Nautronics News

Dynamic Positioning Takes Control at Sea

Growing reliance on DP technology, a burgeoning global market and the focus on offshore safety means that DP capabilities are no longer optional. The requirement for Dynamic Positioning (DP) capabilities on offshore tonnage is growing in leaps and bounds; directly related to the offshore drilling boom in many parts of the globe. And, says Michael C. Ford, Vice President of Commercial Operations for L-3 Dynamic Positioning and control Systems, “The global market is larger than you would think. For every rig out there, 7 to 8 OSV’s and 2 construction vessels are needed to service that operation. In the next few years, it will involve at least $200 million USD in DP investment.” Ford goes on to say that offshore operations, as a minimum, now demand DP1 capabilities.