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Friday, April 19, 2024
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Jonathan Oatis News

19 Apr 2024

Corpus Christi Crude Oil Exports Up 6.9% in Q1

© brent coulter / Adobe Stock

The port of Corpus Christi, Texas, the top U.S. oil export hub, said it exported 6.40 million barrels per day of crude oil in the first quarter, up 6.9% from the same period a year ago.The U.S. Gulf Coast port handles more than half the nation's oil exports, benefiting from its pipeline ties to South and West Texas shale fields. Its volumes have risen along with shale oil production.Overall, the port has moved nearly 48.9 million metric tons of goods through the Corpus Christi Ship Channel in the first quarter.

15 Apr 2024

FBI Opens Criminal Probe Into Deadly Baltimore Bridge Collapse

(Photo: Ronald Hodges / U.S. Coast Guard)

The FBI said on Monday it opened a criminal probe into the collapse of a Baltimore bridge in March when a ship crashed into a bridge support, while local officials confirmed the recovery of a fourth body from the incident.FBI agents boarded the cargo ship Dali to conduct court-authorized law enforcement activity regarding the crash, an FBI spokesperson said. The spokesperson said there was no other public information available and the bureau will have no further comment.The body…

01 Apr 2024

Maryland Governor Urges Congress to Fund Bridge Rebuild

(Photo: Kimberly Reaves / U.S. Coast Guard)

With efforts underway to clean up thousands of tons of steel debris from the collapsed bridge in Baltimore's harbor, Maryland Governor Wes Moore on Sunday urged Republicans to work with Democrats to approve the federal funding needed for rebuilding the bridge and to get the port economy back on its feet.Baltimore's Francis Scott Key bridge collapsed early on Tuesday morning, killing six road workers, when a container ship nearly the size of the Eiffel Tower lost power and crashed into a support pylon.

25 Mar 2024

China Coastguard Uses Water Cannons Against Philippine Ships

(Photo: Philippine Armed Forces)

China's coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as "irresponsible and provocative".China's actions led to "significant damage" and injury to personnel on a civilian boat hired to resupply troops, the Philippine task force on the South China Sea said in a statement.The incident occurred in the Second Thomas Shoal and Spratly Islands waters, according to the Chinese coastguard.

14 Mar 2024

Hijacked Ship May Have Been Used in Attack near Somalia

Source: EUNAVFOR

Somali pirates who seized the Maltese-flagged bulk cargo ship Ruen in December may have used the vessel in the takeover of a Bangladesh-flagged cargo ship off the coast of Somalia two days ago, the European Union naval force said on Thursday.Somali pirates caused chaos in important global waterways for a decade leading up to 2018, but had been dormant until a resurgence of attacks starting late last year.If confirmed, Tuesday's attack from a confiscated ship would mark a return…

05 Mar 2024

Ukraine Says it Sunk a Russian Patrol Ship Near Crimea

(Photo: Ukraine Defense)

Ukrainian sea drones hit and sank a Russian Black Sea Fleet patrol ship off occupied Crimea in an overnight attack, the Ukrainian military said on Tuesday.Ukraine's GUR military intelligence agency said a special unit called Group 13 had fired Magura V5 maritime drones at the Sergey Kotov near the Kerch Strait, which connects the Sea of Azov to the Black Sea.It said on the Telegram messaging app that the vessel had sustained damage to the stern, starboard and port sides, at an estimated cost of $65 million."Right now this ship is on the seabed as a result of fire damage by unmanned boats…

24 Feb 2024

Houthis Target Torm Tanker

Source: Torm

Yemen's Houthis targeted MV Torm Thor, a U.S.-flagged, owned, and operated oil tanker, in the Gulf of Aden, the Iran-aligned group's military spokesman Yahya Sarea said on Sunday, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza.The group targeted the tanker with "a number of appropriate naval missiles," Sarea added in a televised speech.The U.S. Central Command (CENTCOM) said the USS Mason, a guided missile destroyer, on Saturday shot…

19 Feb 2024

Seafarers Can Refuse to Sail Through Red Sea as Houthis Step Up Attacks

© Alexey Seafarer / Adobe Stock

Seafarers have the right to refuse to sail on ships passing through the Red Sea in a new industry agreement as the situation escalates and further vessels are attacked by Yemen's Iran-aligned Houthis, a labor union and industry groups said on Friday.The Houthis have targeted commercial ships with drones and missiles in the Red Sea since mid-November in what they describe as acts of solidarity with Palestinians against Israel in the Gaza war.Seafarers remain in the firing line…

12 Feb 2024

US Spending $7 Million a Year to Maintain Yacht Seized from Russian Oligarch

Amadea (File photo: Sukkoria / CC BY-SA 4.0 DEED)

The U.S. government said it is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian oligarch, and urged a judge to let it auction the vessel before a dispute over its ownership is resolved.Authorities in Fiji seized the 348-foot (106-meter), $300 million Amadea in May 2022, pursuant to a U.S. warrant alleging it was owned by Suleiman Kerimov, a multibillionaire sanctioned by the U.S. Treasury Department in 2014 and 2018 in response to Russia's activities in Syria and Ukraine.Efforts to auction the yacht are being challenged by Eduard Khudainatov…

31 Jan 2024

Houthis Say They Targeted US Merchant Vessel

© Genya / Adobe Stock

Yemen's Houthis on Wednesday said their naval forces carried out an operation targeting an "American merchant ship" in the Gulf of Aden hours after firing missiles at U.S. Navy destroyer Gravely.They targeted the "American merchant ship KOI ... with several appropriate naval missiles," Houthi military spokesperson Yahya Sarea said in a statement.The Liberian-flagged container ship Koi is operated by UK-based Oceonix Services. The company's fleet includes the oil tanker Marlin Luanda…

24 Jan 2024

New Jersey Approves Two Giant Offshore Wind Power Projects

© Global Image Archive / Adobe Stock

New Jersey's utility regulator on Wednesday approved two offshore wind power projects with a combined capacity of 3,742-megawatts (MW) whose backers include Invenergy and TotalEnergies.The offshore wind industry is expected to play a major role in helping several states and U.S. President Joe Biden meet goals to decarbonize the power grid and combat climate change.But progress was slow last year after offshore developers canceled contracts to sell power in Massachusetts, Connecticut and New Jersey…

02 Jan 2024

Malta-Flagged Container Ship Reports Explosions Nearby

© Kalyakan / Adobe Stock

British maritime security firm Ambrey said on Tuesday that a Malta-flagged container ship reported seeing three explosions towards its port quarter, 15 miles (24 km) southwest of Yemen's Mocha.The vessel master was heard over VHF, calling a coalition warship, the firm added.Ambrey said it understood that three missiles had been fired from the direction of Yemen's Taiz Governorate.A nearby vessel reported seeing a small boat, about 50 metres (160 feet) in length, and with two lights…

21 Dec 2023

More Ships to Avoid Red Sea as Attacks Disrupt World Trade

© Björn Wylezich / Adobe Stock

German shipping company Hapag-Lloyd said on Thursday it was the latest company planning to avoid the Red Sea after attacks there by Yemen's Houthi group on merchant vessels, which have disrupted global trade and triggered a multinational naval action.Hapag-Lloyd said it would reroute 25 ships by the end of the year from the key waterway as freight rates and shipping stocks have increased because of the disruption. Avoiding the Red Sea and Suez Canal means following a far longer route around Africa.The Iran-aligned Houthis…

12 Dec 2023

Shell to Boost Production at Perdido's Oil Project

© Troy V Smith / Adobe Stock

Shell on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.The company, which operates the platform, said it will add three wells that are expected to produce up to 22,000 barrels of oil equivalent per day (boepd) at peak rates.

23 Nov 2023

Gulf of Mexico Oil Spill Shuts in Around 3% of Daily Output

Credit: US Coast Guard

Around 61,165 barrels of daily oil output from at least six producers, making up about 3% of crude oil production in the Gulf of Mexico, has been shut in by Third Coast Infrastructure's underwater pipeline leak, the U.S. Coast Guard said on Wednesday.The oil producers whose facilities are impacted include W&T Energy, Occidental Petroleum, Walter Oil and Gas, Cantium, Arena Offshore and Talos Energy Ventures, the Coast Guard said, citing the U.S. Interior Department's Bureau of…

17 Nov 2023

NY Offers New Offshore Wind Auction, May Revive Troubled Projects

Credit: Ian Dyball/AdobeStock

New York State will issue a new offshore wind solicitation on Nov. 30 with bids due in January 2024, the state government said, in a move that should support the troubled industry. European energy companies Orsted, Equinor, and BP have taken a combined $5 billion of writedowns on U.S. offshore wind projects that are not even completed, in part because their existing power sales contracts would not cover the cost of building and financing the projects. That is because soaring inflation, rising interest rates, and supply chain problems have led to much higher costs than anticipated.

02 Nov 2023

US Postpones Gulf of Mexico Oil and Gas Auction Due to Litigation

Credit: james_pintar/AdobeStock

The Biden administration on Thursday postponed a Nov. 8 sale of offshore drilling rights in the Gulf of Mexico pending the outcome of a lawsuit over oil and gas development and federal protection of an endangered species of whale.The move comes after a U.S. appeals court on Oct. 26 temporarily paused a lower court order requiring the Interior Department's U.S. Bureau of Ocean Energy Management (BOEM) to expand the auction, which was originally scheduled to be held in September.Oral arguments are scheduled for Nov.

02 Nov 2023

White House Says It is Committed to Offshore Wind Despite New Jersey Setbacks

Credit: Orhan Çam/AdobeStock

The Biden administration on Wednesday said it is committed to supporting the nascent U.S. offshore wind industry despite challenges that prompted the cancellation this week of two major planned projects off the coast of New Jersey.The White House and Interior Department both issued statements backing the sector shortly after Denmark's Orsted said soaring cost inflation, high interest rates and supply chain bottlenecks had forced it to stop development on the projects. Expansion of offshore wind is a key pillar of President Joe Biden's plan to decarbonize the U.S.

31 Oct 2023

US Offshore Wind Writedowns Seen Soaring with Orsted Earnings

© Cavan / Adobe Stock

European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 million in impairments in recent days.Orsted, the world's largest offshore wind developer, said in August it may see impairments of 16 billion Danish crowns ($2.3 billion) on its U.S. offshore developments due to supply chain problems, soaring interest rates and a lack of new tax credits.Orsted, which was not immediately available for comment…

27 Oct 2023

U.S. Appeals Court Blocks Gulf of Mexico Oil and Gas Sale Expansion, Pending Appeal

Credit: donvictori0/AdobeStock

A U.S. appeals court on Thursday temporarily paused a federal judge's order last month that had required the Biden administration to expand a planned offshore oil and gas auction in the Gulf of Mexico by 6 million acres (2.4 million hectares).The U.S. Court of Appeals for the 5th Circuit stayed the September decision pending an appeal, according to a court document. Oral arguments are scheduled for Nov. 13 in New Orleans.The order was the latest in a legal fight over offshore drilling and federal protection of an endangered species of whale.

26 Oct 2023

Israel to Pay Compensation for Ships Damaged in Gaza War

© maratr / Adobe Stock

Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country's ports, government advisories said.Israel has vowed to annihilate the Hamas Islamist group after its fighters stormed through Israeli towns from Gaza on Oct. 7, killing 1,400 people and seizing more than 220 hostages in the worst attack on civilians in Israel's history.The country relies on its seaports for its trade…

22 Oct 2023

China Ship is Focus of Pipeline Damage Probe, Finland Says

An investigation into the damage to the Balticonnector gas pipeline is currently focused on the role of the Chinese NewNew Polar Bear container vessel, Finland's National Bureau of Investigation (NBI) said on Friday.Early on Oct. 8, a gas pipeline and a telecoms cable connecting Finland and Estonia were broken, in what Finnish investigators said may have been sabotage, though they have yet to conclude whether it was an accident or a deliberate act.On Tuesday, Sweden said a third link…

19 Oct 2023

Estonia to Probe Sweden Cable Damage as Part of Baltic Sea Incident Investigation

(Photo: Finnish Boarder Guard)

Estonia said on Thursday it would probe the damage on a Baltic Sea telecoms cable connecting the country to Sweden as part of its ongoing investigation about the rupture caused on another telecoms cable, connecting Tallinn with Helsinki.On Oct.8 a gas pipeline and telecoms cable connecting Finland and Estonia were broken, in what Finnish investigators believe may have been deliberate sabotage. Helsinki is investigating the pipeline incident, while Tallinn is probing the cable incident.On Tuesday…