Doubtful anyone from SHI, or Korea for that matter, will understand the title of this article, but that’s ok. Here’s the latest offshore wind news…
SEOUL (Dow Jones)–Samsung Heavy Industries Co. (010140.SE) said Wednesday it signed a memorandum of understanding to build a wind-power generator plant in Scotland, giving the South Korean shipbuilder an entry into Europe’s offshore wind-power generator market.
Samsung will build a electricity transmission network in Fife, a coastal area of Scotland, in a pilot project to sell electricity produced from an offshore seven-megawatt wind-power generator starting from 2014, the company said in a statement.
-By Kyong-Ae Choi, Dow Jones Newswires
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,875 members that receive our newsletter.
Have a news tip? Let us know.
(Bloomberg) — Constellation Oil Services Holding SA’s bondholders are reaping a windfall due to increased demand for the company’s offshore rigs from Petroleo Brasileiro SA, a sharp recovery for a...
SINGAPORE, April 11 (Reuters) – Spot marine biofuel premiums have weakened further at the world’s largest bunker hub Singapore, weighed by slow demand, market sources said this week. Premiums for the flagship...
SYDNEY/WELLINGTON, April 10 (Reuters) – The U.S. Coast Guard has rejected comments by a Chinese diplomat that its recent boardings of Chinese fishing boats in the Pacific Islands alongside local police are illegal, saying...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,875 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
