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

DSV warns of cuts at Panalpina thumbnail image

DSV warns of cuts at Panalpina

October 15 - Corporate functions and positions at Panalpina may be cut or relocated to DSV’s headquarters in Denmark, as the companies continue with the integration process.
Views: 293
Seville prepares for more project cargo thumbnail image

Seville prepares for more project cargo

October 15 - The port of Seville revealed that it will make a series of infrastructure improvements aimed at attracting industrial traffic and project cargoes.
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Blue Water handles hull delivery thumbnail image

Blue Water handles hull delivery

October 15 - Earlier this year, Blue Water Singapore coordinated the transport of four trawler hulls, weighing approximately 500 tons (453.6 tonnes), from Vietnam to Norway.
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First steel cut for Mammoet Focus  thumbnail image

First steel cut for Mammoet Focus 

October 15 - The first steel has been cut for Mammoet’s Focus 30 crane – a heavy lifting solution for use in confined spaces such as plants and inner cities.
Views: 239

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