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Japan Accelerates Offshore Wind Selecting Consortiums for Two Larger Farms

Japan Accelerates Offshore Wind Selecting Consortiums for Two Larger Farms

By The Maritime Executive
December 25, 2024
Japan selected two consortiums to develop offshore wind projects as it seeks to accelerate its renewable energy programs. Combined the two projects would provide over 1 GW of energy and one could be...
Another Later-Stage Development U.S. Offshore Wind Farm Shelved

Another Later-Stage Development U.S. Offshore Wind Farm Shelved

By The Maritime Executive
December 24, 2024
Vineyard Wind, an affiliate of Copenhagen Infrastructure Partners, confirmed in a brief statement that it is shelving the proposed Vineyard Wind 2 project in response to Connecticut’s decision not t...
Windward Maritime Intelligence Business Agrees to Buyout from U.S. Investor

Windward Maritime Intelligence Business Agrees to Buyout from U.S. Investor

By The Maritime Executive
December 24, 2024
Predictive maritime intelligence company Windward, which harnessed the power of AI to create a unique platform, has agreed to a buyout by U.S.-based FTV Capital Group, a growth equity investment fir...
Trump Orders Panama to Lower Transit Rates or "Return" Canal to the U.S.

Trump Orders Panama to Lower Transit Rates or "Return" Canal to the U.S.

By The Maritime Executive
December 23, 2024
  The government of Panama has pushed back against President Donald Trump's new demand to lower charges for U.S. vessels or "return" the Panama Canal to American custody. Over the weekend, Trump...
Santa Cruz's Historic Pier Collapses in Severe Pacific Storm

Santa Cruz's Historic Pier Collapses in Severe Pacific Storm

By The Maritime Executive
December 23, 2024
  A historic wharf on Santa Cruz's waterfront has collapsed in heavy surf, sending three inspectors into the water and scattering debris along the waterfront.  Over the weekend, forecasters pred...
FSG Shipyards Get Temporary Financing from German State to Continue Work

FSG Shipyards Get Temporary Financing from German State to Continue Work

By The Maritime Executive
December 23, 2024
The bankrupt German shipbuilding group FSG-Nobiskrug Holding received temporary financing to keep the operations open while efforts continue to seek permanent investors. The group had been forced in...
BOEM's Next Steps in Competitive Leasing Process for Offshore Wind Energy

BOEM's Next Steps in Competitive Leasing Process for Offshore Wind Energy

By The Maritime Executive
December 23, 2024
[By: BOEM] The Bureau of Ocean Energy Management (BOEM) announced today that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The determi...
McAllister Towing Celebrates 160 Years While Focusing on the Future

McAllister Towing Celebrates 160 Years While Focusing on the Future

By The Maritime Executive
December 23, 2024
The maritime community came together last week to mark the 160th anniversary of the founding of McAllister Towing, a leader in ship docking, towing, and maritime transport. From humble beginnings wi...
Offshore Wind Drives Shipyard Expansion - In Dubai

Offshore Wind Drives Shipyard Expansion - In Dubai

By The Maritime Executive
December 22, 2024
  Offshore wind development is driving shipyard expansion in an unexpected place - Dubai, the glittering financial hub of the Arab world.  Last week, GE Vernova and DP World's shipyard division...
Report: Policy Rethink Needed for India’s 2030 Offshore Wind Goal

Report: Policy Rethink Needed for India’s 2030 Offshore Wind Goal

By The Maritime Executive
December 22, 2024
  The last two years has seen India take significant steps to spur the development of offshore wind energy. A notable milestone was the approval of the $821 million Viability Gap Funding (VGF) prog...

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