August 4, 2022
US Stays the Course Toward Offshore Wind Targets

US Stays the Course Toward Offshore Wind Targets

The events of the last month have shown that, despite some negative factors, the impetus to continue to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts…
August 4, 2022
Rocketing Tanker Freight Rates Send Mexico’s Fuel Costs Soaring

Rocketing Tanker Freight Rates Send Mexico’s Fuel Costs Soaring

High rates worldwide for moving oil are driving up Mexico’s fuel costs as importers face tanker fees on North America’s busiest maritime route that are more than double levels seen in recent years, traders and shippers said.On routes to Mexico…
August 4, 2022
Russia to Spend $30 Billion on Northern Sea Route by 2035

Russia to Spend $30 Billion on Northern Sea Route by 2035

Russia is to spend almost 1.8 trillion roubles ($30 billion) on the Northern Sea Route development project up to 2035, according to a document uploaded to the government's website.The document said the sea route, which is being facilitated by reduced sea ice as a result of climate change, is "a very
August 4, 2022
Manor Renewable Energy’s New CTVs Pass Sea Trials

Manor Renewable Energy’s New CTVs Pass Sea Trials

Singaporean shipbuilder Strategic Marine said the two new crew transfer vessels (CTV) it has built for U.K. services firm Manor Renewable Energy Ltd (MRE) have passed sea trials.The 27.1-meter aluminum catamarans, Manor Victor and Manor Vulcan…
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