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Utility Iberdrola sees earnings growing by as much as 7% in 2024

Posted to Maritime Reporter on May 4, 2024

to invest 12 billion euros ($ 13 billion) throughout the year, a. new record for the company. It added it anticipated its 2024 dividend to rise in line with. net earnings. Executive Chairman Ignacio Sanchez Galan stated Iberdrola. would continue to invest substantially in the energy.

France's Engie takes $774 mln charge for US wind turbines, cost drop

Posted to Maritime Reporter on May 4, 2024

turbines in the United States and a fall in some U.S. energy rates. while the cost drop remained in the U.S. Southwest Power Swimming Pool (SPP),. which ranges from Montana in the north to New Mexico in the south. It's a very local concern, it's company-related, the bulk of.

Colombia's Celsia weighs taking out of wind jobs amidst neighborhood resistance

Posted to Maritime Reporter on May 4, 2024

communities. manufacturer off its reliance on fossil fuels. delays, with lots of promised jobs still not in operation. project in Peru. Due to the fact that of, technical impossibilities to get in into operation ... delays in transmission lines, Celsia added. megawatts. in 2023 to about $89 million.

Tape United States renewable energy financial investment insufficient to meet environment goals -report.

Posted to Maritime Reporter on May 4, 2024

U.S. released on Wednesday. non-profit Energy Development examined U.S. Reduction Act (INDIVIDUAL RETIREMENT ACCOUNT). The findings were blended. electric automobiles are satisfying researchers' projections. energy innovations like wind and solar farms. 9.4%, according to the report.

Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.

Posted to Maritime Reporter on May 3, 2024

Shipping group Maersk raised its full-year earnings guidance after reporting first-quarter incomes on Thursday, citing strong demand and higher freight rates as ships cruise for longer to avoid dispute in the Red Sea.The business, viewed as a barometer of world trade…

5 groups receive Norway offshore wind tender

Posted to Maritime Reporter on April 28, 2024

Friday. Parkwind and Ingka, and Energie Baden-Wurttemberg. for the rights to build the wind farm. stated in a declaration. these companies. certify, as did the business Hydroelectric Corporation. ministry did not say why the 2 were neglected.

UK government expects bidders to go back to offshore wind auction

Posted to Maritime Reporter on April 25, 2024

will make a comeback in the new round to happen in March, a. senior federal government official said on Thursday. A broader renewable resource auction, called AR5, kept in. September stopped working to attract any quotes from overseas wind.

Prysmian re-jigs Latam management, eyes overseas wind farm demand in Brazil

Posted to Maritime Reporter on April 25, 2024

the business informed Reuters. CEO for Latin America previously this year. operations for the region. Brazil, which count on submarine cables to deliver energy. cable televisions will be all set, Boronat told Reuters. offshore wind farms. prepare its plants, according to Tonon.

Eversource Energy to sell stake in 2 overseas wind jobs for $1.1 bln

Posted to Maritime Reporter on April 25, 2024

said it will sell its stake in two energy jobs in a $1.1. billion offer that assists the New Englandbased power business exit. the distressed overseas wind company. Eversource stated it would offer its 50 percent share in the. 132-megawatt South Fork and the 704-megawatt Transformation offshore.

Siemens Energy to invest $150 million in United States transformer factory

Posted to Maritime Reporter on April 24, 2024

Wednesday it will invest $150 million in a brand-new U.S. transformer factory. local jobs. Power transformers are key to decarbonising the U.S. by 50-52% from 2005 levels by 2030. In November, U.S. tasks that are crucial to the energy transition. see the long-lasting capacity to increase our U.S.

United States completes 2 offshore wind energy areas in Oregon

Posted to Maritime Reporter on April 21, 2024

30 gigawatts of overseas wind power along U.S. years to fight environment change. supply chain, stated the firm, which belongs to the U.S. Department of the Interior. Maine and the U.S. Central Atlantic coast. Progress to develop the U.S. increased project expenses. stated they expanded their U.S.

New Jersey energies board approves 2024 power auction results

Posted to Maritime Reporter on April 21, 2024

The New Jersey Board of Public

Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East

Posted to Maritime Reporter on March 5, 2024

War tensions in both Ukraine and the Middle East have had an increasingly disruptive effect on the global shipping market. As the ongoing conflicts in these regions continue, the impact has had a butterfly effect on maritime trade, shipping routes…

Navigating Green Waters: Alternative Fuels in the Maritime Industry

Posted to Maritime Reporter on January 18, 2024

The maritime transportation sector plays the most important role in global trade and transports. There is no earthly way to avoid this type of shipping as the entire world’s economic activities are dependent on it. However, this industry has…

The Necessity for Alternative Fuels in Maritime Transport

Posted to Maritime Reporter on January 18, 2024

As the backbone of global trade, the maritime industry faces an unprecedented challenge – a pressing need to pivot away from its traditional reliance on fossil fuels. The urgency of this transition is fueled by a stark reality: the significant environmental impact of shipping practices…

Navigating the Future: Emerging Trends in Naval Operations

Posted to Maritime Reporter on January 17, 2024

The global naval landscape is undergoing significant transformations driven by technological advancements, geopolitical shifts, and evolving security challenges. Naval forces worldwide are adapting to new trends that are reshaping the way they operate, ensuring readiness in an era of rapid change.

Maritime Reporter & Engineering News/DeepDraft/Globlal

Posted to Maritime Reporter ( by Greg Trauthwein ) on March 1, 2020

COVID-19 and all of the effects of this Black Swan event have, and will continue to have a profound impact on global commerce for much of 2020, with effects felt far beyond the confines of maritime.

U.S. Logistics Chain in Focus

Posted to Maritime Reporter ( by Eric Haun ) on March 1, 2020

The opening paragraph of the U.S. Coast Guard’s Marine Safety Information Bulletin neatly summarizes the importance of the U.S. Marine Transportation system:

FREE Trial Subscription to Maritime Reporter

Posted to Maritime Reporter ( by Maritime Reporter ) on February 6, 2020

Read by the most executives in the maritime industry- Maritime Reporter's monthly, in-depth features and editorial attract the attention of company leaders and managing professionals at the highest levels.

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Posted to Maritime Reporter ( by Marine News Magazine ) on January 29, 2020

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