Industry News


Germany Preps for More FSRU Vessels

Nov 19, 2024

Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas (LNG)…

Eco Wave Power Gets Permit for Its First US Wave Energy Project

Nov 18, 2024

Eco Wave Power has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its wave energy project at AltaSea’s premises at the Port of Los Angeles.The milestone marks a significant step forward in the development of Eco Wave Power’s pioneering wave energy project…

Mammoet to Marshal XL Monopile Foundations for RWE’s Offshore Wind Farms

Nov 18, 2024

Mammoet has signed a contract with Buss Ports to marshal over 100 XL monopile foundations for RWE’s offshore wind farms Nordseecluster A and Thor.The Nordseecluster, with a planned capacity of up to 1.6 GW, is one of the largest offshore wind…

RWE Picks Home Port for Construction of Denmark’s Largest Offshore Wind Farm

Nov 08, 2024

RWE has selected Thyborøn Port as the offshore construction base for its 1.1 GW Thor offshore wind farm in the North Sea.Thyborøn will be the home port for the project’s service vessels and the control center for managing marine logistics and traffic throughout the offshore construction phase…

Analysts: Trump Hardening Iran Policy Might Not Stem Flow to China

Nov 06, 2024

Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran's top crude customer…

Did You Know? TOP 5 Vulnerabilities Exploited by Ransomware Groups

Oct 23, 2024

Cyber Security in the maritime and offshore energy space has come front and center, with new Cyber Security rules expected soon from the U.S. Coast Guard.How will these new rules impact your bottom line? If you are in New Orleans on November 13…

New LNG Bunker Vessel for TotalEnergies LNG Bunkering Ops

Oct 11, 2024

TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity.This additional vessel might be deployed in Oman, where the company is developing the Marsa LNG…

Tanker Vessels Flock to Guyana as Oil Exports Soar 58%

Oct 09, 2024

“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen…

Van Oord Concludes Construction of Wilhelmshaven FSRU Jetty in Germany

Sep 30, 2024

Van Oord has successfully completed the construction of the floating storage and regasification unit (FSRU) jetty at Wilhelmshaven in Germany for its client Deutsche Energy Terminal (DET).The project was managed by FSRU Wilhelmshaven, a joint venture between ENGIE and TES…

Sarens Lifts Up Maintenance Efforts for Hywind Scotland’s Floating Wind Turbines

Sep 25, 2024

Sarens, a heavy lifting, engineered transport and crane rental services firm, has been commissioned by the Norwegian Port of Wergeland for the replacement of the bearings in the five Hywind Scotland floating wind turbines.Sarens' scope of work…

RWE Gets Long-Term Lease to Set Up O&M Base for Polish Offshore Wind Farm

Sep 23, 2024

RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the FEW Baltic II offshore wind farm in Poland.The base is one of the key elements in the realization and subsequent operation of the planned 350 MW offshore wind farm…

Global Marine Insurance Market Trending Upwards Since COVID

Sep 17, 2024

The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its 150th annual conference in Berlin, Germany, on Monday.The global marine insurance premium base for 2023 was reported as $38…

Ireland and EIB to Jointly Assess Irish Offshore Wind Ports Development

Sep 13, 2024

The European Investment Bank (EIB) and the Irish Department of Transport have established an advisory cooperation to assess capacity, demand and financing strategies for the development of offshore renewable energy port infrastructure, which…

Mammoet Launches World’s Strongest Land-Based Crane for Energy Sector

Sep 02, 2024

Heavy lift and transport services firm Mammoet has launched the SK6000 land-based crane, said to be the world’s strongest, capable of handling large offshore wind components and delivering reduced integration times to offshore oil and gas projects…

Heat Drives Asian LNG Spot Price Spike

Aug 16, 2024

Asian spot liquefied natural gas (LNG) prices rose to their highest in over eight months, with warmer temperatures across the region boosting power demand for cooling purposes.The average LNG price for October delivery into north-east Asia LNG-AS was at $14…

Current News

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

Subscribe for Maritime Logistics Professional E‑News