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Today’s Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S. Outer Continental Shelf offshore Texas.
McDermott International (NYSE:MDR) announced this week that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services on the Red Hawk project.
The fourth National Security Cutter, Hamilton, successfully completed several days of rigorous acceptance trials Thursday to ensure the cutter meets its contractual requirements and is ready for delivery to the Coast Guard.
This Wednesday, Bureau of Ocean Energy Management Gulf of Mexico Regional Director John Rodi will open the Gulf of Mexico Western Planning Area Lease Sale 238.
This weekend Huntington Ingalls Industries' (NYSE:HII) Ingalls Shipbuilding division christened the company's fifth U.S. Coast Guard National Security Cutter (NSC), James.
In this time-lapse video, the ATB Paul T. Moran transits along the Mississippi River from St. James, La., to Norco, La.
This weekend, the crew of the Coast Guard cutter Paul Clark offloaded approximately 900 lbs. of marijuana worth an estimated wholesale value of nearly $800,000 at Base Miami Beach, Fla.
Coast Guard Captain of the Port, New Orleans, reopened the Mississippi River to all traffic yesterday afternoon after an area around the International Matex Tank Terminals (IMTT) between mile marker 96 and mile marker 98 had been reduced to one-way traffic due to a multiple vessel collision early Wednesday.
Southern California residents lose millions of dollars each year avoiding littered, local beaches in favor of choosing cleaner beaches that are farther away and may cost more to reach, according to a new NOAA-funded Marine Debris Program economics study.
Just before midnight Monday evening, the International Longshore Warehouse Union (ILWU) and the Pacific Northwest Grain Handlers Association reached a tentative labor agreement regarding grain operations at seven terminals in the Pacific Northwest, according to the most recent USDA Grain Transportation Report.
Will Mexico see more U.S. OSVs?
If Mexico's new oil reforms work, U.S. OSV operators will receive a nice boost and relocate more vessels to the region.
Author: David Krapf
August 28, 2014
Has the Coast Guard gone international?
I am increasingly concerned with the International Maritime Organization (IMO). It’s not about the group’s regulation of international vessels but with the potential impact that emerging IMO rules might have on domestic U.S. vessel operators and mariners. The Coast Guard
Author: Capt. Alan Bernstein
August 28, 2014
Wood boats, aluminum boats and Port Townsend
It's still summer, still a good time to be on the water, whether for work or pleasure. Last week, I got a chance to do both at the same time.
Author: Bruce Buls
August 26, 2014
What’s next for shipping assets?
Theories on optimal ownership structures for capital assets are like the shipping markets — they go in cycles. Since workboats are often ancillary to some larger business mission, I am always scanning the business news for clues about company architecture.
Author: Barry Parker
August 26, 2014