US

US announces $17 million for offshore wind projects

The US Department of Energy announced $28 million for 13 projects to advance wind energy across the US. Of these, the $17 million are committed to offshore wind development. The funding selections were announced by DOE’s Assistant Secretary for the Office of Energy Efficiency and Renewable Energy, Daniel R Simmons.

EIA: US exports crude oil to more destinations than it imports from

As US crude oil export volumes have increased to an average of 2.8 million barrels per day (b/d) in the first seven months of 2019, the number of destinations (which includes countries, territories, autonomous regions, and other administrative regions) that receive US exports has also increased, according to EIA.

Key trends and challenges for the future of shipping

During the 2019 SAFETY4SEA Athens Forum, Mr. Stavros Meidanis, DPA/CSO, S&Q Manager, Capital Ship Management Corp shared his views on how shipping will look like in 2030 even 2050, focusing on implications for ship managers in the future.

FERC issues notice of schedule for environmental review to Commonwealth LNG

Commonwealth LNG announced that the US Federal Energy Regulatory Commission (FERC) has issued Notice of Schedule for Environmental Review. The Commonwealth LNG project includes the construction of one liquefied natural gas plant, as well as six gas liquefaction trains and appurtenant facilities. Each train will have a liquefaction design capacity of approximately 1.4 million metric tonnes annually for a total nominal liquefaction capacity of 8.4 mtpa.

US imposes sanctions against Turkey

On 14 October 2019 the US issued an Executive Order (EO), imposing sanctions against the Turkish Ministry of Energy and Natural Resources and the Turkish Ministry of National Defence. Three government ministers have also been added to the US’s Specifically Designated National List (SDN List). 

US Department of Justice announces forfeiture of N. Korean cargo ship

The US Department of Justice announced the entry of a judgment of forfeiture regarding the M/V Wise Honest, a 17,061-ton, single-hull bulk carrier ship registered in North Korea. The Department said that Wise Honest was used to illicitly ship coal from North Korea and to deliver heavy machinery back to the N. Korea.

Natural gas inventories exceed 5-year average after two years

According to EIA’s Weekly Natural Gas Storage report the working natural gas inventories in the Lower 48 states reached 3,519 billion cubic feet (Bcf) for the week ending October 11, 2019, exceeding the previous five-year average since September 22, 2017. 

Washington’s first maritime accelerator to be launched

Washington Maritime Blue, the Port of Seattle and WeWork Labs have collaborated to launch Washington’s first maritime accelerator to help maritime companies innovate and grow. The accelerator, which is currently accepting applications through November 18, aims to help maritime companies innovate and grow, establish Washington as a leader in maritime innovation, and increase the sustainability of maritime businesses in both Seattle and beyond.

European refiners boosted from US shipping sanctions

After the US imposed sanctions on subsidiaries of Cosco, European refiners have received an unexpected boost, as less crude oil from the North Sea and West Africa heads east, Reuters reports. What is more freight rates have risen as oil producers seek non-blacklisted vessels.

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