Alternative Energy / Technology Systems

The Company is running several initiatives to leverage its in-house expertise to develop large scale equipment for the offshore renewables sector that is complementary to existing marine based business. The Company continues to focus on helping reverse the negative impact of fossil fuel emissions through the supply of clean fuels - a strategy to help sustain and grow the supply of clean and “green” (or “blue” marine) energy.

The sectors of the renewables market, which are expected to have the largest near term potential offshore are the wind and wave energy generation sectors. The Company sees opportunities to provide support to the rapidly growing wind sector through the provision of vessels both for transportation, and for the installation and maintenance of wind turbines. Wave energy conversion is very much a nascent industry, with no commercial farms in place at all so far. The Company is working on a prototype wave energy generator based on breakthrough technologies.

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  Liquified Natural Gas

   

   

   

   

  Anticipating the future growth of energy consumption and also the importance of gas as a world energy source, a ‘Gas and Power’…

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  Wind & Wave

  A new, promising development direction is the generation of electricity in an environmentally friendly manner. Offshore waters contain an enormous amount of…

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