A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached in a compensation dispute with the canal authority.Work was under way to finalize a signed settlement agreement as soon as possible and arrangements for the release of the Ever Given vessel would be made after formalities had
The cargo vessel that blocked global shipping in the Suez Canal and is caught in a legal dispute in Egypt is fit to sail once approval is given, its technical manager said on Wednesday.The Ever Given was declared suitable for onward passage from the Great Bitter Lake to Port Said, where she would be assessed again before departing for Rotterdam
On Monday, March 29, the White House announced a government-wide effort to advance offshore wind, including 30 gigawatts (GW) of offshore wind by 2030, 110GW of U.S. offshore wind by 2050 and the development of a sustainable local offshore wind supply chain.“The announcement formalizes the current situation and provides more confidence to developers and the supply chain
The Suez Canal Authority said on Thursday it had discussed the option of dredging around a vast container ship stranded in the waterway during a meeting with a rescue team from Dutch firm Smit Salvage.Current efforts to free the ship include the use of two dredgers, nine tugs, and four diggers on the canal bank, the authority added in a statement.
Offshore wind installation company Cadeler said Wednesday it had won the largest contract in its history.Cadeler, previously known as Swire Blue Ocean, said that offshore wind turbine maker Siemens Gamesa had awarded Cadeler a contract of valued at around $90 million, with an additional $30 million in options, to transport and install giant SG 14-222 DD offshore wind turbines.
After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein, Lewis, whose WER is set to release an intelligence pack that presents a roadmap to the opportunities in the U.S.
Despite being the second-largest global market for onshore wind, the United States is today a very minor player in comparison to the European and East Asian offshore wind markets, however, this is about to change.Philip Lewis, Director of Research, World Energy Reports said in an interview with Maritime Reporter TV, that 2021 is expected to be a "step-change" for the U.S. Offshore wind industry.
The global offshore wind industry has been picking up pace unabated by the global pandemic, with industry investments growing and offshore wind turbine makers competing on who'll build a larger turbine. With offshore wind turbines, bigger is better, Rystad said recently.Wind turbine manufacturer Siemens Gamesa in May 2020 announced it was working on developing wind turbines with up to 15MW
The floating offshore wind industry, still considered nascent with around 100MW installed capacity - and minuscule compared to the installed capacity of its „older brother,“ - that is the conventional, fixed bottom offshore wind industry (29GW at 2019 end) - is showing promise and is expected to take off big time by the end of the decade.
The offshore wind industry has made great strides to become a cost-competitive option for grid and off-grid energy solutions. And today, the industry is growing faster than ever before, both in the well-established European market and in newer ones such as in China, Taiwan, Japan and the U.S.
ARES Shipyard in Antalya, Turkey has been awarded a contract to build 122 patrol boats for the Turkish Coastguard.“The project represents the largest volume serial production in Turkey’s shipbuilding history, and it will certainly put a significant record in the world’s shipbuilding archives as well,” said Utku Alanc, CEO of ARES Shipyard.
Petroleum facilities guards prevented a tanker from entering Libya's Es Eider port to load a cargo of crude oil from storage on Wednesday, the National Oil Corporation (NOC) said in a statement.The Delta Ocean tanker had been blocked from loading despite what NOC Chairman Mustafa Sanalla called "the clear Libyan and international consensus that the NOC should lift force majeure.