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Monday, April 29, 2024
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Projects News

29 Apr 2024

QatarEnergy Places $6B Order for 18 LNG Vessels to China’s CSSC

(Credit: QatarEnergy)

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its LNG fleet expansion program.The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary, and will feature state of the art technological innovation and environmental performance.Eight of the 18 QC-Max size LNG vessels will be delivered in 2028 and 2029…

29 Apr 2024

SOVs – Analyzing Current, Future Demand Drivers

Norwind Offshore service operation vessel ‘Norwind Breeze’ in the port of Emden
Copyright Björn Wylezich/AdobeStock

At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time, allowing them to transfer to structures on integrated heave compensated gangways, by daughter craft or on CTVs. The vessels are also equipped with cranes, storage, and small workshop areas.SOV: Service operations vessels…

25 Apr 2024

Equinor Upbeat About Investor Interest in US Offshore Wind Farm

Source: Empire Wind

Norway's Equinor is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday.New York State authorities in February awarded the project a new conditional power purchase contract, replacing a previous deal that was no longer competitive due to rising construction costs, higher interest rates and supply chain snags.Equinor was glad to have received the new contract, which significantly changed the economics of the project, CFO Torgrim Reitan told analysts durin

25 Apr 2024

New Cranes & Offshore Wind Efficiency

NOV is upgrading the cranes on Cadeler’s existing O-class WTIVs. Image courtesy of Cadeler.

The end may be in sight, but the race for bigger cranes is still having an impact on offshore wind project efficiency.The industry has already felt the need for upgrading crane lifting capacity on existing offshore wind installation vessels: NOV is upgrading the cranes on Cadeler’s existing O-class wind turbine installation vessels (WTIVs), and a gantry crane extension will soon make Van Oord’s Svanen one of the largest floating heavy-lift installation vessels.It’s a newbuild phenomenon too. NOV has developed a telescoping leg encircling crane for Shimizu’s GustoMSC-designed WTIV Blue Wind.

25 Apr 2024

Philly Shipyard Exploring Collaboration Opportunities with Hyundai Heavy Industries

(Photo: Philly Shipyard)

U.S. shipbuilder Philly Shipyard announced it has signed a memorandum of understanding (MOU) with the world's largest shipbuilding group, South Korea's HD Hyundai Heavy Industries (HHI), to explore a potential business relationship relating to future U.S. government shipbuilding projects as well as maintenance, repair and overhaul (MRO) projects.The MOU was signed during a visit from HHI to Philly Shipyard on April 12, 2024 and was attended by officials from both companies, including Dr. Won ho Joo, Chief Executive of Naval and Special Ship Business Unit of HHI, and Mr.

25 Apr 2024

US Offshore Wind: Outlook Strong Despite Construction Productivity Issues

(Photo: Worldview Films, courtesy Vineyard Offshore)

While construction productivity issues continue to present immediate challenges for the U.S. offshore wind industry, the long-term outlook remains strong for the nascent sector, according to a recent report from business intelligence and consulting firm Intelatus Global Partners. Intelatus' most recent monthly report on the U.S. offshore wind industry identifies a number of factors hindering offshore construction activities--from weather delays to the scheduling and availability of necessary vessels."Construction vessel productivity to date has been below expectation…

25 Apr 2024

Bourbon Orders Exail Tech to Streamline Subsea Fleet’s Services for Offshore Energy

Bourbon Evolution 802 MPSV (Credit: Bourbon/Supplied by Exail)

UK-based Exail has secured a contract with French maritime services provider Bourbon to supply several units of its Octans Attitude and Heading Reference Systems (AHRS) for integration into Bourbon Subsea Services’s fleet.These units will be installed on multiple Bourbon Evolution 800 Series multi-purpose support vessels (MPSVs) dedicated to subsea operations at depths down to 3,000 meters.IMO-HSC certified, the Octans AHRS will enhance Bourbon vessels’ efficiency in installation…

25 Apr 2024

Babcock Takes Charge of Type 23 Frigate Upkeep for Royal Navy

(Credit: Babcock)

Babcock has been awarded the contract to manage the Type 23 class frigate Refit Support Group, allowing the company to take end-to-end responsibility for vessel upkeep and regeneration in preparation for handover to the ship’s crew.This innovative change follows more than five years of close working between the Royal Navy-led Refit Support Group and Babcock.It frees up UK Royal Navy personnel for front line operations and creates new and exciting roles for 40 Babcock engineering technicians and managers at its Devonport facility…

25 Apr 2024

MPCC Secures Funding for Two Dual-Fuel Methanol Containerships

(Credit: MPC Container Ships)

Norwegian shipowner MPC Container Ships (MPCC) has signed a $55 million pre and post-delivery ECA covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.The vessels are scheduled for delivery towards the end of 2024 and are secured by 15-year time charter agreements with North Sea Container Line (NCL). The loan matures in 2036, according to MPCC.Chinese-based shipyard Taizhou Sanfu Ship Engineering is in charge of the construction…

25 Apr 2024

US Releases Offshore Wind Liftoff Report and Promises Funding

© Cavan / Adobe Stock

The U.S. Department of Energy (DOE) has released its latest report in the Pathways to Commercial Liftoff series, describing how the U.S. offshore wind sector is adapting to challenges and poised for continued progress, with a path to deploying over 100 gigawatts (GW) by 2050.The Pathways to Commercial Liftoff: Offshore Wind report finds that the sector today is poised for liftoff, enabled by continued efforts to adapt to recent market challenges. The projects that move forward in the next several years will lay the foundation for consistent long-term deployment…

25 Apr 2024

US Interior Department Finalizes Offshore Renewable Energy Rule

Source: Department of Interior

US Secretary of the Interior Deb Haaland has announced that the Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) have finalized updated regulations for renewable energy development on the U.S. Outer Continental Shelf. The final rule increases certainty and reduces the costs associated with the deployment of offshore wind projects by modernizing regulations, streamlining overly complex processes and removing unnecessary ones…

24 Apr 2024

US Plans 12 Offshore Wind Auctions Over Five Years

© Alexisaj / Adobe Stock

President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year.The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in a statement."Our offshore wind leasing schedule will provide predictability to help developers and communities plan ahead and will…

24 Apr 2024

Naval Group Submarine Win Contested by Thyssenkrupp

Copyright newb1/AdobeStock

Thyssenkrupp appealed against a decision by the Netherlands last month to award a contract worth billions of euros to build submarines to France's Naval Group, the German company said.Thyssenkrupp Marine Systems (TKMS), the German conglomerate's defence division, filed the objection with the District Court in The Hague in late March, the company said in an e-mailed statement."This measure is a professional business procedure in such publicly tendered major projects and part of the competition - especially in light of the questions that remain unanswered regarding specific evaluation criteria…

23 Apr 2024

U.S. Installed Offshore Wind Capacity Jumps in First Quarter

© Photocreo Bednarek / Adobe Stock

Installed offshore wind capacity in the U.S. grew to 242MW in the first quarter of the year from 42MW in the previous quarter, the Oceantic Network said in its report, showcasing a recovery in a previously volatile industry.The offshore wind industry is expected to play a major role in helping several states and, the Biden administration meet goals to decarbonize the power grid and combat climate change.The industry had a tough 2023 after developers wrote off billions of dollars in impairment charges due to high-interest rates…

23 Apr 2024

One-on-One: Rob Langford, VP, Global Offshore Wind, ABS

“We are engaged with multiple US OSW wind developments and seeing an up-tick for CVA, technology review and risk reduction services in early development phases. With new lease rounds coming and new opportunities, we do not see a big slowdown for OSW developments apart from the obvious project delays and re-bids.”
Rob Langford, VP, Global Offshore Wind, ABS

As the U.S. offshore wind industry endures a predictable number of stops and starts during its adolescence, common mantras are ‘learn from the established European model’ and ‘embrace technology transfer from the offshore oil and gas sector.’ In Robert Langford, the American Bureau of Shipping has all of that and more bundled in one neat package.Rob Langford has worked in the offshore industry for more than three decades, ‘cutting his teeth’ in a UK design firm working in the North Sea oil and gas platforms, the holy grail of rigorous conditions in offshore energy production.

23 Apr 2024

Damen Launches ‘Green’ Ship Dismantling Pilot

(Credit: Damen)

Damen Shipyards Group has launched a pilot project in which a small tug will be dismantled in a circular way and fully in line with the EU regulations.The project will serve as a trial, after which this approach of ‘green’ ship dismantling and recycling will be made available commercially, and also for larger vessels, according to Damen.The 15.4-meter-long tug named Jan, which was built in 1927, will be dismantled at Damen Shiprepair Rotterdam’s Botlek site in line with the regulations…

23 Apr 2024

Lhyfe Launches First Marketplace for Green Hydrogen

Source: Lhyfe

Green hydrogen producer Lhyfe has launched the first Green Hydrogen Marketplace, on its online portal Lhyfe Heroes.Since 2017, Lhyfe has been working to accelerate decarbonization through major innovations such as the world’s first industrial-scale green hydrogen production site directly connected to a wind farm in 2021, the world’s first pilot platform for producing green hydrogen at sea in 2022, and the digitalization of the sector, since 2022, with the Heroes digital platform…

22 Apr 2024

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

© vladsv / Adobe Stock

As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia.In April, Enterprise Products Partners' SPOT became the first project to receive a license from the U.S. maritime regulator for a deepwater port that could load two supertankers, each of which can carry up to 2 million barrels of oil at a time.But multi-year regulatory delays, a loss of commercial backers and slowing U.S.

22 Apr 2024

Navigation and Wind Farms: Competing Ocean Uses Raise Existential Questions

(Photo: Ryan L. Noel / U.S. Coast Guard)

“Wind Turbines: The Bigger, the Better” -USDOE Office of Energy Efficiency & Renewable Energy, August 24, 2023Last December the Bureau of Ocean Energy Management (BOEM) published a proposed sale notice regarding new development areas for utility scale wind projects in the central Atlantic Ocean. The notice includes an upfront issue: the need to mitigate conflicts with U.S. Department of Defense (DOD) activities. BOEM explains that in certain areas the Air Force has set an airspace floor of 1,000 feet above sea level and the Air Force asked BOEM to keep structures below that height.

22 Apr 2024

ABS Publishes Advisory on Methanol Bunkering

(File photo: Danish Shipowners' Association)

Classification society ABS has published what it says is the industry's first advisory on methanol bunkering as the cleaner-burning fuel continues to gain interest among shipowners seeking to reduce their environmental footprint.A key component of the methanol value chain and the overall scalability of the fuel will be the ability to bunker methanol, either by truck-to-ship, ship-to-ship or land storage tank/terminal-to-ship, ABS said.The new ABS Methanol Bunkering: Technical…

21 Apr 2024

Advanced Digitalization Discussed at Singapore Maritime Week

Source: MPA

The Maritime International Advisory Panel (IAP) held its third annual meeting on April 16, 2024, during the Singapore Maritime Week 2024. This year, the Maritime IAP held in-depth discussions on the key developments in the maritime sector, including decarbonization, green financing, digitalization and cybersecurity.Established in 2022 by the Ministry of Transport (MOT) and the Maritime and Port Authority of Singapore (MPA), the Maritime IAP aims to seek international perspectives on key long-term trends and developments that will shape the maritime industry.

22 Apr 2024

NOIA Appoints New Executives

© Cavan / Adobe Stock

The National Ocean Industries Association (NOIA) has appointed and approved the 2024-2025 term of the NOIA Board of Directors and Executive Committee. Jon Landes, President, Subsea of TechnipFMC has been elected as the NOIA Chair and Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, as the incoming NOIA Vice Chair.NOIA President Erik Milito said, “We are at a critical juncture where it's imperative to ensure that energy policy from Washington, D.C. does not hinder American energy production.

19 Apr 2024

New York Not Moving Forward With Three Offshore Wind Farms

© Global Image Archive / Adobe Stock

New York State on Friday stalled three major offshore wind-energy projects after General Electric Vernova GE.N changed the turbine design, which the state said "materially altered" the plans.New York provisionally approved the projects in October 2023. They are Attentive Energy One being developed by TotalEnergies, Rise Light & Power and Corio Generation; Community Offshore Wind, which is backed by RWE and National Grid Ventures; and Vineyard Offshore's Excelsior Wind.But since then…