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Oklahoma News

01 Apr 2024

Salvage Crews Work to Lift First Piece of Collapsed Baltimore Bridge

Crews begin cutting the top portion of the north side of the collapsed bridge into smaller sections for safe removal by crane in the Patapsco River, in Baltimore, March 30, 2024. Salvage teams use exothermic cutting torch to systematically separate sections of the steel bridge, which will be taken to a disposal site. (Photo: Taylor Bacon / U.S. Coast Guard)

Salvage crews worked to lift the first piece of Baltimore's collapsed Francis Scott Key Bridge from the water on Saturday to allow barges and tugboats to access the disaster site, Maryland and U.S. officials said, the first step in a complex effort to reopen the city's blocked port.The steel truss bridge collapsed early on Tuesday morning, killing six road workers, when a massive container ship lost power and crashed into a support pylon. Much of the span crashed into the Patapsco River…

21 Mar 2024

Bollinger Lays Keel for USNS Muscogee Creek Nation

(Photo: Bollinger Shipyards)

Bollinger Shipyards announced it has laid the keel for the future USNS Muscogee Creek Nation at its yard in Houma, La.The vessel is the 10th Navajo-class Towing, Salvage and Rescue Ship (T-ATS) and the fifth T-ATS vessel being constructed by Bollinger since acquiring the program in April of 2021.The keel authenticators were the Hon. David W. Hill, Principal Chief of the Muscogee Creek Nation, the Hon. Geri Wisner, Attorney General of the Muscogee Creek Nation and ship sponsor…

01 Mar 2024

Texas A&M to Reduce Tuition For Merchant Mariner License Students

(Photo: Texas A&M University at Galveston)

Texas A&M University at Galveston said it will reduce fees for current and future out-of-state students seeking a merchant mariner license from the Texas A&M Maritime Academy, in an effort that aims to help the maritime industry fill worsening labor gaps.Texas A&M Maritime Academy students earn their U.S. Coast Guard license while completing one of several license-option four-year bachelor’s degree programs at Texas A&M at Galveston.Effective September 1, under a new three-tiered fee structure approved by the Texas A&M University System Board of Regents…

18 Dec 2023

Record Output, Tax Dodge Pushes Up Crude Exports from US Gulf Coast

© scandamerican / Adobe Stock

Oil is flooding out of Texas in the final weeks of 2023, as traders find outlets abroad for record U.S. production and dodge a hefty year-end tax bill on their inventories.U.S. crude exports, nearly all of which leave from the U.S. Gulf coast, averaged about 4 million barrels per day (bpd) so far this year, according to U.S. government data, about 500,000 more than last year's record as oil production climbed to 13.2 million barrels per day.U.S. West Texas Intermediate crude's wider discount to the global benchmark Brent , currently at about $4.50 per barrel, is making U.S.

07 Aug 2023

Newport News Authenticates Keel of Virginia-class Attack Submarine Oklahoma

(Photo: HII)

HII’s Newport News Shipbuilding (NNS) division authenticated the keel today for Virginia-class attack submarine Oklahoma (SSN 802).“We enjoy participating in Navy traditions like this one because they remind us of the important role we play in our nation’s defense,” NNS President Jennifer Boykin said. “The nuclear submarines we build help ensure our peace and freedoms, and we take great pride in being a nuclear shipyard.”The ship’s sponsor is Mary “Molly” Slavonic, an Oklahoma native. Slavonic has long supported both the state of Oklahoma and the Navy.

12 Oct 2022

Great Lakes Announced $143.5 Million in Dredging Contracts

(Photo: Great Lakes Dredge & Dock)

Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, on Wednesday announced the receipt of several major dredging awards totaling $143.5 million with open options pending award of $102.9 million.The awarded work includes:South Atlantic Division Regional Harbor Dredging 2023 Project (Maintenance, Georgia, North Carolina and South Carolina, $26.6 million)Fire Island Inlet to Montauk Point, Contract 2 Project (Coastal Protection, New York…

31 Oct 2022

Cyber Attacks On the Rise at US Ports and Terminals

© Mariakray / Adobe Stock

Cyber attack attempts are becoming more common at U.S. ports and terminals, according to findings published this week by law firm Jones Walker LLP.The firm publicly released the findings of its 2022 Ports and Terminals Cybersecurity Survey, examining cybersecurity preparedness in U.S.-based ports and terminals. The report outlining the results of the survey is authored by four of the firm’s attorneys and the findings was presented by two of them, Jim Kearns and Andy Lee, during the Inland Rivers…

18 Aug 2022

Next US Energy Boom Could Be Wind Power in the Gulf of Mexico

© Mosto / Adobe Stock

With passage of the Inflation Reduction Act, which contains US$370 billion for climate and energy programs, policy experts are forecasting a big expansion in clean electricity generation. One source that’s poised for growth is offshore wind power.Today the U.S. has just two operating offshore wind farms, off of Rhode Island and Virginia, with a combined generating capacity of 42 megawatts. For comparison, the new Traverse Wind Energy Center in Oklahoma has 356 turbines and a 998-megawatt generating capacity.

25 May 2022

US Inland Waterways: Big Money, New Projects, Help Wanted

(Photo: North Mississippi Industrial Development Association)

New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11,000 miles, from Pennsylvania to Florida and from Texas to South Dakota.Consider the money within the U.S. Army Corps of Engineers “Civil Works Program Infrastructure Investment and Jobs Act (IIJA), 2022 Construction Spend Plan.”In Arkansas…

11 Mar 2022

What is the Insured’s Duty Under a Marine Insurance Policy? It Depends …

© Aerial Mike / Adobe Stock

The law governing marine insurance in the United States has long been a source of considerable confusion. And if there was once a clear set of principles applicable in such cases, the Supreme Court long ago muddied the waters with their infamous ruling in Wilburn Boat Co. v. Fireman’s Fund Ins. Co., 348 U.S. 310 (1955). That case, involving a fire on a houseboat on an inland man-made lake on the Texas-Oklahoma border, established the “litmus test” for when maritime law should…

03 Mar 2022

Brent Crude Tops $112. Tanker Owners "Are Having a Ball"

Credit:nattapon7/AdobeStock

Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms and importers.The oil industry has been gripped by acute risk aversion in the finance and shipping sectors after several nations including the United States sanctioned multiple Russian entities following Russia's invasion of Ukraine, though Washington has explicitly exempted energy products from the Russian measures.

17 Nov 2021

PACCAR Winch Recognized for Commitment to Veterans

(Photo: PACCAR  Winch)

PACCAR Winch has been recognized locally and nationally for their ongoing commitment to providing an outstanding work environment for veterans. From community outreach to employee programs, the company is dedicated to recruiting, developing, and celebrating veterans.On November 10, PACCAR Winch was recognized as a recipient of the 2021 HIRE Vets Gold Medallion Award for the third year in a row from the U.S. Department of Labor. The Honoring Investments in Recruiting and Employing…

29 Sep 2021

Lake Assault Boats Adds New Sales & Service Dealer

Lake Assault Boats has named Banner Fire Equipment, Inc. – of Roxanna, Illinois – as its sales and service dealership for Arkansas, Missouri, Oklahoma, and portions of Illinois. (Photo: Lake Assault Boats)

Superior  Wis. fire, patrol, and rescue craft builder Lake Assault Boats, part of Fraser Industries, has named Banner Fire Equipment, Inc. – of Roxanna, Illinois – as its sales and service dealership for Arkansas, Missouri, Oklahoma and portions of Illinois. “Adding Banner Fire Equipment to our dealer network is great news for fire departments and law enforcement agencies in the region that have protection areas with on-the-water responsibilities,” said Bob Beck, director of sales and marketing at Lake Assault Boats.

16 Jun 2021

U.S. Judge Orders Resumption in Federal Drilling Auctions

Credit: A drilling rig in the Gulf of Mexico - Credit:flyingrussian/AdobeStock

A federal judge in Louisiana on Tuesday blocked the Biden administration's pause on oil and gas leasing on public lands and waters, dealing a setback to a key White House effort to address climate change.The order granted a preliminary injunction to Louisiana and 12 other states that sued Democratic President Joe Biden and the Interior Department over the freeze on new drilling auctions. Louisiana is a major hub for offshore oil and gas production.Biden paused the government's leasing auctions in January pending a review that is expected to be completed in the coming weeks.

05 Apr 2021

Divers Find Deepest Known Shipwreck USS Johnston

(Photo: Caladan Oceanic)

A privately funded mission has found, surveyed and filmed the USS Johnston, the world’s deepest known shipwreck, offshore Samar Island in the Philippines Sea.The expedition was backed by Victor Vescovo, is an entrepreneur, explorer and retired U.S. Navy Commander who personally piloted his submersible DSV Limiting Factor down to the wreck during two separate, eight-hour dives 21,180 feet (6,456 meters) below the ocean's surface. These constituted the deepest wreck dives, manned or unmanned…

24 Mar 2021

Fourteen US States Sue Biden Administration Over Oil and Gas Leasing Pause

© Scott Bufkin / Adobe Stock

Fourteen U.S. states including Louisiana and Wyoming filed suits on Wednesday against President Joe Biden's administration to challenge his pause on new oil and gas leasing on federal lands and waters.The legal actions, which seek to restore regular federal drilling auctions, come a day before the administration is set to launch a review of the oil and gas leasing program.Biden, a Democrat, in January signed an executive order putting on hold new leasing pending that review. During his election campaign…

17 Aug 2020

Mauritius Oil Spill Could Impact Country's Economy for Decades

(Satellite image ©2020 Maxar Technologies)

Some corals have lived for centuries at the fringes of Mauritius. Now smothered for days in heavy fuel oil spilled from a wrecked Japanese ship nearby, parts of those reefs may be in trouble.The full impact of the toxic spill is still unfolding, scientists say. As the Indian Ocean island's residents scramble to mop up the oil slicks and clumps, they are seeing dead eels and fish floating in the water, as fuel-soaked seabirds limp onto shore.Satellite images also show the 1,000…

25 May 2020

BIMCO Tanker Rate Analysis: Reality Kicks In, Rates Fall

Source: BIMCO, Clarksons

Tanker shipping: sky high freight rates replaced by reality of falling global oil demandGeopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year.Demand drivers and freight ratesThe tanker shipping industry was once again caught in a whirlwind, as freight rates skyrocketed with little regard to the poor market fundamentals before the latter once again caught up with rates.

23 Apr 2020

Saudi Arabia May Re-route Tankers if US Bans Crude Imports

© Martin Lueke / Adobe Stock

Saudi Arabia is exploring re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the kingdom, shipping and trade sources say.Some 40 million barrels of Saudi oil are on their way to the United States and due to arrive in the coming weeks, piling more pressure on markets already struggling to absorb a glut of stocks, according to shipping data and sources.U.S. officials have said in recent days that Washington is considering blocking Saudi shipments of crude oil…

21 Apr 2020

US Crude Futures Plunge to Lowest on Record

© Grispb / Adobe Stock

U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil.Brent crude, the international benchmark, also slumped, but that contract was nowhere near as weak because more storage is available worldwide.While U.S. oil prices are trading in negative territory for the first time ever, it is unclear whether that will trickle down to consumers…

14 Apr 2020

Enterprise Offers Crude Shipments From Gulf Coast to Cushing

© Jim / Adobe Stock

Enterprise Products Partners LP said it would offer spot shipments of crude on an existing pipeline from the U.S. Gulf coast to Cushing, Oklahoma, the delivery point for benchmark U.S. crude futures, as demand to store oil inland surges.The move marks a sharp reversal from recent pipeline projects that were all built connecting inland markets to the Gulf Coast as U.S. crude exports climbed to record highs after Washington lifted a ban in late 2015.However, the coronavirus pandemic has crushed global oil demand and dented U.S.

02 Feb 2020

Evergy to Add 660MW Wind Energy

US-based utility Evergy has announced plans to add 660MW of wind energy to its portfolio and reduce carbon emissions by 80% below 2005 levels by 2050. The addition will bring the total amount of wind serving Evergy customers to 4,535 megawatts, making Evergy one of the top five wind energy companies in the United States.The energy from these wind farms will be used to support and expand Evergy’s Direct Renewables Program, which allows Kansas companies to access clean wind energy to become more sustainable and reduce the overall cost of energy. Evergy plans to use the additional wind energy as an economic development tool to attract manufacturers and technology companies who are seeking cost-effective…

07 Aug 2019

Permian Fracking Sets New Records

Hydraulic fracturing operations in the Permian shattered old records in June. The prolific shale basin in Texas and parts of New Mexico in the US has reached new heights in terms of the number of fracked wells – both on a daily basis and in terms of absolute monthly wells. Rystad Energy estimates there were as many as 18 wells fracked per day across the entire Permian Basin, or almost 550 wells during the month of June. Previously, fracking in the Permian peaked at approximately 520 wells fracked in August 2018, while the peak daily rate was reached in February earlier this year.“The Midland platform has undoubtedly been the driver of this upwards trend with consistent month-over-month increases…