Tag Archive For "Offshore"
Renewable energy moves East
Unlike Scrubbers and LSFO which are mitigating the existing problem, renewable energy is a long term solution to the environmental issues faced globally. Europe has led this initiative, and through the last 19 years of development the cost of renewable energy, particularly offshore windfarms has decreased significantly. Shipowners and operators are beginning to see this …
Half Year S&P Review
Bulker A total of 204 bulkers have been sold since the beginning of 2019, interestingly however only 6 of these have been Capesize Bulkers. During a period of 4 months from December – April, no Capesize sales were concluded. This break of 106 days had never been seen in the market before. The lack of …
The Future of Japanese Renewables
Offshore renewables in Japan are about to receive a significant boost after a bill was passed by the Japanese government last November allowing wind farms to operate inside national territorial waters for the next 30 years. Since the March 2011 Fukushima Daiichi nuclear disaster, which was caused by the Tohoku earthquake and subsequent tsunami, Japan …
Global Offshore Layups
Our Head of Offshore Robert Day discusses the first of our global Offshore layups infographics. These will be published once a quarter, so stay tuned! “By observing the figures, we can see the market with the highest layup is the US Gulf. Even with the increased scrapping seen in this region the US Gulf is …