Page 15: of Maritime Reporter Magazine (January 2020)

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“These are installation vessels and SOVs that require an investment of $100m to $300m (each), an investment that is very hard to make on spec.”

Matt Tremblay

SVP, Global Offshore, ABS optimization and around risk management. A lot of the questions that we’re getting in that area from the wind mar- ket are tied to many of those similar things that we work with all the maritime and offshore industry. Areas such as design optimization opportunities within the drivetrain in the power system, to hull design optimization, to the con- ceptual approval of new technologies as they’re utilized either because they’ve been invented or because they’re being moved from one industry into maritime. For exam- ple, we have crane technologies, we have walk to work gangways, we have different digital tools that are now be- ing installed on board assets that they really haven’t had a lot of experience (on these new technologies) prior to the last 10 years. Class is being relied upon to identify the risks related to those new technologies, to ensure we’re meeting the mission of classi? cation and helping to keep these assets safe, these operators safe, these workers safe, as well as protecting the environment.

As a ship owner interested in the offshore wind market, what should I be doing, today, to prepare?

First it is preparing yourself to know what’s different in operating in this this Outer Continental Shelf (OCS) en- vironment. Second, start having conversations early with regulators, class, the Coast Guard and ? ag to make sure that you have a true understanding of what the regulatory challenges are, and how they may be different. You should start to work out what your own business risk pro? le is in this emerging market, understanding the risks in this in- dustry versus, for example, the OSV or crew boat markets.

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