Navigating Success: Expert Marine and Economic Consulting

BowWave Consulting is delighted to announce the addition of Prof. Dr. Marc Diederichs to the team as freelancer, further enhancing our consulting services portfolio. Marc brings a wealth of expertise in risk management, internal control systems, and corporate governance, backed by extensive experience and intensive research in these areas. With a track record of continuous publication and international recognition, Marc is a renowned specialist in his field. BowWave Consulting is excited to welcome him aboard as the company continues to expand the offerings and provide top-tier consulting solutions to our clients. This new capability to combine deep shipping expertise with extensive economic knowledge.

www.haw-hamburg.de

On Friday morning, March 15th, the FSRU Energos Force (formerly Transgas Force) successfully docked at the newly established energy port in Stade-Bützfleth. The berthing maneuver proceeded smoothly as planned at dawn, with several tugboats guiding the nearly 300-meter-long vessel to the quay wall. Upon reaching the mouth of the Elbe, the Energos Force was met by an armada of police boats, which escorted it to the harbor in Bützfleth. Dr. Peter Röttgen, Managing Director of DET, expressed his satisfaction, highlighting that "This third of a total of four DET floating LNG terminals with access to the North Sea was swiftly implemented in a single effort, thanks to intensive cooperation between all technology partners and authorities involved." BowWave Consulting is proud to have played a part in this significant achievement.

www.ndr.de

24th, the FSRU "Energos Power" reached the shores of the Island of Rügen, securing its berth at jetty number 12 within the expanded quay area of Mukran's eastern harbor. The jetty underwent tailored enhancements to accommodate the FSRU's requirements seamlessly. Preparations for trial operations are now underway, focusing on comprehensive testing and activation of both land-based and onboard systems. BowWave Consulting proudly acknowledges its role in supporting the project's success.

deutsche-regas.de

EWE, the energy supplier, has officially inaugurated the new gas pipeline stretching from Wilhelmshaven to Leer, as announced by the company. This development signifies the transportation of approximately six billion cubic meters of natural gas annually to EWE's storage facilities in Jemgum and Nüttermoor (located in the Leer district), as well as to the broader European gas network. EWE further highlights that the pipeline is also engineered to accommodate hydrogen. Gas, arriving in its liquid state via ships, is received at the FSRU terminal in Wilhelmshaven before being transported through the approximately 70-kilometer-long pipeline traversing the districts of Friesland, Ammerland, and Leer. Remarkably, the planning and installation of the pipeline were accomplished within a record timeframe of 22 months. In 2023, this project stood as one of Germany's largest construction endeavors, engaging approximately 800 construction workers and engineers.

BowWave Consulting has participated as an advisor, contributing to the operation of the FSRU terminal in Wilhelmshaven and the ongoing construction of another terminal.

www.ndr.de

BowWave Consulting is excited to announce a collaborative agreement with Gasum, a renowned Nordic energy expert dedicated to delivering cleaner energy solutions and energy market services. Gasum specializes in providing sustainable fuel solutions for both road and maritime transport, with a commitment reducing the carbon footprint for their clients.

Gasum's extensive areas of expertise encompass natural gas, liquefied natural gas (LNG), biogas, liquefied biogas (LBG), and electricity markets. Through innovative technologies and strategic initiatives, Gasum strives to drive positive change within the energy landscape.

As part of this exciting partnership, BowWave Consulting will provide technical support to Gasum's maritime division, focusing on LNG fuel commissioning solutions. By leveraging BowWave's expertise, Gasum aims to enhance its capabilities and further its commitment to sustainable energy practices. BowWave Consulting is honoured to contribute to Gasum's mission and looks forward to a successful partnership in the pursuit of sustainable energy solutions.

www.gasum.com

BowWave is thrilled to become an official member of the Society for Gas as a Marine Fuel (SGMF). SGMF Membership offers participation in key forums such as the technical committee, working groups, and industry panels. By joining, BowWave will enjoy collaboration with high-quality and credible fellow members as well as SGMF staff who are all experts in marine fuels, LNG, regulation, projects, operations, and the maritime industry as a whole.

Members adhere to the credibility and commitment to the development of the maritime industry, acting as decision makers in the future of 'Gas as a Marine Fuel'. Worldwide SGMF members share insights and first-hand information on the industry as it develops.

As BowWave Consulting reflects on a year of successful consultancy and engaging projects in Germany, along with promising initial discussions for an upcoming project in Asia, the company extends warm wishes for a Happy New Year 2024 to the industry, clients, and supporters. Looking ahead, BowWave Consulting is eager to continue making meaningful contributions in the new year. Moreover, the anticipation of adding a new team member specializing in economic risk management underscores the commitment to enhancing the range of services provided to both new and existing clients. BowWave Consulting is excited about the opportunities and challenges that the new year will bring and is ready to embark on further achievements in the field of consultancy.