Manufacturing Supply Chain News

The drivers for global offshore wind growth look good for 2023. Global offshore wind is forecast to grow from over 60 GW at the end of 2022 to 240 GW by 2030 and over 410 GW by 2035. But the sunny outlook must be balanced with some building dark clouds. As we prepare for the new year, let us look at ten factors that will shape the offshore wind sector in 2023.1. Solid foundations: Optimism for the supply chain is founded on declared and inferred offshore wind deployment targets by a growing number of countries of over 400 GW, driven by energy transition and energy security policies.2.

Global container shipping rates are a widely used gauge of overall consumer sentiment, with high and rising costs indicating strong demand for goods, gadgets, and clothes, while falling rates attest to slowing or falling buyer interest.As the main conduit for global trade in finished and intermediate goods - including an overwhelming majority of the parts and machinery needed to produce other merchandise - the container shipping sector can also offer a glimpse into the state of…

A lack of Coast Guard icebreaking assets is hampering U.S.-flag shipping on the Great Lakes, according to industry coalition the Great Lakes Maritime Task Force.“The inefficiency introduced into the Great Lakes Navigation System by inadequate Coast Guard icebreaking resources impacts the carriers, their customers and the entire North American Manufacturing supply chain,” said Jim Weakley, President of Great Lakes Maritime Task Force, and the Lake Carriers’ Association. “The men and women of the U.S. Coast Guard do the best they can with the resources they are provided.

Parts fabricated by additive manufacturing (AM) – also known as 3D printing – and installed on an oil tanker for operational testing have been validated to be in good working condition, marking a significant step for the technology's implementation in the marine industry.The project involving ABS, ConocoPhillips Polar Tankers, Sembcorp Marine Ltd and 3D Metalforge started in February 2021 with the fabrication and lab-testing of functional additive manufactured parts, which were then installed on board the oil tanker Polar Endeavour.

U.S. Senator Charles Schumer on Monday joined Public Advocate Jumaane Williams, calling for a creation of a local offshore wind turbine assembly center at Sunset Park, Brooklyn, New York, and calling for the New York State Energy Research and Development Authority (NYSERDA) funding.According to a statement released by the Senator's office, the assembly site would position New York to play a significant role in the offshore wind supply chain, "which could create thousands of jobs…

Dutch offshore crane specialist Huisman will build the crane for the United States’ first Jones Act compliant offshore wind installation vessel.Huisman joins a consortium of a Dominion Energy-led offshore wind consortium aim of which is to build a Jones Act compliant vessel, "which is strategically important to the U.S. offshore wind market."The Jones Act is a federal law that regulates maritime commerce in the U.S. and requires goods shipped between U.S. ports to be transported on ships that are built, owned, and operated by U.S. citizens or permanent residents.Mark D.

As one of the most important megatrends this decade, digitalization is already moving beyond the concept of connectivity and data gathering towards a greater and more integrated future where the entire industry coexists as one digital ecosystem. As this vision becomes a reality, we will see a new era of partnerships, knowledge sharing, and AI-led practices. Disruptive technologies and ground-breaking projects have begun to transform the maritime landscape, and the opportunities that emerge from this transition will avail the innovators and organizations that are already embracing the digital frontier. “Digitization and cloud computing are enablers for an industry that needs to remain relevant, cost-effective and drive value to all of its customers. We are an industry in change.

Energy advisors Douglas-Westwood will present at All Energy 2013, in Aberdeen, May 22, and Frank Wright, Renewable Energy Manager, will outline findings of the soon to be released Offshore Wind Market Forecast, giving a global overview of the industry through to 2022. Mr. Wright will be providing a global overview of the offshore wind sector as part of the offshore wind session titled “Current State of Play – and the Way Forward.” During his talk, Mr. Wright will present a summary of Douglas-Westwood’s most recent market forecasts including coverage of new capacity…

IFS announce that Damen Group, has chosen to extend its agreement with them by purchasing additional user licenses for IFS Applications™. organization. By extending its use of IFS Applications, Damen Group is reinforcing its strategic, long-term partnership with IFS. "We will deploy IFS globally for all Damen companies," said Marc de Thouars, Group IT Director of Damen Group. “The maritime sector is one of IFS’s target industries. from engineering, procurement, materials management and management to installation and commissioning,” said Nico van Heuven, Managing Director, IFS Benelux. “IFS staff worldwide has extensive experience in this industry, which we have used to develop best-practice solutions in collaboration with our customers.

American Commercial Lines Inc. (Nasdaq: ACLI) announced results for the first quarter ended March 31, 2009. Revenues for the quarter were $196.8 million, a 27.2% decrease compared with $270.5 million for the first quarter of 2008, as transportation revenue declined by 24.1% and manufacturing revenue fell 45% on fewer units sold. For the first quarter 2009, the company's net loss was $5.5 million or $0.11 per share compared to net income of $2.3 million or $0.05 per diluted share for the first quarter of 2008. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for the first quarter of 2009 was $13.1 million with an EBITDA margin of 6.7% compared to $23 million for the first quarter of 2008 with an EBITDA margin of 8.5%.