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EDITORIAL<br />

Offshore Energy ...<br />

down, not out ...<br />

GREG TRAUTHWEIN, EDITOR & ASSOCIATE PUBLISHER<br />

<strong>MARITIME</strong><br />

REPORTER<br />

AND<br />

ENGINEERING NEWS<br />

M A R I N E L I N K . C O M<br />

HQ<br />

118 E. 25th St., 2nd Floor<br />

New York, NY 10010 USA<br />

Tel +1 212 477 6700<br />

Fax +1 212 254 6271<br />

www.marinelink.com<br />

FL Office<br />

215 NW 3rd St<br />

Boynton Beach, FL 33435-4009<br />

Tel +1 561 732 4368<br />

Fax +1 561 732 6984<br />

Publishers<br />

John E. O’Malley<br />

John C. O’Malley<br />

jomalley@marinelink.com<br />

Associate Publisher/Editorial Director<br />

Greg Trauthwein trauthwein@marinelink.com<br />

Vice President, Sales<br />

Rob Howard howard@marinelink.com<br />

Web Editor<br />

Eric Haun haun@marinelink.com<br />

Web Contributor<br />

Michelle Howard howard@marinelink.com<br />

Stumbles in the global energy markets have created<br />

a gloomy near-term for several offshore energy<br />

and maritime sectors, but anyone who is a serious<br />

contributor to either realizes the cyclical nature<br />

of the business. While the axiom that the offshore<br />

energy business will undoubtedly rise high again,<br />

this provides little solace to companies that must make painful<br />

and sharp near term financial and personnel decisions, not<br />

to mention the maritime and offshore professionals who are<br />

freshly searching for work. For most companies the rise of the<br />

energy market has nothing to do with “if” and everything to<br />

do with “when.”<br />

This month we attack the energy markets from multiple<br />

angles, starting with our “Eye on Design” on page 14 which<br />

documents the efforts of SSP Offshore to create an innovative<br />

crew boat docking tunnel that runs straight through the center<br />

of a big round floater, helping to save on costly helicopter<br />

crew transport. MARIN in The Netherlands was instrumental<br />

in putting the concept to effective test, using CFD, fast-time<br />

simulation and intensive bridge simulator testing.<br />

Continuing on page 18 is guest columnist Joan Bondareff<br />

from Blank Rome who examines the proliferation of renewable<br />

energy projects. When one says “offshore renewable energy”<br />

initial thoughts immediately turn to offshore wind. But<br />

Bondareff looks at the development of wave and tidal power<br />

projects, looking at the funding and potential for contribution<br />

in the near and long term.<br />

Oslo-based contributor William Stoichevski files a pair of<br />

reports this month, the first examining the exclusive, high<br />

value and infant FLNG market starting on page 36, and the<br />

FPSO market on page 42. The latter is of particular interest<br />

in tough economic times, as it is a “Guide to Life Extension”<br />

of FPSO’s, topical today as it provides the most cost effective<br />

means to continue developing offshore oil fields.<br />

Starting on page 59 we look at an amazing new heavy lift<br />

ship and capability from Dockwise, the Dockwise Vanguard,<br />

a unique vessel which has made the transport of massive offshore<br />

structures and systems efficient and fast.<br />

trauthwein@marinelink.com<br />

Editorial<br />

Joseph Fonseca - India<br />

Claudio Paschoa - Brazil<br />

Peter Pospiech - Germany<br />

Production<br />

Irina Tabakina tabakina@marinelink.com<br />

Nicole Ventimiglia nicole@marinelink.com<br />

Corporate Staff<br />

Mark O’Malley, Public Relations<br />

Esther Rothenberger, Accounting<br />

Information Technology<br />

Vladimir Bibik<br />

Emin Tule<br />

Subscription<br />

Kathleen Hickey k.hickey@marinelink.com<br />

Sales<br />

Lucia Annunziata annunziata@marinelink.com<br />

+1 212 477 6700<br />

Terry Breese breese@marinelink.com<br />

+1 561 732 1185<br />

Frank Covella covella@marinelink.com<br />

+1 561 732 1659<br />

Mitch Engel engel@marinelink.com<br />

+1 561 732 0312<br />

Mike Kozlowski kozlowski@marinelink.com<br />

+1 561 733 2477<br />

Dawn Trauthwein dtrauthwein@marinelink.com<br />

+1 631 472 2715<br />

Jean Vertucci vertucci@marinelink.com<br />

+1 212 477 6700<br />

International Sales<br />

Scandinavia<br />

Roland Persson roland@orn.nu<br />

Orn Marketing AB, Box 184 , S-271 24<br />

Ystad, Sweden<br />

t: +46 411-184 00 f: +46 411 105 31<br />

Western Europe<br />

Uwe Riemeyer riemeyer@intermediapartners.de<br />

t: +49 202 27169 0 f: +49 202 27169 20<br />

United Kingdom<br />

Paul Barrett ieaco@aol.com<br />

Hallmark House, 25 Downham Road, Ramsden<br />

Health, Essex CM11 1PU UK<br />

t: +44 1268 711560 m: +44 7778 357722<br />

f: +44 1268 711567<br />

Japan<br />

Katsuhiro Ishii amskatsu@dream.com<br />

Ace Media Service Inc., 12-6, 4-chome, Nishiike,<br />

Adachi-ku, Tokyo 121, Japan<br />

t: +81 3 5691 3335 f: +81 3 5691 3336<br />

Korea<br />

Jo, Young Sang biscom@biscom.co.kr<br />

Business Communications Inc., Rm 1232,<br />

Gwanghwamoon Officia Bldg., 163,<br />

1-Ga, Shinmoon-Ro, Jongro-Gu,<br />

Seoul, Korea 110-999<br />

t: +82 2 739 7840 f: +82 2 732 3662<br />

Download our App<br />

iPhone & Android<br />

Check out our other websites:<br />

MarineLink.com<br />

MaritimeProfessional.com<br />

MaritimePropulsion.com<br />

MaritimeJobs.com<br />

MarineTechnologyNews.com<br />

MaritimeEquipment.com<br />

MarineElectronics.com<br />

YachtingJournal.com<br />

MaritimeToday.com<br />

Classified Sales t: (212) 477-6700<br />

Founder:<br />

John J. O’Malley 1905 - 1980<br />

Charles P. O’Malley 1928 - 2000<br />

6 Maritime Reporter & Engineering News • SEPTEMBER 2015

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