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Eksfin Provides €525M in Financing to Ørsted Based on Exports to Wind Farm

Eksfin Provides €525M in Financing to Ørsted Based on Exports to Wind Farm

By The Maritime Executive
March 24, 2024
[By: Eksfin] Export Finance Norway (Eksfin) is providing loan financing of EUR 525 mn to Ørsted of Denmark, one of the world's largest offshore wind developers. The financing is based on the purcha...
Samskip Continues Network Expansion with Spain-UK-Rotterdam Service Launch

Samskip Continues Network Expansion with Spain-UK-Rotterdam Service Launch

By The Maritime Executive
March 24, 2024
[By: Samskip] Samskip launches shortsea container service connecting Santander, Tilbury and Rotterdam, delivering the service reliability, security and sustainability advantages of intermodal trans...
US Speeds Offshore Wind Farm Development with More Reviews and Tax Guidance

US Speeds Offshore Wind Farm Development with More Reviews and Tax Guidance

By The Maritime Executive
March 22, 2024
  The Biden administration continues to place a high priority on offshore wind as a key part of the country’s renewable energy strategy and is taking steps to support and accelerate the development...
Rem Orders First Methanol-Fueled Offshore Construction Vessel

Rem Orders First Methanol-Fueled Offshore Construction Vessel

By The Maritime Executive
March 21, 2024
  The applications for methanol-fueled vessels meeting the future requirements for zero emissions continue to grow with offshore construction and services company Rem Offshore joining the expanding...
Shell Sells Position in U.S. SouthCoast Offshore Wind JV to Partner

Shell Sells Position in U.S. SouthCoast Offshore Wind JV to Partner

By The Maritime Executive
March 21, 2024
  The realignment in the offshore wind sector continues with Shell reporting that it is honing its portfolio. In the latest move, Shell New Energies exited its 50 percent stake in SouthCoast Wind E...
The Crucial Role of Advanced Fuel Monitoring Systems on Vessels

The Crucial Role of Advanced Fuel Monitoring Systems on Vessels

By The Maritime Executive
March 21, 2024
[By: Aquametro Oil & Marine AG] Since the beginning of this year the EU Emissions Trading System (EU ETS) has been extended to maritime transport emissions to drive emissions reduction and promote...
First Look at U.S.’s Only WTIV Under Construction in Texas for Dominion

First Look at U.S.’s Only WTIV Under Construction in Texas for Dominion

By The Maritime Executive
March 20, 2024
  The first image appeared of the much-celebrated wind turbine installation vessel being built for Dominion Energy at Seatrium AmFELS shipyard in Brownsville, Texas. The vessel will be the first, a...
BOEM Proposes Second GoM Wind Auction Possibly Adding Hydrogen Production

BOEM Proposes Second GoM Wind Auction Possibly Adding Hydrogen Production

By The Maritime Executive
March 20, 2024
  The U.S. Bureau of Ocean Energy Management is moving forward to explore the next round of wind energy auctions in the Gulf of Mexico. They plan to release tomorrow the details for four potential...
Norway Completes First Offshore Wind Auction with Ikea Franchisee and Jera

Norway Completes First Offshore Wind Auction with Ikea Franchisee and Jera

By The Maritime Executive
March 20, 2024
  Norway completed its first offshore wind auction by selecting a partnership between the investment arm of Ingka Group, based in the Netherlands and the largest Ikea franchiser, and Parkwind, majo...
South Korean Tanker Capsizes, Killing Eight

South Korean Tanker Capsizes, Killing Eight

By The Maritime Executive
March 20, 2024
  A South Korean-registered chemical tanker was lost off Japan during a storm today. The Japan Coast Guard is reporting that one person was rescued and the bodies of eight other crewmembers were re...

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