Offshore wind developer Orsted ORSTED.CO won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump’s opposition to the renewable energy source.
Denmark’s Orsted and its joint venture partner Skyborn Renewables have filed a lawsuit against the Trump administration, alleging its decision to block construction of the Revolution Wind project off Rhode Island is unlawful, a…
(Bloomberg) — The Trump administration is moving to block the development of more offshore wind projects, the latest in a series of high-profile setbacks for an industry that’s caught the…
The Trump administration will reconsider the permit for SouthCoast Wind, a Massachusetts offshore wind farm approved by the government of former U.S. President Joe Biden last year, according to a federal court…
Maritime Cyber Security Beyond Compliance: IACS unified requirements E26 and E27 | Inmarsat Maritime
The maritime industry is becoming more digitised and interconnected, which creates opportunities to improve maritime safety, efficiency, and sustainability. However, this also makes vessel networks vulnerable to cyber threats, so ship owners and managers must prioritize integrating security measures into their connectivity strategy.
By Skylar Woodhouse (Bloomberg) — Democratic governors are pushing back against President Donald Trump’s plans to halt offshore wind developments. “We are looking for the Trump Administration to uphold all…
Equinor has announced its support for Ørsted’s $9.39 billion rights issue, committing to maintain its 10% ownership stake in the Danish offshore wind developer. The Norwegian energy company plans to…
By Paul Burkhardt Aug 29, 2025 (Bloomberg) –Searching for oil prospects in a block bigger than Rhode Island, Travis Smithard made a last-minute decision to send the Noble Venturer drillship twice as far…
Learn more about the business value of digitalisation for the maritime industry and deep dive into the new business models that rely heavily on digitalisation, connectivity, and collaboration.
By Jennifer A. Dlouhy Aug 29, 2025 (Bloomberg) –The White House is touting President Donald Trump’s commitment to US workers in the run-up to Labor Day, and the Interior Department just praised the…
Off the coast of southern China, a giant, double-headed turbine rises out from among its conventional counterparts, held up by a spiderweb of steel cables and tethered to the seabed below…
U.S. Transportation Secretary Sean P. Duffy has announced the withdrawal or termination of $679 million in funding previously allocated to 12 offshore wind projects across America. The decision marks a…
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Austal USA and Master Boat Builders, Inc. have entered into a memorandum of understanding establishing a strategic outsourcing partnership designed to expand U.S. shipbuilding capacity for government programs. The agreement...
The container shipping industry posted a net income of $4.4 billion for the second quarter of 2025, marking a significant 56% sequential decline from the $9.9 billion earned in Q1,...
Yara Clean Ammonia has marked a significant milestone in maritime decarbonization with the steel cutting ceremony for Yara Eyde, the world’s first renewable ammonia-powered containership. The ceremony officially launches construction...
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