European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues."This agreement reflects…
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Equinor, BP Cancel Contract to Sell Offshore Wind Power to New York
European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues."This agreement reflects…
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Eastern Awarded Contract to Complete MPSV Builds for Hornbeck
Panama City Fla. based Eastern Shipbuilding Group announced it has been awarded a contract to complete construction of two ultra high-spec 400 class multipurpose support vessels (MPSVs) for Hornbeck Offshore Services (HOS).The newbuilds were originally...
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Eastern Awarded Contract to Complete MPSV Builds for Hornbeck
Panama City Fla. based Eastern Shipbuilding Group announced it has been awarded a contract to complete construction of two ultra high-spec 400 class multipurpose support vessels (MPSVs) for Hornbeck Offshore Services (HOS).The newbuilds were originally...
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Chinese Shipyard Launches Cadeler’s Newbuild Offshore Wind Vessel
Cosco Shipyard in China has launched Cadeler’s newbuild vessel Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load.The launching of Wind Peak is a critical milestone that marks the comp...
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Chinese Shipyard Launches Cadeler’s Newbuild Offshore Wind Vessel
Cosco Shipyard in China has launched Cadeler’s newbuild vessel Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load.The launching of Wind Peak is a critical milestone that marks the comp...
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Germany Calls Red Sea Attacks Unacceptable, Assessing Mission Options
Attacks on merchant ships in the Red Sea are unacceptable and must stop, a spokesperson for the German foreign ministry said on Wednesday, adding that Berlin was in contact with Brussels on a possible European Union maritime mission in the region."Thes...
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Houthis Say They ‘Targeted’ Containership, No Damage Reported
Yemen's Iran-backed Houthis said on Wednesday they had "targeted" a container ship bound for Israel, a day after the U.S. Central Command (CENTCOM) said the militant group had fired two anti-ship ballistic missiles in the southern Red Sea.The Houthis…
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Baltic Dry Index Edges Down as Demand for Smaller Vessels Slips
The Baltic Exchange's dry bulk sea freight index eased on Wednesday, as falling rates for panamax and supramax vessels overshadowed gains in the capesize segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vess...
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Ivø Appointed Deputy Secretary General at BIMCO
BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from January 1, 2024.Ivø joined BIMCO in early 2022 to lead the Contracts & Support department. Prior to working at BIMCO, Ivø headed…
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