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Equinor's Empire Wind Project Gets Final Federal Permit

Equinor's Empire Wind Project Gets Final Federal Permit

By The Maritime Executive
February 22, 2024
Equinor's Empire Wind 1 and Empire Wind 2 offshore wind projects have received their final federal permitting approval. The decision enables developer Equinor to move forward once it secures a new off...
Shell Exits Wind Investment Selling South Korea Project to Partner Hexicon

Shell Exits Wind Investment Selling South Korea Project to Partner Hexicon

By The Maritime Executive
February 22, 2024
  Shell has become the latest major to retreat from its earlier plans for investments in offshore wind development agreeing to sell its majority position in one of South Korea’s largest projects. I...
U.S. Navy Helps Thailand With Partial Salvage of Sunken Warship

U.S. Navy Helps Thailand With Partial Salvage of Sunken Warship

By The Maritime Executive
February 22, 2024
The U.S. Navy is helping the Royal Thai Navy to carry out a partial salvage and recovery operation for the wreck of the sunken corvette HTMS Sukhothai, which went down in foul weather in late 2022. ...
EPS Joins Growing Number of Shipping Companies Looking to the Wind 

EPS Joins Growing Number of Shipping Companies Looking to the Wind 

By The Maritime Executive
February 22, 2024
  Wind-assists propulsion is quickly gaining momentum in the shipping industry with an increasing number of majors moving to test the competing technologies. In another sign of acceptance of the po...
Chemship Blazes the Trail with Wind Propelled Chemical Tanker

Chemship Blazes the Trail with Wind Propelled Chemical Tanker

By The Maritime Executive
February 22, 2024
[By:Chemship] Chemship today commissioned its first ship with wind assisted ship propulsion. This makes the MT Chemical Challenger the first chemical tanker in the world to be equipped with sustain...
Dominion Energy Sells Half Virginia Offshore Wind Farm for $3B to Stonepeak

Dominion Energy Sells Half Virginia Offshore Wind Farm for $3B to Stonepeak

By The Maritime Executive
February 22, 2024
  Dominion Energy has agreed to sell half of its planned Coastal Virginia Offshore Wind project in a move the company reports is designed to reduce its risk profile as the giant wind farm moves int...
Chinese Receive ABS AiP for Large WTIV with Dual-Fuel Methanol Power

Chinese Receive ABS AiP for Large WTIV with Dual-Fuel Methanol Power

By The Maritime Executive
February 21, 2024
  A new generation of larger and more capable wind turbine installation vessels is planned to meet the challenges as the industry expands. China’s Yantai CIMC Raffles Offshore has been awarded appr...
NYK Orders First Domestically-Built CTV Anticipating Offshore Wind Demand

NYK Orders First Domestically-Built CTV Anticipating Offshore Wind Demand

By The Maritime Executive
February 21, 2024
  The Japanese shipping industry looks to realize opportunities as the country moves forward with offshore wind energy as one of the government’s pillars of its future energy initiatives. NYK, one...
Australia Releases Plan for Potentially First Indian Ocean Wind Farm

Australia Releases Plan for Potentially First Indian Ocean Wind Farm

By The Maritime Executive
February 21, 2024
  As Australia seeks to accelerate its plans for offshore wind energy development, the government is seeking public input after releasing a plan for the first wind farm for the western shore of the...
Hornblower Recapitalizes Through Bankruptcy, Closing American Queen Voyages

Hornblower Recapitalizes Through Bankruptcy, Closing American Queen Voyages

By The Maritime Executive
February 21, 2024
  Hornblower Group, which operates ferries, excursion boats, and had an inland cruise line, filed for bankruptcy as part of a recapitalization plan with an alternative investment firm. The company’...

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