Two years of pandemic-related oil and gas project delays and cutbacks in global supply due to the Russia-Ukraine war are driving demand for project logistics services in the short and long term.
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.
News & Analysis
11 Nov 2022
Bottlenecks and a lack of needed infrastructure may put the “aspirational” global offshore wind installation schedule out of reach, an analyst says.
24 Aug 2022
Developers have installed a total of 139 gigawatts of onshore wind energy production across the US, with another 23 GW under construction or in advanced development as of the second quarter of 2022.
27 Jul 2022
The transport of crucial project cargo bound for power generation facilities and renewable energy projects in the US could be stymied by a possible rail strike.
25 Jul 2022
Legislation now under consideration by a Senate committee could put the kibosh on the Biden administration’s ambitious plans to install 30 gigawatts of offshore wind energy by 2030.
01 Apr 2022
Maersk Supply Service has ordered a new wind turbine installation vessel to build offshore wind projects on the US Atlantic seaboard.
24 Jan 2022
As the offshore wind buildout gains momentum, logistics providers are adapting European models to meet the specific needs and constraints of the US market.
09 Aug 2021
Eneti, formerly known as Scorpio Bulkers, is accelerating its transition from bulk carrier to offshore wind specialist with the acquisition of Seajacks International and its fleet of five wind turbine installation vessels (WTIVs).
04 Aug 2021
A Maryland developer has committed to building a 1.2 GW offshore wind project and a multi-million-dollar monopile manufacturing facility.
13 Jul 2021
The Port of Salem, New Jersey, has been awarded a $9 million federal infrastructure grant to help meet offshore wind logistics and manufacturing requirements.
01 Jul 2021
Oslo-based offshore wind specialist Cadeler is investing $651 million in new turbine installation vessels as the global offshore wind industry gains traction.
27 May 2021
Demand for commodities that feed the green energy transition is expected to spike this decade, and that will have an impact on project logistics associated with mining and transporting those materials.
17 May 2021
The former bulk carrier Eneti has contracted with a Korean ship builder for up to two wind turbine installation vessels and is in talks with US builders about a Jones Act-compliant WTIV to serve a budding US market.
13 May 2021
The ripple effects of COVID-19 and plant-closing costs trigger a quarterly loss for wind turbine manufacturer Siemens Gamesa, but its work backlog provides a bright spot.
11 May 2021
Though posting first-quarter losses, there's no sign of demand relaxing as wind turbine orders expand backlogs for Vestas and GE Renewables.
03 May 2021
Despite lower total revenues, KBR's green-focused energy strategy boosted earnings per share in the first quarter of 2021.
23 Apr 2021
Energy cargo is recovering a year after the pandemic-fueled crash in oil prices, just as the breakbulk carrier market heats up.
01 Apr 2021
The Biden administration's push for offshore wind will jumpstart the industry, but may stymie breakbulk wind imports.
19 Mar 2021
The breakbulk sector is likely heading into a new economic supercycle focused on renewables and metals instead of oil and created by a policy-driven energy transition, rather than by demand-driven commodities growth.
04 Mar 2021
A new super-heavy-lift joint venture, if approved, will benefit from an offshore wind market poised to expand through 2050.
09 Feb 2021
MPV/HL carriers and breakbulk ports benefited last year from record US wind cargoes as expiring tax credits, improved technology, and increasing demand accelerated development
03 Feb 2021
Toepfer Transport's MPV/HL rate forecast climbs to $7,146 as optimism grows in the breakbulk market amid a new US presidential administration seen as favorable to renewables.
21 Jan 2021
In a further sign of a tumultuous market, UHL's newest "Eco-Lifter" will deliver containers to Europe on its maiden voyage.
20 Jan 2021
A state-wide commitment to renewables is behind a massive increase in project cargo tonnage at the Northern California port of Stockton.
14 Jan 2021
With the addition of dedicated installation capacity, SAL will target European offshore development, maintenance, and decommissioning.
23 Nov 2020
The European Commission's Green Deal will add 288 gigawatts (GW) of offshore wind capacity to Europe's grid by 2050, along with 40 GW in tidal and floating solar energy generation.
13 Oct 2020
China Navigation Company creates Swire Projects to take advantage of an improving outlook for the project market and brings aboard three ex-Zeamarine executives.
13 Oct 2020
The former head of SAL Heavy Lift’s marine projects will lead the chartering team at global forwarder DSV, which is handling global logistics for wind turbine manufacturer Vestas.
02 Oct 2020
As East Coast states commit to generating 29,000 MW of offshore electricity by 2035, ports and terminals scramble to position themselves for the coming project cargo boom.
24 Sep 2020
Although the specific port rotation of the semi-liner service will depend on the cargo mix, Japan will now be a regular call for MPV/HL carrier Chipolbrok thanks to a new business relationship with third-party logistics provider and agent Crane Worldwide.
14 Sep 2020
In a three-tiered market, F-types hold their own, high-end MPV/HL ships reap the rewards of DP systems and super-heavy cranes, while lower-geared, less specialized ships suffer.
11 Sep 2020
Hit hard by the COVID-19 pandemic and the volatile price of oil, project owners have cut their capex spending plans by $154 billion, according to research firm Independent Project Analysis.
19 Aug 2020
Half of the 18,310 MW of wind projects in advanced development in the US will be built in federal waters off the East Coast, according to the American Wind Energy Association.
13 Aug 2020
Billions of dollars in order and service backlogs and an unfolding global energy transition toward renewables could mean blue skies ahead for wind energy, despite the painful fallout from COVID-19.
07 Aug 2020
KBR writes down $1.2 billion of energy project backlog and will focus on government and technology services.
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