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U.S. moves to develop wind energy projects off California and New York

The U.S. Bureau of Ocean Energy Management (BOEM) has made two major steps recently in the development of offshore wind energy projects in federal waters off the coasts of New York and California.  On Wednesday, BOEM announced its f...

24/03/2016 Read

UK: Cluff shops for North Sea assets

Cluff Natural Resources (CLNR) has signed heads of terms agreement with Verus Petroleum UK in relation to the proposed acquisition of up to a 25% participating interest held by Verus in three licenses located in the Central North Sea and the Moray Fi...

23/03/2016 Read

Dry bulk market still in limbo as owners resist ordering new ships

With 12 weeks of 2016 now over, the dry bulk market is still looking bleak, BIMCO says, seeing that the current low demand for transportation of commodities continues. The market is doing what it can by scrapping old ships and restraining from ord...

23/03/2016 Read

Construction of Nobelwind kicks off

Nobelwind has announced the beginning of the construction works the Nobelwind (Belwind 2, Bligh Bank II) offshore wind farm in Belgium. The first activities will be performed in the port of Oostende, on the REBO site, where the firs...

23/03/2016 Read

Finnish, Chinese designers cooperate on offshore vessels

Finland’s Wärtsilä’s has informed that its Ship Design unit has entered into a cooperation agreement with Shanghai Merchant Ship Design & Research Institute (SDARI), China-based ship design house. SDARI is a part of the C...

22/03/2016 Read

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