Daily Archives: October 12, 2023
New York Rejects Offshore Wind’s Request to Raise Rates
Offshore wind developers are reevaluating some New York projects after regulators rejected higher rates by Equinor ASA, Orsted A/S and others that would have added as much as $12 billion in costs. Developers planning to build more than 4 gigawatts of wind-power capacity off Long Island must abide by existing contracts to deliver power, the New York Public Service Commission unanimously ruled during a meeting Thursday. The ruling is the latest blow to the US offshore wind industry already contending with inflation and supply-chain issues. The future of projects such as Orsted’s Sunrise Wind is now in question after Thursday’s decision. >>click to read<< 17:06
Popular food brand files Chapter 7 bankruptcy, heads to liquidation
With private companies, the end can be more sudden. That’s especially true when the company isn’t consumer-facing like a wholesaler or a manufacturer. Blue Harvest Fisheries may not be a name everyone knows, but it was a massive operation that was intended at its 2015 creation to dominate the New England fishing industry. That was a bold goal that it never achieved. And now, after suspending its fishing operations in September, the company has filed for Chapter 7 bankruptcy and appears headed toward liquidation. The company, which sold fish to a number of grocery chains around the country, had a bold mission statement. Blue Harvest vendors, workers face bad news. Under a Chapter 7 filing, a company’s assets will be liquidated and used to pay off creditors. “No property appears to be available to pay creditors,” >>click to read/comment<< 15:48
2 injured after dock collapses in New Bedford
A dock collapsed Wednesday, injuring two people in New Bedford. According to the New Bedford Fire Chief, Scott Kruger, around 2p.m., a pier collapsed at the end of Hervey Tischon Avenue. When first responders arrived on the scene, they said one person was in the water and three others had gotten themselves out after a 225-by 36-foot portion of a bulkhead collapsed. A cause for the collapse was not immediately known but officials say the area that collapsed was under construction. Several nearby fishing vessels were also moved so first responders could assess the damage. Video, >>click to read/comment<< 15:00
Isle of Man fishermen thrilled at ‘landmark’ herring catch
A group of Manx fishermen who have begun to catch herring around the Isle of Man, the first to do so for 25 years, have said it feels “amazing”. The first boat has started landing the fish following a post-Brexit deal between the UK and the Manx government. Boat owner Adie Kinrade said the return of herring fishing was a “little piece of history” as the fishery had been “huge” in the island’s past. Environment Minister Clare Barber said it was a “landmark” moment. “The quotas are a once-in-a-generation opportunity and I can’t wait to see more Manx boats fishing for herring in the coming years,” she added. >>click to read<< 12:17
Commercial fleet owner Julius Leroy Whorton of North Crolina has passed away
Julius Leroy Whorton, 84, passed away peacefully surrounded by his family and friends on Monday, Oct. 9, 2023. Leroy, as he was known, was born in South Creek, North Carolina. on March 31, 1939, to the late Clara Myrtice Mayo Whorton and the late Julius Timothy Whorton. He was also preceded in death by his brother, Daniel Atwood Whorton. Leroy graduated from New Bern High School in New Bern, North Carolina, Georgia Military College and received scholarships to play football for Wake Forest and University of Georgia. After college, Leroy built his career in the seafood industry with a fleet of commercial fishing boats, working the oceans from Alaska to Texas, Key West to Virginia, and North Carolina to Nova Scotia. >>click to read<< 10:54
New California law aims to speed up offshore wind development
A law signed by California Governor Gavin Newsom on Saturday aims to speed up the process for new offshore wind development. The law requires California’s Coastal Commission to process consolidated permits for coastal development, which the law’s main sponsor says will streamline permitting. His district includes Mendocino, Trinity and Humboldt counties. McGuire said in a press release that this law will slash five years off the normal permitting timeline for offshore wind projects. He said it will help the state meet its goals in terms of climate change and renewable energy. >>click to read<< 09:31
Cocaine bust trawler remains wedged on sandbank off Wexford coast
Detectives with the National Drugs and Organised Crime Bureau stated in court that it was their belief that fishing trawler The Castlemore was “attempting a transaction” with the cargo ship the MV Matthew off the Wexford coast at the time it ran aground. Two weeks ago, a major salvage operation was said to have begun to recover the fishing trawler from the sandbank off the Wexford coast, however, it appears that all efforts to date have been unsuccessful and the trawler remains wedged in the sand. Sources suggest that the recovery of the trawler is becoming a bigger and more difficult task with every passing day and some reports even suggest that the vessel may now be buried up to its wheelhouse. >>click to read<< 08:35
