Ports News

 

Port Capacity in Question as UK Offshore Wind Expands

Apr 01, 2022

U.K. port bosses are scratching their heads as to how to meet demand as offshore wind, including new floating projects, ramps up around the country’s coastline.The U.K. government is pushing this source of energy and has a 40-gigawatt (GW) by 2030 target—ramping up from around 30 GW today—for offshore wind. While fixed bottom projects continue to roll out, through some of the world’s largest offshore wind farms…

PD Ports Inks Deal to Bring Seajacks' UK Marine Base to Teesside

May 11, 2022

U.K.-based PD Ports announced it has entered into a long-term deal with offshore energy services company Seajacks to bring their U.K. marine base to the Tees Valley.Formerly based in Amsterdam, the new agreement will see Seajacks utilizing Cargo…

Germany to Help Eastern EU States Without Ports Access LNG - Scholz

May 06, 2022

Germany will show solidarity with European Union countries seeking alternatives to Russian gas and oil, for example helping eastern states without ports in the North or Baltic Seas access liquefied natural gas (LNG), Chancellor Olaf Scholz said on Thursday…

Irish Port Eyes Offshore Wind Opportunities. Taps Bechtel for Assistance

May 06, 2022

Shannon Foynes Port Company has selected Bechtel to update its Vision 2041 master plan to accommodate offshore and onshore investment within and near its harbor in Ireland. Bechtel will support the company in considering how to deliver significant growth and expansion of the port…

Wasco to Buy MMA Offshore's Batam Shipyard

May 02, 2022

Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…

Perenco Shuts Gabon Oil Terminal after 300,000-barrel Leak

May 02, 2022

Anglo-French oil company Perenco has shut its Cap Lopez oil terminal near Port Gentil in Gabon after a storage tank leaked more than 300,000 barrels of oil, it said in a statement.The oil, which amounts to more than Gabon's daily crude output…

RWE Selects O&M Base for Denmark's Largest Offshore Wind Farm

Apr 20, 2022

Renewable energy company RWE has selected Port of Thorsminde from which to carry out the operation and maintenance of its Thor offshore wind farm. With a planned capacity of 1,000 megawatts (MW) Thor will be Denmark’s largest offshore wind farm to date…

US Offshore Wind: Figuring Out the Business

Apr 07, 2022

If awards were given for dominating the sustainable energy spotlight, offshore wind (OSW) would surely be in line for top honors.Consider:Big money: BOEM’s February sale of New York Bight offshore wind development rights drew a record $4.37 billion in developers’ bids…

Russia Resumes LPG exports from Sea of Azov

Mar 29, 2022

Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…

Foss to Develop Offshore Wind Terminal in New Bedford

Mar 23, 2022

The Port of New Bedford in Massachusetts will add another base of operations and terminal logistics facility to support offshore wind projects off the northeastern coast seaboard.Foss is partnering with key local investors of New Bedford’s Cannon…

Russia Warns of Sharp Caspian Pipeline Oil Export Drop After Storm

Mar 23, 2022

Russian and Kazakhstan oil exports via the Caspian Pipeline Consortium (CPC) from the Black Sea may fall by up to 1 million barrels per day (bpd), or 1% of global oil production, due to storm-damaged berths, a Russian official said on Tuesday…

South Brooklyn Marine Terminal to Become an Offshore Wind Hub

Mar 03, 2022

The storied South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, N.Y. will be transformed into a major regional hub for offshore wind under a new agreement signed Thursday.Energy companies Equinor and bp said they reached a deal with terminal…

CGX Energy to Start Dredging, Dock Construction for Port in Guyana

Feb 17, 2022

Canada-based oil company CGX Energy OYL.V will begin dredging and building the docks of a key deepwater port at Berbice, in eastern Guyana, planned to serve the South American nation's oil and agriculture sectors, the firm's chairman said on Wednesday…

Abu Dhabi's AD Ports Raises $1B Before Market Debut

Feb 07, 2022

Abu Dhabi's AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams ($1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse on Tuesday.AD Ports Group, which operates ports, logistics and industrial zones…

Siemens Gamesa Selects Port of Nigg for Moray West Wind Farm Turbines

Jan 25, 2022

Port of Nigg in the Cromarty Firth, Scotland has been conditionally selected by Siemens Gamesa as the planned location for pre-assembly and installation of wind turbines for the Moray West offshore wind farm, offshore wind developer Ocean Winds said Tuesday…

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