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Waiting on Feds to Issue Permits
Marine companies along the Gulf of Mexico have seen little new business since the offshore drilling moratorium was lifted in early October as oil producers apply for permits and decide how to navigate costly safety regulations.
At Bollinger Shipyards, Inc., one of the top U.S. boat builders, Chief Executive Officer Boysie Bollinger, said “we're waiting for BOEM to start issuing offshore drilling permits, and no one has any idea when that will be.” He wonders if the government knows when more permits will be released. BOEM, or Bureau of Ocean Energy, Management, Regulation and Enforcement, is part of the U.S. Dept. of Interior and oversees offshore drilling.
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Source: MarineLink

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