As part of the refurbishment for the operations and maintenance (O&M) base for the Rampion offshore wind farm, Inland and Coastal Marina Systems (ICMS) has installed a floating concrete breakwater within the Port of Newhaven to provide safe berthing facilities for crew transfer vessels (CTV)…
Three Welsh companies have been selected for Offshore Renewable Energy (ORE) Catapult’s first Fit 4 Offshore Renewables (F4OR) program, aimed at boosting their skills and expertise in delivering support for the floating wind sector in Wales…
The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U…
BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry as the global demand for more renewable sources of energy increases…
Out of the 380 GW of pre-sanctioned offshore wind capacity that is forecast to reach FID between 2024 and 2030, nearly 40% of the pipeline is considered to be at risk, according to the new research by Westwood Global Energy Group.In its Project Certainty White Paper…
The U.S. Department of Energy (DOE) has set out plans to invest $4.75 million to establish a new national center of excellence to accelerate offshore wind deployment across the United States.The Academic Center for Reliability and Resilience of Offshore Wind (ARROW)…
The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Innovation Fund Denmark have announced an intention to release a $4.2 million funding opportunity to advance floating offshore wind energy systems.The announcement…
Seaway 7 and Dong Fang Offshore have signed a memorandum of understanding (MoU) outlining their intention to collaborate in offshore wind market in Taiwan, with a focus on cable installation.The collaboration will focus on developing a robust…
DNV has published a substantial revision to the ‘go-to standard’, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets.The new…
US Forged Rings (USFR) has unveiled plans to invest $700 million to construct a state-of-the-art tower fabrication facility and a steel forging plant that would serve the U.S. offshore wind industry.The U.S.-based company will use these two…
Orsted, the world's biggest offshore wind farm developer, trimmed its investment and capacity targets on Wednesday and paused dividend payouts as part of a major review.The Danish company has battled to restore investor confidence after halting the development of two U…
S&P downgraded Danish wind power giant Orsted to BBB on Wednesday, citing higher leverage on its balance sheet and major U.S. impairments in 2023 due to supply chain delays and higher costs.S&P said Orsted's business risk profile has weakened from last year…
Eidesvik Offshore, a Norwegian offshore vessel owner, has signed a ship management contract extension with DEME for construction support vessel (CSV) Viking Neptun.The three-year extension also includes a two-year option for further extension…
Dutch company Fugro has secured the geophysical survey contract for the development of the Doordewind offshore wind farm zone in the Netherlands.The Doordewind project, led by the Netherlands Enterprise Agency (RVO), is part of the Dutch Government’s Offshore Wind Energy Roadmap 2030…
Naval architecture and marine engineering firm BMT unveiled its new design for a 48-meter service operation vessel (SOV).BMT said the mid-sized vessel sits in between crew transfer vessels (CTV) and typical SOVs, providing a more cost-effective…
Subscribe
