US Gulf Coast-bound Fuel Oil Cargoes Hit Five-year Low
Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened, analysts said.Feedstocks like high sulfur fuel oil and other heavy residues can be refined into higher value products such as gasoline and diesel using secondary units.But loadings of those products to the Gulf Coast, America's largest refining hubā¦
US Justice Dept Will Inspect Containership Dali, Signaling Potential Lawsuit
The U.S. government signaled in a court filing on Wednesday for the first time that it may file a claim against the owner of the ship that caused the March collapse of the Francis Scott Key Bridge in Baltimore.U.S. Justice Department attorney Laine Goodhue submitted a letter, opens new tab notifying U.S. District Judge James Bredar that the government is among the "claimants and prospective claimantsāā¦
New England States Move Forward with Three Giant Offshore Wind Farms
Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes, government officials announced on Friday.The project selections, following a joint solicitation in March for wind farms to be built off of New England's shores, move Massachusetts and Rhode Island closer to state renewable energy goalsā¦
US Coast Guard Academy Students Seek $130 Million Over Alleged Sexual Assaults
More than a dozen former U.S. Coast Guard Academy students who say they were victims of sexual assault filed complaints on Thursday seeking $130 million in damages, accusing the school of allowing sexual violence to go unchecked.The former students filed administrative claims with the U.S. Coast Guard, claiming the academy in New London, Connecticut, for nearly four decades enabled sexual abusers and failed to protect victims or provide them recourse.The group comprises 12 women and one manā¦
Ukraine's Maritime Food Exports Fall in August
Ukraine's food exports by sea and river totalled 4.13 million metric tons in August, down from 4.25 million tons in July, agriculture ministry data showed on Friday.That included 2.18 million tons of wheat, 553,732 tons of corn and 454,641 tons of barley, the data showed.Ukraine's UGA grain traders union said this month that overall grain and oilseed exports totalled 4.3 million tons in August, up from 4.2 million in July.UGA said that included 2.2 million tons of wheatā¦
Oil Loadings at Russia's Western Ports on the Rise
Russia will increase oil exports via its western ports to 1.98 million barrels per day (bpd) in September, up by just 30,000 bpd from August, despite expected start of seasonal maintenance on Russian refineries, two trade sources said on Friday.Russia needs to supply its own market with enough crude oil to produce motor fuels essential to meet demand, but normally local refineries start large seasonal maintenance and cut runs, which leads to higher availability of crude oil for exports.Russia's
'I've Got Your Backs,' Taiwan President Tells Sailors on Combat-ready Warship
Taiwan President Lai Ching-te told sailors aboard a combat-ready warship at a major base in the Taiwan Strait on Friday that he had their backs, thanking them for safeguarding Taiwanese security at a time of heightened tensions with Beijing.China, which claims democratically governed Taiwan as its own territory over the strong objections of the government in Taipei, detests Lai as a "separatist" andā¦
Avikus Targets DNV Type Approval for Its Autonomous Vessel Technology
Avikus on Friday announced it is working toward gaining word-first DNV Type Approval for its innovative autonomous vessel systems.The South Korea-based marine technology company said it cemented its partnership with classification society DNV with an agreement signed this week at the SMM maritime trade fair in Hamburg, Germany.Avikus said it is progressing through DNVās System Qualification process for its autonomous navigation systemā¦
Subsea7 Reveals it is Supporting Shell's Vito Waterflood Project
Subsea7 in August announced it was awarded a "sizable" contract, worth between $50 million and $150 million, to perform engineering, procurement, construction, and offshore installation (EPCI) work in the U.S. Gulf of Mexico.The company revealed on social media that the contract was awarded by Shell Offshore Inc., for its Vito waterflood project. Subsea7's work scope includes EPCI of a water injection flowlineā¦
German Warships Deploy to Secure Sea Lanes in Indo-Pacific
A rare cruise by two German warships in the Indo-Pacific region will demonstrate a commitment to open navigation, the admiral in charge of the naval task force said on Friday, but he declined to confirm if they would transit the contested Taiwan Strait."Safe and secure sea lanes, especially from Southeast Asia as well as to Europe and America, are a prerequisite for a prosperous economy of all our countriesā¦
Varuna Marine Services Presents FuelEU Maritime Compliance Product
Varuna Marine Services, a provider of maritime solutions, has launched of a product designed to support compliance with the FuelEU Maritime initiative at the SMM Hamburg 2024 event.Varuna Marine Services' FuelEU Maritime solution is integrated into its CyberSmart platform, offering features for optimized fuel management, real-time emissions monitoring, and advanced data analytics.The companyās flagship platformā¦
AST Networks Introduces Hybrid Maritime Communication Solutions
AST Networks, a high-speed satellite connectivity provider, has introduced advanced hybrid communication solutions, to addressing the growing global demand for connectivity in remote and challenging environments.With industries such as maritime, mining, and agriculture increasingly relying on uninterrupted, high-speed communication, AST Networks has launched hybrid solutions that blend the strengthsā¦
GTT, Nikkiso to Equip 10 LNG-Fuelled Container Ships with Recycool Reliquefaction System
French engineering company GTT, collaboration with Japanese Nikkiso Clean Energy & Industrial Gases, has secured an order from a Chinese shipyard to equip ten LNG-fueled container ships with its advanced passive boil-off gas management system Recycool.Recycool is an environmentally friendly solution designed to reliquefy excess boil-off gas from LNG-fuelled ships equipped with high-pressure engines.
