Category Archives: Offshore

Posted on July 2, 2021 at 11:25 am by Jake Fish

Click Here to Apply to be One of Two Teams to Represent the USA

BRISTOL, R.I. (July 2, 2021) US Sailing has been invited by World Sailing and event host, Nostra Rosa Regatta, to select two mixed offshore doubles teams for the 2021 HEMPEL Offshore World Championships on September 16 26 in Italy.

The selection process will be conducted by resume and all interested teams are invited to submit their indication of interest and sailing resume to US Sailing by completing the application form. Submissions are due no later than Thursday, July 15, 2021.

The costs are approximately $12,000 for charter of the boat, accommodations, food, and ground transportation. Airfares and damage deposit are additional.

The Selection Procedures, Notice of Race, and additional regatta documents have been posted.

Click Here to Apply to be One of Two Teams to Represent the USA

Read more here:

US Sailing to Select Two Teams for 2021 Double Mixed Offshore World Championship - US SAILING

Chinese OEM MingYang is supersizing its offshore turbine portfolio, preparing to install a prototype of its 11MW MySE11-203 with a 203-metre rotor in October.

It is also developing a 15MW platform with rotor sizes of 225-236 metres-plus for both high-wind and low-wind global markets, with a prototype planned within two to three years.

Both models are again based on MingYang's proven hybrid-drive concept, which combines compactness with favourable head mass weight, making it highly suitable for floating wind applications. These, in turn, build on a legacy of multiple smaller, "lightweight" hybrid-drive models from 3MW upwards, all based on the original Super Compact Drive (SCD) technology developed by German engineering consultancy aerodyn.

With Chinese offshore wind subsidies ending on 31 December, it's a busy year for MingYang in its home market, according to the company's president and chief technology officer (CTO), Qiying Zhang. The manufacturer is pushing several volume models in parallel: 5.5MW, 6.45MW, 7.25MW and the latest 8.3MW MySE8.3-180.

The 300MW Zhuhai Jinwan project featuring MySE5.5-155 turbines was commissioned in April

"This year's total numbers installed in Chinese waters will include several hundred MySE6.45-180 units our current main volume model," he says.

"With more and more experience gained in offshore projects, the in-house installation capability being built goes through a steep offshore learning curve, including the fact that installation vessels have become so much more efficient in just a year that they can now install nearly twice as many turbines. And we noticed that new market entrants provide adapted and modified 'semi-stationary' oil-rig-type jack-ups as installation solutions, which further helps for some projects."

In preparation for the 11MW prototype installation this October, the gearbox and generator are currently being bench tested and validated, Zhang says. The first batch of four 99-metre blades has also been completed three for the prototype and one to be tested and validated statically and dynamically in the next few months.

This 11MW giant for high-wind IEC IB sites is also designed for typhoon-class (IEC TC) conditions, and the 203-metre rotor diameter (specific power rating of 340W/m2) ranks it among the world's biggest rotor sizes at present. Distinct hybrid-drive technology features include a flanged semi-integrated drivetrain with an unusual in-house developed two-stage planetary gearbox incorporating a single rotor bearing, and a permanent magnet generator (PMG).

The MySE11-203 medium-speed gearbox has a modest 1:21.9 step-up ratio, which together with 9rpm-rated rotor speed, results in 197.1rpm for the generator. This generator is flanged to a horizontal-to-vertical cast rear section that is directly mounted to the tower via the yaw bearing, without a separate nacelle cover. As is typical for hybrid-drive models, the gearbox, generator and rear-end horizontal housings have similar outer diameters and mounting flanges.

"The MySE11-203 further has a nacelle mass of only 388 tonnes. This is largely thanks to the double functionality of the housings in absorbing and transferring both structural loads and torque," Zhang explains.

"The current torque density of our gearboxes ranges from 140Nm/kg to 180Nm/kg, and all units are equipped with roller-type bearings in combination with our in-house flex-pin technology for even load distribution between the planets. The introduction of journal bearings is the next important drivetrain technology advancement step aimed at further boosting gearbox torque density levels. These bearings are currently being field-tested on an onshore model, and the first serial application will also be land-based", he adds.

MingYang develops and produces all blades for its entire turbine range in-house. The 86.5-metre blades for the 8.3MW offshore model its longest blades up to now is still being built in glass-fibre reinforced epoxy (GFRE). However, for the 99-metre MySE11-99A1 blades with 38.5-tonne mass, the company switched to glass and carbon reinforced epoxy (G&CRE) composite. In comparison, Vestas' V174-9.5MW, introduced in 2019 and also designed for IEC IB and typhoon class IEC TC, has 85-metre blades each weighing 35 tonnes.

The MySE11-203's 95.6m/s rated tip speed is substantially higher set against the "semi-standard" roughly 90m/s for offshore application, but markedly less than the 104m/s value Vestas announced for the V236-15.0 MW.

"Our first 11MW prototype, like other MingYang offshore models, has its power-electronic system (converter, switchgear, transformer) located in the tower base. This could prove an optimal positioning for future floating wind applications because lowering the centre of gravity offers enhanced floater and overall systems stability," Zhang says.

'An alternative option being evaluated is to move all power electronics to the nacelle level. We also established a new department focused on the development, manufacturing, transportation and utilisation of hydrogen solutions. The integration with wind power requires another close look at systems positioning and optimising."

He adds that MingYang's internationalisation efforts are clearly starting to bear fruit. The company is making its offshore market entry in Europe, shipping ten 3MW MySE3.0-135 turbines to the30MW Port of Taranto Port of Taranto (30MW) Offshoreoff Taranto, Apulia, Italy, Europe Click to see full detailsprojectin July, for completion by the end of the year.

This venture involves setting up a local service organisation. The company is in advanced discussions with a European developer for a major North Sea project and has several other wind farms in Europe under negotiation. MingYang also established a business and engineering centre in the German port of Hamburg and is considering building a factory in one of the continent's main wind markets. Closer to home, the firm expects to sign a contract with a Japanese client for a bottom-fixed project this year.

"These first steps to expand our international footprint are supported by a cumulative 10GW hybrid-drive onshore and offshore turbine track record, together with growing developer and market confidence in our technology," Zhang concludes. 'The MySE11-203 turbine will be certified by international certification body DNV, with a type certificate expected in late 2022. It is, above all, another major stepping-stone in our longer-term goal to become one of the leading global offshore wind suppliers."

In the second half of this year, developer China Three Gorges will install China's first floating wind system, a semi-submersible floater with a MingYang 5.5MW turbine atop, off the coast of Yangjiang City in Guangdong province.

Libing Zou, technical director of MingYang's wind energy research institute, is in charge of wind-turbine system development, including floating offshore wind turbines. He explains that boundary conditions in Chinese waters can currently be challenging for all developers due to shallow water depths.

MingYang's MySE5.5-155 turbine will sit on a semi-submersible platform for the China Three Gorges floating installation

In the section of the South China Sea where the prototype floating unit will be operating, typical boundary conditions include ~8m/s mean wind speeds, and up to 70m/s extreme wind conditions during typhoon events.

Fully understanding local boundary conditions, including typhoon occurrences, and evaluating them against system costs and stability poses some of the most intense challenges for his engineers, according to Zou.

His team developed an advanced floating system platform motion controller that incorporates sophisticated control strategies for surge and sway motion dampening and counteracting negative dampening impact.

"To reduce loads and improve stability, we are researching a model-based prediction control strategy, creating a wind turbine model for power generation and load control. It takes into account mechanical vibration characteristics of the drivetrain, electro-mechanical conversion dynamics of the generator, and aerodynamic characteristics of the blades and rotor. We added a forward-looking wind-speed estimate function, which can potentially boost energy capture. The accuracy of the wind turbine dynamic model is essential to the control effect, some model parameters need to be identified by on-site testing, and we have our model verified by a measurement campaign."

The floating wind turbine is further equipped with hundreds of sensors for full monitoring of the turbine operation, and it transmits vibrations of the floating platform, tower, blade and other large components to the main control system for real-time monitoring and protection. This remote systems-control capability is continuously reinforced and updated by big data accumulated from hundreds of MingYang offshore and onshore turbines operating in typhoon-prone conditions.

The 5.5MW nacelle ready for installation on China's first floating offshore wind installation

"This first floating wind turbine is optimised to adapt the surge and sway motion. We continue to iterate and update our current and future products to meet market requirements. These experiences will be carried over to future floating turbine projects with MingYang hardware, to continuously find the best ways to improve balancing floater and system cost and stability, and ultimately LCoE performance", he concludes.

More here:

MingYang targets floating and supersized offshore wind - Windpower Monthly

The following opinion column is from Gustav Witzoe, CEO and president of SalMar Group.

SalMar and I have great faith in a future where Norwegian aquaculture will use the large Norwegian sea areas in the open sea, outside the current production areas.

However, this enthusiasm will never displace our belief in coastal aquaculture.

It is, and will be, the very foundation for both SalMar and the Norwegian aquaculture industry -- coastal aquaculture that has made Norway the world's leading salmon producer and this will continue to be the case in the future as far as we can see today.

It is today's coastal aquaculture that will be the foundation, and pivotal in whether we will succeed further offshore.

These important points have unfortunately been overshadowed in an enthusiastic report in Intrafish [published in Norwegian on IntraFish.com]triggered by the fact that SalMar has been visited by a delegation of prominent Center Party politicians on tour on the Trondelag coast.

On behalf of SalMar and the company's 1,700 employees, I would like to thank Trygve Slagsvold Vedum, Ole Borten Moe and the rest of the party's delegation who visited our company, which provides many jobs along the Norwegian coast.

It has come to my attention that the report was perceived by some as a little too one-sided in favor of sea-based aquaculture. Let me assure everyone that the dialogue on Froya was more balanced than a few sentences in a report can imply.

Let me first and foremost state that my enthusiasm for offshore aquaculture is not due to a lack of faith in coastal aquaculture.

SalMar invests billions annually in the entire value chain for the production and processing of salmon based on traditional, coastal aquaculture.

Norwegian aquaculture has undergone a formidable development in its 51 years, and will continue to do so in the future. New equipment has been developed, and more exposed areas are starting to be used -- with environmentally sustainable growth as a hallmark.

At the same time, the industry must continue to be a driving force for continuous improvement, not least to meet the environmental and area challenges it faces.

If Norway is to fulfill its ambition of being the world's leading seafood nation, we must also use the enormous Norwegian sea areas in the open sea.

There are still many good locations for producing salmon in the traditional coastal areas. These must be further developed, and more must be used. But there are more and more stakeholders in the same areas, and we will experience greater scarcity of space.

For this reason, it is important for Norwegian aquaculture that there is a development that makes it possible to produce salmon outside the current production areas.

SalMar wants to be central in the development of equipment and modes of operation that make this possible.

The industry and SalMar have a reasonable expectation for a set of regulations that make it possible to apply for production permits also in the open sea, without this affecting the growth opportunities within the current production areas. It has been two and a half years since an inter-ministerial working group presented models for this in its report Offshore Aquaculture - new technology - new opportunities.

The time has now come for the next step.

Technological development in the industry is progressing fast, both in Norway and other countries. It would be a shame if Norway took a back seat in relation to competitor countries where billions are being invested in aquaculture both on land and at sea.

It is all the more important that Norway fully invests in sustainable growth in coastal aquaculture and at the same time opens up for offshore aquaculture.

Both parts are important for Norway's future: Sea and coast go hand in hand.

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SalMar CEO: Offshore and coastal salmon farming go 'hand-in-hand' - IntraFish

Offshore aquaculture not only increases the global seafood supply but also serves to temper or mitigate the effects of climate change, according to researchers who spoke at a June 29 online congressional briefing presented by the American Fisheries Society and the National Oceanic and Atmospheric Administration.

The first and last word in aquaculture in the United States is conservation, said Jesse Trushenski, chief science officer and vice president of animal welfare for Riverence, the largest producer of farmed rainbow trout and steelhead in the Americas.

A proposed Pacific Ocean AquaFarms project, spearheaded by the Hubbs-SeaWorld Research Institute and Long Beach-based investment group Pacific6 Enterprises, aims to produce up to 5,000 metric tons of yellowtail fish annually in federal waters about four miles off the coast of Bird Rock.

Were moving that project forward, Hubbs-Seaworld President and Chief Executive Don Kent said at the webinar, noting that the project is under review by the U.S. Environmental Protection Agency.

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Southern California is a huge seafood market, Kent said. If we can grow our seafood four miles out to sea and put it in our own processing plants instead of growing the fish in Australia and flying it 7,300 miles into our market, its a huge opportunity that allows sustainability moving forward.

Matt OMalley, executive director and managing attorney for environmental group San Diego Coastkeeper, which has opposed the Pacific Ocean AquaFarms project, did not attend the briefing but told the La Jolla Light that there is nothing sustainable about offshore finfish aquaculture except sustained damage to our environment. Offshore finfish operations pollute the ocean with fish waste, feed and antibiotics, harm wild bird populations and marine mammals including whales and sea lions, spread disease to native fish and threaten local fishing industries.

Kent said at the webinar that we do a wide range of environmental work in several different study areas, including research of sustainable seafood development.

Whats been frustrating to us over the years has been this inability to transfer what weve learned how to do with these different species into the commercial sector, where the real benefit can be realized, Kent said.

The world is hungry, Trushenski said. Its estimated that we need to be producing roughly 60 percent more food by the year 2050 due to population growth.

We could feed a couple billion more people with more chicken and pork and beef, but that would require more acres for crop production, she said.

When we think of aquatic conservation, one of the most important variables is land use and how that impacts watersheds, Trushenski said.

With more than 80 percent of fish stocks currently either fully exploited, in recovery from overfishing or unfortunately still in decline, she said, aquaculture has emerged to fill this growing seafood gap.

Trushenski added that about half the worlds seafood now comes from farms and that there is more farmed fish and shellfish produced each year than we produce beef.

Aquaculture is diverting harvest pressure that would otherwise be applied to wild fish, she said. Nearly all fisheries are already at their limit and are likely to become increasingly vulnerable to overharvest as a result of climate change and other stressors. Aquaculture helps by relieving this added pressure, allowing us to meet that growing seafood demand without decimating fisheries.

Climate change, marked in the oceans by less oxygen and more acidity, leads to smaller, less robust fish, Trushenski said.

She said aquaculture can help us to produce the additional food that we need with a smaller carbon footprint, less consumption of fresh water and reduced emissions of greenhouse gases.

Seth Theuerkauf, science coordinator with the NOAA Fisheries office of aquaculture, said American marine aquaculture really presents a unique and really important opportunity in light of climate change.

Seafood has long been known to be one of the worlds most traded commodities, and because of that, supply chains can be complex, long and emissions-intensive, he said. Aquaculture has the potential to shorten supply chains, thereby reducing emissions, he added.

Theuerkauf said the United States is 17th in the world in aquaculture production. If were able to increase our ability to produce more seafood domestically through aquaculture, were able to achieve those efficiencies in terms of reduction in emissions, he said.

Commercial seafood production, Theuerkauf said, also provides benefits such as removal of excess nutrients from water bodies, provision of habitat for wildlife like juvenile fish and possibly the buffering of ocean acidification through seaweed farming.

Within the Pacific Northwest, hatcheries have been able to adapt to increasingly acidic seawater by actually buffering intake seawater to boost survival of shellfish within hatcheries, he said.

Rebecca Gentry, a postdoctoral researcher at Florida State University whose work focuses on marine aquaculture development, said most marine farms are in the ocean and can have a significant direct impact on the surrounding environment.

There might be negative impacts such as nutrient pollution or introducing diseases into wild species, she said. But there are also positive effects such as carbon sequestration and nutrient absorption, depending on where the farm is located, she added.

We already have the data and models and decision support tools to make good decisions that can account for these factors, Gentry said. Specifically, science-informed siting can identify potential farm locations that are productive and profitable, have lower environmental impacts because of the characteristics of the site and minimize conflicts with other ocean uses, such as military or fishing.

OMalley told the Light that organizations like San Diego Coastkeeper dont necessarily oppose all types of aquaculture.

Other forms of aquaculture, like kelp farming, can offer environmental benefits, he said. But offshore finfish farming has shown to be harmful the world over. San Diego should instead be supporting sustainable native, natural fisheries and our local home-grown fishing industry.

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Panel of researchers cites benefits of offshore fish farming - La Jolla Light

By TAYLOR HAELTERMANCapital News Service

LANSING Coastal wind is a strong, consistent power source and Michigans more than 3,000 miles of coast could provide double the electricity residents used from all sources in 2019.

Thats according to a recent report using data from the National Renewable Energy Laboratory that evaluated the energy potential of offshore winds across the United States. The report was produced by Environment America and Frontier Group organizations that provide information on and work to improve the environment.

The wind off the shores of the Great Lakes could provide electricity for Michigan, Illinois, Indiana, Minnesota, Pennsylvania, Ohio and Wisconsin, the report said. New York was excluded from the Great Lakes region because its offshore energy potential comes from the Atlantic Ocean.

Of these states, Michigan has the most potential.

Offshore wind could generate three-quarters of the states predicted electricity use for 2050 with full electrification, according to the report.

Full electrification means switching the state to electric power entirely from buildings to transportation to industry, said report co-author Hannah Reed.

The next-closest Great Lakes state in 2050 coastal power generation potential is Wisconsin at 27%, according to the report.

Taylor Haelterman

This potential is technical potential, which means its the total energy generation possible from wind in that area. That doesnt mean all that energy would necessarily be harvested, said Reed who is Environment Americas Go Big on Offshore Wind program associate.

We say technical potential specifically because its just that its potential, she said. Were not necessarily saying that we should develop all this offshore wind. Were just saying this is what is there, and this is what we could be using.

We also recognize that with technology improving and becoming even more efficient and powerful, the technical potential could increase in future years.

Turbines that look like giant, three-pronged windmills that can stand on the lakebed or be floating and anchored to it would generate the power.

The benefit of offshore wind is that its strong and consistent, making it a reliable option that can generate more power than wind over land, the report said.

And theres the benefit that its renewable energy.

Instead of relying on dirty fossil fuels, youre transitioning to use clean renewable energy that can power a much cleaner and healthier future for everybody, Reed said.

But there are hurdles. Depending on the lake, there can be limited usable areas, winter ice floes that could damage floating turbines and conflicting uses, she said.

Beyond technological barriers, two of the largest barriers are community and political acceptance of offshore wind projects because the Great Lakes are important to us, said Dan Scripps, the chair of the Public Service Commission.

Its important to discuss offshore wind development before projects are proposed because current laws for wind project permits might be insufficient, and offshore wind farms wont be a good fit everywhere, Scripps said.

Theres no silver bullet. Theres no perfect answer. Its sort of balancing the tradeoffs that you see, Scripps said.

But I also think that if were thoughtful and are willing to have conversations around what are the right spots and what are the wrong spots for ecological or other reasons, in advance we can build a strategy, whether thats Michigan or across the Great Lakes, that identifies places that might be more suitable, he said.

U.S. Energy Information Administration

Having a plan in place will provide a clearer path forward that builds on supporters of offshore wind, Scripps said.

But those struggles dont mean offshore wind farms in the region are impossible.

The report said the Icebreaker Wind project in Ohio, set to be completed in 2023, is the only offshore wind project in the Great Lakes region. That partnership between the Lake Erie Energy Development Corp. and Fred. Olsen Renewables will place a wind farm in Lake Erie 8 miles north of Cleveland, according to the corporation.

Dave Karpinski, the president of the Lake Erie Energy Development Corp., said the company wont build more wind farms because its icebreaker project is meant to pave the way for others.

Our vision is that, if this first project can develop, then that will open the door to a competitive market to really come in and let the competitive forces drive down costs and come up with the best solution, Karpinski said.

Report coauthor Reed said, We know that offshore wind in the Great Lakes is poised to take off, its just a matter of states making those commitments and being confident enough in the potential.

Taylor Haelterman reports for Great Lakes Echo.

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Offshore wind could provide double the electricity Michigan residents used in 2019 - Spartan Newsroom - Spartan Newsroom

CHICAGO The nations largest rooftop venue is right here in Chicago.

Nestled at the end of Navy Pier, Offshore offers panoramic views of Lake Michigan and the city skyline, and provides a unique perspective of Chicago.

The all-weather venue offers a full-service bar and menu, a 20,000-square foot terrace with seven cozy fire pits, an entertainment and gaming area and multiple large gathering spaces for social and corporate events, weddings, and much more.

For firework times, were doing reservations through Tok. Those reservations will be for the premium tables on the side of the venue with the fireworks,Offshores Clay Livingston said.

Visitors can enjoy firework nights on Wednesdays and Saturdays as Offshore provides a unique perspective to catch all the fun.

Offshore Rooftop & Bar1000 E. Grand AveChicago, IL 60611

For more, follow@tomwgnchicagoon Instagram.

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Dine, drink and enjoy fireworks at Offshore, the largest rooftop deck in the country - WGN TV Chicago

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

TOKYO, July 1 (Reuters) - SoftBank Group Corp (9984.T) said on Thursday it plans to raise $7.35 billion this month by selling U.S. dollar- and euro-denominated bonds, the Japanese conglomerate's first such foreign bond sale in three years.

SoftBank plans to sell dollar bonds worth $3.85 billion with maturities ranging from 3.5 years to 10 years, and euro bonds worth 2.95 billion euros ($3.5 billion) with a similar duration.

The group, which hiked its capital commitment to the second Vision Fund to $40 billion, said proceeds from the latest bond issuance would be used to repay debt and general corporate purposes.

The bonds were given a BB-plus junk rating by S&P Global Ratings.

($1 = 0.8438 euros)

Reporting by Sam Nussey, Editing by Sherry Jacob-Phillips

Our Standards: The Thomson Reuters Trust Principles.

Read the rest here:

SoftBank to raise $7.35 bln in offshore bond sale - Reuters

Hywind Scotland created the worlds first floating wind farm which currently houses five 253-meter (about 830-feet) 6MW floating wind turbines. Located about 25 kilometers off the coast of Peterhead, Scotland, Hywinds floating wind farm generates enough electricity for more than 30,000 households.

This offshore wind farm is the first that floats on the seas surface instead of being dug into the ocean bed. Each turbine is anchored to the surface of the sea using three 900-meter chains, in total weighing approximately 440 tons each.

Access to deeper waters means more consistent wind speeds and therefore, more efficiency when generating electricity. There is great worldwide potential to develop more floating wind farms along the coastlines of windier areas and even in deeper waters.

Many more offshore wind farms are being proposed in England and Scotland to start construction in the next three to five years.

Floating wind power has enormous potential to be a core technology for reaching the climate goals in Europe and around the world, says Frank Adam, a wind energy technology expert at the University of Rostock in Germany.

Near shore wind farms consistently gain opposition from conservation groups and coastal residents for various reasons. The development of floating wind farms would help remedy this problem, but there are still those who are concerned about the new floating wind farms.

Although there are many positives to floating wind farms and Hywind Scotland remains the UKs best performing offshore wind farm, there are multiple communities who have raised concerns about Hywind Scotland and other offshore wind farm developments in hopes of stopping future projects.

Commercial fishermen have shown extremely strong opposition to commercial-scale offshore wind because they feel that the development of floating wind farms will make it difficult to impossible to fish in certain areas. This problem could potentially force them into disputes with other fishermen who refuse to share space. This community will present significant challenges to those looking to create and expand floating offshore wind farms.

There are also financial concerns about the development and sustainability of offshore wind farms. Return on investment of wind turbines, cost of developing and maintaining offshore wind farms, and other financial risks are being questioned as this new form of renewable energy grows and progresses. The electricity that is generated from offshore wind is currently twice as expensive as wind turbines found closer to shore. They are three times more expensive than on land turbines. Some question if the cost of floating offshore wind turbines will drop enough to compete with other clean energy tactics and technologies.

Since there are multiple communities who oppose this new type of wind farm, steps need to be taken to show these groups they are being heard and their concerns are being addressed by project leaders.

Performing an economic impact analysis can lessen any financial concerns. Also, the public must be educated about the economic benefits of offshore and floating wind projects by being reminded of an estimate of the number of jobs created for construction, installation, operation, and maintenance of floating wind farms.

Gaining public support should be a priority for any project that is facing opposition. Public Strategy Group can help by creating impactful public affairs campaigns that will positively reach the community through intense outreach, supporter engagement, and persistent communication.

Al Maiorino startedPublic Strategy Group, Inc.in 1995. His firm has developed and managed multiple corporate public affairs campaigns in a variety of industries such as gaming, cable television, retail development, auto racing, renewable energy and residential projects. Additionally, his firm has worked on projects in twenty-seven states and three countries.

Read more:

Al Maiorino - Could Floating Offshore Wind Farms be the Next Wave of Renewable Energy? - Renewable Energy Magazine

The Taoiseach (Irelands Prime Minister) Michal Martin and the Ministers from the Irish government launched the National Marine Planning Framework (NMPF) on 1 July and confirmed that the publication of the Maritime Area Planning (MAP) Bill 2021, legislation to manage marine development, which was approved by Cabinet on 29 June.

The framework, Irelands first national framework for managing marine activities, will be the key decision-making tool for the governments departments, State agencies, regulatory authorities and policy makers for decisions on marine activities up to 2040. Decisions will include planning applications as well as policies, projects and strategies.

As for the MAP Bill, for which the Irish government says is critical to ensuring Ireland meets its ambitious offshore renewable targets, it will now be brought to the Oireachtas (Irish Parliament) to seek enactment.

Once enacted, the bill will establish in law a new planning regime for the maritime area and replace existing State and development consent regimes, and streamline arrangements on the basis of a single consent principle.

Back in April, Irish Government said it was working on a new maritime planning bill that would remove the regulative and administrative challenges present under the current act and allow for faster realisation of offshore wind projects.

According to information from April, the government has received more than 50 site investigation applications for offshore wind over the last two years, with 24 received since September 2020 alone.

The increase in offshore wind development demand, together with the commitment to meet Irelands targets for reducing carbon emissions and renewable energy, has led to a significant increase in related foreshore consenting activity.

Under the current regulatory regime, the application processes for development and State property consent are complex and challenging.Furthermore, various issues arising from the lease and licensing processes, and the management of some 2,200 existing leases and licences involve a range of complex legal, financial and technical matters for consideration.

The new MAP Bill will replace the existing foreshore consenting and provide for a completely new State consent regime for the entire maritime area, integrating development consenting into the planning permission system.

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Ireland Moves Forward with Setting Up Rules to Speed Up Offshore Wind Development - Offshore WIND

DUBLIN, July 1, 2021 /PRNewswire/ -- The "Global Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The offshore support vessel market is projected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, from 2021 to 2026.

The growth of the market is also attributed to the increase in exploration activities in ultra-deepwaters and the Arctic region, in countries such as the US, Canada, and Norway.

Also, a growing focus on the European Union's (EU) renewable energy targets would result in increasing the demand for offshore wind energy in Europe.

Thus, the growth in deployment of offshore wind farms would be the opportunity for the offshore support vessel market during the forecast period. Oversupply of offshore vessels acts as a restraint for the growth of the market during the forecast year.

The AHTS segment is expected to hold the largest share of the offshore support vessel market, by type, during the forecast period

Anchor-handling tug supply (AHTS) vessels constitute the largest segment of the offshore support vessel market, by type, in terms of volume as well as value. AHTS vessels are designed to provide anchor-handling and towage services and are also used for supplying deck cargo, water, fuel, dry bulk, and mud-to-oil rigs and platforms. These vessels can also be used for emergencies and are well equipped for firefighting, rescue, and oil recovery operations.

The demand from Asia Pacific and Europe is projected to drive the market for AHTS vessels during the forecast period. Countries such as Vietnam, Malaysia, Thailand, and Australia increased their E&P activities in offshore areas in the recent past.

Malaysia is the largest contributor to the short-term oil & gas production growth mainly due to the Kebabangan Gas Project. The global AHTS market dominated the global offshore support vessel market owing to increasing shallow-water activities in the Asia Pacific region.

North America: The fastest market for offshore support vessels

The North American market is projected to be the fastest-growing market, during the forecast period, owing to the continued production and exploration activities, particularly in the US and the Gulf of Mexico. As oil prices remain stable, the North American market will grow at the highest pace, as it will witness the fastest rise in exploration and production spending in response to any future recovery in oil prices, with its well-developed offshore industry.

Moreover, significant reserves and a comparatively stable political environment have further supported the growth of the offshore support vessel market in the region.

Premium Insights

Market Dynamics

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Market Map

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Supply Chain Overview

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For more information about this report visit https://www.researchandmarkets.com/r/kwdjlf

Media Contact:

Research and Markets Laura Wood, Senior Manager [emailprotected]

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SOURCE Research and Markets

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Global Offshore Support Vessel Market Report 2021: AHTS Segment is Expected to Continue to Account for Largest Share to 2026 - PRNewswire