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Inside The Red-Hot Offshore Wind Energy Market

Jones Act compliant SOV design. Photo courtesy Vard Edda Mistral. Photo courtesy Gondan As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter. As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States,” shows the anticipated growth trajectory. Service Operations Vessels (SOVs), which can commission and/or maintain turbines, are central to the plan, and Philip Lewis, Director of Research, WER’s, explains that SOV’s are deployed for several functions:

Louis Dreyfus Armateurs, Tidal Transit In Another

Maritime Activity Reports, Inc. Credit: Mauric Louis Dreyfus Armateurs and Tidal Transit have signed a contract for another Crew Transfer Vessel for the Saint-Nazaire offshore wind farm, offshore France. The wind farm site is owned by Eolien Maritime France SAS. The order follows a similar order signed in December 2020, when  GE  ordered two such vessels from Louis Dreyfus Armateurs and Tidal Transit. As the first two crew transfer vessels, this third vessel will be designed by naval architect Mauric and built by French shipyard Ocea.  LD Tide, a JV between, Louis Dreyfus Armateurs and Tidal Transit will operate the CTV for the transfer of maintenance technicians to the Saint-Nazaire offshore wind farm. This unit will be the third vessel to be operated by LD Tide on the future Saint-Nazaire offshore wind farm.

Ocean Yield s Dry Bulk Vessel La Loirais Sold

Ocean Yield s Dry Bulk Vessel La Loirais Sold Maritime Activity Reports, Inc. Image by - . rainville/MarineTraffic French shipping firm Louis Dreyfus Armateurs has sold the La Loirais bulk-carrier to an unnamed third party. The news of the sale was shared by Ocean Yield. Vessel owner Ocean Yield and Louis Dreyfus Armateurs in 2018 entered a long term charter for the handysize dry bulk vessel that should ve kept the vessel busy until March 2030. Louis Dreyfus Armateurs has declared an option to sell La Loirais to an unrelated third party and the transaction was completed today, Ocean Yield said it would receive proceeds of USD 16.2 million and record a small book profit from the sale.

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