Offshore Wind Energy Update: The LCoE Buzzword
The buzzword of the Offshore Wind industry today is the Levelised Cost of Energy (LCoE) – the lifetime cost of the project, per unit of energy generated – which needs to be lowered in order to maximise the size of the industry. The 5th annual Offshore Wind Construction, Installation & Commissioning Conference, October 14-15, 2013 | Hamburg, Germany will consider such problems. Current wind farm projects…
China Yard Awarded Bulk Carrier Design Contracts
China Shipping Industry (Jiangsu) Co., Ltd. (CICJS) has signed design contracts for 64,000 dwt, 82,000 dwt and 105,000 dwt bulk carriers with Shanghai Merchant Ship Design & Research Institute (SDARI). CICJS says that through strengthening cooperation with SDARI, CICJS will further its independent research and development abilities, and will also participate in part production design work of the series of bulk carriers. China Shipping Industry Co., Ltd.
Fugro Acquisition Strengthens Middle East Operations
Netherlands' based Fugro has agreed to acquire DCN Global LLC (‘DCN Global’), a company specialising in the provision of subsea engineering and diving services to…
Navy's Latest LCS Comes Up to the Mark on Acceptance Trials
Rear Adm. Jim Murdoch, Program Executive Officer for Littoral Combat Ships (LCS) comments on the recent sea trial of the future 'USS Coronado', which as with all new construction ships in the Navy was conducted by the Board of Inspection and Survey. This was INSURV’s second acceptance trials of an Independence-variant littoral combat ship. Key at-sea demonstrations included main propulsion full power…
Korea Mulls Shipbuilding Finance Back-up Plan
An official at the Financial Services Commission (FSC), South Korea's financial regulator, is quoted by Xinhua as stating that the government plans to order a feasibility…
