Danish offshore wind support specialist Esvagt, which is partnered with Crowley in the Crest Wind JV for the U.S. market, is planning to enter the Korean offshore wind market. It is entering a strategic partnership with Korean coastal shipping specialist KMC Line.
The two companies this week signed a Memorandum of Understanding (MOU) in Copenhagen, in the presence of the Korean ambassador in Denmark, Hyong Gil Kim; the Danish ambassador in Korea, Svend Olling, and Anne H. Steffensen, CEO of...
Russia’s invasion of Ukraine continues to have repercussions in the Baltic. Already, Finland and Sweden have sought to join NATO. Now, long-time NATO member Denmark is planning to invest up to DKK 40 billion (about $5.4 billion) in naval shipbuilding and new warships.
“With Russia’s attack on Ukraine and the new European security situation, it is more important than ever that Denmark is able to defend itself. Here, security of supply plays a decisive role. It is crucial that the armed forces can...
https://www.marinelog.com/shipbuilding/denmark-eyes-5-4-billion-return-to-naval-shipbuilding/
In a fact sheet released following last week’s Leaders’ Summit on Climate, the White House reaffirmed that “in support of global efforts to achieve net-zero GHG emissions no later than 2050, the United States is committing to work with countries in the International Maritime Organization (IMO) to adopt a goal of achieving zero emissions from international shipping by 2050 and to adopt ambitious measures that will place the sector on a pathway to achieve this goal.”