Offshore News


Exxon Considers Selling Stake in LNG Terminal Offshore Italy

Mar 16, 2023

Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…

Offshore Wind Hub Planned at Avondale Global Gateway in Louisiana

Mar 13, 2023

An offshore wind hub is coming to the site of the former Avondale Shipyard in Louisiana as the region ramps up to service the growing renewable energy industry in the U.S. Gulf of Mexico.New Orleans-based Gulf Wind Technology (GWT) announced…

Crowley Aims to Set Up Offshore Wind Terminal at Port Fourchon

Feb 09, 2023

U.S. maritime and logistics company Crowley said it has made a deal that could see it lease and develop an offshore wind terminal in Louisiana's Port Fourchon.The Right of First Refusal agreement was reached during Wednesday’s Greater Lafourche Port Commission (GLPC) Board Meeting in Cut Off…

Dominion 'on track' with $9.8B VA Offshore Wind Farm

Feb 08, 2023

Dominion Energy executives said on Wednesday that the electric utility's $9.8 billion offshore Virginia wind farm is on track and on budget, having recently entered a critical phase of the environmental review process.The roughly month-long…

Frontiers Extend as Developers Eye Floating Wind Potential

Feb 08, 2023

America may have only entered the offshore wind sector recently, but it is wasting no time in playing catch-up. The White House has set targets of 30 GW of offshore wind capacity by 2030 and 110 GW by 2050. The focus so far has centred on bottom-fixed installations…

Ports & Logistics: Building A New Energy Industry

Feb 06, 2023

2022 closed with significant developments to advance offshore wind (OSW) and the necessary, related work required at U.S. ports – on the east and west coasts and the Great Lakes. Some of these developments included:Funding – MARAD’s Port Improvement…

Onshore Funding for US Offshore Wind

Jan 25, 2023

Most of the media coverage of offshore wind development in the United States focuses on the leases of the offshore areas where the wind turbines will be located. However, equally important is the landside dimension of these projects, including the manufacture…

Ship Recycling ticks up; Supply Needed

Jan 23, 2023

A degree of increased positivity has entered recycling markets this week, said GMS, as prices push on in both India (off the back of firming steel and settling currencies) and Bangladesh (off of a rising demand and a currency that has recently found its stability around BDT 105)…

Ship Recycling Prices Continue to Slide

Nov 07, 2022

According to GMS, 'some unbelievably low and unrealistic offers' have started to emerge from sub-continent markets this week, and as such, both owners and cash buyers would be well advised to leave ship recycling destinations alone for the time-being…

Crowley, Humboldt Bay to Develop and Operate California Wind Terminal

Oct 27, 2022

Crowley signed an agreement on Thursday with the Port of Humboldt Bay to exclusively negotiate to be the developer and operator of a terminal to serve as California’s first hub for offshore wind energy installations.  Through Crowley’s Wind Services group…

New Study to Look at Irish Ports and Offshore Wind

Oct 25, 2022

Gavin & Doherty Geosolutions (GDG), a specialist engineering consultant, is undertaking an EU-wide study to determine potential funding models to improve Irish port infrastructure to the scale required to achieve the Government target of 7 GW of offshore wind in Irish waters by 2030…

Biden Administration, East Coast States to Push Wind Energy

Jun 23, 2022

The Biden administration is partnering with 11 East Coast states to accelerate the development of offshore wind facilities, including addressing supply chain issues, advancing construction and boosting jobs, the White House said on Thursday…

VIDEO: One-on-One with Pieter van Oord, CEO, Van Oord

Jun 07, 2022

Pieter van Oord is candid in discussing the future growth of his storied company’s activities in offshore wind with specific insights on challenging current jobs, Van Oord’s recent order of a massive and groundbreaking Wind Turbine Installation Vessel…

Liberty Green Creates Offshore Wind Consortium

May 17, 2022

Liberty Green Logistics LLC, (Lake Success, NY) formed an offshore wind supply chain consortium to provide 'Factory to Farm' logistical support and integrated supply chain services to the U.S. offshore wind industry. The consortium is on a non…

Mass Maritime Puts on Offshore Wind Training Demo for Governor Baker

May 12, 2022

Governor Charlie Baker, Energy and Environmental Affairs (EEA) Secretary Bethany Card, and Massachusetts Clean Energy Center CEO (MassCEC) Jennifer Daloisio joined Massachusetts Maritime Academy (MMA) officials for a Global Wind Organization (GWO) training demonstration at the Academy…

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