The German government is providing funding to support the installation of an auxiliary wind propulsion system on board a cement carrier vessel.Hamburg-based Baltrader Capital GmbH & Co. KG. has signed a contract with wind propulsion systems…
German Government Funds Rotor Sail Install on Baltrader Cement Carrier Read More »
The United States’ Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind project, marking another milestone in advancing the New York offshore wind project.With this permitting action by …
BOEM Approves COP for Equinor’s Empire Wind Project Read More »
Shipbuilding group Austal Limited announces that Austal Australia has been awarded a contract extension for the construction of two additional Evolved Cape-class Patrol Boats for the Royal Australian Navy.The A$157 million contract follows the…
Austal Awarded Contract for Two More Patrol Boat Builds Read More »
Renewable energy firm Avangrid and fund manager Copenhagen Infrastructure Partners said on Thursday their joint venture, Vineyard Wind 1, has begun operations at five of its wind turbines, supplying 68 megawatts (MW) to the New England grid.Currently…
Five Turbines Power Up at Vineyard Wind Read More »
Rates were assessed more than $2,000 higher on Thursday as activity awakes
Capesize spot rates jump up as major miners get back in business after Lunar New Year Read More »