Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts later this year, its owners said on Wednesday.The senior debt financing allows the project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, to mobilize its contractors and suppliers to begin work, the companies said.
Vineyard Wind on Friday announced a deal to use union labor to help construct what will become the nation's first major offshore wind project off the Massachusetts coast near Martha's Vineyard.The labor agreement with the Southeastern Massachusetts Building Trades Council covers 500 jobs, most of which will go to local workers, the company said in a statement.
The U.S. government has recently announced plans to promote offshore wind, with a goal to have 30 gigawatts (GW) of offshore wind capacity installed by 2030, and a whopping 110GW of offshore wind by 2050. It has also committed to supporting the development of a sustainable local offshore wind supply chain, which is set to benefit from $136 billion expected to be spent on U.S.
The operator of a ferry service to and from Nantucket, Martha's Vineyard and Woods Hole, Mass. said it was hit by a ransomware attack on Wednesday that continues to impact passenger bookings.The attack has prevented passengers from booking or changing reservations online or over the phone, local officials said
Spanish shipping company Baleària has put into service its newest vessel, Eleanor Roosevelt, said to be the world’s first very large catamaran Ro-Pax ferry powered by dual-fuel reciprocating engines.Designed by Incat Crowther, the 123-meter-long aluminum vessel was built by Astilleros Armon at its Gijon shipyard in Spain using modular construction techniques. It is classed by Bureau Veritas.
A Bangladeshi woman whose husband died dismantling an oil tanker in a local shipyard was given the green light this week to keep pursuing a claim for compensation from a UK company linked to the vessel in a test case for the shipbreaking industry.Britain’s Court of Appeal threw out a request by London-based shipbroker Maran (UK) Ltd for the negligence case to be dismissed
The Interior Department completed its final environmental review of what would the first commercial scale U.S. offshore wind farm, it announced on Monday, clearing a key hurdle needed to permit the project off Massachusetts.The U.S. Bureau of Ocean Energy Management (BOEM)’s final environmental impact statement for the Vineyard Wind project
Reston, Va.-based Leidos said it has entered into a definitive agreement to acquire esteemed naval architecture and marine engineering firm Gibbs & Cox for $380 million in cash, as the defense, engineering and IT conglomerate looks to bolster its expertise as it competes for U.S. Navy unmanned systems contracts.
Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Monday it has asked the Biden administration to restart its permitting process after former President Donald Trump's government abruptly canceled it last month.The company said in a statement it had notified the U.S.
The developer of the first major U.S. offshore wind farm said on Wednesday it will soon apply for a federal permit from President Joe Biden's administration, after former President Donald Trump's government abruptly canceled its initial application last month.Vineyard Wind will resubmit its construction plan to the Bureau of Ocean Energy Management "very very soon
Marine and offshore survey company Ocean Infinity, which recently announced plans to build the world's largest fleet of unmanned surface vessels - the Armada, is now adding what it says are "world's largest marine robotic vessels" to the Armada fleet. Apart from being large—78 meters long—these new robotic vessels will be optionally crewed.
A federal agency said on Thursday it has again delayed a long-awaited environmental study crucial to permitting the first major U.S. offshore wind project, but final approval of the project is expected by mid-January.The study of the 800-megawatt Vineyard Wind project planned for the waters off the Massachusetts coast is expected to be released by December 11, according to a government timeline.