Inmarsat's 3-in-1 Network Solution Helps Norwegian Offshore Vessel Owner Meet Needs of Charterers and Crew
Norwegian owner and operator of offshore service vessels Golden Energy Offshore is deploying Inmarsat’s Fleet LTE service to meet the growing data requirements of modern offshore operations and support sustainability.Headquartered in Ålesund, Norway, Golden Energy Offshore owns and operates a fleet of offshore support vessels providing offshore services to the oil, gas, and renewables industries. The…
Nina Østergaard Borris takes the helm at USTC
Nina Østergaard Borris, co-owner and current COO of United Shipping and Trading Company (USTC), takes on new responsibilities in the family-owned business as CEO, succeeding her father Torben Østergaard-Nielsen who will take over as Chairman of the Board of Directors for USTC. Mia Østergaard Rechnitzer, current Head of Corporate Governance, will assume the position of Chief Governance Officer, stepping into USTC Executive Management.Family-owned United Shipping and Trading Company (USTC)…
Russia to Complete May Oil Loading Plan from Baltic Ports in Full
Russian Urals crude exports and transit from its Baltic ports in May are expected to match the initial plan, despite Western sanctions that have hit demand in Europe, according to three traders and Reuters calculations based on shipping data.Official sanctions and self-sanctioning by European buyers have hammered demand for Urals in its traditional market, but Asian buyers have stepped in to keep export…
Maersk Supply Service Wins Offshore Services Deal with Exxon in Angola
Danish offshore vessel owner Maersk Supply Service said Wednesday it had won a long-term contract with ExxonMobil in Angola.The contract is for the provision of project management, engineering, and marine services in support of the development of offshore drilling and production operations offshore Angola in the Block 15.Maersk Supply Service subsea support vessel Maersk Forza will perform the offshore marine operations…
LNG Prices Could Stay High for a Few Years, Woodside CEO Says
Woodside Energy Group, Australia's top independent natural gas producer, sees liquefied natural gas (LNG) prices staying high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion."With the invasion, we are seeing the world try to move away from Russian hydrocarbons and that means that demand for LNG from places like Australia is up," Woodside Chief Executive Meg O'Neill said."We do expect ...
US Navy Climate Plan Aims to Cut Emissions, Move to Low Carbon Fuels
The U.S. Navy released on Tuesday a climate strategy that aims to make the force more resilient to changes like sea level rise and coastal erosion while moving faster to low-carbon fuels and hybrid engines for ships and planes.The Climate Action 2030 plan, is part of the Biden administration's wider goal of decarbonizing the economy by 2050."By building a climate ready force, our sailors and Marines will be able to fight and win anywhere in the world in any condition…
US Inland Waterways: Big Money, New Projects, Help Wanted
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)…
Ukraine Seeking Ways to Get its Grain Out
Ukraine is seeking ways to get grain and vegetable oils out of the country by breaking a months-long blockade of the Sea of Azov and the Black Sea by the Russian navy and moving more by land.The war, together with Western sanctions against Russia, have sent the price of grain, cooking oil, fertilizer, and energy soaring.That in turn, is threatening a global food crisis as many countries count on Russia and Ukraine for more than half of their wheat imports…
LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell
The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the summer demand peak.The dynamics of the LNG market for the first four months of the year was that Europe was prepared to bid up prices for spot cargoes in order to secure supplies.This competition for LNG came as Europe first battled a winter shortage of natural gas…
US Prepares Renewal of Chevron's Venezuela License Without Broader Terms
The U.S. Treasury Department is getting ready to renew in the coming days Chevron Corp's license to operate in Venezuela, but likely without the greatly expanded terms the U.S. oil major sought, four people close to the talks said.The last U.S. energy producer in Venezuela asked President Joe Biden's government in March for a license that would allow it a greater say in its joint ventures with Venezuela's state-run PDVSA…
HII’s Newport News Shipbuilding Announces Big Hiring Push
Global defense and technologies company HII announced Tuesday that the company’s Newport News Shipbuilding division plans to hire approximately 5,000 people this year to meet the shipbuilding needs of the Navy. The shipyard anticipates hiring nearly 21,000 people within the next decade as HII fulfills orders for U.S. aircraft carriers and submarines.“We at NNS are driven to support the men and women in uniform…
Seajacks' New WTIVs Named After Mythological Sea Creatures
UK-based offshore wind turbine installation firm Seajacks, owned by Eneti, has revealed the names of the two next-gen offshore wind turbine installation vessels (WTIV) ordered last year by Eneti.The two new NG-160000X vessels will be known as Nessie and Siren, in line with the Seajacks tradition of naming vessels after mythological sea creatures. They also have a Zaratan, a Kraken, a Scylla, a Hydra…
MEO Group Orders Five Crew Boats from Penguin
Singapore-based offshore vessel owner MEO Group has ordered five new crew boats, as part of a fleet rejuvenation programThe company ordered the vessels from Singapore's Penguin Shipyard International. Based on Penguin's proprietary Flex-42X and Flex-40X designs, the crew boats will be delivered between 2023 and 2024."The new series of Flex executive crew boats are designed for optimized ride comfort and speed.
Fugro Deploys Mobile Rig for U.S. Offshore Wind Site Work
Dutch marine survey services firm Fugro is back on the water for Atlantic Shores Offshore Wind off the U.S. east coast, conducting a third year of integrated site characterisation services for the New Jersey-based offshore wind farm developer.Geophysical, metocean, and environmental scopes of work are currently underway, while geotechnical services will startlater this month, using a newly commissioned Fugro C30 mobile rig.Working from a third-party vessel…
Castoldi Debuts New Waterjet for Large Vessels
Castoldi has launched the new Turbodrive 600 H.C.T. waterjet geared for large vessels.The largest in the Castoldi range to date, the new waterjet is equipped, like the other models of the range, with an integrated gearbox (certified for heavy duty ratings), with hydraulic clutch, that with its numerous gear ratios allows a match with any engine on the market.“Our aim is to supply to the customer with…
Mercury Marine Names Millender Bailey VP & GM, eSolutions
Mercury Marine, a division of Brunswick Corporation (NYSE: BC), has named Perissa Millender Bailey Vice President and General Manager, eSolutions. This new position on Mercury’s leadership team will be responsible for leading the company’s electrification business and product development strategy.Millender Bailey joins Mercury following an 18-year career with Ford Motor Company, most recently serving as the company’s global technology strategy and planning director.
European Ports and Interferry Set Sustainability Priorities
A meeting between the European Sea Ports Organization (ESPO) and global trade association Interferry has agreed a common work programme to promote an environmentally sustainable future for the European ferry business through the provision and use of onshore power supply (OPS).Underlining the shared challenges and priorities of their Europe-wide memberships, ESPO and Interferry confirmed the following…
Austal USA Launches LCS 34
Austal USA launched the 17th Independence-variant Littoral Combat Ship (LCS), the future USS Augusta (LCS 34). Assisted by tugs, the ship was escorted out of Austal USA’s floating dry dock and secured pier side on the waterfront for machinery commissioning and system activation in preparation for sea trials later this year.Augusta is the 17th of 19 Independence-variant Littoral Combat Ships that Austal USA is building for the U.S. Navy. Five LCS are under various stages of construction.
Chevron Enters U.S. Gulf of Mexico CCS JV
Oil major Chevron has closed the transaction to enter a U.S. Gulf of Mexico carbon capture and storage joint venture with Talos Energy and Carbonvert.The companies on Tuesday announced the execution of definitive documentation and closing of the expanded joint venture to develop the Bayou Bend CCS offshore carbon capture and sequestration hub, effective May 1, 2022.Under the terms of the transaction…
BMT’s Hammock wins RINA’s David Goodrich Prize
Lisa Hammock, Environmental Protection and Sustainability Managing Consultant, BMT, was awarded the David Goodrich Prize by the Royal Institution of Naval Architects (RINA). The prize, awarded annually and named after David Goodrich, a former president of RINA and one of the founders of BMT, is given for the best paper presented at the annual RINA Warships conference.The award was granted for Hammock's paper on ‘Unlocking the Potential of Sustainable Submarine Design’ at RINA Warship 2021.
