COVID-19 and sliding oil prices add up to a "double whammy" for forwarders specializing in project cargo, as transport capacity shrinks near-term and planned energy projects are undermined.
Saturday April 4, 2020
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Energy and Renewables Project Logistics
Energy and Renewables Project Logistics
The latest news on project cargo logistics associated with power generation, wind energy, upstream projects like oil and gas exploration and LNG, and downstream projects associated with refining and petrochemicals.
Webcasts
Mar 26, 2020 1:00PM EDT
Apr 2, 2020 1:00PM EDT
Apr 28, 2020 1:00PM EDT
News & Analysis
06 Mar 2020
Dutch heavy transport carrier Roll Group is looking to take advantage of the growing Asian offshore decommissioning and fabrication markets with a new facility at Bintan Island.
28 Feb 2020
Multipurpose carrier G2 Ocean is expanding in Africa and Asia to support the joint venture company’s quest to double project cargo’s contribution to annual revenues.
29 Jan 2020
Officials say the funding will help complete the Oregon river port’s partially finished breakbulk terminal and expedite project cargoes for two ambitious wind energy projects in the state.
28 Jan 2020
Wind developer Ørsted and the Virginia Port Authority will develop an offshore wind terminal at Portsmouth, enabling Ørsted to service planned projects throughout the Northeast.
10 Jan 2020
With its acquisition of ALE complete, Mammoet will own the world's largest fleet of heavy lifting and transport equipment, outstripping global competitors Sarens and Fagioli.
07 Jan 2020
The Port of Duluth-Superior sees growth opportunities in wind, breakbulk, and project cargo, and is investing heavily in Clure Terminal.
06 Jan 2020
New spending bill extends the production tax credit for wind energy projects to 2024 but adds quirks to the credit’s timing; increased investment levels are expected.
21 Nov 2019
The ports of Brownsville and Corpus Christi, Texas, and Vancouver, Washington, are among those expecting continued growth in windmill component cargoes in 2020.
18 Nov 2019
US wind energy capacity reached 100 GW in the third quarter of 2019, and with another 45.6 GW in the development pipeline, heavy-haul trucking carriers may struggle to keep pace with demand.
12 Nov 2019
Two German companies join forces to work in Japan’s developing wind energy sector as the country scales back its dependence on coal and nuclear power in the wake of the 2011 tsunami and Fukushima nuclear power plant disaster.