Page 7: of Maritime Reporter Magazine (February 2022)

Quotable “Even if you’re not going to put hydrogen on ships, hydrogen may be involved in producing that synthetic fuel. We have a number of projects underway that are tackling the question of hydrogen, including a project we’re starting now looking at pathways towards gigaton scale, low carbon hydrogen production.”

Randall Field, Executive Director,

MITEI Future Energy Systems Center 12 “Te X-Class is special because it will be more capable, for example the X-Class can load more than 70% more cargo.

Te cranes are much bigger, the overturning moment, which is really the number that we’re looking at from an operational point of view, is signifcantly larger.”

Mikkel Gleerup, CEO, Cadeler 22 “More vessels are needed, and while creative fnancing may come around to help close the gap on challenges in vessel fnancing, the problem on larger vessels, on a simplifed level, is that matching the certainty of revenue with the payback period to recover those initial investments is still a challenge.”

Greg Lennon, Vice President, 28

Global Ofshore Wind, ABS www.marinelink.com 7