
Fayard Defends Arc7 Tanker Work Amid Yamal LNG Pressure
Fayard Shipyard defended its Arc7 tanker maintenance as European lawmakers challenged the yard’s role in supporting vessels linked to Russia’s Yamal LNG exports.

Fayard Shipyard defended its Arc7 tanker maintenance as European lawmakers challenged the yard’s role in supporting vessels linked to Russia’s Yamal LNG exports.

Cadeler has signed an EIFO-backed EUR 247 million green loan to partly fund Wind Apex, its third A-class offshore wind installation vessel, with delivery expected in Q2 2027.

MODEC’s FPSO Cidade de Niterói MV18 has arrived in Denmark for ship recycling after completing demobilization from the Marlim Leste oil field offshore Brazil.

Denmark has received bids for two offshore wind areas totaling at least 1.8GW as the country moves ahead with new North Sea and Hesselø projects.

The European Commission has approved a €5 billion Danish State aid scheme for the Hesselø and North Sea I Mid offshore wind farms, supporting up to 1.8 GW of new capacity through a capability-based two-way CfD model over 20 years.

DEA has authorized start-up of the 1 GW Thor offshore wind farm in the North Sea. RWE leads construction and operations, with completion required by end-2027 and a 30-year production permit.

Island Oil appointed Christian Larsen as Senior Trader as it establishes operations in Denmark, expanding its marine fuel trading footprint in northern Europe.

Ørsted said it has no plans to merge with or take over Equinor’s renewables business, following Equinor’s proposal for closer ties. The Danish offshore wind company said it remains focused on executing its strategy.

Copenhagen Infrastructure Partners will invest USD 3 billion in its first offshore wind project in the Philippines with ACEN, supporting the country’s renewable energy transition.
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