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
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
Technology group Wärtsilä has signed a Lifecycle Agreement with UK-based P&O Ferries for two of its vessels – the M/V Pioneer and the M/V Liberté.The scope of the five-year agreement the Lifecycle Agreement with P&O Ferries includes parts and maintenance services, as well as maintenance planning, operational support and Wärtsilä’s Expert Insight predictive maintenance service.
The Crown Estate, which manages the seabed around England, Wales and Northern Ireland, has set out further details of a new leasing round for three commercial-scale floating wind projects in the Celtic Sea off the coast of South Wales and South West England. The projects have the potential to deliver enough clean, renewable energy for more than four million homes.
Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets.Many countries are relying on a huge and rapid build-out of offshore wind farms which have high upfront costs but over the longer term can provide cheaper energy than fossil fuel plants.
Despite stating that the transport of unweaned calves from Ireland to France is in breach of EU law, the European Commission has so far failed to take action against it, says Ethical Farming Ireland.In an audit report published in December 2023, the Commission claimed the journey was in breach of Regulation 1/2005 on the protection of animals during transport