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Editorial

MARITIME

REPORTER

AND

ENGINEERING NEWS

M A R I N E L I N K . C O M

HQ 118 E. 25th St., 2nd Floor

New York, NY 10010 USA

T +1 212 477 6700

CEO John C. O’Malley [email protected]

President and Chief Operating Of? cer

Publisher & Editorial Director @ShipNews

Greg Trauthwein [email protected]

Offshore Energy Editor

As 2022 winds down, the maritime sector beat emission targets through 2050, but it is

Bartolomej Tomic [email protected] [and for that matter, nearly every industry a step change moving in that direction, and everywhere] faces some diverse and fairly Baack offers some salient pieces of advice

Production Manager stiff headwinds, led by in? ation growing for those mulling alternative fuels.

Irina Vasilets [email protected] globally, continued geopolitical con? ict A niche yet interesting market to watch

Production & Graphic Design courtesy of Russia’s war in the Ukraine, is the advance of ? oating power plants,

Nicole Ventimiglia and increasing levels of energy security our cover story as reported by William [email protected] concerns, particularly in Europe and large Stoichevski from Oslo. Floating power

Corporate Staff

Manager, Marketing swaths of the developing world. plants are certainly not a new thing – and

Mark O’Malley

But while there are multiple warning signs not included in this feature but previously momalley@marinelink and road blocks, I contend there are even published in our pages was a feature on

Accounting

Esther Rothenberger more opportunities. Having served in this the advent of ? oating nuclear power plants [email protected] 212-477-6700 ext 6810 post now for more than three decades, I’ve – but today’s modern plants and plan tie seen more than my fair share of global eco- the full raft of current issues, from energy

Manager, Information Technology Services

Vladimir Bibik [email protected] nomic tumult, from a brief recession starting security to powering developing countries to

Circulation at the end of 1992; to the Asian ? nancial renewable energy and green fuels. William’s

Kathleen Hickey [email protected] crisis in the late 1990s; to the bursting of report starts on page 34. 212-477-6700 ext 6320 the dot.com bubble in the early 2000’s; the Last, but not least, offshore energy in all

Sales

Vice President, Sales housing collapse and global economic crisis of its forms, led by traditional oil & gas and

Terry Breese of 2007/08; to the recent COVID pandemic. offshore wind. I stopped trying to guess [email protected]; +1 561-732-1185

The list is long and distinguished, but each the length and breadth of offshore energy

Lucia Annunziata [email protected]; time the sun still rises, the world keeps spin- booms and busts many moons ago, but +1 212-477-6700 ext 6240 ning and business keeps churning, admit- a recent interview I had for our Offshore

John Cagni tedly at a different pace. Engineer with Carl Trowell, CEO, Acteon [email protected]; +1 631-472-2715

Tightening emission regulation is here to Group – who is bullish on both oil & gas

Frank Covella [email protected]; +1 561-732-1659 stay, which subsequently is starting to drive and wind – was telling: investment in new tonnage that comes with “There’s going to be more infrastructure

Mike Kozlowski [email protected]; +1 561-733-2477 re? ned existing and emerging technologies going into the sea in the next decade

Gary Lewis that aim to cut air and water emissions. At from offshore wind than went in through- [email protected]; +1 516-441-7258 the SMM exhibition in Hamburg earlier out the whole lifetime of oil and gas. If

International Sales this autumn, we had the chance to sit with you just look at the number of units, the

Scandinavia & Germany

Roland Persson

Constantin Baack, CEO, MPC Container number of installations, when you start

Orn Marketing AB, Box 184 , S-271 24

Ships, who discussed his company’s recent moving to ? oating wind, it’s going to be

Ystad, Sweden [email protected]; +46 411-184 00 investment in a pair methanol-powered off the scale of the number of moorings.

Germany, Austria & Switzerland 1,300-TEU containership newbuilds ordered We’re at the beginning of what will be a

Tony Stein [email protected] in July 2022 for delivery in 2024. Methanol mega cycle of investment.” +44 1892 512777 is certainly not the ? nal solution to meet and To read the full story, scan the QR code.

Founder:

John J. O’Malley [1905 - 1980]

Charles P. O’Malley [1928 - 2000]

John E. O’Malley [1930 - 2019]

Gregory R. Trauthwein

Publisher & Editor [email protected] 6 Maritime Reporter & Engineering News • November 2022

MR #11 (1-17).indd 6 11/4/2022 4:40:54 PM

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.