Tag: US

China is back in the market for U.S. soybeans after taking a holiday break, just as Washington and Beijing plan more trade discussions. China's interest occurred as trade officials from the two countries are scheduled to sit down in Beijing on 7-11 January, for the first face-to-face negotiation since President Donald Trump and his counterpart Xi Jinping agreed to a 90-day truce to their trade war last month.

Current and upcoming regulations, indicate that the industry is on the right path. However, new funds are necessary, as going green will cost, the consultancy firm highlighted. 2019 will be crucial and the sector will have a better picture of whether the necessary drydocking capacity exists.

The US Army Corps of Engineers granted a $92 million construction contract to Great Lakes Dredge & Dock Company, LLC, to deepen and widen the Corpus Christi Ship Channel from the Gulf of Mexico to Harbor Island, under the Channel Improvement Project.

According to EIA, brent crude oil averaged $72 per barrel in 2018, and West Texas Intermediate averaged $65/b in 2018. The prices for both crude oils finished the year lower than they began it. Brent and WTI each peaked during October 3 at $86/b and $76/b, respectively.

The Partnership for Offshore Wind Energy Research (POWER-US) issued a white paper, proposing a framework for offshore wind research and innovation in the US which establishes the relationships, data, systems-level thinking, and strategic research approaches needed to advance the global offshore wind industry.

The U.S. Department of Energy (DOE) has announced that it would now only require U.S. LNG exporters to report the country or countries of LNG deliveries, not country of end-use, to satisfy the DOE’s destination reporting requirement.

Norwegian oil major Equinor has been the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore the Commonwealth of Massachusetts and east of New York. This new lease is part of the company's commitment to taking a leadership position in renewable energy development in the US.

The US Bureau of Ocean Energy Management reminded that the auction for US's 8th offshore wind auction will start on December 13, 2018, at 9:00 a.m. Eastern Time. It will offer three lease areas, totaling approximately 390,000 acres. During October the US Secretary of the Interior Ryan Zinke announced three developments in American offshore wind energy spanning from coast to coast.

The US Department of Justice received a court order on December 11, awarding the US $857,868 in civil penalties, along with other relief, in the Department’s immigration-related employment discrimination lawsuit against companies that provide contract shipyard labor.

The US Department of Justice announced that Navimax Corporation was fined with $2,000,000 by a federal district court for violating the Act to Prevent Pollution from Ships and obstructing a Coast Guard investigation. Namely, the company discharged oily waste at sea.