2013 in Review: LNG, the Arctic, Infrastructure and Beyond

Joseph Keefe
Monday, January 06, 2014
Joe Keefe

The month of December is typically when we look back to see what went right, what didn’t and how our prognostications for the previous 11 months look, all roiled together in our muddy wake.

 

In the interests of transparency, I looked back on this very same column, penned exactly one year ago. Unbelievably, some things didn’t happen as I envisioned. That said; some predictions held true, and then some. Why that happened is probably more important, and another topic altogether.

 

LNG, offshore wind and the Arctic: I predicted big things for all three sectors. With the benefit of 20/20 hindsight, it is clear that offshore wind, at least on this side of the pond, is still deeply mired in red tape. MarineNews contributor Joe Hudspeth’s September column entitled, “Waiting for the Windfall,” surely described it much better than I ever could. We think it has to come, eventually, but often, we’re not aware of what we don’t know. I think that adage aptly describes the prospects for offshore wind in American waters today.

 

LNG? It roared early into our collective worlds and today, it continues to plow forward on all fronts, with the proverbial bone in its teeth. As for the Arctic, what seemed like a sure bet quickly faded to a back page footnote, despite the long awaited unveiling of the Coast Guard’s Arctic Strategy document in May. In January, we’ll revisit the Arctic (again) to see what went wrong, why, and where we might go next. Its future as an energy hub, in the face of a red hot boom in the lower 48, remains in doubt. The hiatus in action perhaps gives the regulatory and response community just a little more time to get into better position for what could come next.

 

The other big story for 2013, especially in terms of the inland commerce picture, had to be the intense focus on the rapidly deteriorating infrastructure of our waterways. Appropriately then, we finish with a marine construction story that gives clarity to an otherwise obscure, but critically important sector of our marine industry. It begins on page 44 of this edition. As 2013 winds to a close, the Water Resources Reform and Development Act WRD(D)A bill inches its way through the halls of Congress, hopefully to someday yield many similar success stories.

 

Circling back to present day, this edition also highlights innovation in the market place in any number of sectors – cutting edge maritime security solutions, better methods of delivering products and services and a raft of other interesting and high tech entries to the marine marketplace. So, if 2013 disappointed some in the offshore wind and Arctic frontiers, it certainly made up for it terms of the numbers and quality of innovative technologies introduced to the domestic waterfront.

 

The final edition of the year is also a time to look ahead. And, right about now you are probably looking for my predictions for the coming 12 months. That’ll come in January. See you then.


(As published in the December 2013 edition of Marine News - www.marinelink.com)
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Hofste, Montijn Nominated to Supervisory Board Fugro

Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board

Oil Platform Ablaze in the Gulf of Mexico

Fire broke out on an unmanned oil platform in the Gulf of Mexico approximately five miles south of Port Fourchon, La., the Bureau of Safety and Environmental Enforcement (BSEE) reported.

Subsea Crane Takes a Long Journey

Last September the test bed in Rostock was the stage of a single lift of the RL-K 7500 subsea crane. The same crane was then loaded and shipped to the South Korean customer.

LNG

Hofste, Montijn Nominated to Supervisory Board Fugro

Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board

Venezuela's PDVSA Debt rose 6.3%

Venezuelan state oil company PDVSA's consolidated financial debt rose 6.3 percent in 2014 compared with the previous year to reach $46.2 billion, the company said late on Friday,

Yamal LNG Inks Deal with Gazprom to Sell LNG in Asia

A trading subsidary of Russian gas producer Yamal LNG has signed a long-term supply contract with a trading subsidiary of Gazprom, under which liquefied natural

Arctic Operations

Irving Celebrates Canadian AOPS Build Contract

Government of Canada & Irving Shipbuilding mark signing of $2.3 billion AOPS build contract; 3,600 Jobs across Canada generated from Irving’s NSPS commitments to

Sanctions Dampen Traffic on Russia's Arctic Route

Often heralded as new shipping lane, Arctic shipments fall. Western sanctions on Russia are restricting the Arctic shipping route along its north coast to

Fishing Vessel Sinks Off Alaska

U.S. Coast Guard Sector Juneau personnel are responded to the sinking of the 80-foot fishing vessel Eyak approximately 13 miles south of Sitka Harbor, Monday.   Sector

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2089 sec (5 req/sec)