Energy projects

News and analysis of energy projects moved via maritime breakbulk, project cargo, and heavy-lift transport

The latest Energy projects News & Analysis

MPV indices from Toepfer, Drewry continue down different paths

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
While long-term optimism supports the MPV market, industry analysts see short-term divergence in time charter rate averages.
Breakbulk NewsBreakbulk carriersEnergy projects

Offshore services companies expect boost from increased energy spending

Autumn Cafiero Giusti, Special Correspondent |
Fresh investments among oilfield services giants should bolster the offshore services market, with supply chain spending expected to grow 16% in 2023 and 2024.
Energy projectsProject cargoHeavy-haul transport

Lack of investment constraining US breakbulk port capacity

Keith Wallis, Special Correspondent |
The funding shortage for breakbulk port facilities will create severe constraints on both cargo owners and vessel operators as offshore wind construction accelerates and new types of energy projects are developed.
Breakbulk NewsBreakbulk carriersProject cargoRo/ro cargoEnergy projectsHeavy-haul transportPort News

Aging roads, drivers weigh on US heavy-haul trucking amid booming demand

Autumn Cafiero Giusti, Special Correspondent |
As US project cargo demand — and cargoes themselves — grow, heavy-haul trucking carriers are struggling with permitting delays, infrastructure complications and a rapidly aging workforce.
Project cargoEnergy projectsBreakbulk ports

Key multipurpose index softens as summer slide continues into fall

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Multipurpose owners and operators are growing increasingly wary of the breakbulk market’s downward trend as cargoes remain hard to find and the wind energy market falters.
Breakbulk NewsBreakbulk carriersEnergy projects

US wind industry navigates deep waters to meet ambitious offshore target

Autumn Cafiero Giusti, Special Correspondent |
Meeting the Biden administration’s target of 30 gigawatts of offshore wind energy installed by 2030 will require floating offshore wind, which means building new, specialized port facilities to facilitate development in much deeper waters.
Breakbulk NewsEnergy projectsMarine terminals

Global MPV indexes diverge amid strength in European short-sea trade

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Toepfer’s multipurpose index has maintained its downward momentum due partly to a delay in the emergence of wind cargoes, while Drewry’s index showed some signs of life following a summer dip.
Breakbulk NewsBreakbulk carriersProject cargoEnergy projects

Global MPV/HL fleet is “between technologies”: carriers

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
MPV newbuildings are being designed for higher cargo intake and improved efficiency, but any consensus on green fuels and propulsion systems remains elusive.
Breakbulk NewsBreakbulk carriersProject cargoEnergy projects

Bidders hold back on first Gulf of Mexico wind lease auction  

Autumn Cafiero Giusti, Special Correspondent |
Beyond the supply chain snarls, permitting bottlenecks and high costs that are hampering offshore wind development generally, the Gulf is a less-than-ideal location for offshore wind compared with other parts of the US.
Breakbulk NewsEnergy projectsMarine terminals

Turbulence hampers US wind energy even as development picks up speed

Autumn Cafiero Giusti, Special Correspondent |
The wind energy industry must resolve a number of supply chain issues or it has little chance of reaching the US’ 2030 goal for energy generation from onshore and offshore wind.
Breakbulk NewsProject cargoEnergy projects

Cosco to control largest semi-submersible fleet after deal with Guangzhou Salvage

Keith Wallis, Special Correspondent |
The joint venture will increase Cosco’s fleet to 18 heavy-lift semi-submersible vessels by the end of 2023.
Project cargoEnergy projects

Softening summer market weighs on Toepfer multipurpose vessel index

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Expected demand for wind cargo, among other factors, is still driving underlying optimism in the MPV sector, but a wind turbine tech “arms race” could cast a long shadow.
Breakbulk NewsBreakbulk carriersEnergy projects

Cadeler, Eneti combine to create $1.3 billion wind installation vessel operator

Keith Wallis, Special Correspondent |
The merger of wind installation vessel operators Cadeler and Eneti, which already have a combined project backlog worth $1.75 billion, was driven by an expected surge in offshore wind farm projects through 2030, Cadeler CEO Mikkel Gleerup told a webinar Friday.
Breakbulk carriersEnergy projects

Maersk makes ‘gap filler’ move to secure green methanol for new vessel

Greg Knowler, Senior Editor Europe |
The deal made by the carrier highlights the challenges of securing the supply of green methanol from a global market that is in its infancy.
MaritimeContainer Shipping NewsContainer linesEnergy projects

Diverse players eyeing project forwarding space

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Changes at Maersk and Combi-Lift reveal interest in capturing a larger share of the project forwarding market.
Breakbulk NewsProject cargoEnergy projects

First massive offshore wind tower sections delivered to Massachusetts port

Janet Nodar, Senior Editor |
Vineyard Wind is one of the first commercial-scale offshore wind projects under construction in the US and at completion will generate some 800 megawatts of power.
Breakbulk NewsEnergy projectsPort News

Hydrogen-driven barge debuts on Europe’s inland network

Greg Knowler, Senior Editor Europe |
The drive to decarbonize European inland transport by switching freight from the road to greener alternatives took a step forward this week.
MaritimeContainer Shipping NewsEnergy projects

Hopeful wind OEMs look for rebound after emerging from pandemic

Autumn Cafiero Giusti, Special Correspondent |
Quarterly earnings reports reveal that wind turbine manufacturers are slowly recovering from a pandemic market battering as orders and revenues ramp up.
Breakbulk NewsProject cargoEnergy projects

Breakbulk23: Disruptive ‘trilemma’ shaping global energy investment

Autumn Cafiero Giusti, Special Correspondent |
As funding opportunities expand, energy security concerns force investors to reevaluate their priorities, attendees at the Journal of Commerce’s Breakbulk and Project Cargo Conference were told.
Breakbulk NewsProject cargoEnergy projects

Heavy-deck demand faltering, but long-term outlook remains strong

Keith Wallis, Special Correspondent |
Despite a temporary lull, heavy-deck carriers and industry analysts see a “mind-boggling” outlook for global offshore wind demand.
Breakbulk NewsBreakbulk carriersProject cargoEnergy projects

EPCs look beyond traditional oil and gas for growth opportunities

Autumn Cafiero Giusti, Special Correspondent  |
EPC projects drive much of the global demand for project and breakbulk logistics services from carriers, forwarders, and other suppliers.
Breakbulk NewsProject cargoEnergy projectsHeavy-haul transport

Project cargo outlook brightening for Port of New Orleans

Autumn Cafiero Giusti, Special Correspondent |
Even as breakbulk volumes ebb from their pandemic highs, several mega-projects planned for South Louisiana are expected to keep project cargo moving at the Port of New Orleans.
North American portsBreakbulk NewsProject cargoEnergy projects

Port of South Louisiana buys Avondale terminal as wind cargo boost looms

Autumn Cafiero Giusti, Special Correspondent |
The acquisition of Avondale by the port comes just as the state of Louisiana readies to auction its first round of offshore wind leases.
Breakbulk NewsProject cargoEnergy projectsNorth American portsBreakbulk ports

Plenty of work in the pipeline for breakbulk carriers, but rates uncertain

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Project and breakbulk carriers and logistics service providers have a healthy to-do list of energy-related cargo projects ahead of them; now the question is whether rates and availability will return to pre-pandemic levels.
Breakbulk NewsBreakbulk carriersProject cargoEnergy projects

Regulatory support missing in drive to scale up green fuel: Ørsted

Greg Knowler, Senior Editor Europe |
Danish power company Ørsted says policymakers must provide a regulatory environment that allows companies to commit to the huge investment required in developing shipping’s fuel of the future.
Container Shipping NewsContainer linesTrans-PacificAsia-EuropeEnergy projects

US offshore wind push runs into bureaucracy, investment headwinds

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Ambitious plans to build offshore wind off the coast of the United States has run up against permitting bottlenecks and a lack of investment.
Breakbulk NewsEnergy projects

Pent-up demand to fuel project logistics volumes into 2024

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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.
Breakbulk NewsProject cargoEnergy projects

Lack of infrastructure could stymie global, US wind energy targets

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Bottlenecks and a lack of needed infrastructure may put the “aspirational” global offshore wind installation schedule out of reach, an analyst says.
Breakbulk NewsEnergy projectsProject cargo

Policy, pandemic disruption slowing US wind energy development

Chris Barnett |
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.
Breakbulk NewsProject cargoEnergy projects

Uneasy labor talks put US rail transport of energy-related project cargo at risk

Marco Poisler, COO of global energy and capital projects at UTC Overseas; and Daniel Elliott, principal at GKG Law |
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.
Energy projects

Legislation threatens US offshore wind ambitions

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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.
Energy projects

Breakbulk demand heating up as spillover market plateaus

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Millions of tons of project cargo freight will be moving soon as energy projects, including Qatar’s massive LNG facility, gather steam, logistics executives say.
Project cargoEnergy projects

Maersk unit orders wind installation vessel for US projects

Keith Wallis, Special Correspondent |
Maersk Supply Service has ordered a new wind turbine installation vessel to build offshore wind projects on the US Atlantic seaboard.
Energy projects

US offshore wind buildout will require additional assets, labor

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
As the offshore wind buildout gains momentum, logistics providers are adapting European models to meet the specific needs and constraints of the US market.
Energy projects

Seajacks purchase gives Eneti world’s largest wind installation fleet

Keith Wallis, Special Correspondent |
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).
Energy projects

US Wind to build 1.2 GW off Maryland coast

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
A Maryland developer has committed to building a 1.2 GW offshore wind project and a multi-million-dollar monopile manufacturing facility.
Energy projects

DOT grant helps push South Jersey Port wind projects

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The Port of Salem, New Jersey, has been awarded a $9 million federal infrastructure grant to help meet offshore wind logistics and manufacturing requirements.
Energy projects

Cadeler orders two wind turbine installation vessels

Special Correspondent Keith Wallis |
Oslo-based offshore wind specialist Cadeler is investing $651 million in new turbine installation vessels as the global offshore wind industry gains traction.
Energy projects

Green energy boom to feed heightened logistics demand

Eric Johnson, Senior Technology Editor |
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.
Energy projectsProject cargo

Eneti  investing in wind turbine installation vessels  

Special Correspondent Keith Wallis |
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.
Energy projects