Latest news from Heavy Lift & Project Forwarding International Magazine

Doubts raised over business case for offshore wind power generation

July 5 - A report by global business consultants, PriceWaterhouseCoopers, on the business case for the offshore wind power industry has determined that the industry "has some way to go to prove it can take its place as a sustainable part of the energy mix

While the continuing growth of offshore facilities is mainly positive for those heavy lift shipping lines and contractors involved in the physical installation of towers, turbines and power cables to the mainland as well as the associated infrastructure, the wider case for such power generation is not quite so clear.

The survey, 'Turning windpower promise into performance', is based on field research by GBI Research, and involved 57 interviews with executives from across the industry in 12 countries in a format which provides interesting food for thought.

The report suggests that biggest challenge facing the industry is to bring costs, including shipping, transportation and installation, down to a range where offshore windpower can compete in the energy mix with little or no subsidy. However, the outlook among contractors/OEMs for cost reductions is mixed. The greatest expectation is of a cost decrease in real terms (42 percent of respondents) but many do not foresee any reduction with a 25 percent actually predicting cost increases. 

For more information about the report visit: http://www.pwc.co.uk/eng/publications/turning-windpower-promise-into-performance.html

Heavy Lift | News

Fesco and RZD team up to link Europe and Asia thumbnail image

Fesco and RZD team up to link Europe and Asia

May 24 - Fesco Transportation Group and Russian Railways Logistics (RZD Logistics) are launching a Trans-Siberian multimodal service to expedite the delivery of goods from Japan to Europe via Russia.
Views: 335
POSH to launch maritime training centre in Taiwan thumbnail image

POSH to launch maritime training centre in Taiwan

May 24 - POSH Kerry Renewables – a joint venture of PACC Offshore Services Holding (POSH) and Kerry TJ Logistics – has signed a memorandum of understanding (MoU) to develop Taiwan’s first specialised maritime training centre. 
Views: 274
PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
Views: 294

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