Page 28: of Marine News Magazine (October 2022)

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Offshore Wind maritime subsidiary of the Libra Group, companies tied to with Gladding Hearn / Duclos to build a hybrid battery the Logothetis family, a Greek shipping dynasty) has laid diesel electric CTV.

the keel on a CTV (based on an Incat Crowther catamaran As noted, ? nance for offshore wind differs from con- design) that will be operated by Windea, where passenger ventional shipping (where the mega-assets often see longer ship operator Hornblower has partnered with MidOcean term charters). There are other contrasts as well; vessel pro-

Wind (whose principals have experience in LNG barging pulsion almost always has a “clean” component (contrasted and other innovative Jones Act projects). with heavy fuel consumption by scrubber-? tted vessels).

The Gladding Hearn / Duclos yard, in southern Massa- Another difference from other maritime trades is the na- chusetts has signed a deal with newcomer Patriot Offshore ture of power purchases tied to individual states; this fre-

Marine Service, to build a CTV (also with Incat Crowther quently comes with “local content” provisions, which give specs) which will serve Vineyard Wind. Waiting in the rise to regional ports, in contrast to the major hubs seen in wings is May? ower Wind, another project in Atlantic wa- commercial shipping.

ters (south of Martha’s Vineyard and Nantucket), being New leasing areas are also on the horizon. BOEM is so- developed by Shell Renewables in conjunction with two liciting comments regarding two sites in the Gulf of Mexico

European utilities. The developers, with an of? ce in Fall (one to the southeast of Galveston, and the other south of

River, are still working out details of a deal with Massachu- Lake Charles). In California, where deeper waters will re- setts. If everything falls into place, they are set to contract quire ? oating turbines, the agency is moving toward a lease

Great Lakes Dredge & Dock 28 | MN October 2022

Marine News

Marine News is the premier magazine of the North American Inland, coastal and Offshore workboat markets.