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Offshore

Oil climbs to highest level since August

News of an impending vaccine against Covid-19 and the start of President-elect Joe Biden's transition period Monday caused oil prices to rise to the highest level since August.

European Union unveils EUR 800 billion offshore wind plan

The EU Commission has presented its strategy for how offshore energy and especially wind can be boosted massively in the coming years, where the projects could be placed and how partnerships and financing can be realized. Find the complete strategy here.

DNB sees offshore moving in the wrong direction

Prospects in the offshore market have only grown bleaker during 2020, says one of the world's top lenders to the maritime market, DNB. Lack of investments in new oil fields has become a new factor, says the bank in an interview with ShippingWatch.

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