Featured News
Hai Long Offshore Wind Project completes NT$55 billion financing
Hai Long Offshore Wind Project has completed NT$55 billion in additional financing, expanding its group of supporting financial institutions to 35 as construction continues in Taiwan.
Sumitomo Corporation Takes 33.3% Stake in Gwynt Glas Offshore Wind Project
Sumitomo Corporation has acquired a 33.3% stake in the up to 1.5 GW Gwynt Glas floating offshore wind project in the UK Celtic Sea, joining EDF power solutions UK and Ireland and ESB.
Hanwha Offers Up to $1.2 Billion to Acquire Austal USA
Hanwha Group has offered up to $1.2 billion to acquire Austal USA and its operating assets as it seeks to expand its shipbuilding and defense business in the United States.
Cadeler Orders Two T-Class Offshore Wind Vessels from COSCO Shipping Offshore
Cadeler has ordered two T-class offshore wind installation vessels from COSCO Shipping Offshore in Qidong, China, for approximately EUR 805 million, with delivery scheduled for 2030 and 2031.
ZHE SHAN Brings Final 7,200 tonnes INEOS Project ONE Module to Antwerp
ZHE SHAN has brought the final 7,200 tonnes module for INEOS Project ONE to Antwerp as construction and commissioning work continues at the ethane cracker site.
In-depth Report: Maritime AI Enters Payback Era as Shipping Demands Measurable ROI
Maritime AI is moving from pilot projects to commercial deployment as shipowners demand measurable ROI from voyage optimisation, navigation, bunker operations and digital workflows.
Ratio Petroleum Energy LP raises Pharos Energy plc offer to £146.4 million
Ratio Petroleum Energy LP has raised its recommended cash offer for Pharos Energy plc to £146.4 million, with the Pharos board switching its support back to the revised Ratio proposal.
ExxonMobil Moçambique Awards McDermott LOI for Rovuma LNG Phase 1
McDermott Energy Solutions (UK) has received an LOI from ExxonMobil Moçambique for engineering and procurement work on Rovuma LNG Phase 1 ahead of a planned 2026 FID.
RWE agrees $1.22 billion settlement to relinquish U.S. offshore wind leases
RWE U.S. Offshore has agreed a $1.22 billion settlement with the U.S. Department of the Interior and will relinquish offshore wind leases in New York Bight, California and Louisiana.
