The Baltyk II and Baltyk III offshore wind farms are large-scale renewable energy projects located within the Polish Exclusive Economic Zone in the southwestern Baltic Sea
A new propulsion concept allows workboats and tugboats to benefit from flexible hybrid propulsion without installing a gearbox or additional electrical components.
Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start to return.