Marine Insurance – Offshore Energy
- NY Governor Hochul to fight Secretary Burgum’s shut down of Empire Wind “every step of the way” April 23, 2025Secretary of the Interior Doug Burgum said on social media that he had ordered BOEM to halt all construction activities on the Empire Wind Project immediately, “until further review of ....
- Support vessel hits base of North Sea wind turbine April 23, 2025The Royal Dutch Sea Rescue Society (KNRM) evacuated two injured crewmen from an OSV, the 1990-built standby safety vessel Glomar Venture (IMO 8822648), after it had that hit the base of a ....
- Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW April 23, 2025Upstream energy clients were increasingly favouring automatic capacity over traditional follow-only markets, according to George Richardson from broker WTW ....
- Risk of collision with offshore installations from attendant vessels April 9, 2025Norway-based marine insurer and group club Gard has noted a recent increase in incidents involving attendant ships colliding with offshore oil & gas and renewable energy structures ....
- Sweden’s Vattenfall to go ahead with Germany’s largest offshore wind farm March 27, 2025Swedish offshore wind developer Vattenfall has taken a final decision to proceed with the construction of what at the moment would be Germany’s largest offshore wind farm project ...
- EPA in US withdraws permit from proposed New Jersey offshore wind farm March 19, 2025Unhappy times are continuing for the offshore wind sector in the US, with the Environmental Protection Agency (EPA) withdrawing an environmental permit granted by the Biden administration for .....
- Trump’s offshore wind review to consider status of projects March 14, 2025The US administration’s ongoing review of offshore wind projects will feature different treatment for projects actively under development, when compared to those that have only been proposed...
- Australia grants two more feasibility licences for offshore wind March 7, 2025Although the US is, at least for the next four years, pivoting from offshore renewables to inshore fossil fuels, the news is not all bad for offshore wind. Australia has continued its effort to .....
- Gard completes purchase of Codan Marine & Energy portfolio March 4, 2025Norway-based marine insurer and Group Club Gard has completed its acquisition of Codan’s global Marine and Energy (M&E) portfolio. As part of the transaction, Gard has established a dedicated .....
- Massachusetts offshore wind farm postponed for four years March 4, 2025Another major US offshore wind farm, this one off the coast of Massachusetts, is to be paused. Executives at the management of the operation said that the pause was because of uncertainties ....