From racing scows on the inland lakes of Minnesota to graduating from the United States Merchant Marine Academy to taking the helm of Glosten, Morgan Fanberg has led a ‘maritime life.’ We caught up with Fanberg in his Seattle office to discuss the path ahead for one of the U.S.’ most progressive and respected naval architecture and marine engineering firms.
The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43,000 by 2050. To support this growth, U.S. Department of Energy reports estimate over 40,000 new jobs will be created by 2030.
The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43,000 by 2050. To support this growth, U.S. Department of Energy reports estimate over 40,000 new jobs will be created by 2030.
Finance — or at least project economics based on long-term commodity prices — appear to be factors limiting a surge in investments in floating liquefied natural gas (FLNG) a new study by U.S.-based numbers cruncher, World Energy Reports, revealed Monday.Among a growing count of floating producers in the planning stage, some are destined to become FLNG
Based in Miramar, FL, ABB Vice President Ed Schwarz is today responsible for developing and leading the newly created new sales team for ABB in North America.He is the firm’s leading advocate for new build opportunities in US and Canada and more importantly, developing the business strategy necessary for bringing hybrid and electric solutions to North America market. A graduate of the U.S.
Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response. Many have constabulary responsibilities, and it could be argued that, with the exception of the largest navies
Copenhagen headquartered ferry and logistics company DFDS has reached an agreement with the Italian ferry company Moby to acquire its the two combined freight and passenger ferries (RoPax).The Danish company decided to purchase the ships, the 2001-built Moby Wonder and the 2005-built Moby Aki, in order to expand capacity on the Amsterdam-Newcastle route.
Elliott Bay Design Group (EBDG) has announced that its Board of Directors has appointed Brian King as President - Chief Engineer. King will have direct supervision of the business and affairs of the company. He will be responsible for advancing EBDG's major strategic objectives while leading the team on planning, business management, engineering, personnel development and sales.
Norwegian offshore shipping company GC Rieber Shipping (RISH) has agreed with Nexans Skagerrak AS, a wholly owned subsidiary of Nexans Norway AS, to enter into a ship management agreement for the cable laying vessel Nexans Skagerrak.The agreement also includes management of the Nexans’ state of the art cable laying vessel Nexans Aurora once it gets delivered from Ulstein yard in 2021
The new ship owning company Sverre Farstad & Co has taken ownership of a 2016-built platform supply vessel (PSV), marking a return for the Farstad name in the Norwegian offshore sector.Farstad was one of the parties behind the June 2017 three-way merger of Norwegian ship owners Solstad Offshore, Farstad Shipping and Deep Sea Supply.
Furuno USA has hired a new commercial business development manager. Based in Houston, Texas, Mr. George Toma will play a key role in establishing and developing business relationships with commercial ship owners, operators, and builders around the country to promote the Furuno product line.Toma comes to Furuno with forty years of experience in the maritime industry.
A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector.World economy worries and cost pressures are dampening prospects for a proper recovery in many segments of the shipping sector, which has struggled with tough markets for a decade.