Glencore ditches plans to sell coal business as fossil fuels remain cash cow
More steelmaking mergers and acquisitions could be looming
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August 2024
Offshore Wind: Inside the Financial Web
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately…
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Maersk eyes up to 60 new dual-fuel ships as it seeks to match fleet renewal pace
Danish shipping giant A.P. Moller Maersk has unveiled that it is in the process of signing newbuilding orders and time-charter contracts for dual-fuel vessels to match the planned renewal pace of around 160,000 TEUs per year.
The post Maersk eyes up to…
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International Seaways posts earnings miss as it guides for lower spot rates
New York owner saw TCE rates tumble year on year and weaken into current market
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UUV Integration Will Transform Submarine Tactics
For decades, submarines have been the apex predator, roaming the oceans largely unmolested, gathering intelligence, providing a sea-based nuclear deterrent, and conducting clandestine missions with impunity. As such, these versatile and lethal…
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