Moffatt & Nichol’s combined commercial and port planning expertise contributed to a pivotal planning study for an alternative fuels marine facility.
Highly Innovative Fuels, through its subsidiaries, is developing a project consisting of the construction and operation of a wind farm and a chemical plant to produce eFuels. Moffatt & Nichol was engaged to analyse three potential locations in order to select, based on technical and economic aspects, the best two locations in order to perform further analysis in the next stage of the project.
The Moffatt & Nichol commercial team looked at 12 different cargo types, ranging from eFuels and liquid CO2 to woodchips and cement. Moffatt & Nichol analyzed the respective fleets that would be suitable for the transportation of each cargo.
Specifically, Moffatt & Nichol looked at the average and maximum deployed vessel sizes both globally and in WCSA and ECSA. The corresponding vessel classes and their size characteristics, including capacity, LOA, draught, beam, and design speed, were identified. Global and regional deployment trends by class and country were assessed, as well as the current fleet and orderbook.
Moffatt & Nichol proposed three typical sizes (minimum, maximum and average) to serve each analyzed cargo category. This considered global trends and the orderbook but also focused on regional vessel size activity, as the most representative indicator of the needs and limitations of the targeted market.
