News for the seafarers
New York Governor Kathy Hochul announced today the successful installation of the first offshore wind turbine for the South Fork Wind project. The installation marks a critical milestone in what…
Orsted is attributing the cancellation of its Ocean Wind projects to factors including high inflation, rising interest rates and supply chain constraints, particularly a vessel delay that considerably impacted project…
(Bloomberg) — The crisis engulfing the US offshore wind industry escalated as Orsted A/S and BP Plc became the latest developers to take large writedowns on projects, putting President Joe…
Nov 1 (Reuters) – Renewable energy firm Orsted on Wednesday halted the development of two U.S. offshore wind projects and said related impairments had surged, as the industry grapples with supply chain delays and higher…
(Bloomberg) — As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after warning of billions of euros…
By Scott DiSavino and Nichola Groom Sept 18 (Reuters) – U.S. President Joe Biden’s plan to deploy 30,000 megawatts (MW) ofoffshore wind by 2030 is still possible, although not easy, the CEO of…
(Bloomberg) — Orsted A/S said it’s prepared to walk away from projects in America unless the White House guarantees more support, highlighting the myriad challenges facing wind-energy developers in the…
The state of New Jersey has approved agreements with Ørsted for the development and sublease of up to 34 acres at the New Jersey Wind Port (NJWP), a specialized port…
(Bloomberg) — Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this week — just as the world needs clean energy more…
LONDON, June 20 (Reuters) – BP BP.L and Orsted ORSTED.CO have resolved a dispute over an overlapping zone in the UK North Sea between the BP-led Endurance carbon capture project and the Danish firm’s planned Ho…