Monday, October 02, 2023
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Container ship berthing at Port of Portland

ILWU Files for Bankruptcy to End ICTSI's Work-Slowdown Lawsuit

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BSEE

Biden's Offshore Plan Upsets Oil Industry and Environmentalists Alike

Published Oct 1, 2023 9:34 PM by The Maritime Executive

The Biden administration plans to reduce the frequency of future offshore oil and gas lease sales to a historic low, drawing the ire of the energy industry without satisfying the objectives of environmental groups. The Department of the Interior's five-year plan "phases down" oil and gas auctions in the U.S. Gulf of Mexico with three lease sales, one each in 2025, 2027 and 2029. It also calls for a moratorium on E&P leasing off the Atlantic, Pacific and Alaskan coastlines. ...

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Roberts Bank port

Report: Lack of a Police Force Leaves Deltaport Vulnerable to Crime

Published Oct 1, 2023 9:33 PM by The Maritime Executive

The city of Delta, British Columbia has released a new report on deep-seated security problems at Deltaport Roberts Bank Terminal, the largest container facility in Canada. The terminal at Roberts Bank handles three million containers per year, and it is about to expand with the construction of Roberts Bank Terminal 2. However, leaders in the nearby city of Delta are concerned that the security issues at the existing port will grow in parallel with its footprint. Delta Mayor George Harvie...

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Reef with schools of fish

Can You Insure a Coral Reef? With the Right Formula, the Answer is Yes

Published Oct 1, 2023 7:12 PM by The Maritime Executive

[By Emma Bryce] On October 7, 2020, Mélina Soto hunkered down in the Mexican port town of Puerto Morelos as Hurricane Delta struck the coast she calls home at 110 miles per hour. “The sound of the wind is like a screaming, up high in the sky,” she says. “You hope for the best, but you prepare for the worst.” Soto is the Mexico national coordinator for conservation initiative Healthy Reefs, so her mind was primarily on Puerto Morelos’ coral reef....

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Liberia

Leading the Way: Flag Registries Up Their Game

Published Oct 1, 2023 5:10 PM by Allan E. Jordan

Shipping is in transition with emerging regulations, the drive for decarbonization and geopolitical issues all increasing the pressure on both ship registries and classification societies. The pandemic impacted the business by driving up cargo volumes and demand for containerships. More recently, the war in Ukraine and implementation of sanctions impacted dry bulk, tanker and gas carrier usage. All of this comes as shipowners and operators had to deal with increasing financial pressures and a growing shortage of qualified merchant sailors....

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Offshore

BSEE

Biden's Offshore Plan Upsets Oil Industry and Environmentalists Alike

The Biden administration plans to reduce the frequency of future offshore oil and gas lease sales to a historic low, drawing the ire of the energy industry without satisfying the objectives of environmental groups. The Department of the Interior's five-year plan "phases down" oil and gas auctions in the U.S. Gulf of Mexico with three lease sales, one each in 2025, 2027 and 2029. It also calls for a moratorium on E&P leasing off the Atlantic, Pacific and Alaskan coastlines. ...

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Shipbuilding

LNG exports

Qatar Spends $4B on 17 LNG Carriers From HD Hyundai

State-owned energy giant QatarEnergy has launched the second phase of its LNG ship acquisition program by signing an agreement with HD Hyundai Heavy Industries (HHI) for 17 ultra-modern LNG carriers at a cost of $3.9 billion. The company, which is in the middle of an aggressive fleet expansion drive, said that the order brings the total number of confirmed new LNG vessels to be delivered to QatarEnergy and its affiliates to 77. Korean and Chinese shipyards hold all of the contracts. ...

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Environment

Floating garbage Ocean Cleanup

Marine Plastic May Be Breeding Ground for Antibiotic-Resistant Bacteria

Marine plastic waste may serve as a vector for the spread of antimicrobial resistance (AMR) from pathogenic bacteria, either to shellfish or directly to humans who are bathing in the sea or taking part in other recreational activities. “The bacteria contained in sewage and wastewater discharged from households, hospitals and factories will form biofilms on plastic surfaces in the sea”, explains Gunhild Hageskal, who is a Senior Research Scientist at SINTEF. “Such bacteria may already possess resistant properties, but in any event, bacterial biofilms...

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Business

Liberia

Leading the Way: Flag Registries Up Their Game

Shipping is in transition with emerging regulations, the drive for decarbonization and geopolitical issues all increasing the pressure on both ship registries and classification societies. The pandemic impacted the business by driving up cargo volumes and demand for containerships. More recently, the war in Ukraine and implementation of sanctions impacted dry bulk, tanker and gas carrier usage. All of this comes as shipowners and operators had to deal with increasing financial pressures and a growing shortage of qualified merchant sailors....

Continue Reading...