Europes ESVAGT and South Koreas KMC Line have formed KESTO, a joint venture to support the countrys offshore wind expansion, targeting 18.3 GW by 2030 with specialized maritime services. The partnership combines European expertise with local market insight to meet growing demand for wind farm construction and maintenance.
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The U.S. drone industry is stalling due to regulatory paralysis, with outdated rules stifling innovation while other countries surge ahead. Lisa Ellman of the Commercial Drone Alliance warns that without urgent action, the U.S. risks losing market share, security, and technological dominance.
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A 3,500-tonne offshore substation has begun its journey to the Hollandse Kust West Beta wind farm, marking a key step in the Netherlands’ plan to deliver clean energy by 2025. The massive structure will channel power from the 700 MW wind farm to Dutch households as part of the country’s push for 21 GW of offshore wind capacity by 2030.
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Europes aging offshore wind farms are nearing the end of their lifespans, sparking debate over whether full removal or partial decommissioning is more sustainable. Experts question current regulations, citing environmental, economic, and legal uncertainties as the first turbines approach retirement.
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The dry bulk shipping industry faces a recycling paradox as aging ships remain in operation despite plunging freight rates, creating excess capacity and delaying fleet modernization. With 6% of active dry bulk ships over 25 years old, the industry struggles to balance weak earnings with tightening carbon regulations.
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