Infocus International Relaunches the Highly Recommended Offshore Wind Online Training ACN Newswire

Infocus International Relaunches the Highly Recommended Offshore Wind Online Training

Singapore, Feb 6, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced the new date for Offshore Wind training and it will be commencing live on the 7th of March 2023. A comprehensive online course to one of renewable energy's fastest-growing sectors.A business-focused training designed to provide business developers and investors with an accessible, concise, and comprehensive understanding of the processes and risks involved in creating these capital-intensive and lengthy projects.This course leads attendees through the processes, technologies and financial return and risk considerations for those involved in offshore wind project development. Explanations are provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean energy solutions, are introduced and placed into context.This online course provides the perfect learning opportunity for those who need a valuable, up-to-the-minute and independent introduction to the fast-growing offshore wind sectorPast attendee from SN Power commented, "Overall this was a very informative masterclass that gave participants an overview of the offshore wind development cycle. The additional material shared by the trainer during and after the session was a nice bonus."Course Sessions1. Developing offshore wind projects2. Constructing offshore wind projects3. Operating & innovating with offshore windAmong the key points to be addressed- Essential offshore wind farm development processes- How are offshore wind projects constructed?- Key delivery risks at various stages in a project?s life- Challenges to consider in operating an offshore wind farm- Key drivers of financing and financial risk & return in offshore wind projects- Essential policy, technology and market trends to consider in forward planning - Status of floating wind, and how it will impact the industry- Other disruptive technology and energy integration trends- Which markets and geographies offer the greatest growth potential?Want to learn more?Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/offshore-wind .About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Mitsubishi Corporation awarded Hollandse Kust West Site VI Offshore Wind in the Netherlands JCN Newswire

Mitsubishi Corporation awarded Hollandse Kust West Site VI Offshore Wind in the Netherlands

TOKYO, Dec 16, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) is pleased to announce that MC, through its 80% subsidiary N.V. Eneco (Eneco), and Shell plc have been successful in the tender for the Hollandse Kust West Site VI offshore wind farm (HKW, 760MW capacity) located approximately 50 km off the northwest coast of the Netherlands. This will be Eneco's fifth offshore wind projects in the Netherlands, bringing the gross capacity of offshore wind 2,500MW.HKW is scheduled to start its commercial operation in 2026 and will supply renewable energy which is enough to decarbonise about 3% of the current Dutch electricity demand. While offshore wind power generation will play a central role in the future expansion of renewable energy, it is essential to promote it in harmony with the environment, including marine ecosystems. This project will implement various measures to minimize environmental impact, and is expected to contribute to the continuous expansion of offshore wind power generation.Through its commitment to simultaneously generate economic, societal and environmental value, MC is striving to achieve sustainable growth hand in hand with society. MC has been doing more in recent years to create new carbon-neutral industries that will be powered by renewable energies. These efforts are part of our work to revitalize communities through businesses that promote both digital (DX) and energy (EX) transformations, which is a key objective of our latest management plan, "Midterm Corporate Strategy 2024: Creating MC Shared Value." Through Eneco, we will contribute to the stable supply of renewable energies and decarbonization.Mitsubishi CorporationHeadquarters: 2-3-1 Marunouchi, Chiyoda-ku, TokyoMain Operations: MC engages in a wide range of businesses spanning multiple industries and overseen by its Industry DX Group and 10 Business Groups: Natural Gas, Industrial Materials, Petroleum & Chemicals, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution, and Urban Development.Representative: President & CEO Katsuya Nakanishi EnecoHeadquarters: Rotterdam, the NetherlandsMain Operations: vertically integrated portfolio of renewable generation, trading and supplyRepresentative: Mr. As Tempelman(CEO) Materiality Based on the Three Corporate Principles, which serve as MC's core philosophy, MC has continued to grow together with society by contributing to the sustainable development of society through its business activities while pursuing value creation. MC"s revised "Materiality" was announced in Midterm Corporate Strategy 2024 as a set of crucial societal issues that MC will prioritize through its business activities, towards the strategy"s goal of continuous creation of MC Shared Value (MCSV). Guided by this Materiality, MC will continue to strengthen its efforts towards sustainable corporate growth. Out of the six material issues relating to "Realizing a Carbon Neutral Society and Striving to Enrich Society Both Materially and Spiritually", this project's activities particularly support "Contributing to Decarbonized Societies" "Conserving and Effectively Utilizing Natural Capital" "Promoting Stable, Sustainable Societies and Lifestyles" and "Utilizing Innovation to Address Societal Needs".Inquiry RecipientMitsubishi CorporationTelephone:+81-3-3210-2171Facsimile:+81-3-5252-7705 Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Wintermar Offshore (WINS:JK) Fully Repays USD 45 Million Loan to IFC ACN Newswire

Wintermar Offshore (WINS:JK) Fully Repays USD 45 Million Loan to IFC

JAKARTA, Dec 6, 2022 - (ACN Newswire via SEAPRWire.com) - On 5th December 2022, Wintermar Group (WINS) fully repaid the US$45 million loan facility by IFC signed in December 2011. The IFC loan enabled Wintermar to transform the fleet into higher valued vessels through the purchase of 8 OSVs. Although the loan maturity had been extended to 2025, through better cash management the Company has been able to fully repay the loan early on December 2022.Sugiman Layanto, Managing Director of WINS said, "Wintermar values IFC as a partner that has played an important role in the growth of Wintermar. Our relationship with IFC facilitated the Company's growth to become a recognised international shipowner and operator in the Offshore industry. With IFC's support, Wintermar has continued to develop and reaffirm its best practices in Environmental, Social as well as Corporate Governance standards. We are thankful that we have been able to complete this early repayment of the loan ahead of the repayment schedule. We look forward to continuing our relationship."Azam Khan, IFC Country Manager for Indonesia and Timor-Leste said, "We are very pleased with IFC's long term partnership with Wintermar. It demonstrates IFC's commitment and continuous support to local clients even during challenging times. We look forward to continuing this relationship and supporting the company's new initiatives such as offshore wind and other renewable energy endeavors."Wintermar has in recent months embarked on a fleet expansion program, with total acquisition of 2 PSVs in 2021 and 1 PSV and 5 AHTS in 2022 through internally generated cash and term loans of US$14 million. Net gearing after this repayment is still low at 8.9%, providing room for further growth in the coming years.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.For further information, please contact:Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkTel (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Fast Offshore Supply Pte Ltd, Singapore signs a Memorandum of Understanding to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA ACN Newswire

Fast Offshore Supply Pte Ltd, Singapore signs a Memorandum of Understanding to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA

SINGAPORE, Dec 6, 2022 - (ACN Newswire via SEAPRWire.com) - Fast Offshore Supply Pte Ltd , Asia's largest offshore crew boat operator, has signed an MOU to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA for the FOS Fleet as part of FOS "Green Initiative and Sustainability Program" to cut vessel carbon emission. The ESS system will be a containerised version where it will have a "Plug and Play" connection to connect with the vessel's Electrical System. Terasaki Electric Co. will be providing the in-depth know-how to upgrade the existing vessel MSB and PMS for the vessel electrical system while SHIFT will provide their latest State-of-the-Art Marine Approved Batteries and operational software (OnWatch) for the FOS's ESS system. RINA will be reviewing the ESS systems and will provide the "Approval-in-principle"."FOS's "Go Green Attitude" is absolutely amazing! The way they talk about decarbonisation and how to help the environment really thrilled us. With this project, and many to follow, we are determined to show our commitment to working towards a better, healthier, and sustainable environment. We are happy to work once again side by side with Shift Clean Energy and RINA to support FOSs "Green Initiative and Sustainability Program". Together, let us contribute to cleaner seas." - Mr Ryo Katsuki of Terasaki Electric Co. (F.E) Pte Ltd, https://www.terasaki.com.sg/"We are thrilled to work with Terasaki, RINA and Fast Offshore Supply to electrify these advanced crew transfer vessels. It is a privilege to join forces with forward-thinking organizations and we know that this is only the beginning of an impactful and exciting project and wider mission to decarbonize the marine industry as a whole." - Mr Brent Perry, CEO and founder of Shift Clean Solution."The shipping industry faces unprecedented challenges as environmental regulations tighten. RINA is honoured to work with like-minded partners, FOS, Terasaki and Shift Clean Solution in providing a solution to comply with the regulations and contribute to reduction of carbon emission in shipping We are excited to be part of the MOU to create a sustainable future for the benefit of all maritime stakeholders and the environment." - Mr Simone Manca, Regional Senior Director, Asia, of RINA.About Fast Offshore Supply Pte LtdFast Offshore Supply (FOS) is a Singapore-based company that designs and manufactures, as well as owns and operates one of Asia's most advanced fleets of Fast Multi-purpose Supply Vessels (FMSV). Fast Offshore Supply provides the marine industry with fast, efficient and comfortable transportation of passengers (both seated and in-cabin) with its 'Master of the Sea' vessels in Fast Cargo Transfer, Fast Passenger Transfer, Towing, Emergency Rescue and Response, Fire Fighting, and Oil Pollution Control. Jointly designed by Naval Architects from Norway and Singapore, FOS vessels support both exploration and production activities in the oil field for clients such as Exxon Mobil, Shell, Chevron, CNOOC, Premier, Stat Oil, ENI, Conoco Philips, Lundin and more. Fast Offshore vessels have operated throughout Malaysia, Indonesia, Thailand, Brunei, Philippines, Myanmar, UAE, Nigeria, and Australia. www.fastoffshore.com.sg / marketing@fastoffshore.com.sgAbout Terasaki Electric Co.Terasaki Electric is one of the leading international electrical switchboards and control systems manufacturer in Asia. Terasaki design and manufacture power distribution control systems for factories, railways station and all kind of vessels. Terasaki's business and technology spans five core fields: marine systems, industrial systems, circuit breakers, engineering, elector-fitting and servicing. Terasaki Electric also support all kind of GREEN project as system integrator role. Terasaki emphasize on the after sales service, therefore, Terasaki group also got a well establish global services network all around the world.About Shift Clean EnergyShift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard-to-abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwap subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Shift now has offices in the US, UK, and the Netherlands, with a new office under construction in Singapore. Join us on our mission to zero emissions.About RINARINA provides classification and technical services to the maritime industry and consists of the parent company RINA S.p.A., the holding which controls the main sub-holdings RINA Services S.p.A. and RINA Consulting S.p.A. In order to ensure compliance with the applicable recognition, authorization, notification and accreditation rules, including those relevant to the management of impartiality, RINA has adopted a governance and organizational model. According to this model, the sub-holdings are subject to direction and co-ordination by the holding in the finance, administration, strategic, organizational, managerial and business continuity fields, while technical and operational decisions remain under the exclusive responsibility of the sub-holdings and their controlled companies. The strict separation of duties in the governing bodies and the impartiality risk assessment, which identifies and manages the impartiality and conflict of interest threats coming from the company relations, ensure compliance with the applicable impartiality rules. www.rina.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Wintermar Offshore (WINS:JK) Acquires 2 Additional AHTS and Celebrates the 12th Anniversary of Listing on IDX ACN Newswire

Wintermar Offshore (WINS:JK) Acquires 2 Additional AHTS and Celebrates the 12th Anniversary of Listing on IDX

JAKARTA, Nov 30, 2022 - (ACN Newswire via SEAPRWire.com) - PT Wintermar Offshore Marine Tbk (WINS:JK), has acquired 2 units of 7000BHP Anchor Handling Tug Supply (AHTS), to be named SMS Sonnet and SMS Stanza. The two AHTS will be delivered by December 2022, are ABS classed and have DP1 and FiFi1 capability, and expected to be utilized from 1Q2023.Including these two vessels, Wintermar has added 8 vessels to the fleet for the year 2022, comprising 1 unit Platform Supply Vessel (PSV), 2 units 5000BHP AHTS, 1 unit 6000BHP AHTS and this latest addition of two units of 7000BHP AHTS, for a total capex of US$ 12 million.With this latest purchase, Wintermar's fleet will be increased the fleet to 41 Vessels by end December 2022. The Company is positioning for strong growth in the current environment of higher global OSV demand and is optimistic that charter rates will continue to rise in 2023.Wintermar's 12th IPO anniversaryToday also marks the Company's 12th IPO anniversary, as Wintermar's shares were first listed on the IDX on November 29, 2010. Upon listing, the Company's fleet comprised 59 vessels of which 40 were low tier comprising of small tugs and barges, landing crafts and crew boats, while only 2 units were high tier vessels comprising Platform Supply Vessels (PSVs).In the following years since IPO, Wintermar has grown and transformed into an international operator of Offshore Supply Vessels with high quality DP2 vessels and a strong international client base. Of the 41 vessels in the fleet by end 2022, only 1 unit is in the low tier vessel category and 11 units are high tier vessels.As at the end of October 2022, the total remaining contracts on hand amount to US$69.4 million.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.For further information, please contact:Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkTel (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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MC and InfraRed Named Preferred Bidders for UK Offshore Transmission Asset JCN Newswire

MC and InfraRed Named Preferred Bidders for UK Offshore Transmission Asset

TOKYO, Sep 9, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) is pleased to announce that MC and InfraRed Capital Partners (InfraRed) have been selected as the preferred bidders for a new offshore electricity transmission link in the UK. MC's partnership with InfraRed comes via its UK-based, wholly owned subsidiary Diamond Transmission Corporation Limited (DTC). The acquisition of this link will make DTC the operator of ten offshore transmission assets in the UK with a combined total of 784 kms of cable, thus adding to its already largest share of the market. Valued at approximately 190 billion yen, the assets in question comprise subsea cables, land cables, offshore substations and an onshore substation that connect with the 1,386 MW capacity Hornsea Two offshore wind farm situated approximately 90 km off the UK's northeast coast. MC and InfraRed will operate this electricity transmission business for a 24-year period, following successful acquisition of the assets and the granting of an Offshore Transmission Owner license by the UK's Office of Gas and Electricity Markets (Ofgem). To operate the business efficiently, DTC will leverage its experience running its existing transmission assets in the UK. Through its commitment to simultaneously generate economic, societal and environmental value, MC is striving to meet the ever evolving needs of communities around the world and achieve sustainable growth hand in hand with society. In Europe, we are rapidly expanding our undersea transmission operations to help promote the development and use of offshore wind power, for which these kinds of infrastructure and systems are essential. The growth of these businesses will also play a part in lowering greenhouse gas emissions. MC has been doing more in recent years to create new carbon-neutral industries that will be powered by renewable energies. These efforts are part of our work to revitalize regions across Japan through businesses that promote both digital (DX) and energy (EX) transformations, which is a key objective of our latest management plan, "Midterm Corporate Strategy 2024: Creating MC Shared Value." Knowing how these overseas transmission operations can enhance the offshore wind farm and other renewable energy projects that MC is both developing and operating here in Japan, we intend to take full advantage of the know-how gained from them. MC remains dedicated to helping Japan and countries around the world secure stable supplies of renewable energy. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy wins order to connect one of the world’s largest offshore wind farms to the UK power grid JCN Newswire

Hitachi Energy wins order to connect one of the world’s largest offshore wind farms to the UK power grid

ZURICH, SWITZERLAND, Jul 15, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, the global technology and market leader in power grids, today announced it has won a major order from Ørsted, the world-leading renewable energy company, to provide two high-voltage direct current (HVDC) systems to transmit green electricity from the Hornsea 3 wind farm, located more than 120 km off the UK east coast.The Hornsea Two offshore windfarmThe wind farm will have the capacity to generate up to 2.85 gigawatts of renewable electricity, enough to power more than three million UK homes. With more than 200 wind turbines installed across almost 700 square kilometers(1), this will be the single largest offshore wind farm in the world. This project is a significant step towards the British Energy Security Strategy ambition of sourcing up to 50 gigawatts of offshore wind capacity by 2030.(2)Hitachi Energy has supported Ørsted with the grid connection of Hornsea 1(3) and Hornsea 2(4), but Hornsea 3 will be the first phase to use HVDC application in the Hornsea cluster.The overall HVDC system, including the offshore platform, is delivered in partnership with Aibel*5. Hitachi Energy will supply two HVDC Light converter systems, while Aibel will deliver two HVDC offshore converter platforms. The platform is based on Hitachi Energy's modular HVDC system including its advanced control and protection system, MACH. As the HVDC offshore market grows and becomes more complex, Hitachi Energy will continue to develop solutions with its customers and partners to enable a more flexible offshore grid of the future."Offshore wind is a critical part of the clean energy transition and our HVDC technology is vital for effective transmission to the mainland power grid," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. "To address the rapidly growing offshore market, partnerships and collaboration are key to deliver at the speed and scale required to reach our decarbonization and energy security goals.""The Ørsted vision is a world that runs entirely on green energy and the Hornsea projects are a significant step towards this goal in the UK," said Patrick Harnett, Vice President Programme UK at Ørsted. "Together with Hitachi Energy, we are demonstrating that renewables like offshore wind are a huge part of the world's sustainability journey. Hornsea 3 will not just provide low cost, clean energy for millions of homes in the UK, it will also deliver thousands of high quality jobs and billions of pounds of investment in the offshore wind supply chain in the UK and beyond."Hitachi Energy is supplying four HVDC converter stations, which convert AC power to DC for transmission in the subsea cables, then reconvert it to AC for integration into the onshore grid. Two of the converter stations will be installed on offshore platforms and two at mainland grid connections.(1) About Hornsea 3(2) British Energy Security Strategy (BESS) - offshore wind(3) Hornsea One Press Release(4) Hornsea Two Press Release(5) Aibel partnership Press ReleaseFor more information, visit www.hitachi.com/New/cnews/month/2022/07/220715.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Wintermar Offshore (WINS:JK) Unveils Growth Strategy ACN Newswire

Wintermar Offshore (WINS:JK) Unveils Growth Strategy

JAKARTA, Jun 24, 2022 - (ACN Newswire via SEAPRWire.com) - Wintermar Offshore Marine (WINS:JK) has invested US$12 million to acquire 3 Platform Supply Vessels and 3 Anchor Handling Tug Supply Vessels since November 2021, to gear up for new drilling cycle.In the Public Expose on 24 June 2022, PT Wintermar Offshore Marine Tbk unveiled their growth strategy to position the Company for an anticipated upturn in drilling. As the global rig count has risen steadily over the past few months, Offshore Supply Vessel (OSV) utilization has improved globally and charter rates have started to pick up.To raise the yield of the fleet, the Company has improved the fleet composition through the sale and reinvestment of certain vessels. 95% of the fleet is now concentrated into higher value vessels. Wintermar now has seven Platform Supply Vessels, three of which are undergoing docking for reactivation and should be ready for operations by 2H2022. This is timed in anticipation of a stronger 2023 as there has been an increase in project approvals for offshore drilling and corresponding rise in demand for OSVs.Finance Director Janto Lili reported that the Company has succeeded in controlling costs while continuing to repay debt. The Company turned around in 2021 with a net profit after tax of US$0.2 million following several years of net losses. Net gearing was reduced to 14.7% by end of March 2022.Managing Director, Sugiman Layanto reiterated an optimistic view for the coming years, with OSV charter rates projected to rise. This is due to the demand for OSVs rising in line with the jump in offshore drilling projects, while the supply of operationally ready OSVs is still limited due to the industry downturn over the past years.In the longer term investments in renewable energy are expected to grow while investments in oil and gas are still projected to be stable to meet the energy needs of the world. As an OSV operator, Wintermar will benefit from higher demand for vessels initially from oil and gas industry but in the coming years additional upside in demand is expected from the offshore wind industry.For the future, Wintermar will focus on higher value vessels to improve fleet yields and continue to improve cost efficiency.As at end of May 2022, the Company's Contracts on hand amounted to US$64 million.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.For further information, please contact:Ms. Pek Swan Layanto, CFA Investor RelationsPT Wintermar Offshore Marine TbkTel: (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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