offshore wind

This year proved once again that the maritime industry is one of the most important and exciting industries on the planet. As 2023 comes to a close,

Danish energy company Ørsted has announced its final investment decision (FID) on Hornsea 3, the world’s largest single offshore wind farm. With a

Norwegian shipbuilder VARD, a subsidiary of Italian shipbuilding group Fincantieri, has announced that it has signed a $200 million contract with Japanese

Cadeler A/S (OSE: CADLR) has announced the signing of EUR 550m Senior Secured Green Loan Facilities with a group of banks to refinance existing vessels in

Members of the Biden Administration, along with various departments and officials, have announced a joint commitment to evaluate additional areas off the coast

New York State has reached a significant milestone in its clean energy efforts with the successful delivery of power from the first operational wind turbine at

German energy company RWE has entered into a partnership with United Arab Emirates state-owned renewable energy company Masdar to develop the Dogger Bank South

By Scott DiSavino and Nichola Groom Nov 30 (Reuters) – New York will release a new offshore wind solicitation on Thursday to keep the

Damen Shipyards Group has unveiled a fully electric Service Operations Vessel (SOV) equipped with offshore charging capabilities, harnessing electricity

The U.S. Department of the Interior has announced its approval for the Empire Wind offshore wind project, marking the sixth commercial-scale offshore wind

New York Governor Kathy Hochul announced today the successful installation of the first offshore wind turbine for the South Fork Wind project. The installation

By Priscila Azevedo Rocha (Bloomberg) — The crisis engulfing Europe’s wind industry is proving to be a wake-up call: things have to change

By Sing Yee Ong (Bloomberg) — Japanese companies are dropping out of offshore wind projects in Taiwan, one of fastest growing markets for the

(Bloomberg) — The UK government raised the support price for new offshore wind farms by 66% as it tries to rekindle investment in a crisis-hit sector

By Rachel Morison and Priscila Azevedo Rocha (Bloomberg) — Orsted A/S has withdrawn from a partnership developing offshore wind projects in Norway as

By Valerie Volcovici WASHINGTON, Nov 6 (Reuters) – Denmark’s Orsted is still “committed” to

By Leslie Kaufman (Bloomberg) — The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe

(Bloomberg) — The crisis engulfing the US offshore wind industry escalated as Orsted A/S and BP Plc became the latest developers to take large writedowns

Nov 1 (Reuters) – Renewable energy firm Orsted on Wednesday halted the development of two U.S. offshore wind projects and said

Oct 31 (Reuters) – Energy giants BP and Norway’s Equinor have booked hundreds of millions of dollars worth of impairments on their