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Marine News October 2023 Volume 34 Number 10

Marine News (ISSN#1087-3864) (USPS#013-952)

Editor’s Note

New York: 118 E. 25th St., New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 www.marinelink.com • Low Interest Shown in US’ First Gulf of Mexico Offshore Wind Auction

CEO

John C. O’Malley • [email protected] • US Offshore Wind Projects Seek Looser Subsidy Rules in Fight for Survival

Publisher & Editorial Director

Greg Trauthwein • [email protected] • Orsted CEO Says Abandoning US

Editor Wind Projects a ‘Real Option’

Eric Haun • [email protected]

Tel: 212-477-6700 • Biden’s Offshore Wind Target Slipping Out of Reach as Projects Struggle

Contributing Writers

Tom Ewing, James Kearns, Barry Parker, Jeff Vogel • BOEM Postpones Oil and Gas Lease

PRODUCTION Sale 261

Production & Graphics Manager

Eric Haun, Editor,

Nicole Ventimiglia • [email protected] • Biden’s Five-year Offshore Oil Plan to [email protected] Have Historically Few Lease Sales

SALES

Vice President, Sales & Marketing

The list goes on…

Terry Breese • [email protected]

While many of the recent headlines have been far from positive for the U.S.

Tel: 561-732-1185 Fax: 561-732-8414 offshore industry—including wind and O&G—there is still plenty to be opti-

Advertising Sales Managers mistic about. This of course depends on your point of view, but my position is

Lucia Annunziata • [email protected]

Tel: 212-477-6700 ext 6240 Fax: 212-254-6271 one of someone in favor of a more active U.S. marine industry, from shipyards and suppliers, to vessel owners and operators, and everyone in between.

John Cagni • [email protected]

Tel: 631-472-2715

Oil and gas activity in the Gulf of Mexico continues to increase following a very long downturn, and vessel utilization is picking up. The U.S. Energy

Frank Covella • [email protected]

Tel: 561-732-1659 Fax: 561-732-8063

Information Administration (EIA) is expecting continued growth in U.S.

Mike Kozlowski • [email protected] crude oil production, exceeding 13 million barrels per day for the ? rst time

Tel: 561-733-2477 Fax: 561-732-9670 in early 2024.

Gary Lewis • [email protected]

And while offshore wind is challenged (to say the least), progress toward

Tel: 516-441-7258 the 30GW by 2030 goal is being made every single day—which is more

CORPORATE STAFF than could have been said just a few years back. New offshore wind areas are

Manager, Marketing being announced, opening up new waters for development. New ports and

Mark O’Malley • [email protected] terminals are being developed, ships are being built, and steel is entering the

Accounting

Esther Rothenberger • [email protected] water. Yes, there are going to be more bumps along the road—all industries

Tel: 212-477-6700 ext 6810 have them. But long-term prospects remain solid.

Manager, Info Tech Services

Vladimir Bibik

CIRCULATION

Kathleen Hickey • [email protected]

Tel: 212-477-6700 ext 6320

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Marine News (ISSN# 1087-3864) is published bi-monthly (6 times per year) by Maritime Activity Reports, Inc. 118 E 25th St. New York, NY 10010-1062. Periodicals Postage Paid at New York, NY and additional mailing of? ces.

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without the express permission of the publisher. 4 | MN October 2023