ADCI Underwater Today

August 13, 2021

Fisk Marine Insurance International, LLC
INDUSTRY NEWS
A $1 trillion infrastructure package secured enough votes to pass the Senate on Tuesday, a victory for the White House and the bipartisan group of senators who spent months negotiating it.

Visit https://www.reuters.com/world/us/bipartisan-infrastructure-bill-wins-enough-votes-pass-us-senate-2021-08-10/ to view the full article online.

 
The Biden administration said OPEC+’s decision to gradually ease production cuts is “simply not enough” during a “critical moment in the global recovery.”

Visit https://www.cnbc.com/2021/08/11/as-gas-prices-rise-white-house-says-opec-action-is-simply-not-enough-calls-for-ftc-scrutiny.html to view the full article online.

 
Teledyne Marine Systems USA
The nation's construction industry, coupled with professional architects and engineers, play a significant role in the economic wellbeing of the U.S. economy.

Visit https://www.constructiondive.com/news/5-roadblocks-that-could-slow-constructions-recovery/604576/ to view the full article online.

 
Dive Commercial International, Inc.
MESSAGE FROM THE EXECUTIVE DIRECTOR
Effective July 1, 2021, ADCI has resumed the ADCI Audit Initiative for companies and schools that have not previously submitted to the ADCI Audit.
 
All companies and schools that have not previously gone through an ADCI audit will have until June 2022 to complete the process for continued membership.
 
Please contact the ADCI office for further information.

Visit https://www.naylornetwork.com/adc-nwl/articles/index-v5.asp?aid=688793&issueID=77070 to view the full article online.

 
Simpson Strong-Tie
Denso North America Inc.
INTERNATIONAL NEWS
With a month to go before elections in Norway, the UN’s landmark climate report is fueling debate on oil policy, with parties preparing for a political showdown that could upend the nation’s most important industry.

Visit https://www.rigzone.com/news/wire/norway_parties_brace_for_oil_showdown-11-aug-2021-166156-article/ to view the full article online.

 
Shell has started the process to divest all operated joint venture licenses held by the Shell Petroleum Development Co. in Nigeria, according to Wood Mackenzie.

Visit https://www.offshore-mag.com/regional-reports/africa/article/14208549/shell-seeking-to-sell-niger-delta-licenses to view the full article online.

 
Ocean Technology Systems
NEW PRODUCTS AND TECHNOLOGY
South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel technologies.

Visit https://www.offshore-energy.biz/hhi-seeks-930m-ipo-to-fund-eco-friendly-ship-tech/ to view the full article online.

 
With the latest investment, Oldendorff will focus on the support of crews and safety of the navigation, rather than jump into autonomy, the company explained.

Visit https://www.offshore-energy.biz/oldendorff-carriers-invests-in-navigation-technology/ to view the full article online.

 
Bottom Dwellers Dive Shack
The project, called 'Green Hydrogen @ Kinsale,’  could have the potential to store up to three TWh of green hydrogen and hydrogen carriers, the equivalent of approximately 10 percent of current Irish annual electricity consumption, dCarbonX said.

Visit https://www.oedigital.com/news/489838-dcarbonx-esb-to-develop-large-scale-green-hydrogen-storage-offshore-ireland to view the full article online.

 
From the Pages of Underwater Magazine
Shipyard practices have been under scrutiny for several years for numerous reasons and navigating these changes can sometimes be tricky.  

Visit https://www.underwatermagazine.com/2021/07/covid-19-aboard/ to view the full article online.

 
Saab Seaeye Ltd