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Tuesday, March 19, 2024
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Portugal News

17 Mar 2024

Esgian Week 11 Report: New Discoveries in UK and Namibia

Source: COSL

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling has emerged as the winner for Petrobras' moored semisubmersible tender with the 4,600-ft Nanhai 8 (also known as Nan Hai Ba Hao).Noble has secured a high-dayrate drillship contract with Prime Energy in the Philippines.Drilling Activity and…

05 Mar 2024

Fire Breaks Out On Containership Off Canada

(Photo: Canadian Coast Guard)

A fire has broken out on board a Liberian-registered containership off Canada's East Coast, the Canadian Coast Guard said.At around 11 p.m. on Sunday, the MSC Sao Paulo V issued a call for help after a blaze erupted in the engine room of the 294-meter-long vessel. The ship had left Montréal in the morning and was approaching the Les Escoumins pilot station while en route to Portugal when the incident occurred.By Monday afternoon, the containership crew had informed the Coast Guard that the fire was under control…

12 Feb 2024

Spanish Police Seize Eight Tonnes of Cocaine

© Jezper / Adobe Stock

Spanish police seized eight tonnes of cocaine from Suriname hidden in a container disguised as a power generator in the southern port of Algeciras, tax authorities said on Monday.The haul of cocaine, one of the largest ever intercepted in Spain, was inside a metal structure designed to escape detection from scanners.But customs agents detected a large quantity of stacked goods that practically filled the container, so they forced it open.The drug smugglers had planned a route designed to make the discovery of the cargo's true contents as difficult as possible.

02 Feb 2024

ICS Publishes Flag State Performance Table

© Paulrommer / Adobe Stock

A new table published by the International Chamber of Shipping (ICS) indicates continuing positive performance by the vast majority of the maritime industry's flag states.Merchant ships are required to register under a flag state, which determines the vessel's nationality and gives jurisdiction under which to operate. Flag states have the authority and responsibility to enforce regulations over vessels registered under their flag, including those relating to inspection, certification…

26 Jan 2024

New York Offshore Wind Power Auction Set for Big Turnout

© Photocreo Bednarek / Adobe Stock

Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP.The development of the U.S. offshore wind industry took a major blow last year when companies working in several states said they could no longer complete projects profitably because of rocketing construction costs, higher interest rates and supply chain snags. The problems also hit the wind industry in other countries.The development of the industry is key to meeting both U.S. President Joe Biden and U.S.

18 Jan 2024

Three New England States Extend Offshore Wind Solicitation Due Date

© Fokke Baarssen / Adobe Stock

Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states' next offshore wind solicitations from Jan. 31 to March 27.Offshore wind is expected to play a critical role in U.S. President Joe Biden's and several states' plans to decarbonize the power grid and combat climate change.But offshore wind industry had a tough time in 2023 with some developers cancelling contracts to sell power in several states because their proposed projects were no longer economic due to soaring inflation…

07 Dec 2023

ABB Supplies Charging System for Auckland’s New Electric Ferries

(Image: EV Maritime Auckland Transport)

ABB has secured a contract with Auckland Transport (AT) to deliver the maritime world’s first megawatt charging system (MCS) to recharge electric ferries using the same interface as trucks and airplanes. Lowering the barrier to entry, the standardized and highly adaptable system is expected to improve electric vessel competitiveness against fossil-fueled counterparts.As part of its Mission Electric initiative, AT has ordered two 200-seat all-electric ferries and two 300-passenger…

04 Dec 2023

Pakistan Becomes Party to Hong Kong Convention

Source: IMO

Pakistan has become a Party to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (Hong Kong Convention).Vice Admiral (Retd.) Iftikhar Ahmad Rao, Maritime Minister and Special Assistant to the Prime Minister (SAPM) on Maritime Affairs, Pakistan, deposited the instrument of accession with IMO Secretary-General Kitack Lim at IMO Headquarters in London on November 30.The deposit follows an IMO-run national seminar in Karachi to…

29 Nov 2023

Gazelle Wind Power Appoints U.S. Wind Finance Pioneer as CFO

Source: Gazelle Wind Power

Floating platform developer Gazelle Wind Power has appointed clean energy finance industry expert Álvaro Ortega as Chief Financial Officer (CFO).Ortega is the former Vice President of Finance at Avangrid Inc., a publicly traded company on the NY Stock Exchange and the U.S. subsidiary of global energy leader Iberdrola.“Finding someone with a track record like Álvaro’s is rare. Due to his financial expertise and passion for renewable energy, his joining the team is a home run for Gazelle as we enter an exciting phase in our company’s development,” said Gazelle CEO and Founder Jon Salazar.

31 Oct 2023

US Offshore Wind Writedowns Seen Soaring with Orsted Earnings

© Cavan / Adobe Stock

European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 million in impairments in recent days.Orsted, the world's largest offshore wind developer, said in August it may see impairments of 16 billion Danish crowns ($2.3 billion) on its U.S. offshore developments due to supply chain problems, soaring interest rates and a lack of new tax credits.Orsted, which was not immediately available for comment…

10 Oct 2023

Near Collision, Tense Encounter as Beijing Flexes Muscles in South China Sea

© luzitanija / Adobe Stock

The crew of the Philippine coastguard boat watch anxiously as an imposing Chinese vessel draws near and cuts off its path, coming within a metre of collision in a vast stretch of open water in the South China Sea.The captain of the BRP Sindangan shuts off the engine and activates the reverse throttle. China's coastguard issues a warning via megaphone to leave as the Filipino crew watch closely on a radar that shows two vessels side by side."In accordance with international and Philippine national laws we are proceeding…

04 Oct 2023

New England States Buy Offshore Wind Power as US Industry Struggles

© Cavan / Adobe Stock

Three U.S. states in New England - Massachusetts, Rhode Island and Connecticut - on Wednesday agreed to jointly procure offshore wind power as soaring interest rates and rising equipment and labor costs have made some projects uneconomic.By joining forces, the states hope to counter the pain rippling across the nascent U.S. offshore wind industry, which is expected to play a key part in decarbonizing the power sector and revitalizing domestic manufacturing.Earlier this week, another…

20 Sep 2023

Portugal and Norway Team Up on Floating Offshore Wind

Source: Norwegian Offshore Wind

The Portuguese cluster Forum Oceano and Norwegian Offshore Wind have signed a Memorandum of Understanding (MoU) to strengthen collaboration between the supply chains in the two countries.The MoU aims to lay the ground work for new contracts between companies from the two countries.The agreement was signed at a reception this week, during a visit to Portugal organized by Norwegian Offshore Wind and The Norwegian Embassy in Portugal.Forum Oceano and Norwegian Offshore Wind both focus on developing a strong supply chain in floating offshore wind.

15 Sep 2023

Biden’s Offshore Wind Target Slipping Out of Reach as Projects Struggle

Credit:Cavan/AdobeStock

President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to soaring costs and supply chain delays, according to forecasters and industry insiders.The 2030 target, unveiled shortly after Biden took office, is central to Biden's broader plan to decarbonize the U.S. economy by 2050. It is also crucial to targets of Northeast states hoping wind will help them move away from fossil fuel…

06 Sep 2023

US Offshore Wind Projects Seek Looser Subsidy Rules in Fight for Survival

©Cavan/AdobeStock

A fleet of U.S. offshore wind projects central to President Joe Biden's climate change agenda may not move forward unless his administration eases requirements for subsidies in the year-old Inflation Reduction Act, according to project developers.Norway's Equinor, France's Engie, Portugal's EDP Renewables, and trade groups representing other developers pursuing U.S. offshore wind projects told Reuters they are pressing officials to rewrite the requirements, and warning of lost jobs and investments otherwise."The components needed for our projects to progress simply do not exist in the U.S.

27 Jul 2023

Ship Carrying 3,000 Cars Burns off Dutch Coast, One Dead

Credit: Dutch Coast Guard

A fire blazed on a cargo ship off the Dutch coast with nearly 3,000 vehicles on board on Wednesday, killing one member of the crew and injuring several others, the coastguard said.Several crew members were forced to jump overboard after the fire began on Tuesday night on the 199-metre (655-foot) Panama-registered Fremantle Highway as it was en route from Germany to Egypt.The Indian Embassy in the Netherlands said in a social media post the fire had "resulted in the death of an Indian seafarer and injuries to the crew", and that it was in touch with family of the deceased.

17 Jul 2023

Killer Whales Biting Boats? Close Encounters of the Curious Kind

© Anton / Adobe Stock

Off the coast of Spain and Portugal, killer whales have been biting boats. And the famous beluga whale nicknamed “Hvaldimir” has popped up again – this time in Sweden. When first spotted in Norway in 2019, wearing a suspicious harness, some suggested he could be a Russian spy.These unusual human-wildlife interactions raise questions about managing risk. Both situations present a maritime safety concern. And the whales are at risk of being injured or killed by the boat.What’s more…

02 Jun 2023

Tower Sections for Vineyard Wind I Offshore Wind Project Arrive in U.S.

Credit: Iberdrola

Spanish renewable energy company Iberdrola said this week it was making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States, with the receipt of the first shipment of components for the 62 wind turbines that will make up the farm at the port of New Bedford. Specifically, the shipment consisted of the tower sections, manufactured in Portugal. The components arrived in the U.S. aboard the heavy load carrier UHL Felicity.The…

02 May 2023

Floating Offshore Wind and the Need for High-end AHTS

© Arild / Adobe Stock

As the world continues to scramble for renewable energy, floating offshore wind has emerged as a key capacity enabler in the coming decades. With no major commercial scale projects currently in operations, the segment is largely based on governments and developers ambitious project plans for the future. Nonetheless, this market segment can offer vast opportunities to the world of offshore support vessels in both near- and long-term prospects.In this piece, we will discuss the key opportunities and challenges related to offshore floating wind…

25 Apr 2023

US Coast Guard: Latvia Records Highest Detention Ratio in 2022

© Alexander / Adobe Stock

The US Coast Guard’s Office of Commercial Vessel Compliance has released its U.S. Port State Control Annual Report for 2022, with Latvia noted as having the highest detention ratio, ahead of Bolivia.The report lists highest risk flag administrations based on their 2020-2022 detention ratio as: Latvia (57.14%), Bolivia (31.25%), Togo (7.69%), Curacao (4.88%), Italy (3.39%), Turkey (2.90%) and Saint Vincent and the Grenadines (2.30%).Medium risk flag administrations were Cyprus…

13 Apr 2023

Markets: The Challenges of Developing Floating Wind at Scale

Hywind Scotland, the world.s first floating wind farm, operated by Equinor. (Credit: Signal Film / ©Equinor)

Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale floating wind developments through the Scotwind and INTOG awards of at least 24 gigawatts (GW) of floating wind capacity representing close to 1,500 floating turbines that will come on stream through 2030. And this will be soon followed by the award of at least 4 GW of capacity through the Celtic Sea floating wind auctions. The U.S.

04 Apr 2023

Venezuela's March Oil Exports Rise on More Supertankers, Chevron Cargoes

©Carabay/AdobeStock

Venezuela's oil exports rose in March to the highest monthly average since August, boosted by a resumption of loadings after an export freeze and by rising cargoes assigned to Chevron Corp, according to documents and shipping data.State oil company PDVSA has reinstated two export contracts after a January freeze by new boss Pedro Tellechea: a medium-term contract with Hangzhou Energy, and another with Portugal-based Adinius Sociedade de Servicios, the documents showed. Those two customers accounted for a large portion of exports…

30 Mar 2023

First of 10 New Electric Ferries Delivered in Portugal

(Photo: ABB)

The first of 10 new, all-electric ferries has been delivered for emission-free commuter services along Lisbon’s Tagus River.Built by the Astilleros Gondán shipyard for operator Transtejo, the vessel features an integrated power, automation, energy storage and propulsion solution from ABB.Replacing a fleet of older, fossil fuel-burning ferries, the 40-meter, 540-passenger vessels will also improve passenger comfort and reduce operational and maintenance costs.With power distribution managed by ABB Onboard DC Grid ensuring that output of each ship’s 1…

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