Friday, July 26, 2024
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offshore wind

GoM Wind Sale Canceled Due to Low Interest, BOEM Gets Unsolicited Request

Published Jul 26, 2024 2:34 PM by The Maritime Executive

Efforts to move offshore wind energy forward in the Gulf of Mexico took a surprising turn on Friday as the Bureau of Ocean Energy Management again reported low overall interest in the area. However, they did receive a single unsolicited request for two possible lease areas.  BOEM announced in March that it was planning to move forward with the second offshore lease auction for properties in the Gulf of Mexico. They proposed four potential lease areas...

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oil clean up

Philippines Works to Clear Oil Spill as Salvage Planned for Lost Tanker

Published Jul 26, 2024 12:39 PM by The Maritime Executive

  The Philippine Coast Guard reports it is not wasting time in its efforts to prevent what could become the worst oil spill in the history of the country potentially damaging Manila Bay. The owners of the fuel tanker Terranova retained a salvage company and they are meeting with the Coast Guard regarding the plans to address the fuel and oil cargo on the vessel. Bad weather and the aftereffects of the outer bands of the typhoon have been hampering...

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salvage

First Phase of Salvage of Capsized Bulker Completed Reports SAMSA

Published Jul 26, 2024 11:08 AM by The Maritime Executive

  South African officials reported that the first phase of the recovery effort for the grounded bulker Ultra Galaxy has been completed. With a break in the harsh winter weather, they report progress is being made while cautioning that another cold front is due to cross the area in the coming days. The Ultra Galaxy developed a severe list on July 9 during a winter storm off South Africa’s west coast forcing the crew to abandon ship. The...

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File image courtesy Yangzijiang Shipbuilding

China's Yangzijiang Shipyard Rides the Shipbuilding Boom

Published Jul 25, 2024 10:58 PM by The Maritime Executive

China's largest private-sector shipbuilder, Yangzijiang Shipbuilding, is having an enviable year. The yard's order backlog has ballooned to more than $16 billion, a new record reflecting soaring global demand for tonnage. To handle all the order volume, the company has acquired more than 200 acres of extra land next to its shipyard, including nearly a mile of additional waterfront.   Yangzijiang benefits from surging global interest in buying new tonnage. With Korean and Japanese yards largely full, shipowners are looking to China for newbuild...

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MORE STORIES BY CATEGORY

Offshore

offshore wind

GoM Wind Sale Canceled Due to Low Interest, BOEM Gets Unsolicited Request

Efforts to move offshore wind energy forward in the Gulf of Mexico took a surprising turn on Friday as the Bureau of Ocean Energy Management again reported low overall interest in the area. However, they did receive a single unsolicited request for two possible lease areas.  BOEM announced in March that it was planning to move forward with the second offshore lease auction for properties in the Gulf of Mexico. They proposed four potential lease areas...

Continue Reading...

Shipbuilding

File image courtesy Yangzijiang Shipbuilding

China's Yangzijiang Shipyard Rides the Shipbuilding Boom

China's largest private-sector shipbuilder, Yangzijiang Shipbuilding, is having an enviable year. The yard's order backlog has ballooned to more than $16 billion, a new record reflecting soaring global demand for tonnage. To handle all the order volume, the company has acquired more than 200 acres of extra land next to its shipyard, including nearly a mile of additional waterfront.   Yangzijiang benefits from surging global interest in buying new tonnage. With Korean and Japanese yards largely full, shipowners are looking to China for newbuild...

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Environment

Small polymetallic nodules after extraction from the seabed (TMC)

Mineral-Rich Nodules Produce "Dark" Oxygen in the Abyss

Researchers funded by a polymetallic nodule mining company appear to have discovered an entirely new source of oxygen production in the abyssal plain of the Clarion-Clipperton Zone: the nodules themselves, which appear to have electrolytic properties. If confirmed, it would upend the time-honored consensus that photosynthesis created all of the free oxygen in earth's natural environment - raising questions about the origins of life itself, and opening broad new avenues for research. On a practical level, the discovery could reinforce...

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Business

OceanXplorer

Unveiling the Mysteries of the Deep: OceanXplorer’s Mission in Asia

    The research ship OceanXplorer hosted nearly 200 students and educators on board for tours while operating in Indonesia from May 4 to August 25, 2024. This expedition, organized in partnership with the National Research and Innovation Agency (BRIN) of Indonesia and the Coordinating Ministry of Maritime Affairs and Investment (CMMAI), kicks off the Young Explorers Program (YEP).  Fourteen lucky university students embarked and set sail to Bali, receiving hands-on experience and mentorship from crew, scientists, and media...

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