Focus on Marine Projects

We once again highlight the ever-important marine projects industry by reviewing a lineup of vessels serving numerous purposes. Aside from the usual dredgers, also featured are maintenance workboats and offshore installation vessels, some of which are now in operation in the Far East.

Dredging and Land Reclamation • Maritime Infrastructure Development • Installation and Decommissioning • Maritime Surveying • Port Development • Offshore Wind Farm Development

Interestingly, many of this week’s reviewed vessels are noticeably large in size and even boast significant carrying capacities, reflecting the type and the scale of some of today’s marine construction projects.

Continue to visit Baird Maritime for the latest on the global marine projects sector.

Vessel Reviews:

• Dashields – Workboat to support US Army Corps of Engineers’ waterway maintenance duties
  
• Haifeng 2001 – Chinese-built large crane ship enters service
  
• Henk Piet – Electric dredger for Dutch civil engineering firm
  
• Hyundai Frontier – South Korean wind installation jackup delivered to owner
  
• Green Jade – DEME to operate first wind installation vessel built in Taiwan
• Huaxia Jinzu Shenda 01 – Wind installation platform with 1,200-tonne lifting capacity
  
• Seaway Trident – Maintenance tug designed for US inland waters
• VESSEL REFIT | Taktow – Irish operator acquires multi-role harbour tug
  

Features and Opinion:

COLUMN | Predictable outcomes: a certain wind turbine installation company; Cyan Renewables and DEME; Global Marine and CWind [Offshore Accounts]

– “Greed and short termism remain the primary weaknesses of the private equity model.”

– by Hieronymus Bosch, Baird Maritime‘s anonymous insider in the world of offshore oil and gas operations

News and Gear:

• Philippine transportation department unveils upgrade plans for 14 ports
• Marine Projects Vessel News Roundup | August 2 – New Chinese offshore wind crane ship, Russian inland dredger orders and more
• Maintenance dredging to benefit New Jersey rivers
• Environmental approval secured for expansion of Sweden’s Forsmark Port
• South Australian government issues tender for wharf upgrades

Recent Important Features:

COLUMN | Offshore wind: Who captures the value? TotalEnergies, BP, Shell, Ørsted and the great German offshore wind auction [Offshore Accounts]

– “The four sites will almost double Germany’s offshore wind generation capacity, which stood at just over eight GW at the end of 2022.”

– by Hieronymus Bosch, Baird Maritime‘s anonymous insider in the world of offshore oil and gas operations

COLUMN | Cadeler merging with Eneti: Read the Small Print; where does US$66 million go? [Offshore Accounts]

– “To receive a similar ‘change of control’ bonus in 2023 for merging the two companies would be egregious, and it is exactly the sort of corporate governance that we have criticised in the past.”

– by Hieronymus Bosch, Baird Maritime‘s anonymous insider in the world of offshore oil and gas operations

Remember to come back every day to see the latest news, opinion and vessel reviews!

Call for content!

Any news or views about the global marine project sector? Send it through to [email protected] ASAP (between now and August 25), so we can add it to this current edition of Marine Projects Week!

We are after:

• Vessels – Orders, new deliveries, under construction
• Gear – Latest innovations and technology in the marine projects sector
• Interviews – Owners, operators, dredging companies, marine contractors, port developers, etc.
• Reminiscences – Do you have any exciting, amusing or downright dangerous anecdotes from your time in the marine projects world? (example here)
• Other – Any other relevant news