In 2017, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $3.01 per million British thermal units, about 50 cents per MMBtu higher than in 2016. The higher prices in 2017 contributed to less consumption and increased domestic production was offset by increased exports of natural gas by pipeline and LNG cargoes, according to EIA.
Ryan Zinke, Secretary of the US Department of the Interior, announced that Florida will be excluded from the recent US plan to further exploit offshore oil and gas. The decision to exempt Florida from the offshore oil and gas exploitation proposal, was made after Florida’s Governor, Rick Scott, request.
The US and Portuguese delegations highlighted progress made in the bilateral energy relationship that could bring lower energy prices, more jobs, enhancement of Europe’s energy security and emissions reduction from the shipping sector.
Finnish technology company Wärtsilä informed that it will equip a new articulated tug barge, that will be used to supply LNG fuel to cruise ships along the east coast of Florida, USA. This will be the first fueling barge with a Wärtsilä solution operating in US waters.
The US Trade and Development Agency, in cooperation with LNG Allies, launched the U.S. Gas Infrastructure Exports Initiative. This Initiative aims to connect American companies to new export opportunities across the gas value chain in emerging economies.
INEOS announced the agreement with SP Chemicals for the delivery of ethane from US shale gas to China. The agreement will see US ethane from shale gas shipped to China for the first time.
Singapore Technologies Engineering Ltd announced that its US shipyard, VT Halter Marine will build an offshore Liquefied Natural Gas Articulated Tug and Barge unit to be chartered by Shell.
Shell Trading has finalized a long-term charter agreement with Q-LNG Transport, LLC for an LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG. As the first of its kind to be based in the US, the ocean-going LNG bunker barge will supply LNG along the southern East Coast of the country.
The proposal, announced by Secretary of the Interior, Ryan Zinke, covers an area of 76,967,935 acres, which is about the size of New Mexico, and is scheduled for March 2018, including all available unleased areas on the Gulf’s Outer Continental Shelf.
Researchers at the Woods Hole Oceanographic Institution are working to power homes and vehicles with fuel made from seaweed grown at large-scale offshore farms. The project will be funded by the US Department of Energy’s Advanced Research Projects Agency-Energy.
Lessons learned: Restricted visibility leads to collision26/01/2020
Lessons learned: Collision during 'starboard-to-starboard' passing26/01/2020
Rhine river traffic delayed from bomb disposal at Cologne25/01/2020
Submariners row across the Atlantic25/01/2020
President Trump strikes for a trade deal with EU and UK24/01/2020
- Maritime Health
Shipping industry alerts on coronavirus outbreak24/01/2020
UK Sec-Gen: Climate change will destroy people’s capacity living on the planet24/01/2020
Infographic: Maritime Singapore’s performance in 201924/01/2020
Low Rhine water levels reduce loading rates24/01/2020
- Women in shipping
Danish initiative for more women in shipping gains momentum24/01/2020