European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 million in impairments in recent days.Orsted, the world's largest offshore wind develo...
Read more
Grounded Cargo Ship Refloated in the Caribbean
A cargo ship that ran aground off St. Thomas in the U.S. Virgin Islands earlier this month has been refloated and towed to a safe mooring location at the Crown Bay Sandfill dock, the U.S. Coast Guard said.Vessel owners and salvors will now coordinate f...
Read more
Panama Canal to Slash Booking Slots Due to Drought
Daily ship crossings on the Panama Canal, one of the world's main maritime trade routes, will be further reduced over the coming months due to a severe drought, the authorities managing the canal said late on Monday.Booking slots will be cut to 25 per ...
Read more
Fire-hit Paranagua Port Berth to Resume Ops Nov. 4
Shipping agent Cargonave said on Tuesday Berth 201 on the West Corridor of Brazil's port of Paranagua would tentatively resume operations on Saturday, according to a note to clients based on information it said it received from the local port…
Read more
DOF to Manage AHTS Duo Previously Owned by Havila Shipping
Norwegian offshore vessel owner Havila Shipping said Monday it had sold the platform supply vessel Havila Commander and the AHTS vessels Havila Jupiter and Havila Venus, following demands from lenders.A day later, Norway-based offshore vessel…
Read more
Carnival Signs 15-year Service Deal with ABB
ABB announced it has secured a 15-year agreement covering service for Carnival Corporation brand vessels powered by Azipod XO electric propulsion systems.The deal aims to simplify service management of Azipod XO propulsion units, with ABB experts…
Read more
Crowley Names Guthman VP of Business Development for Wind Services
Crowley has named offshore wind veteran Christy Guthman as vice president of business development for its Wind Services business as the company grows in the clean, sustainable energy sector.Guthman most recently served as executive general manager…
Read more
China Cooperating in Balticconnector Investigation, Finland Says
Finnish Prime Minister Petteri Orpo on Tuesday that China was cooperating in Finland's investigation of the Hong Kong-flagged NewNew Polar Bear vessel's role in the Oct. 8 damage to the Balticconnector pipeline.Finnish police leading the criminal…
Read more
US Reviews of Gas-export Permits Slow Under Biden Administration
U.S. Department of Energy reviews for liquefied natural gas (LNG) export permits have lengthened under President Joe Biden's administration to 11 months or more, from seven weeks, according to government data.The delay could mean nearly completed…
Read more
US Opens Northernmost Diplomatic Station, in Arctic Norway
The United States on Friday opened its northernmost diplomatic station, highlighting the increased importance of the Arctic region for Washington at a time when cooperation among Arctic nations has been hit by Russia's invasion of Ukraine.Secretary…
Read more