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Eneti will draw on US institutional capital to become a major player in offshore wind

The former Scorpio Bulkers is betting on US investors to raise capital for the rapidly growing wind market. Decade-long experience in raising capital and contracting newbuilds could make the company a major player, states Managing Director David Morant.

On of the so-called Offshore Wind Turbine Installation vessels from Danish Cadeler who is banking on the growing market as well. | Photo: Cadeler A/S

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World bank calls LNG a dead end as fuel for shipping

LNG is a risk-fraught waste of time as a fuel for shipping, and it will only delay the transition to sustainable fuels, warned the the UK's High-Level Climate Action Champion at the presentation of an LNG report from the World Bank.

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