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 July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Odfjell Drilling in Tighter 2Q North Sea Market

Odfjell Drilling reports second quarter 2014 financial results showing a profit of US$29-million. Profit & loss Q2 2014 Operating revenue for Q2 2014 was USD 272 million (USD 289 million),

Brazil AHTS Contract Breakthrough for Havyard

Havyard says it is to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazilian

EOC Takes Full Ownership of OSVs

On 26 August 2014, EOC Limited agreed to acquire 50% of the entire issued share capital of Lewek Antares Shipping Pte. Ltd. (the "Target") , a company incorporated under the laws of Singapore,

LNG

Policy Uncertainty Threatens to Slow Renewable Energy Momentum

IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term. The

SHIPPINGInsight Extends Early-bird Registration

SHIPPINGInsight 2014 is extending the deadline for early-bird registration to Sept. 15. Attendees registering online at www.shippinginsight.com/choose-event prior to midnight Sept.

LNG Finalizes Acquisition of Bear Head LNG Project

Liquefied Natural Gas Limited today informed having finalised the acquisition of 100% of Bear Head LNG Corporation (BHLC). This follows the announcement

Arctic Operations

Rosneft Restores Meteorological Observations System in Kara Sea

As part of a large-scale summer Arctic research expedition "Kara-Summer - 2014" a meteorological station was installed that meets the latest modern requirements for such equipment,

Warming Aids Arctic Economies, but Short of 'Cold Rush'

Climate change is aiding shipping, fisheries and tourism in the Arctic but the economic gains fall short of a "cold rush" for an icy region where temperatures are

Unmanned Aircraft Makes USCG Icebreaker Landing

Coast Guard and National Oceanic & Atmospheric Administration researchers report the successful landing of an unmanned aircraft system on the flight deck of Coast Guard Cutter 'Healy',

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar
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: 0.2652 sec (4 req/sec)