Wind Report

Emerging Opportunities And Challenges Of The US Offshore Wind Market

As of end September 2021, there were at least 45 offshore wind projects in development representing a $142.5bn CAPEX and $4.8bn annual OPEX opportunity

By Philip Lewis IMA/WER

From Sea To Shining Sea: Addressing Offshore Wind Challenges With Buoy-Based Technology

Facilitating meteorological and oceanographic data collection using validated methods to support the U.S. offshore wind industry

By Alicia M. Mahon, Lindsay M. Sheridan, and Mark Severy − Pacific Northwest National Laboratory

A Floating Power Trio: Wind, Waves And H₂0

Floating offshore wind is now firmly on the radar as a global investment opportunity, with plenty of deeper waters ripe for development. But it’s not just it’s ability to access deeper water resources that many are eying this technology. It’s ability to provide a local power source to, for example, offshore oil and gas facilities or remote islands, is also making it attractive, especially when combined with hydrogen production.

By Elaine Maslin

Green Corridors: The Catalyst For The Decarbonisation Of Maritime Supply Chains.

A new framework, created by the Lloyd’s Register Maritime Decarbonisation Hub, aims to get the industry sharing best practice, helping to scale up smaller decarbonisation successes to large-scale ocean-going shipping.

NYK President Says US Tariffs Will Slow Cargo Flows

Nippon Yusen (NYK), Japan's largest shipping line, is concerned that U.S. President Donald Trump's tariffs could push up the cost of automobiles and daily goods, denting consumer demand and slowing cargo flows, its president said.

Venezuela's Oil Exports Fall After US Imposes More Tariffs

Venezuela's exports of crude oil and fuel fell 11.5% in March as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.

Ammonia Beckons

The popularity of ammonia as a fuel for shipping is likely to benefit from a growing number of green ammonia production projects. Shipowner confidence in the availability of ammonia was displayed this week by Belgian oil tanker group CMB.

Wind Propulsion Key to Cut Shipping Costs and Carbon, According to Report

As the International Maritime Organization (IMO) prepares to meet in London from March 31 to April 11 to finalize measures for its greenhouse gas (GHG) strategy

Kongsberg Maritime Launches Advanced Simulator for Maritime Training

Kongsberg Maritime has launched the K-Sim Offshore DP3 Anchor Handling Simulator, designed for training for complex offshore operations.

NYK Group’s N-O-G Buys its First SOV From Edda Wind

Northern Offshore Group (N-O-G), an NYK Group company, has purchased Mistral Enabler service operation vessel (SOV) from Edda Wind.The 81-meter-long Mistral Enabler SOV, with an onboard capacity for 60 people, will be renamed Northern Ocean.

PEAK Wind Enters into OMA to Oversee Wind Farm Operations

Fengmiao I, a 495 MW offshore wind farm, has reached a financial close. The project is owned by Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure V (CI V).

NYCEDC Makes Additional $18 Million Investment to Upgrade Port Operations

New York City Economic Development Corporation (NYCEDC) announced the execution of three maritime infrastructure related contracts to upgrade port operations at the Brooklyn Marine Terminal.

Greek Energy Ministry: Chevron Interested in Hydrocarbon Exploration off Crete

Chevron has expressed an interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the second such expression for Greek energy by the U.S. oil producer this year, the Greek energy ministry said on Wednesday.

Cadeler Welcomes Wind Pace WTIV Newbuild to its Fleet

Danish offshore wind installation firm Cadeler has taken delivery of its latest jack-up wind turbine installation vessel (WTIV), Wind Pace, marking another significant milestone in the company’s ongoing fleet expansion.

DNV Releases RP for Wind-Assist Technology Performance Testing

DNV is inviting feedback on its newly-released Recommended Practice (RP) to assess the performance of wind-assisted propulsion systems (WAPS).

Keel Laying for Wind Flyer Trimaran Crew Boat

Aesen, in partnership with its Thailand joint venture Uniwise Offshore, marked a milestone in offshore boat innovation with the keel laying of the WIND Flyer Trimaran Fast Crew Boat.