impairment
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Marine World
Equinor Reports $763 Million Impairment on Empire Wind Amid Regulatory Setbacks
Equinor has reported a significant impairment of $763 million related to its Empire Wind 1 offshore wind project and South…
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Maritime News
Western Sanctions Take Big Bite Out of Sovcomflot’s Results
Russia’s tanker operator PAO Sovcomflot is citing the impact of the Western sanctions on the company’s results. It reported…
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Maritime News
Massachusetts Offshore Wind Farm Postponed Four Years Due to Uncertainties
Yet another major U.S. offshore wind farm is being delayed with the executives citing the uncertainties created in the market…
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Maritime News
Mitsubishi Takes $340M Impairment on its Offshore Wind Portfolio
In its latest quarterly report, Japanese industrial conglomerate Mitsubishi revealed that it is taking a $340 million hit in connection…
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Maritime News
Ørsted Pulls Plug on Shipping E-Methanol Fuel Project Citing Slower Demand
Renewable energy giant Ørsted further highlighted the problems in the nascent sustainable fuel market for the shipping industry highlighting…
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Maritime News
Carnival to take up to $650 million impairment hit from new ship sales
Carnival Corporation & plc, the world’s largest cruise company, revealed that it was taking an estimated impairment charge of between…
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