Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project delays, soaring costs, and the potential loss of federal support under former President Donald Trump’s proposed policies.
Dutch offshore contractor Allseas has launched a five-year plan to design, develop and deploy a Small modular reactor (SMR) tailored for integration into offshore vessels and for onshore use.Building on 40 years of engineering expertise in the offshore energy industry, Allseas move into nuclear marks the next bold step aimed at delivering clean, high-performance energy systems to sea and shore.
Renewable energy company Source Galileo has signed a non-exclusive memorandum of understanding (MoU) with Portland Port, a commercial port on the South Coast of England, to jointly advance offshore wind development off Dorset coast in English Channel.Portland Port has a history of servicing the offshore wind sector and is in discussions with potential partners to enable and support the future
A barge wreck found in September last year has been confirmed as the earliest known shipwreck discovered to date in Western Australia's Swan River, the WA Museum said. The barge was identified as one that lost in 1882 while carrying limestone from Fremantle to Perth.The State Government's release of detailed 3D multibeam surveys of the Swan River riverbed played a crucial role in the initial
Turkey-based tanker operator Palmali on Friday lost its London lawsuit against the trading arm of Russian oil producer Lukoil over a purported deal to provide oil products.Palmali, controlled by Azerbaijan-born businessman Mubariz Mansimov, first sued Lukoil's Swiss subsidiary Litasco at the High Court in 2017 and was initially seeking nearly $2 billion.
The sale of nuclear-powered submarines to Australia under the AUKUS treaty faces new doubts as U.S. President Donald Trump's tariffs take hold, and amid concern in Washington that providing the subs to Canberra may reduce deterrence to China.Whether the United States can boost submarine production to meet U.S.
Green Marine is an environmental certification program for North America’s maritime industry, a voluntary initiative that helps its participants to improve their environmental performance beyond regulations. But participation in the Green Marine program requires rigor in planning, executing, measuring and reporting an organization’s performance across 14 indicators