Offshore
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Latest From Offshore
52 Emanuele Lauro/Robert Bugbee, Scorpio Group
Scorpio sold the last of its bulker fleet and exited the sector to focus on renewables with Eneti, which made strides in offshore wind by buying Seajacks
82 Carol Howle, BP
Trading profits are expected to rise this year as energy prices promote arbitrages
99 Tom Crowley, Crowley Maritime
Tom Crowley has focused on developing the group's established maritime operations
Höegh LNG has 100% contract coverage amid refinancings
While the liquefied natural gas market continues to perform well, earnings before interest, tax, depreciation and amortisation in the fourth quarter will be negatively affected by off-hire time for one of its vessels ahead of a long-term charter commitment
The week in charts: Bulker FFA trading through the roof | Global box volumes drop | Investors eye burgeoning offshore wind sector
Forward freight agreements set to eclipse equivalent of 6.5bn tonnes this year after physical market rates hit 13-year high, while two big shipping names join the offshore wind fraternity as the sector continues to gain increasing popularity in account of huge growth potential
Growth potential in offshore wind spurs investor interest
Edda Wind, which has just got backing from shipping tycoons John Fredriksen and Idan Ofer, is expecting the first of its six newbuildings to be delivered in the second quarter of 2022. The company, which is about to list publicly in Oslo, sees huge market potential ahead
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