During the past decade, the US trade gap for energy products has narrowed, as from 2003 to 2007, the value of energy imports was about 10 times greater than the value of exports, US EIA informed. By 2017, imports were only about 1.5 times greater than exports, according to data from the US Census Bureau.
US Secretary of the Interior Ryan Zinke announced three developments in American offshore wind energy spanning from coast to coast. These are: a wind auction in federal waters off the coast of Massachusetts; an environmental review of a proposed wind project offshore Rhode Island; and the next steps to a first-ever wind auction in federal waters off of California.
According to EIA’s 2014 Manufacturing Energy Consumption Survey (MECS), the capability of the US manufacturing sector to switch the fuels it uses has declined in recent decades. Among the most commonly substitutable fuels used in US manufacturing, the amount that could be switched in less than 30 days dropped from 24%
A large amount of Iranian crude oil will arrive at China’s Dalian port during October and the beginning of November, right before US sanctions on Iran apply. Namely, the National Iranian Tanker Company will ship more than 20 million barrels of oil to Dalian.
The US government is trying to delay the implementation date of the upcoming sulphur cap regulation, which mandates that ships should run on environmentally cleaner fuels. President Trump is worried that this regulation will increase the costs of fuels for consumers and businesses.
At SAFETY4SEA Conference, Mr. George A. Gaitas, Managing Partner, Gaitas, Kennedy & Chalos, P.C discussed about what traders in the US may encounter with respect to the ODME bypass criminal prosecutions. Mr. Gaitas predicted it is likely to be a significant change in the enforcement of MARPOL Annex I in US.
US Interior Secretary Ryan Zinke told that at least six coastal states’ waters could be exempted from US’s offshore drilling plan, as he noted that some of these states do not have enough oil in order to be included anyway. The six states that could be exempted from the proposal are New Hampshire, Maryland, North Carolina, Maine, Oregon and Washington.
The rupture of Enbridge’s BC natural gas pipeline near Prince George, British Columbia, on 9 October 2018, continues to affect natural gas supply, electricity generation, and petroleum refining in the US Pacific Northwest, according to EIA. The pipeline rupture forced some refineries in Washington to cut production.
The World Economic Forum issued the 2018 edition of its Global Competitiveness Report, marking a milestone with the introduction of the new Global Competitiveness Index 4.0. The report identifies the US, with a competitiveness score of 85.6, as the closest economy to the frontier, the ideal state.
The Institute of Bunker Buyers and Consumers is still ‘extremely concerned’ about the outbreak of contaminated fuel, which originated in the US earlier this year, and then spread further to Panama Canal, Singapore and the far East. As IBBC said, many operators have been affected, and the incidences have caused serious problems.
Lessons learned: Loss of steering leads to grounding21/10/2018
Sailing yacht experiences catastrophic rigging failure21/10/2018
90% of table salt include microplastics, study finds21/10/2018
Safety actions not enough if taken in the wrong order20/10/2018
Crude oil imports lead the changing US energy trade20/10/2018
Glacial engineering could limit sea-level rise, but emissions remain critical20/10/2018
- Women in shipping
BW LNG announces first woman Captain onboard LNG carrier19/10/2018
Port of Savannah's container trade up by 12%19/10/2018
GHG emissions in US reduced by 2.7%19/10/2018
Port of Vancouver announces end of cruise season19/10/2018