Pacific Maritime Magazine Online News for January 12, 2016

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Fidley Watch: Priorities

Earlier this year, Royal Dutch Shell Plc. announced an end to its Arctic operations, after 10 years and $7 billion, citing, in part, “…the challenging, unpredictable federal regulatory environment in offshore Alaska.”

The Shell plan foresaw a long development time (15 years or more) but a payoff of more than 500 million BOE at a minimum. The BOE (Barrel of Oil Equivalent) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons) of crude oil.

It’s just as well, really. The US isn’t equipped to operate along its fourth coastline, nor will it be anytime in the next ten years…MORE

Tuesday, January 12, 2016

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Story1Anchorage Mayor: $290 Million Needed for Port
By Mark Edward Nero

In Jan. 7 address to a group of regional lawmakers, Anchorage Mayor Ethan Berkowitz requested that a statewide bond package include $290 million for the city’s unfinished Port of Anchorage modernization project. (Read full article)

Story2Carnival Corp. Launching 4 New Cruise Ships
By Mark Edward Nero

To meet rising demand for cruise vacations, four of Carnival Corp.’s 10 brands are expected to add new ships in 2016, the company announced Jan. 6. The additions are part of the 17 ships scheduled for delivery for Carnival brand companies through 2020.(Read full article)

Story3Retailers Oppose Free Time Reduction Proposal
By Mark Edward Nero

The National Retail Federation on Jan. 7 sent a letter to the Port of Long Beach expressing concerns about the port’s plan to reduce the amount of time import containers can be stored for free on the docks. (Read full article)

Story4Harley Marine Acquires 10 Vessels
By Mark Edward Nero

Marine transport provider Harley Marine Services said Jan. 7 that it has acquired certain offshore assets of Louisiana-based Enterprise Marine Services, including six double hull petroleum barges and four tugboats. (Read full article)

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