Introduce yourself and the organisation. What is your role and focus area?
I'm Danny Golden. I'm a director in Dublin Offshore. We are an engineering company focused on Offshore Wind, both on technology development and as an engineering consultancy.
What is your organisation's role in the marine industry?
We are developing the Load Reduction Device for floating offshore wind, which is a mooring technology, which is patent-pending in all the major markets, and it allows developers to cut their mooring CAPEX by somewhere north of 50%, cut a mooring footprint down by more than 70%, and re-engineer a system to reduce the risk and cost throughout, to help the project get to financial viability.
What do you see as the biggest opportunity for Ireland's marine industry in the coming 5-10 years?
I would say in the first instance, it is the ports-side and the potential to really develop a number of the ports and to be ready to on-shore a lot of that work and to do the major support roles. In parallel to that, to be able to develop a supply chain that can actually sell into that market.
We talk about CAPEX spends beyond anything needed to generate that industry, and to support that industry to grow. So, there's two big opportunities there between the ports and local supply chain to grow with it.
What is the biggest challenge, in your opinion, facing businesses in the marine industry today?
I would say the biggest challenge is policy uncertainty. We've seen a lot of bigger players pull out of the industry because they don't have that level of confidence in how quickly it's going to advance. I think a lot of the big ones have stayed, so it's not like everybody is leaving but I would say rapidity of the market actually getting to building out at scale and how quickly that happens, because businesses can't invest, people can't be trained on time, ports can't be developed on time. So, uncertainty around when it's going to happen and how big it's going to be when it does happen is a major challenge.
Is there anything you would like to share with the network?
We're currently hiring, so take a look at dublinoffshore.ie. There's a contact form there. We have a couple of open positions for engineers. We're active in floating wind throughout the world, so it's a good opportunity for an engineer with the right attitude and skills.
Where can we find more information about Dublin Offshore?
If you are interested in taking part in the #MIINMemberSpotlight and would like to feature in this series, please email MIIN@bluewisemarine.ie