Growth potential for offshore wind is enormous, both in near and long term, however, wind turbine installation vessels (WTIVs) constitute a bottleneck for the industry.
So says offshore operator Eneti, formerly Scorpio Bulkers, about what it calls one of the sector’s main challenges as policymakers the world over set increasingly ambitious targets for expanding offshore wind.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.