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LNG fight continues: A federal appeals court upheld FERC’s approval of Venture Global’s CP2 LNG terminal and pipeline in Cameron Parish, ruling the agency adequately considered environmental and fishing impacts. Environmental groups and fishers criticized the decision, citing ongoing concerns including alleged oyster damage from a dredging spill. CP2 is expected to become one of the largest U.S. LNG export terminals, with shipments projected to begin in 2027. The Current has the full story.
Shipyard taking shape: Saronic has topped out its $300 million shipyard expansion in Franklin, adding more than 300,000 square feet to its existing facility. The project will include three new slips, expanded warehouse space and a dedicated production line for 180-foot autonomous ships. Construction is expected to finish in early 2027, boosting Saronic’s shipbuilding capacity and skilled workforce. WorkBoat.com has the full story.
Initial filings dip: U.S. jobless claims fell to 203,000 last week from a revised 207,000 the prior week, as layoffs remain rare and unemployment holds at 4.1%. However, hiring remains weak, creating a “no hire, no fire” job market that is difficult for job seekers. Employers have added an average of 61,000 jobs per month this year, well below recent years. The Associated Press has the full story.
