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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’...
Maine Selects Preferred Site for Port to Support Offshore Wind Industry

Maine Selects Preferred Site for Port to Support Offshore Wind Industry

By The Maritime Executive
February 20, 2024
The State of Maine has selected a section of state-owned Sears Island, north of the city of Portland and located in Penobscot Bay as its preferred site for a port facility to support the offshore wind...
Disaster Recovery Teams Join as Mysteries Grow in Tobago Oil Spill

Disaster Recovery Teams Join as Mysteries Grow in Tobago Oil Spill

By The Maritime Executive
February 20, 2024
  Two weeks after an oil barge being towed through the waters near the Caribbean Island of Tobago capsized and started what has been declared a “national disaster,” officials in the island nation o...
RINA AiP for Blue Wasp Marine’s Pelican Performance Prediction Software

RINA AiP for Blue Wasp Marine’s Pelican Performance Prediction Software

By The Maritime Executive
February 20, 2024
[By Blue Wasp Marine] Software is first of its kind for wind assisted ships to gain class recognition Blue Wasp Marine is pleased to announce that RINA has awarded an Approval in Principle (AiP)...
New Norwegian Venture Orders First Methanol Hybrid Battery CSV

New Norwegian Venture Orders First Methanol Hybrid Battery CSV

By The Maritime Executive
February 19, 2024
  The application of methanol-fueled propulsion continues to expand with a new partnership reporting it has ordered the first Construction Support Vessel (CSV) equipped with a methanol engine and b...
First Wind Sails Fitted to a Chemical Tanker Operated by Chemship

First Wind Sails Fitted to a Chemical Tanker Operated by Chemship

By The Maritime Executive
February 19, 2024
  Chemship, a Netherlands-based operator of liquid bulk carriers, reports it completed what it believes is the world’s first installation of wind-assisted propulsion on a chemical tanker. The commi...

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