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Monthly Archives: September 2021

Some 28% of U.S. Gulf of Mexico Crude Output Offline

U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices easing as more shipments moved out of the region.Hurricanes...
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Prefabrication of Federal Shipbuilding Project Funding

Initial appropriations discussions are underway for Fiscal Year 2022, with a continued focus on federal shipbuilding programs. It has been rough going for the Navy as Congress raised questions about the President’s commitment to the Navy’s long-term sh...
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Port of Mobile Reports Record Growth

Containerized cargo volumes through Alabama's Port of Mobile continue to climb in 2021 as shippers seek uncongested gateways servicing key North American markets. In August, container volumes increased 34% over August 2020 volume, while year-to-date vo...
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DOF’s Norskan Clinches AHTS Deals with Petrobras

Norwegian offshore support vessel firm DOF said this week its Brazilian subsidiary Norskan had secured a new long-term contract and extended another one with the Brazilian oil company Petrobras.Anchor handler Skandi Botafogo has been awarded…
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Maersk Lifts 2021 Outlook Again as Freight Rates Rise

Danish shipping group A.P. Moller-Maersk lifted its 2021 outlook again on Thursday, riding the rise in freight rates which has resulted from a congested global supply chain.The coronavirus pandemic has prompted shortages of container ships and logjams ...
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Yanmar to Power MOL’s New Dual-fuel Coal Carrier

Japan's Yanmar said Thursday it had received an order for dual fuel 6EY22ALDF engines which will be used to power generators on board Mitsui O.S.K. Lines' new LNG-fueled large coal carrier. The coal carrier will be built by Namura Shipbuilding."Emissio...
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