Emanuele Lauro led Eneti Inc. (NYSE: NETI) is poised to change from being a WTIV new entrant to being the biggest player in the offshore wind turbine installation market. It has reached
The first of two new wind turbine installation vessels (WTIVs) under construction at the China Merchants Heavy Industry (Jiangsu) Co shipyard for Norway’s OHT ASA will feature a Wärtsilä integrated propulsion and
Videos posted on YouTube show the collapse, Sunday, of a wind turbine installation vessel (WTIV) jack-up in Huizhou, Guangdong Province, China. At the time of the collapse, there were 64 people aboard
Copenhagen, Denmark, headquartered wind farm installation specialist Cadeler (OSE: CADLR) has signed a $651 million contract with Chinese shipbuilder COSCO Shipping Heavy Industry Co., Ltd. to build two new X-class wind turbine
U.S. offshore wind development is picking up pace, with the Biden administration doing everything open to it to remove kinks from the regulatory pipeline. With multiple Atlantic Coast projects moving along, the
As part of a joint development project with Lloyd’s Register North America, NETSCO engineers and naval architects are responsible for the concept design of a Jones Act compliant Wind Turbine Installation Vessel.
The latest addition to Danish naval architectural consultancy Knud E. Hansen’s Atlas series of wind turbine installation vessels (WTIV) designs, the Atlas A-class, is able to carry four new-generation 14 MW wind
Ørsted and Eversource have reached an agreement to charter Dominion Energy’s Charybdis, the first Jones Act-qualified offshore wind turbine installation vessel (WTIV), for the construction of two offshore wind farms in the
Houston-headquartered Friede & Goldman Ltd (F&G), long a leader in jack-up technology, has partnered with Rotterdam-headquartered Tetrahedron B.V. to offer an interesting new wind turbine installation solution for the U.S. offshore wind
By Basil M. Karatzas, Founder, Karatzas Marine Advisors & Company Until recently, the offshore drilling market had the distinction of employing the most expensive assets in the maritime industry. A decade ago,