b'JULY 25 - AUGUST 21, 2022BREAKBULK QUARTERLY 19(PRICEScontinued fromput the Chinese economy on(PIECEScontinued from page 15) better footing and will boostpage 18)between2.4%and12.7%.thehousing,infrastructure,Customsclearanceand That represents quite a largeandvehiclemanufacturingprocedures gap in the growth projection,sectors, all of which will play Barge service anindicationofcontinuedalargeroleinthedomestic Coordination with the barge uncertainty over Chinas leveldemandforsteelandforCraneservicetoloadthe of steel production and iron-oreiron ore. Or maybe not. cargo into the barge demand for 2022, and less thanLogisticsmobilizationof reassuring to traders who maytheengines,transformers, be looking for a comeback in(SLOWDOWNcontinuedcells,CO2roomsfromthe Chinas steel industry.from page 16) depot to the port Developers plan to addBeijinghasembarkedHonour,PacificHumilityCoordinationwiththe onaseriesofstimulusand Pacific Hero, and knowntwowarehouseswherethe 6 gigawatts of US offshoremeasures designed to boost theastheHClassvessels.equipments were storage economy,and,inparticular,Swire Projects expects the fleetMobilizationpartsofthe wind capacity through 2029 manufacturing,inthesecondwill grow to 15 vessels by thecargo to the port halfofthisyear.Butitstooend of 2022.Barge loading Powerplantdeveloperswind lease sales. In February,early to say if they will work,Obviously,SwireProjectsCoordinationwiththe andoperatorshavereportedBOEMsoldsixleasesinespecially in light of possiblebelieves that long-term (at leastwelder service planstoinstallmorethan6theNewYorkBightarea,fresh shutdowns as the COVID- half the earning lifespan of the Coordination with surveyors gigawatts(GW)ofoffshoretotaling488,000acres.19 virus continues to spread. ships)thattheprospectsforWhenfinishedwiththe wind capacity at sites mostlyInMay,BOEMsoldtwoThatswhytheoutlookthe MPP sector, especially inarduouslaborofloading, alongtheU.S.easternleasesintheCarolinaLongforiron-orepricesforthethe larger sizes, is good. AndUPCARGOworkedwitha seaboard over the next sevenBay area in North Carolina,rest of this year rests largelywith a large number of windwelder to ensure the lashing years, according to our latesttotaling 110,091 acres.BOEMonhowsuccessfulChinaisprojects underway around theof the cargo and rented the Preliminary Monthly ElectricproposedplanstoauctionatcontainingCOVID-19.globetosupplementregularserviceofthesurveyorto GeneratorInventoryreport.leasesitesoffthecoastofTheavoidanceoffurtherbusiness, they very well couldhavethecertificationof TheseadditionsincludeCalifornia later this year. virus-relatedshutdownswillbe right. lashing.projectsoffthecoastsof NewJersey,Maryland,and Virginia, as well as on Lake Erie, near Cleveland, Ohio.In 2016, the 30-megawatt (MW)BlockIslandwind farmbeganoperatingoff thecoastofRhodeIsland asthefirstoffshorewind project in the United States. Sincethen,oneadditional project, theCoastal Virginia OffshoreWindProject, begancommercialoperation in 2021. Developers plan to expandthatproject,whichCLOSERcurrentlyhasagenerating capacity of 12 MW, to a total of 1,277 MW by 2027.Thatexpansionand severalotherprojectswould increaseU.S.offshorewind capacity to more than 6 GW. Forcomparison,asofMarch 2022,theUnitedStateshadON THE COLUMBIA RIVER IN WASHINGTON STATEmorethan135GWofnetFASTERsummercapacityofonshore wind,anddevelopersplanto add another 21 GW of onshore wind capacity through 2026. Offshorewindtendsto operateatahighercapacity factorthanonshorewind becauseofstrongerandDIRECT CONNECTIONS TO MAINLINE RAIL & INTERSTATE HIGHWAYSlessvariablewindspeeds.SMARTEROffshorewindcanprovide power to population centers in coastal areas, where electricity demandishigh.However, offshorewindelectricity generationisgenerallymore expensivethanland-based energy sources.SitingoffshorewindonSTORAGE OPTIONS & FOREIGN TRADE ZONE SPACEtheOuterContinentalShelfBETTERrequires a lease from the U.S. DepartmentoftheInteriors BureauofOceanEnergy Management(BOEM). BOEMhasheldleasesales at several sites on the eastern seaboard since 2013. Acquiringaleaseisa necessary step in developingON-DOCK RAIL & DUAL-SERVED BY BNSF & UPanoffshorewindproject, but the lease does not ensure projectviability,additional construction, or transmission interconnection. CONTACT US AT [email protected] | PORTOFLONGVIEW.COMSo far this year, BOEM hasannouncedtwooffshore'