Page 45: of Marine News Magazine (June 2012)

Dredging & Marine Construction

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www.marinelink.com MN45strategically in the best position to take advantage of it. The expectation that offshore wind development will finally come to fruition has Senesco looking to be at the heart of that effort. With a favorable geographical location for wind power growth, Senseco believes that the demand for larger (300 foot plus) ocean deck barges with heavy deck ratingswill only grow. These will be needed to transport heavy structures such as offshore wind energy components and assist in removal of dormant Gulf of Mexico oil production platforms.With a solid track record of building modern and reliable ATBs for the U.S. coastwise markets, Senesco also hopes to ride the coming shortsea shipping boom. In particular, the advent of smaller container feeder vessels could be just around the corner, especially with a larger Panama Canal now promising to bring super TEU carriers. Add to this the need for replacement of last generation OSVs with much larger multi-purpose OSVs, renewed interest in ice class vessels developing and the very probable development of LNG powered ferries, accompanied by conversion of exist- ing vessels to LNG, and the recipe for continued success is arguably at hand.This capable and experienced mid-tier shipyard is look- ing to expand its horizons after (successfully) completing a backlog of internal assignments. New equipment, situated in one of the youngest yards in the country, augmented by experienced personnel is awaiting new challenges from industry. Operators looking for a build and repair yard run from the standpoint of and understanding the needs of the smaller, mid-size, shortsea market operator may have just found a match. Whats not to like? Senesco lists W&O ? one of the worlds largest suppliers ofvalves, pipe, fittings, engineered products, valve automationand data management systems for the marine and offshoreindustries ? as one of its strongest partners.As a major supplier to coastwise and inland vessel builders,owners and operators, W&O remains ahead of the curve in manyways, offering high performance parts and customized service totheir shipyard customers. Because W&O specializes in scalablesolutions to meet any size marine vessel, the W&O relationshipis therefore an important one for Senesco.

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