Norway's O&G Production Beats Expectations
The Norwegian Offshore Directorate said that Norway's oil and gas production in October exceeded the official forecast by 5 percent.Norway is Europe's biggest supplier of natural gases and oil. However, output can vary from month to months depending on maintenance and other stops at over 90 offshore fields.The total oil, gas liquids, natural condensate and gas production stood at 0.657 standard cubic metres (SCM) per day.
As Greeks Strike, Ships Stop Moving
Ships docked at Greek ports, and railway and bus services were disrupted on Wednesday as transport workers, hospital doctors, school teachers and construction workers joined a nationwide strike to protest squeezed living standards and demand higher pay.Many Greeks saw their wages and pensions slashed in return for bailouts worth 280 billion euros ($297 billion) during a 2009-2018 debt crisis which shaved a quarter off Greece's economic output and nearly pushed the country out of the eurozone.Wit
Argentina to Privatize Key Ag Transport Waterway
The Argentine government will call for a national and international public tender to privatize its stretch of the Paraguay-Parana waterway through a 30-year concession, cabinet chief Guillermo Francos said.The waterway, a natural river corridor that extends through the Parana and Paraguay rivers, is a key transport route to the sea from inland areas of Paraguay, Bolivia and southern Brazil.Argentina uses the 3,400 km-long (2,100 mile-long) waterway to move nearly 80% its foreign trade, including
Swedish, U.S. Marines Team @ Exercise Archipelago Endeavor 2024
Swedish and U.S. Marines gathered in Sweden’s rocky coastal archipelago to improve their littoral warfighting skills and enhance interoperability during Exercise Archipelago Endeavor 2024 (AE 24).“This is an annual exercise between Sweden and U.S., and it is the seventh time we conducted it, but it's the first time that we conducting the exercise as an ally. Before that, we have conducted the exercise as a partner,” said Lt. Col.
Argentina to Privatize Paraguay-Parana Waterway
The Argentine government will call for a national and international public tender to privatize its stretch of the Paraguay-Parana waterway through a 30-year concession, cabinet chief Guillermo Francos said on Tuesday.The waterway, a natural river corridor that extends through the Parana and Paraguay rivers, is a key transport route to the sea from inland areas of Paraguay, Bolivia and southern Brazil.Argentina uses the 3,400 km-long (2,100 mile-long) waterway to move nearly 80% its foreign trade
Australia and India Talk Maritime, Renewables at G20
Australia will partner with India to boost investment in renewable energy, including solar manufacturing, battery and mineral processing, Prime Minister Anthony Albanese said in a meeting with his Indian counterpart on the G20 sidelines.Australia and India will also look to enhance defense and maritime security cooperation, Albanese said in a meeting with India's Prime Minister Narendra Modi in Rio de Janeiro on Tuesday.The two countries, along with the United States and Japan, are members of th
EBDG, Diversified Marine Team on the Electrified Truckable Tug
While in New Orleans, Maritime Reporter TV visited with Elliott Bay Design Group (EBDG) and Diversified Marine to discuss the Electrified Truckable Tug.Hitting tightening maritime emission targets will require innovation and collaboration across the sector, the type of teaming recently announced between Elliott Bay Design Group and Diversified Marine with the introduction of the electrical truckable tug.“This is a great collaboration with Diversified Marine…
Trump Picks Duffy to be DOT Chief
U.S. President-elect Donald Trump said on Monday that he is nominating former Wisconsin Representative and Fox Business News host Sean Duffy to be transportation secretary.If confirmed…
Coxon Named CEO at American Commercial Barge Line
American Commercial Barge Line (ACBL) named Peter Coxon as Chief Executive Officer, effective immediately. Coxon brings more than 40 years of maritime industry experience to ACBL as both an operator and customer. Most recently, he served as CEO of Rand Logistics, leading a successful turnaround, driving improved performance and synergies following Rand’s acquisition of American Steamship Company.Coxon joined the ACBL Board of Directors earlier this year…
Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29
The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there. The Global Solidarity Levies Task Force (GSLT), led by France, Barbados and Kenya, is exploring the issue. Below are excerpts from its latest report on the options being discussed -- as it pertains to…
Germany Preps for More FSRU Vessels
Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas (LNG). Plans also include shore-based regasification terminals and facilities to import and produce ammonia and hydrogen.STADEState-owned Deutsche Energy Terminal…
South Korea, U.S. Alliance will Thrive Under Trump, says Foreign Minister
As world-reaction to Donald Trumps presidential win continues to come in, South Korean Foreign Minister Cho Tae-yul said he is "strongly confident" the South Korea-U.S. alliance will continue to thrive under the incoming U.S. administration of President-elect Donald Trump.While there are many tendrils to the economic and defense alliance, in particular in recent years, South Korea's world-class shipbuilders have drawn increasingly close to their U.S. counterparts, as the U.S.
Shipbuilder Wins Deal for 13 Hybrid Ferries
Garden Reach Shipbuilders & Engineers Ltd. won a deal with the government of West Bengal to build 13 hybrid ferries for a total cost of 2.26 Billion rupees, or about $27 million.
NASSCO "Failed to follow Federal Wage Regs" for 36 Mexican Engineers
The U.S. Department of Labor recovered more than $1.4 million for 36 Mexican engineers employed in San Diego by a subsidiary of General Dynamics Corp., one of the world’s largest defense contractors, that paid them in Mexican pesos below the federal minimum wage rate in violation of the Fair Labor Standards Act.The department’s Wage and Hour Division found National Steel and Shipbuilding Co. one of…
HII Celebrates National Apprenticeship Week
HII, America’s largest military shipbuilder and provider of all-domain defense solutions, is celebrating National Apprenticeship Week from Nov. 17-23, honoring the essential role of apprenticeships in workforce development and skills training.National Apprenticeship Week is a nationwide celebration established by the U.S. Department of Labor to showcase and promote high-quality and in-demand career pathway opportunities through registered apprenticeship programs.
Rooney Named 2025 Person of the Year by NYNJFFFBA
Bethann Rooney, Port Director of the Port Authority of New York and New Jersey, has been named the 2025 Person of the Year by the New York/New Jersey Foreign Freight Forwarders and Brokers Association (NYNJFFFBA). She will receive the award at the association’s 107th Annual Dinner Gala, scheduled for February 6, 2025, at the Marriott Marquis in New York City.The NYNJFFFBA’s Person of the Year Award recognizes individuals who have made significant contributions to the global trade…
Vestdavit Supplies Davits for Ulstein Newbuild CSOV
Advanced boat-handling systems supplied by Vestdavit have been installed on the newbuild CSOV Olympic Notos delivered for Olympic by Norway’s Ulstein Verft, which is raising the bar in terms of sustainability and operational efficiency for such vessels employed in the offshore energy sector.The leading Norwegian supplier provided a total package of five davits for the vessel including two H-9001 davits…
Albany Port CEO Elected Vice Chair at National Ports Association
Port of Albany-Rensselaer CEO Richard J. Hendrick was unanimously elected Vice Chair of the Board of Directors of the American Association of Port Authorities (AAPA) at its Annual Convention in Boston. AAPA is the trade association for 140 seaports in the western hemisphere.“It’s no surprise that Rich’s Port Executive colleagues elevated him to the Vice Chair position on AAPA’s Board” said Cary S. Davis, AAPA President and CEO.
BRIX Marine Launches 11.8M Yacht Tender
BRIX Marine has announced the launch of its latest megayacht tender, the 11.8-meter T/T Kismet.This custom Naiad RHIB was designed for the tender garage on the 122-meter Kismet, recently launched by Lürssen. The 11.8-meter joins multiple other tenders in Kismet’s arsenal, and she stands out as a high-performance vessel that delivers a luxury experience from stem to stern. Powered by twin Yanmar 440HP diesel engines paired with Hamilton Jet HJX 27 waterjets…
Port of Oakland Leads in Ag Reefer Exports
Port ranks number one for refrigerated exports, supports $8.5 billion in ag exports.The Port of Oakland continues to be one of the most important gateways for U.S. agricultural products. The Port exported 235,899 TEUs (twenty-foot containers) of agricultural commodities as of October 2024, totaling nearly $8.5 billion. Oakland ranks number one by TEU volume in international refrigerated (reefer) export…
