Vessel charter rate estimation for offshore wind O&M activities

Yalcin Dalgic; Iraklis Lazakis; Osman Turan

doi:10.1201/b15813-113

Vessel charter rate estimation for offshore wind O&M activities

Yalcin Dalgic
, Iraklis Lazakis
, Osman Turan

Naval Architecture, Ocean And Marine Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution book

7 Citations (Scopus)

6659 Downloads (Pure)

Abstract

Estimating the cost of vessels is an important factor for the operation & maintenance (O&M) costs of offshore wind farms. Accurate cost estimation is required during operation of the wind farm. This paper presents the development of the O&M charter rate modelling for offshore wind turbine jack-up vessels under different op-erational strategies. The main objectives of this modelling are to explore the differentiation of charter rates as-sociated with the charter periods and with the capabilities of different vessels; as well as to allow offshore wind farm operators to plan their maintenance strategies through considering the share of vessels’ costs in the overall maintenance costs. In this respect, various jack-up vessels in the offshore wind industry are investigat-ed and the most effective charter periods are identified. The seasonal effects on the charter rates are also con-sidered to provide critical insight into the selection of the optimum charter rate scenario.

Original language	English
Title of host publication	Developments in Maritime Transportation and Exploitation of Sea Resources
Subtitle of host publication	IMAM 2013
Editors	C Guedes Soares, F López Peña
Place of Publication	Boca Raton
Pages	899–907
Number of pages	9
DOIs	https://doi.org/10.1201/b15813-113
Publication status	Published - Apr 2013
Event	International Maritime Association of Mediterranean IMAM 2013 - Fundación Barrié , A Coruna, Spain Duration: 14 Oct 2013 → 17 Oct 2013 http://www.imamhomepage.org/imam2013/

Conference

Conference	International Maritime Association of Mediterranean IMAM 2013
Country/Territory	Spain
City	A Coruna
Period	14/10/13 → 17/10/13
Internet address	http://www.imamhomepage.org/imam2013/

Keywords

vessel charter
rate estimation
offshore wind
O&M activities

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10.1201/b15813-113

Vessel_charter_rate_estimation_for_offshore_wind_O_M_activitiesSubmitted manuscript, 411 KB

Cite this

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title = "Vessel charter rate estimation for offshore wind O\&M activities",

abstract = "Estimating the cost of vessels is an important factor for the operation \& maintenance (O\&M) costs of offshore wind farms. Accurate cost estimation is required during operation of the wind farm. This paper presents the development of the O\&M charter rate modelling for offshore wind turbine jack-up vessels under different op-erational strategies. The main objectives of this modelling are to explore the differentiation of charter rates as-sociated with the charter periods and with the capabilities of different vessels; as well as to allow offshore wind farm operators to plan their maintenance strategies through considering the share of vessels{\textquoteright} costs in the overall maintenance costs. In this respect, various jack-up vessels in the offshore wind industry are investigat-ed and the most effective charter periods are identified. The seasonal effects on the charter rates are also con-sidered to provide critical insight into the selection of the optimum charter rate scenario.",

keywords = "vessel charter, rate estimation, offshore wind, O\&M activities",

author = "Yalcin Dalgic and Iraklis Lazakis and Osman Turan",

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booktitle = "Developments in Maritime Transportation and Exploitation of Sea Resources",

note = "International Maritime Association of Mediterranean IMAM 2013 ; Conference date: 14-10-2013 Through 17-10-2013",

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Dalgic, Y, Lazakis, I & Turan, O 2013, Vessel charter rate estimation for offshore wind O&M activities. in C Guedes Soares & F López Peña (eds), Developments in Maritime Transportation and Exploitation of Sea Resources: IMAM 2013. Boca Raton, pp. 899–907, International Maritime Association of Mediterranean IMAM 2013, A Coruna, Spain, 14/10/13. https://doi.org/10.1201/b15813-113

TY - GEN

T1 - Vessel charter rate estimation for offshore wind O&M activities

AU - Dalgic, Yalcin

AU - Lazakis, Iraklis

AU - Turan, Osman

PY - 2013/4

Y1 - 2013/4

N2 - Estimating the cost of vessels is an important factor for the operation & maintenance (O&M) costs of offshore wind farms. Accurate cost estimation is required during operation of the wind farm. This paper presents the development of the O&M charter rate modelling for offshore wind turbine jack-up vessels under different op-erational strategies. The main objectives of this modelling are to explore the differentiation of charter rates as-sociated with the charter periods and with the capabilities of different vessels; as well as to allow offshore wind farm operators to plan their maintenance strategies through considering the share of vessels’ costs in the overall maintenance costs. In this respect, various jack-up vessels in the offshore wind industry are investigat-ed and the most effective charter periods are identified. The seasonal effects on the charter rates are also con-sidered to provide critical insight into the selection of the optimum charter rate scenario.

AB - Estimating the cost of vessels is an important factor for the operation & maintenance (O&M) costs of offshore wind farms. Accurate cost estimation is required during operation of the wind farm. This paper presents the development of the O&M charter rate modelling for offshore wind turbine jack-up vessels under different op-erational strategies. The main objectives of this modelling are to explore the differentiation of charter rates as-sociated with the charter periods and with the capabilities of different vessels; as well as to allow offshore wind farm operators to plan their maintenance strategies through considering the share of vessels’ costs in the overall maintenance costs. In this respect, various jack-up vessels in the offshore wind industry are investigat-ed and the most effective charter periods are identified. The seasonal effects on the charter rates are also con-sidered to provide critical insight into the selection of the optimum charter rate scenario.

KW - vessel charter

KW - rate estimation

KW - offshore wind

KW - O&M activities

UR - http://www.imamhomepage.org/imam2013/programme.aspx

UR - http://www.imamhomepage.org/imam2013/

U2 - 10.1201/b15813-113

DO - 10.1201/b15813-113

M3 - Conference contribution book

SN - 9781138001244

SP - 899

EP - 907

BT - Developments in Maritime Transportation and Exploitation of Sea Resources

A2 - Guedes Soares, C

A2 - López Peña, F

CY - Boca Raton

T2 - International Maritime Association of Mediterranean IMAM 2013

Y2 - 14 October 2013 through 17 October 2013

ER -

Vessel charter rate estimation for offshore wind O&M activities

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Keywords

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