restructuring. But the two lines in question belong to different container alliances
Norwegian oil major Statoil said on Tuesday it will pull out of Alaska's Chukchi Sea, just weeks after Royal Dutch Shell abandoned the treacherous waters there after spending billions on oil exploration work. The latest pullback comes as oil companies slash spending on expensive offshore
U.S. Jones Act carrier TOTE announced it has shifted operating companies Totem Ocean Trailer Express and Sea Star Line, respectively serving the Alaskan and Puerto Rican/Caribbean markets. Going forward, the companies will be known collectively as TOTE Maritime.
A Blyth Workcat patrol boat nearing completion for the Kent and Essex Inshore Fisheries Conservation Area (KEIFCA) has become the first vessel in the UK to be treated with Duplex fouling release. The silicone coating is manufactured by Fuji Smart Surfaces and was chosen by KEIFCA for its
National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement regarding Shell’s decision to halt exploration activities offshore Alaska: “NOIA commends Shell’s efforts in the Chukchi Sea and recognizes the great expense
Sea ice in the Arctic is still too thick for Northwest Passage commercial shipping route in spite of warming temperatures. This is according to new research from York University. Despite climate change, Arctic sea ice remains too thick and treacherous, says the study
Transas ECDIS has been selected for installation on board 20 surveillance vessels under operation of the Directorate General of Marine Resources and Fisheries Surveillance, Ministry of Marine Affairs and Fisheries (PSDKP – KKP), Republic of Indonesia.
Indonesian and Australian authorities have signed an agreement to combat illegal, unreported and unregulated (IUU) fishing and to promote sustainable fisheries governance across the region. The Ministry of Maritime Affairs and Fisheries has signed a cooperation agreement with the
Korea and Denmark both have ambitious national plans for a transition to greener and more energy efficient economies. The Danish-South Korean Green Growth Alliance met for roundtable talks. The Minister for Business and Growth’s meeting with the South Korean Minister of
The Danish-South Korean Green Growth Alliance met for roundtable talks yesterday. The Minister for Business and Growth's meeting with the South Korean Minister of Oceans and Fisheries is important for further developing the close co-operation.
JMS Naval Architects will complete the Contract Design Package next month of a 93-foot research vessel for Virginia Institute of Marine Science to replace its current research vessel, R/V Bay Eagle. A solicitation will be issued to shipyards by the end of the year.
National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement regarding the Interior Department’s decision to cancel two offshore Alaska lease sales and deny requests to extend current Alaska offshore leases:
The Obama administration has taken steps to keep drill rigs out of Alaska's northern ocean for a decade or more. The sudden of turnabouts is attributed to slowing down of economy. The U.S. Department of Interior announced that it is canceling two lease sales and will not extend current leases for