N.J. Gov. Phil Murphy signs measure giving Ørsted a tax break
New Jersey Gov. Phil Murphy on July 6 signed a package of bills that included one which, according to his office, “will enable New Jersey’s first offshore wind project, Ocean Wind 1,
New Jersey Gov. Phil Murphy on July 6 signed a package of bills that included one which, according to his office, “will enable New Jersey’s first offshore wind project, Ocean Wind 1,
The methanol momentum keeps rolling along. Esvagt has reached an agreement with Ørsted that will see it build a sister ship to the world’s first methanol-fueled SOV (service operation vessel). Ordered at
South Fork Wind, New York’s first offshore wind farm, yesterday achieved its “steel in the water” milestone with the installation of the project’s first monopile foundation. The development comes within less than
In order to achieve its net-zero emissions target, the U.K. government is committed to quadrupling its offshore wind farm capacity to 40 gigawatts (GW) by 2030 and is planning on raising this
Westerly, R.I., based community bank The Washington Trust Company reports that it has made a significant commercial loan to Reinauer Group company WindServe Marine, LLC. The funding will enable WindServe to construct
Norwegian cruise ferry operator Fjord Line AS is to convert sister ships MS Stavangerfjord and MS Bergensfjord from single-fuel LNG-engines to dual-fuel LNG/MGO-engines. “The energy crisis, caused by the Russian invasion of
Ørsted is going all in on green e-methanol and sees green fuel for shipping as a major market. Its board has taken a final investment decision (FID) on the 50,000 tonnes/year FlagshipONE
A.P. Moller – Maersk (Maersk) continues to secure new sources of green methanol to fuel its next generation of vessels. In its latest move on this front, it has signed a Letter
The world’s first green-fueled SOV, just ordered by Esvagt, will be built to a design developed by HAV Design, which will also deliver an integrated equipment package including propulsion system, engines, propellers
Turkey’s Cemre Shipyard has booked a milestone order. Esbjerg, Denmark, headquartered service and support vessel operator Esvagt has awarded it the contract to build the world’s first service operation vessel (SOV) planned