US

MARAD funds $7.5M for marine highway projects

The U.S. Maritime Administration (MARAD) announced that found $7.5 million for the investment of nine U.S. marine highway projects. Specifically, the funding will give a boost to the existing services in the states of Florida, South California, Kentucky, Louisiana, Michigan, Oregon, Texas, Virginia and lastly Washington.

2019 marks the lowest natural gas prices in the past three years

EIA marks 2019 as the year with the lowest natural gas prices for the past three years, as although monthly average natural gas prices at most key regional trading hubs in 2019 reached their highest levels in February, and they were relatively low and stable from April through December.

Mideast war risk raises concerns for shipping insurance

Despite the fact that the US and Iran seem keen on avoiding further conflict, oil and gas shipowners are preparing to pay a price from the tension that was created after the rocket strikes in Iraq over the last week.

US orders Bouchard to compensate whistleblower over barge explosion

A whistleblower investigation by the US Department of Labor’s Occupational Safety and Health Administration (OSHA) has found that Bouchard Transportation Company Inc., and its officers violated the whistleblower protection provisions of the Seaman’s Protection Act (SPA) when it retaliated against a seaman who cooperated with the US Coast Guard.

Greece is crucial for US plans to sell more natural gas to Europe

According to Al Jazeera, the European market hangs in the balance as the US take aim at Russian-Turkish energy alliance. Greece is now proving to be a test case of the power of liquefied natural gas (LNG) to get market share, while the US is taking notice by the boosting US LNG sales to Europe.

NY to create Offshore Wind Training Institute

New York Governor Andrew Cuomo announced plans to create Offshore Wind Training Institute to offer offshore wind training programs. In fact, the institute will provide benefits to workers across New York State through new job training programs, tailored college curriculum as well as enhanced academic research opportunities.

Petrobras ships to avoid Strait of Hormuz 

Reuters reports that Brazil’s state-controlled oil company Petroleo Brasileiro SA has ordered its ships to avoid the Strait of Hormuz. According to a statement, the decision was taken after consultations with Brazil’s Navy, not affect Petrobras’ fuel supply in Brazil.

MARAD warns US ships to be aware of Iranian attacks

After the death of the Iranian commander, Qassem Soleimani by a US drone, the US Maritime Administration (MARAD) officially published an advisory in order to warn the US ships located across the Middle East waterways of the possible Iranian maritime threats. 

US EPA amended rule to allow sale of 0.5% sulphur marine fuel

On Wednesday, 18 December 2019, the US Environmental Protection Agency (EPA) amended its diesel fuel regulations aiming to allow fuel suppliers distribute distillate diesel fuel that complies with the Sulphur standard that applies internationally for ships instead of the fuel standards that otherwise apply to distillate diesel fuel in the US. 

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