Displaying items by tag: ORE

8th May 2024

Doyle Shipping Group Pulls Out of Plans to Develop Offshore Wind Energy Hub in Cork Harbour

Plans to develop an offshore wind energy hub in Cork Harbour have been shelved as Doyle Shipping Group has pulled out of the scheme.

As reported on Afloat.ie just three months ago, the 15-hectare Cork Dockyard facility at Rushbrooke had been earmarked for redevelopment as an infrastructure hub for offshore renewable energy (ORE) projects.

But according to the Irish Examiner on Wednesday (8 May), the family-owned Doyle Shipping Group has withdrawn from any involvement in ORE.

And the Business Post says the Port of Cork has now been left with a €70 million funding gap for its development plans.

Planning permission for what would have been the Cork Dockyard Rejuvenation Project expires at the end of this year, piling further pressure on the Port of Cork Company as it seeks a commercial partner for the necessary investment.

The Irish Examiner has more on the story HERE.

Published in Cork Harbour

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Enterprise Ireland Hosting Third Offshore Wind Forum Next Week

Enterprise Ireland will host the third Enterprise Ireland Offshore Wind Forum in Croke Park next Tuesday (28 November), featuring an address from Simon Coveney TD, Minister for Enterprise, Trade and Employment.

This one-day knowledge and networking event will convene the Irish offshore wind supply chain with industry stakeholders from across the Irish, UK and global offshore wind markets.

The forum will include updates on both the Irish and UK offshore wind markets, with key contributions from project developers and industry experts.

It will assess the timelines, opportunities and challenges facing the offshore wind industry and will examine how the supply chain can help facilitate continued growth.

While the main focus is on Ireland and the UK, attendees will also receive updates from European markets, including France, Germany and Italy.

Attendees will also hear from EirGrid on their supply chain support needs, and the forum will take a look at the Irish technology and innovation that is working to advance floating offshore wind.

See the full forum agenda and register to attend via the Enterprise Ireland website.

Published in Power From the Sea

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About Marine Technology

Marine technology, as defined by the European association WEGEMT, refers to the use of technology for ensuring the safe use, exploitation, protection of, and intervention in, the marine environment. This includes a wide range of technologies that support naval architecture, marine engineering, ship design, ship building, and ship operations.

In addition to these foundational technologies, marine technology also encompasses oil and gas exploration, exploitation, and production, hydrodynamics, navigation, sea surface and sub-surface support, underwater technology and engineering, marine resources (including both renewable and non-renewable marine resources), transport logistics and economics, inland, coastal, short sea and deep sea shipping, protection of the marine environment, and leisure and safety.

The importance of marine technology cannot be overstated. With over 70% of the earth's surface covered by water, the marine environment plays a critical role in our lives. From transportation to energy production, marine technology enables us to harness the immense potential of the oceans while minimizing the impact on the environment.

Moreover, the development of marine technology is crucial for the sustainable use of marine resources. As the demand for seafood and other marine products continues to grow, the sustainable management of these resources becomes increasingly important. Marine technology can help us to achieve this by providing innovative solutions for sustainable fishing, aquaculture, and other forms of marine resource management.

In Ireland, claims are made that the island country "has the potential to be the “Silicon Valley” of the aquatech world". Ireland is at a very exciting stage when it comes to aquatech. There are currently 62 aquatech companies operating here, all using technology to enable sustainable seafood farming at a time when the sector is facing many challenges.”

Ireland’s growing expertise in the developing aquatech sector means it has the potential to become a global leader in the field, with Irish aquatech companies turning over €200m last year.

Over €15m has been invested in aquatic businesses, and over 200 high-tech jobs have been created in the sector over the last six years.

In conclusion, marine technology is a vast and rapidly evolving field encompassing a broad range of technologies and applications. As we continue to explore and exploit the potential of the oceans, marine technology will play an increasingly important role in ensuring the safe and sustainable use of these resources.