Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere ... with the exception of China.
Product and chemical tanker shipping company Ardmore Shipping Corporation on Monday announced that its current senior vice president and chief commercial officer Gernot Ruppelt will succeed company founder Anthony Gurnee as CEO.Gurnee will retire on September 16, 2024, at which point Ruppelt will step into the CEO position and current CFO Bart Kelleher will take on the additional role of
Cavotec signed a multi-million euro order for its MoorMaster NxG automated mooring system to be installed at the Port of Dublin in Ireland. The order, signed at the end of 2024, marks the first deployment of MoorMaster technology in Ireland. Deliveries will primarily take place in the third quarter of 2026.
Swedish shipping company WALLENIUS SOL has acquired British Mann Lines, expanding its customer base, service offerings and presence in key markets.WALLENIUS SOL, based in the Bay of Bothnia, has acquired Mann Lines, a provider of liner RoRo and container vessel services, logistics and forwarding.
Marine transportation company operating in the product tanker market d’Amico International Shipping has, through its subsidiary d’Amico Tankers D.A.C. (Ireland), signed time charter agreements for five vessels.The new time charter agreements are for four Handysize vessels and extended a time-charter contract on one MR vessel.
2024 was another busy and eventful year for the Irish Coast Guard. The year in figures:The 44 Coast Guard Units were mobilised on 1,154 separate occasions this year;Coast Guard Helicopters conducted 752 missions;Critical assistance was provided to 537 persons (preventing loss of life
Babcock has awarded the recycling contract to KDC Veolia Decommissioning Services UK (KDCV) as part of U.K.’s demonstrator project to fully dismantle a nuclear-powered submarine Swiftsure.Babcock is working with the Defence Nuclear Enterprise (DNE) and KDCV on the demonstrator dismantling project
Crane specialist Liebherr has delivered its third ship to shore (STS) container crane to PSA Penn Terminals in Philadelphia.PSA Penn Terminals received its third Liebherr STS crane in September 2024, complementing the two commissioned in 2018.The new STS crane features a 157 ft (48 m) outreach, a 60 ft (18.
Brabo, a provider of pilot and port services in Antwerp, Belgium, has entered into a deal with maritime technology firm Artemis Technologies to add an Artemis EF-12 Pilot boat to its fleet. This cutting-edge, fully electric foiling vessel is set to be delivered in late summer 2025.
d’Amico International Shipping S.A. (Borsa Italiana: DIS) said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) exercised its purchase option on the MT Crimson Pearl, a 50,000 dwt medium-range product tanker vessel built in August 2017 by Minaminippon Shipbuilding Co., Ltd., Japan, for a consideration of approximately $31 million with delivery expected between September and October 2024.
Damen Shipyards has delivered the third fast crew supplier (FCS) hybrid vessel to Purus, designed to provide low emission crew transfer services to the offshore wind sector.The vessels are fitted with 190 kW battery arrays that enable them to sail zero emissions while in harbor and when loitering at offshore wind farms.
We think of Bermuda as a tiny paradise in the North Atlantic. But long before cruise ships moored up, prison ships carried hundreds of convicts to the island, first docking in 1824 and remaining there for decades.Islands have long been places to deport, exile and banish criminals. Think of Alcatraz, the infamous penitentiary in San Francisco, or Robben Island in South Africa