Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind…
President Donald J. Trump signed an Executive Order on Monday aimed at eliminating subsidies for wind and solar energy in furtherance of the recently enacted One Big Beautiful Bill Act…
PARAMARIBO, July 5 (Reuters) – Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie…
Copenhagen-based offshore wind installation specialist Cadeler A/S (NYSE: CDLR / OSE: CADLR) announced today that Ørsted A/S has terminated their long-term agreement for a newbuild A-Class wind turbine installation vessel….
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.
The Crown Estate, which manages King Charles’ public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to the previous year, with offshore wind leases its…
Equinor has officially launched the Service Operations Vessel (SOV) ECO Liberty for deployment in its Empire Wind offshore wind project in New York. The vessel was christened on Saturday at a ceremony…
The UK North Sea energy landscape is set for a major transformation with the announcement of Adura, soon to become the region’s largest independent oil and gas producer. The new…
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.
The Department of the Interior has announced new policy measures to accelerate the exploration and development of offshore critical minerals essential for the nation’s energy, technology, and defense sectors. These…
The Bureau of Ocean Energy Management (BOEM) has announced a Proposed Notice of Sale for Lease Sale 262, offering approximately 15,000 unleased blocks across the Gulf of America’s Western, Central,…
Britain has issued tougher new environmental rules for fossil fuel projects with implications for the development of two vast North Sea oil and gas fields by Shell and Equinor.
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Department of Homeland Security Secretary Kristi Noem announced yesterday the partial termination of a contract with Eastern Shipbuilding Group (ESG) for two Offshore Patrol Cutters (OPCs), citing significant delays and...
Two units of South Korean shipbuilding conglomerate HD Hyundai have signed a strategic partnership agreement with Germany’s NEURA Robotics to develop specialized humane-like welding robots for the shipbuilding industry. The...
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
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