A Reduction in Government Support Blows New Challenges at the Wind Energy Industry, Sees Kline – GlobeNewswire

PARSIPPANY, NJ, July 20, 2020 (GLOBE NEWSWIRE) -- Driven by support from various governments, wind energy has grown rapidly since 2000. As a result, global lubricant demand in the wind energy industry has increased in line with the growth in total installed wind energy capacity. From 2008 to 2019, the global wind energy installed capacity grew at a CAGR of 16.6%, and lubricant consumption grew by a CAGR of 13%, shows Klines recently published Lubricants for Wind Turbines: Global Market Analysis and Opportunities study.

As the industry matures, governments are phasing out monetary incentives and emphasizing supporting legislation such as renewable energy targets, grid priority, and land allocations. In the aftermath of the COVID-19 pandemic, government policies to jumpstart economies will put more pressure on finances; this may accelerate the phasing out of monetary incentives. The industry will have to learn to stand on its own.

To learn more about this changing market, ACCESS our recently held webinar,Outlook for Wind Turbine Lubricant Demand in the Current Economic Environment.

Currently, OEMs are experiencing tough market conditions due to the phase-out of subsidies. Senvion, a German wind turbine manufacturer, filed for bankruptcy in April 2019. Nordex recently announced a merger with the Spanish renewable energy company, Acciona Windpower. In emerging markets, Suzlonthe largest OEM in terms of cumulative capacity installed in Indiais now on the brink of bankruptcy. The capital expenditure of wind power projects has also dropped by 10% to 15% after the transition from feed-in tariffs to reverse auctions.

The wind energy sector is dominated by a few global players, and OEM ties are increasingly important. The supply base for lubricants used in wind turbines is also largely consolidated in the hands of a few key companies. Global majors such as Castrol, ExxonMobil, and Shell are present in almost all markets. The study shows that Castrol is the global leader in the lubricants market for wind energy with a supply footprint covering all major regions.

To succeed in this business, suppliers need to have a proven track record of products meeting OEMs performance requirements, the ability to demonstrate cost savings, and OEM tie-ups, comments Milind Phadke, Vice President, Energy at Kline. Castrol leads the market due to a strong product portfolio and tie-ups with such OEMs as Vestas and Siemens Gamesa, giving the company access to their first-fill and warranty fill business. This gives Castrol a strong position in Europe, North America, and India, along with a global leadership position.

Srikanth Visvanathan, Global Marketing Director for Castrol Commercial Vehicles and Industrial, says: Our leading position in wind, with 33% of the market, reflects our commitment to providing innovative lubricants and service solutions. With BP and our affiliate Onyx Insight, we can provide improved efficiency, lower downtime, and lower the levelized cost of energy for our customers.

We are the trusted supplier for thousands of wind turbine OEMs and wind farm operators worldwide, from first-fill through the entire working life, providing them with the ultimate lubricants and optimized service solutions that help extend the asset life. Castrols combination of industry experts and suite of wind solutions is designed to drive the success of the wind sector, delivering high-grade lubricants, advanced analytics, and expert training to upskill wind technicians.

Observing the rapid growth in the industry, new participants are trying to enter this market. These include mid-tier lubricant companies with a presence in the synthetics business. However, new suppliers face several entry barriers, including a rigorous approval process, a good track record as a supplier, and a performance history of new product development. The industry is risk-averse, and this results in an extension of warranties and the use of the same products outside the warranty period.

Despite the reduction in government support, the wind energy sector continues to receive support. Germany is likely to support local OEMsSiemens Gamesa, Enercon, and Nordexwhich have a strong global footprint. Governments are unlikely to withdraw complete support for the wind energy industry, as this will be difficult politically. However, they may reduce their support by decreasing the quantum of subsidies that they currently provide. Monetary subsidies will be replaced with favorable legislation (as in Germany), such as renewable energy targets, grid priority, and land allocations.

As per the GWEC outlook for spring 2020, new installations should grow at a CAGR of 4.1%, from 60.4 GW in 2019 to 73.4 GW in 2024. As a result, total installed wind energy capacity is estimated to grow at a CAGR of 9.1% over the forecast period to reach 1,005.0 GW by 2024 from 650.1 GW in 2019. While not as strong as in previous years, the growth in new installations will continue to drive growth in the lubricants market. Besides the growth, other factors, including green image and high-margin business for lubricant marketers, will attract lubricant suppliers.

The information is sourced from our just-published studyLubricants for Wind Turbines: Global Market Analysis and Opportunities.

About Kline Kline is a worldwide consulting and research firm dedicated to providing the kind of insight and knowledge that helps companies find a clear path to success. The firm has served the management consulting and market research needs of organizations in the agrochemicals, beauty & personal care, chemicals & materials, energy, and life sciences industries for more than 60 years. For more information, visit http://www.KlineGroup.com.

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A Reduction in Government Support Blows New Challenges at the Wind Energy Industry, Sees Kline - GlobeNewswire

Bruce Power partners with university to advance nuclear technologies – BlackburnNews.com

By Ryan Drury July 18, 2020 6:00am

Bruce Power is partnering with McMaster University following an announcement on July 17th.

The new partnership will see Bruce Power and McMaster work together todevelop, advance and promote nuclear technologies in Ontario, including next generation reactors, life extension and medical isotopes.

Bruce Power and McMaster initially linked up over a shared roleas leaders in the globalmedical isotope supply chain. McMaster is home toCanadas most powerful nuclear researchreactor, and is the leading producer in the world ofIodine-125. They also are a major supplier ofHolmium-166, and both are used to treat various cancers.

This is an exciting day as we mark the beginning of a renewed partnership to explore avenues of collaboration with one of Canadas most reputable universities, says Mike Rencheck, Bruce Powers President and CEO. We want to ensure Canada remains at the forefront of global isotope development and production, while advancing new technologies around life extension and new reactor development. Todays announcement is a big step forward in achieving these goals.

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Bruce Power partners with university to advance nuclear technologies - BlackburnNews.com

Will Congress throw the American economy off a cliff? – The Week

America is careening towards an economic cliff. The resurgence of the coronavirus pandemic is clearly beginning to bite the economies of many states, and deeper recessionary forces are taking hold. Eviction moratoriums are set to end in many states at the end of the month, and 28 million people could become homeless in a matter of weeks. Perhaps most importantly, the huge boost to unemployment insurance that Congress passed as part of the CARES Act is going to expire on July 25 sucking billions of dollars of spending out of the economy, and driving millions more Americans into destitution.

Republicans in Congress, of course, have been dithering and procrastinating. After taking a two-week vacation, it looks extremely unlikely that they will get anything passed before the program expires, and they may not do anything at all. The effect would be to fling America into the economic abyss.

As I have written before, super-unemployment is the only thing keeping tens of millions of Americans from starving indeed, the program is by far the most generous thing the federal government has done for lower-income people in generations. It is also the main thing propping up spending more broadly, and hence supporting tens of millions of other jobs that depend on benefit-collectors having money in their pockets.

Republicans, of course, are mad about exactly this generosity. They hate the fact that the program pays people who make less than the average wage more if they get laid off. Not only is that a completely goofy objection at a time when there are four job-seekers for every available job, and during a pandemic in which we shouldn't want most people to work in any case, these objections could also be addressed. The federal government could nationalize the unemployment system, and set up a program that pays people 100 percent of their previous income. Or they could add more money to the next round of stimulus checks, or both.

Furthermore, there are much more serious problems with unemployment insurance than generosity. Millions of eligible laid-off people have not been getting their benefits because state unemployment systems are either ancient and decrepit or have been deliberately designed to not pay out benefits. Something very badly needs to be done either to help and/or force states to fix their systems, or simply take over the administration entirely.

Yet Senate Republicans have not even mentioned fixing janky state unemployment bureaucracies. Instead, they watched the weeks pass while the super-unemployment expiration timer ticked towards zero, and at least eight other vital priorities went unaddressed. Only over the last week or so have Republicans started serious negotiation with House Democrats and the White House. President Trump abruptly added a payroll tax holiday to his list of demands recently an idea that isn't terrible but doesn't seem to have much congressional support which throws an additional wrench in the negotiation process.

I have been watching both American political parties fail to rise to the occasion for my entire adult life, yet I confess the complete lack of urgency in facing this problem is still astonishing. House Democrats have passed a six-month extension of super-employment in the HEROES Act, but with few exceptions they have not tried to pressure Republicans by screaming bloody murder day in and day out. As usual, they seem to hope the economic pressure will do the political work for them.

If the U.S. had any kind of real democratic culture, members of Congress would not be so cavalier about twiddling their thumbs while millions of people are teetering on the edge of destitution. Franklin Roosevelt correctly viewed his New Deal program as necessary to preserve the republic if the national government cannot arrange things such that the people have something to eat and a roof over their heads, it risks falling to a revolution. Incumbent political leaders often fare less than well when that happens. But many Republicans are not only resistant to further pandemic rescues, they straight-up oppose them.

Americans have long been one of the most docile, easily-bullied peoples on Earth. As David Bentley Hart writes, most of us passively accept the kind of abuse from our government that would have other democratic nations in flames (in part because of our brutally authoritarian criminal punishment system, to be fair). But one cannot count on that forever. A downtrodden people may endure horrible treatment for years, only for a spark to set off destabilizing unrest. That was what happened with the George Floyd movement against police brutality, which were probably the largest mass protests in American history, and still continue in many cities. If members of Congress don't want to end up like the clueless leaders of other crumbling governments, I suggest they take the welfare of their constituents more seriously.

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Will Congress throw the American economy off a cliff? - The Week

Fidelity Bank and Prudential Life Insurance to extend bancassurance deal by 10 years – BusinessGhana

10-year exclusive strategic bancassurance agreement with one of Ghanas largest banks, aims for growth in key marketFidelity Bank Ghana Limited, the largest private indigenous bank in Ghana, and Prudential Life Insurance Ghana, one of the leading insurers in the country, have today announced a 10-year extension to their exclusive bancassurance agreement, which began in 2015.

By combining Prudentials globally trusted insurance expertise and best-in-class products with Fidelitys customer-focused approach, strong distribution network and talented banking professionals, the extended partnership will continue to deliver comprehensive savings, protection and health solutions to more than 1 million Fidelity customers.

Prudential and Fidelity have already demonstrated that when two of Ghanas leading financial services organisations come together, they can deliver huge benefits to customers.

Were excited to build on the success of our partnership to date, through our multi-channel approach, innovative products and distribution expertise to serve the savings, protection and health needs of all Fidelity customers, said Matt Lilley, CEO, Prudential Africa.

Emmanuel Mokobi Aryee, CEO of Prudential Life Insurance Ghana said: We are delighted to extend our mutually successful strategic partnership with Fidelity.

We have demonstrated our strengths to deliver insurance protection tailored to our customers needs.

We look forward to continuing to work with Fidelity, securing a safer future for our customers in Ghana.

Julian Kingsley Opuni, Managing Director of Fidelity Bank noted that: Fidelity is excited to be extending our partnership with Prudential.

As a customer-centric organization, our focus is on delivering superior banking products and services to our customers.

Signing this extension with Prudential is further evidence of our commitment to provide our customers with exceptional products and services that extends beyond their traditional banking needs.

Nana Esi Idun-Arkhurst, Divisional Director, Retail Banking at Fidelity Bank shared that the partnership with Prudential allows Fidelity to provide our diverse base of customers with the necessary benefit of insurance cover across the broad spectrum of our products.

She further commented that the extended partnership incorporates technological innovations that are in line with Fidelitys digital transformation agenda in order to provide added value and convenience to our customers.

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Fidelity Bank and Prudential Life Insurance to extend bancassurance deal by 10 years - BusinessGhana

Fugro starts Vattenfall site investigations at two UK offshore wind farms – GISuser.com

Fugrohas beguna four-month marine site characterisationcampaignforSwedish energy groupVattenfallattwo majoroffshore wind development siteslocatedover 40kmoff the coast of Norfolk, UK. Theresulting Geo-datafromFugros geotechnical investigationswillfeed into the ground model forthe Norfolk Vanguard andNorfolk Boreas wind farms, which will have a total installed capacity of 3.6GW,enough to power more than 3.9million homes.

Fugro has mobilised the Fugro Scout to perform surveys and sampling on their latest site characterisation campaign for Vattenfall off the coast of Norfolk, UK

Working from its dynamically positioned (DP2)geotechnicaldrillshipFugro Scout, Fugro is performing surveys and samplingusingits proprietarySEACALFMk VDeepDrivecone penetration testing systemat both sites,and will carry outtestingbothin situ and at the companys world-class soilslaboratoriesinWallingford,UK,and Nootdorpin theNetherlands.Thesite characterisationworkis split across twoprojects:thefirstwillhelpVattenfalloptimisethewind turbinefoundationengineeringdesign;thesecondwillassistVattenfallinselectingthemost efficient cable route from the onshore substation to the turbines.

Rob Anderson, Project Director of Vattenfall UKs Norfolk Vanguard and Norfolk Boreas Projects,said:The Norfolk Vanguard and Norfolk Boreas projects are huge and complicated infrastructure projects requiring long-term planning and support from specialistservice providersduring their development and beyond.We are pleased to partner with Fugro on these important site investigationprojects,who we can rely on to providethe necessaryGeo-dataforthe next phase of engineering and procurement.

John ten Hoope, Fugros Marine Site Characterisation Directorfor Europe and Africa, said: Wehave beena trusted partner of Vattenfallin Europe formany years. These latestoffshore windcontracts havefurtherstrengthenedour workingrelationship, which is based not only on Fugro consistently delivering technical excellence but also on shared company valuesto create a safe and liveable world.

ClickheretowatchashortvideoofFugrosintegratedsolutionfordevelopingoffshorewind farms.

https://www.fugro.com/your-industry/power/offshore-wind

About Fugro

Fugro is the worlds leading Geo-data specialist, collecting and analysing comprehensive information about the Earth and the structures built upon it. Adopting an integrated approach that incorporates acquisition and analysis of Geo-data and related advice, Fugro provides solutions. With expertise in site characterisation and asset integrity, clients are supported in the safe, sustainable and efficient design, construction and operation of their assets throughout the full lifecycle.

Employing approximately9,500talented people in 61countries, Fugro serves clients around the globe, predominantly in the energy and infrastructure industries, both offshore and onshore. In 2019, revenue amounted to EUR1.6 billion. The company is listed on Euronext Amsterdam.

About Vattenfall

Vattenfall is a leading European energy company, which for morethan 100 years has electrified industries, supplied energy to peoples homes and modernised our way of living through innovation and cooperation. We now want to make fossil free living possible within one generation. Thats why we are driving the transition to a sustainable energy system through initiatives in renewable production and climate smart energy solutions for our customers. We employ approximately 20,000 people and have operations mainly in Sweden, Germany, the Netherlands, Denmark, the UK and Finland. Vattenfall is owned by the Swedish state.

Vattenfall has been working in the UK for more than ten years, developing fossil free energy projects. We have grown our windbusiness from one project in 2008 to 11 today. We continue to grow in district heating and power networks, to make fossil free living possible within one generation.

Vattenfall is planning two offshore wind farms off the coast of Norfolk that could power more than 3.9 million UK homes. Norfolk Vanguard has been granted consent and Norfolk Boreas is in the examination phase, with a final consent decision expected in April 2021.

http://www.vattenfall.co.uk/vattenfallinnorfolk

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Fugro starts Vattenfall site investigations at two UK offshore wind farms - GISuser.com

The Pros And Cons Of Expanding United States Offshore Aquaculture In 2020 – Forbes

An aerial view of an in-ocean salmon farm in Norway.

An executive order issued by President Donald Trump on May 7th moved to open up federal waters to commercial fish farming (aquaculture). The area has previously been off-limits. The executive order intends to promote U.S. seafood production and create a hassle-free regulatory process for offshore aquaculture projects. While the aquaculture industry is celebrating, many conservationists and commercial fishers are not happy with the move.

Coastal waters in the U.S. are managed in zones under different authorities. The Submerged Lands Act of 1953 secured state control over waters from the coastline to three miles out to sea. Beyond that mark, waters are federally managed to 200 miles offshore. This federal zone is called the Exclusive Economic Zone (EEZ). While nearshore aquaculture in the U.S. is regulated by states, there is currently no explicit authority in charge of permitting and regulating aquaculture in federal waters, which provides a significant stumbling block for anyone interested in starting up an offshore fish farm. The executive order designates the National Oceanic and Atmospheric Administration (NOAA) as the government agency lead on all aquaculture projects in the EEZ and also requires that all permitting decisions on new aquaculture projects be made within two years, significantly speeding up the process. An executive order is needed to establish priority amongst the many agencies that have authority in the offshore space, says Margaret Henderson, campaign manager for the aquaculture lobby group Stronger America Through Seafood.

Despite having the largest EEZ in the world, the U.S. currently has no commercial fish farms in any of it. NOAA fishery statistics indicate that approximately 90% of seafood consumed in the U.S. is imported, however this estimate is debated by some that argue that it is far less given the fact that much of the fish caught in the U.S. is exported for processing, only to be sent back to be consumed. Regardless of the percentage, proponents argue that expanding U.S. offshore aquaculture will lower imports and stimulate domestic production.

After taking a beating in sales during the coronavirus pandemic, the seafood industry is still not where it once was. With at least 70% of seafood going to restaurants, the pandemic lockdowns have disproportionately affected sales for seafood suppliers. The executive order provides a way forward for aquaculture projects that have been stalled due to burdensome processes and restrictions. However some argue that by boosting aquaculture, wild fisheries would face even more competition.

Some argue that putting fish farms in our federal waters is short-sighted and ill-informed. Concerns over the spread of disease, antibiotic use, and escapes from fish farms are driving the backlash against the executive order. Another concern is the amount of fish waste that will be deposited in the ocean, which could cause algal blooms due to increased levels of nutrients like nitrogen and phosphorous. Although studies have been done to assess impact of potential offshore farms, scale is an important factor. Impacts seen at a large commercial scale may not be represented in the studies.

These concerns are nothing new, and are rooted in examples from history. However aquaculture has come a long way since its nascent years. Bryton Shang, CEO of tech startup Aquabyte, which uses machine learning to advance aquaculture sustainability, believes that the use of technology in aquaculture will eliminate many of these concerns. Using cameras mounted in fish pens, they can now count the sea lice on each individual fish to keep infestations under control. They also built fish facial recognition software which can determine individual fish size and growth to avoid overfeeding. Cameras can also be used to inspect for damage before there is a catastrophic breakdown leading to escapes. The technology is being used in offshore farms in Norway already.

While in-ocean aquaculture has seen many advancements in technology and infrastructure in recent years, accidents and mishaps still occur. Strong storms can break cages and lead to escapes. Escape of farmed fish is problematic because interbreeding of farmed and wild fish can diminish the fitness of wild species. Shang says that there are still challenges to offshore development; You need to be able to operate these farms without anyone there, which requires more automation, you need to also make sure that theyre managing pollution and parasites, which is where technology can help, but he is confident that the U.S., while late to the game of offshore aquaculture, can benefit from the advancements that have already been developed around the world to start strong.

The aquaculture industry is pushing hard for offshore production, saying that compared to other forms of protein, seafood is about as environmentally-friendly as it gets. Faced with an exploding population, advocates say we have to think about the inevitable: feeding more people with the same amount of space. Farming fish in greater volumes is one proposed solution, and doing so in our own waters makes economic sense. Environmentalists argue that we should not rush to bolster the industry without sound science to back up the claims that the environment will be protected. If the impact turns out to be worse than advertised there may be a big environmental price to pay.

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The Pros And Cons Of Expanding United States Offshore Aquaculture In 2020 - Forbes

Swire Blue Ocean to Install Seagreen Turbines – Offshore WIND

Swire Blue Ocean (SBO) has secured a contract with MHI Vestas for the transportation and installation of turbines at the Seagreen offshore wind project in Scotland.

Seagreen will comprise 114 MHI Vestas V164-10 MW turbines located some 27 kilometers off the Angus coast.

SBO expects to commence the installation of the units in the second half of 2021.

Upon completion of Seagreen, offshore wind turbines installed by our vessels should be capable of meeting the energy needs of more than half of Scottish households; which is a great achievement for our company, said SBO CEO Mikkel Gleerup.

We could not have reached this phenomenal milestone without committed project partners such as MHI Vestas and SSE, companies that have demonstrated dedication to the expansion of offshore wind in Scotland.

SSE Renewables reachedthe final investment decision (FID)for Seagreen in early June, when it also announced that Total would take a 51% stake in the project.

The 1,075 MW wind farm is planned to be commissioned in 2024.

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Swire Blue Ocean to Install Seagreen Turbines - Offshore WIND

Gas production ceases from Kinsale fields offshore southern Ireland – Offshore Oil and Gas Magazine

(Map courtesy Kinsale Energy)

Offshore staff

CORK, Ireland Petronas subsidiary PSE Kinsale Energy has shut down gas production from the Kinsale Head field offshore southern Ireland.

Marathon Oil discovered the field in 1971, 50 km (31 mi) from the Cork coast and in 90 m (295 ft) of water. The company commissioned two fixed steel platforms, Alpha and Bravo, for the development which came onstream in 1978.

Later the company tied in production from the satellite Ballycotton and Southwest Kinsale fields via subsea facilities, with Ramco Energy subsequently connecting gas from the Seven Heads field in 2003.

These represented Irelands sole source of indigenous gas until Shell developed the Corrib field offshore the Mayo coast of northwest Ireland (now operated by Vermillion Energy). Southwest Kinsale was redeveloped for offshore gas storage.

PSE Kinsale Energy expects decommissioning of the wells and removal of the platform structures to take several years to complete.

07/20/2020

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Gas production ceases from Kinsale fields offshore southern Ireland - Offshore Oil and Gas Magazine

Health & Safety Executive raises concerns about offshore wind industry – Riviera Maritime Media

Confirming receipt of the 10 July 2020 letter from UK HSE principal inspector of health and safety Trevor Johnson, IMCA said it raised concerns about recent incidents in the wind energy industry.

With companies starting to increase activity levels in some areas we believe this letter should act as a timely reminder for all our members to remain vigilant with regards to health and safety, said IMCA.

We are currently defining our approach to the HSEs request; however, the first step is sharing the letter with our members.

In the letter, the HSE noted that UK governments are moving into the next stages of their responses to the Covid-19 pandemic. As work activity increases and following a review of recent Reporting of Injuries, Diseases and Dangerous Occurrences Regulations 2013 (RIDDORs) and data from the various industry bodies, I have concluded that in some sectors of the wind energy industry, improvements in health and safety performance have at best stalled if not reversed, said Mr Johnson.

In 2020, there have been a number of serious incidents both in the UK and elsewhere which could indicate that any reversal may continue. This would be unacceptable.

I know that your organisation and your members state your commitment to improve health and safety; however, there is a renewed need to ensure that all organisations and individuals provide the necessary leadership to ensure health and safety remains an industry priority.

HSE plans to restart proactive site inspections at offshore and onshore windfarms. These inspections will allow HSE to determine if the industry is Covid-19 compliant; performance was not compromised during the pandemic and arrangements to manage health and safety are provided, said Mr Johnson.

The HSE said that while it will continue to consider the holistic approach to health and safety, it will specifically consider a number of matters. These include ensuring work equipment subject to statutory inspection regimes is in a safe condition and arrangements are in place to ensure all inspections are now being carried out; and that arrangements are in place to ensure new entrants into the industry are provided with suitable information, instruction, training and supervision to ensure they work safely.

It also wants to ensure that during the period where social distancing measures are required and thereafter, suitable arrangements for monitoring and auditing performance are provided.

Mr Johnson said the HSE also wants to ensure that well publicised cost-reductions or other pressures do not lead to compromises in health and safety and in particular that work is planned to ensure that revised deadlines are realistically achievable in practice and do not lead to work being conducted in poor weather or dangerous environmental conditions.

Other focus areas include ensuring that emergency response arrangements are provided, fully and regularly tested with lessons learnt incorporated; that arrangements are in place to monitor factors including fatigue and personal circumstances to ensure individual well-being; and incidents, cases of ill-health, dangerous occurrences and safety observations are properly reported, investigated and where necessary, steps taken to prevent recurrence.

I would be obliged if you could forward this letter to your members. If you or any of your members wish to discuss the content of this letter further than please contact me. I would ask you to respond, on behalf of your members by 3 August 2020 indicating the steps that will be taken to deliver health and safety improvements, said Mr Johnson.

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Health & Safety Executive raises concerns about offshore wind industry - Riviera Maritime Media

Hiretech snaps up new offshore equipment as part of recent 600k investment – News for the Oil and Gas Sector – Energy Voice

Aberdeen offshore rental firm Hiretech has announced it has acquired new equipment as part of a recent six figure investment in decommissioning equipment.

The 600,000 investment was encouraged following client feedback received by Hiretech.

It has resulted in the firm taking receipt of newly built subsea shears and hydraulic grabs.

Duncan Duthie, decommissioning and subsea business development manager, said: We were keen to pinpoint the correct target for our investment, and collaborated with our clients and the manufacturer to go back to first principles for the subsea shears.

We now have shears specifically designed for water depths of up to 10,000 feet with performance, ease of operation and maintenance a priority.

Hiretech, which offers equipment rental and personnel supply to the energy and marine industries, has not been unaffected by the effects of Covid-19 and the recent oil price volatility, its bosses said.

But the firm added that it believes the business environment has now stabilised.

Andy Buchan, Hiretech chief executive, said: Talking to our peers and clients, it is apparent that activity drops through the worst months of the pandemic of up to 70% from last year were not uncommon, although there are definitely encouraging signs of a bump off the bottom at the moment.

Like other businesses, we have had to resize, refocus and reinvigorate our team to meet the new challenges we face.

We see tremendous opportunities for SMEs in the new world.

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Hiretech snaps up new offshore equipment as part of recent 600k investment - News for the Oil and Gas Sector - Energy Voice

Aker Solutions to spin off offshore wind unit – reNEWS

Norwegian company Aker Solutions is spinning off its offshore wind and carbon capture businesses to shareholders and merging with Kvaerner to create an optimised supplier company.

Kjetel Digre has also been appointed chief executive of Aker Solutions, effective 1 August, to lead the combined company.

Digre joins from Aker BP, where he held the role of senior vice president of operations and asset development.

The spin off its wind and carbon capture businesses to Aker Solutionsshareholders will result in two separate companies expected to be admitted to trading on Merkur Market on the Oslo Stock Exchange.

Aker Solutions chairman Oyvind Eriksen said: Aker Solutions has developed technology and taken strong positions in markets for offshore wind and carbon capture, utilisation and storage.

However, it has become increasingly clear that these businesses represent value creation opportunities in a world transitioning to green solutions at accelerated speed and have more potential as stand-alone companies than as an integrated part of an oil service business.

Renewables and green technologies have entirely different value chains, customers, investor bases and sources of funding.

Capitalising and separating the offshore wind and CCUS business areas from Aker Solutions present a unique opportunity for growth and value creation.

Aker Solutions said it will be an alliance partner and preferred supplier to both companies to create revenue and customer value within the wind and CCUS markets.

Kvaerner and Aker Solutions have entered into a merger plan, whereby the two entities will join forces to create a new supplier company.

Aker Solutions and Kvaerner have agreed to merge the companies based on the principle of equal parties, with the new company called Aker Solutions.

The consolidation will take the form of a statutory merger whereby Aker Solutions will absorb Kvaerner in accordance with the Norwegian Public Limited Liability Companies Act.

Aker Solutions proposed new chairman Leif-Arne Langoy said: By combining the two companies and their complementary resources, we will be able to deliver a more complete offering to a global energy industry.

The combined company will do fabrication at own its facilities or in cooperation with partners around the world.

It will have about 15,000 employees in more than 50 locations in 25 countries around the world, including about 8000 employees in Norway.

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Aker Solutions to spin off offshore wind unit - reNEWS

Former military leaders push to extend ban on offshore drilling in Florida gulf | TheHill – The Hill

A coalition of former military officials is urging lawmakers to extend a ban on drilling in the eastern Gulf of Mexico, arguing a lapse in the moratorium will hurt military preparedness.

The letter comes as Florida lawmakers are seeking to extend the moratorium, which expires in June 2022, as Congress grapples with the must-pass National Defense Authorization Act (NDAA), a bill that sets military policy for the year.

The expansive area off Floridas Gulf coast has a long history of providing unconstrained access for military training and testing activities that are essential to our national security, the letter, signed by more than 80 people, states.

The letter argued the Gulf provides more uninterrupted surface and airspace than all other ranges in the lower 48 combined, calling the area an asset that simply cannot be replicated anywhere else.

Simply put, failure to extend the eastern Gulf moratorium poses a threat to Americas military preparedness and threatens our national defense goals," the letter adds.

Sen. Marco RubioMarco Antonio RubioRubio mistakenly tweets tribute to Lewis with picture of late Elijah Cummings GOP senators sound alarm as coronavirus surges in home states 'Everything about this is unprecedented': GOP grapples with its convention amid pandemic MORE (R-Fla.) has proposed an amendment to the NDAA that would extend the offshore drilling ban through 2032.

Another would require the secretary of Defense to sign off on all future lease sales in Floridas Gulf to assure the drilling wouldn't interfere with military operations a move Rubios team says will functionally block any drilling given the history of military opposition tothe practice in the area.

The fear for both Florida lawmakers and the military is another big oil spill like the 2010 Deepwater Horizon disaster, a hit to Floridas ecosystem and its economy.

Military leaders said another months-long cleanup would also hurt training activities.

If our troops cannot practice in conditions found throughout the Gulf Range, they will be less prepared to defend our nation in a time of need, the letter states.

We cannot give up an inch of ground when it comes to the current moratorium," it says.

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Former military leaders push to extend ban on offshore drilling in Florida gulf | TheHill - The Hill

Atlantic Shores Offshore Wind Rents Place from Stockton University – Offshore WIND

Atlantic Shores Offshore Wind and Stockton University have entered a sublease agreement for 180 square metres of commercial space, where the offshore wind developer will set up an Educational and Community Outreach Center to host informational events for the local community.

The premises are located on the Boardwalk and Roosevelt Avenues in the Stockton Atlantic City Residential Complex.

Atlantic Shores signed a ten-year lease, effective as of 15 July, with an option for two five-year extensions.

As we progress development of our first wind project, we know its important for the Atlantic City community to have access to us right where they live. We look forward to meeting and listening to residents, advocates and local organizations at this space and using it as a venue to offer educational lectures and labs, said Chris Hart, Managing Director of Atlantic Shores Offshore Wind.

Atlantic Shores is a 50:50 joint venture between EDF Renewables North America and Shell New Energies US LLC.

The special purpose companyholds development rightsfor an offshore wind zone located some 14 to 32 kilometres off the New Jersey coast, between Barnegat Light and Atlantic City, covering some 183,000 hectares.

Within the lease area, which has the potential toaccommodate 2.5 GW of installed offshore wind capacity, the developer plans to build multiple projects over the next decade.

Site investigation and characterisation surveys have been under way since May and will continue through the autumn and winter.

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Atlantic Shores Offshore Wind Rents Place from Stockton University - Offshore WIND

Betting on Offshore Oil and Gas could be Challenging, as Sector Hit by COVID and China Risks – FX Empire

Fitch Ratings

International rating agency Fitch Ratings is very pessimistic about exploration-focused oilfield service (OFS) companies. The rating agency stated that the sector will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expenditure. These developments will be the same for drillers. Both sectors are going to feel the negative impact of cuts in oil and gas producers capital programs, where exploration investment cuts are expected to be a reduction of 20%-30% in 2020 yoy.

Fitch reported also OFS companies serving projects with high full-cycle costs, such as deep-water offshore assets or shale basins, will also be affected. North America-focused Nabors (B-/Rating Watch Negative) and Precision Drilling (B+/Negative) are exposed to the volatile spending patterns of US shale producers.

OFS diversified companies, exposed to the entire life-cycle of a well, are more resilient. Fitch is reasonably positive about ADES International (B+/Stable), currently servicing customers in Saudi Arabia and Kuwait, while Eurasia Drilling (BB+/Stable) is focused on Russia. Even that they both will be effected by OPEC+ production cuts, their overall performance will continue as their producing areas are lower-cost geographies.

The current overall global downturn will be for an extended period of time, as the OFS market will experience a recovery lag of four to six quarters. Even if oil and gas prices will recover slowly, oil and gas producers, the main clients, will be very cautious about increasing exploration and drilling activity. Even if utilization rates for rigs and vessels will improve to 2019 levels in 2021, day rates and need for new builds will be lagging behind 1-1.5 years at the least.

At the same time, most offshore drillers will be faced very soon by a combination of threats. Most OFS and drilling companies have been stacking an increased amount of assets. The latter is seen as cost saving measure. Still they are facing lower revenues and cash flows the next coming years. This combination is maybe for some even very toxic.

Fitch warns that OFS companies with significant debt maturities up to 2022 will face refinancing challenges. A combination of low operation cash flow generation and lacking access to capital markets could lead to a potential shake out. Ongoing crisis measures in the sector is also not promising, as shedding workforce or closing production facilities by shipyards worldwide decreases flexibility to react to changing markets, and puts several blockades already in place in time of recovery. Sembcorp Marine or Noble Drilling are prime examples of the current crisis situation.

The offshore drilling market could even be facing another major threat, if the news coming out of India is right. In light of the India-China military and geopolitical rivalry, offshore drilling companies and shipyards are now in the crosshairs of the Indian officials.

Potential direct links between international drillers and the Chinese government could be a future threat to the sector. At least in India after that the Indian government has started an assessment of the position of Chinese government-linked investors in Dubai-based Shelf Drilling. The latter offshore driller holds almost 30 per cent market share in Indias shallow water oil drilling market, in terms of drilling rigs on charter.

The issue has come on the table due to the fact that the Indian government and its agencies have restricted, or even banned, the use of Chinese products and services in the country, following the recent flare-up along the border. Shell Drilling, listed on the Oslo Stock Exchange, and a major largest pure-play jack-up oil drilling rig contractor, works in India mostly for state-owned ONGC Ltd, Indias biggest explorer of oil and gas.

News that China Merchants and Great Wall Ocean Strategy & Technology Fund (China Merchants), a $1-billion marine industry-focused fund sponsored by China Merchants Group (CMG), is the largest shareholder of Shelf Drilling with a 19.7 per cent stake, is a possible major security issue.

China Merchants is a $1 trillion diversified group fully owned by the Chinese state. The jack-up rigs were constructed at China Merchants Heavy Industries (CMHI), the worlds largest CJ jack-up drilling rig manufacturer. Shelf Drilling operates eight rigs in India of which seven are currently on contract with ONGC out of the 25 jack-up rigs chartered by ONGC. All seven are deployed in the hyper-sensitive Arabian Sea region. Several of these are located near Mumbai, the financial capital of India.

According to Indian government officials, the presence of the Chinese government in the strategic and sensitive offshore oil drilling sector has become a matter of concern. Since years, Chinese companies linked to the Beijing government are barred from bidding for Indian port construction and operation contracts mainly due to the sour political relations between the two sides. India is also discussing to classify exploration and drilling of oil and gas as a strategically sensitive sector (both economically and for national security), and accordingly provide protection and oversight by restricting participation in the sector to entities.

Taking the Indian developments to a more global power play, the Indian views could be taken over soon by others too. An emerging anti-China position in the EU and USA could result the coming months in a focus on Chinese maritime sector investments and the stranglehold some of these Chinese parties have. Offshore oil and gas projects are until now not regarded very sensitive, but looking at the current production regions and maritime position, an opposite position could be supported very soon.

If these issues are going to play a role, the OFS, and especially offshore rig markets, will be heading for a major restructuring. Blocking or restraining Chinese government interference and power play in oil and gas developments are likely to see some support in Washington, Brussels and India. Domestic support for the struggling maritime sectors in these regions is already available. For offshore vessel or jackup companies it looks to be time of reassessing their options. Better to be prepared than to be confronted by political and security facts without a warning.

For all non-Chinese parties in offshore drilling it will be a necessity to keep an eye on the Indian developments, while addressing other options. COVID already is a Black Swan of unknown importance. Threats from Chinese interference could be having major impact on the valuations of them all.

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Betting on Offshore Oil and Gas could be Challenging, as Sector Hit by COVID and China Risks - FX Empire

In the wake of Covid-19, time to consider basic income: Senate report – Investment Executive

The effectiveness of the CERB as an emergency income support has led many people to wonder whether it is time to consider a more permanent solution, such as a basic income guarantee, the report said.

Among other things, the committee also made recommendations for restructuring CERB as a declining benefit, based on income, and improving access to the Canada Emergency Wage Subsidy (CEWS).

While the committee lauded the governments response to the pandemic including federal financial support programs, such as CERB and CEWS, noting that these likely prevented a more severe economic crash it also said that the government has used extraordinary powers to introduce these measures.

On March 24, Parliament passed legislation that granted the government greater spending power and exempted it from requiring Parliaments approval to expand its borrowing.

The report noted that the threat of Covid-19 shows no sign of abating in the near term, and, as a result, it recommended a return to traditional parliamentary procedures for government spending.

Parliament has a fundamental role in reviewing and approving government spending, the report said.

The committee also recommended that the government provide quarterly financial updates throughout the crisis, so that policymakers, lawmakers and Canadians have accurate information about the countrys financial health.

While the government and public service acted with commendable speed in implementing crucial financial supports, public and parliamentary scrutiny of spending measures will be crucial for Canadas economic recovery, said Senator Percy Mockler, chair of the committee, in a statement.

Looking ahead, the committee said that it will focus on recovery strategies when it resumes meeting in the fall and make recommendations for building a fairer and more sustainable economy.

We hope that our study will lead to improved programs and services that will see all Canadians share in the economic recovery. We look forward to laying out a vision for this recovery when we continue our study, said Senator David Richards.

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In the wake of Covid-19, time to consider basic income: Senate report - Investment Executive

COVID-19 on P.E.I.: What’s happening Tuesday, July 14 – CBC.ca

Prince Edward Island has one new COVID-19 case,an essential worker in his 30s who travelled internationally recently. He has been self-isolating since his arrival on P.E.I., says Dr. Heather Morrison. This case is not related to the twomost recent cases, she said at her regular Tuesdaybriefing.

Contact tracing and testing is underway on the previousnew case of COVID-19, a man in his 40s who is a health-care worker in the emergency department at the Queen Elizabeth Hospital in Charlottetown. More than 200 staff and patientshave been identified for testing.

About 20 people gathered in Charlottetown to draw attention to the struggle of seniors in P.E.I.'s long-term care facilities throughout the COVID-19 pandemic.

Small businesses are making adjustments asmask recommendations change, setting protocols for employees, seeking suppliers, and even offering discounts to mask-wearing customers.

P.E.I. Premier Dennis King says he is comfortable with Islanders travelling around Atlantic Canada and vice versa, but he is not seriously considering expanding beyond that yet.

Fishermen on P.E.I. are hoping the lobster industry will be better in the fall than it was in the spring.

P.E.I.'s tourism industry lost more than $27 million in direct earnings with the cancellation of the cruise ship season this year,the CEO of Port Charlottetown estimates.

The COVID-19 pandemic has shown what can be possible with regard to a basic income guarantee on P.E.I., says the chair of the legislative committee on poverty.

Health PEI told employees in an email earlier this week thatall staff who come in contact with patients and who aren't able to physically distance must now wear medical masks.

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COVID-19 on P.E.I.: What's happening Tuesday, July 14 - CBC.ca

Seamount announces addition of Chassis Assets to their Drayage Fleet – DC Velocity

Seamount Transport Services, a sister company to Mitco Global, today announces the addition of container chassis assets to its fleet. At time of writing, Seamounts fleet includes 30 Drivers and Clean Trucks, as well as the new pool of 75 chassis. The all new chassis are combo chassis and able to support both 40 and 45 trailers. They all have GPS tracking, and other key safety related elements.

Lenny Glenn, President of Seamount commented As the steamships moved away from being in the chassis business, along with industry consolidation, and with our customers using numerous steamship lines, the complexity of managing rental chassis became onerous. With our speed to market program and commitment to our customers to have goods transloaded or shipping within 48 hours of vessel release, the reduction in wait times, and touches required by our drivers made this an easy decision

In 2019 Seamount moved over 12,000 containers on and off the ports of Seattle and Tacoma. The volume is well balanced between containers being serviced at Mitcos facilities, and to importers with their own distribution centers in the Sea-Tac market. The Seamount team is great to work with, they insure we have the containers pulled in the priority we assign, and they do a great job managing and communicating, which helps minimize accessorial fees and surcharges, reports current Seamount customer.

Our drivers love these new chassis, says Jessica Lomax, Seamount Operations Manager. Eliminating the often-required chassis swaps, and the pickup or drops at multiple locations, we anticipate one additional turn per day per driver, which is huge for capacity.

Today Seamount services over 20 clients with their drayage services, including FEU, TEU and LCL shipments. The business is managed through an industry leading TMS specialized for drayage activities. All communication and tracking are reported real time, with integration to the Ports and Steamship lines. This allows for flexible reporting and integration to our clients ERP.

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Seamount announces addition of Chassis Assets to their Drayage Fleet - DC Velocity

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GEMoaB and Intellia Therapeutics Enter into Research Collaboration and Licensing Agreement on Next-Generation Cellular Immunotherapy Based on…

DRESDEN, Germany, July 20, 2020 /PRNewswire/ -- GEMoaB, a biopharmaceutical company focused on the development of next-generation immunotherapies for hard-to-treat cancers, announced today that it has entered into a research collaboration and license agreement with Intellia (Nasdaq: NTLA), a global leader in the field of genome editing treatments.

The companies will conduct joint research to combine GEMoaB's proprietary RevCAR technology platform with Intellia's proprietary genome editing technologies to discover and develop next-generation allogeneic cellular immunotherapies for hard-to-treat cancers and inflammatory diseases. The companies will focus on immunotherapies directed against a selected number of targets.

Under the terms of the agreement, GEMoaB will receive payments for each product based on target reservation and selection, achievement of regulatory, clinical and commercial milestones as well as tiered royalties based on net sales. Intellia will lead the research collaboration, and be responsible for clinical development and commercialization.

"We are very pleased to enter into the agreement with Intellia, which is, similarly to GEMoaB, using its cutting-edge technology to develop breakthrough products for patients with a high unmet medical need," said Armin Ehninger, Ph.D., Chief Scientific Officer at GEMoaB. "Not only does the collaboration reflect the unique optionality of GEMoaB's technological platform, but it will also provide rapid clinical proof-of-concept for RevCAR, our second cellular immunotherapy platform."

Andrew Schiermeier, Ph.D., Intellia's Chief Operating Officer, added, "We are very pleased to work with the talented GEMoaB team, and believe that their RevCAR platform represents a unique and powerful advance in how we think about engineering cell therapies. We are confident that the combined power of GEMoaB's cellular immunotherapy platform and Intellia's numerous and proprietary CRISPR-based approaches to T-cell engineering will accelerate the development of unique and highly-differentiated, genome-edited products for patients with a high unmet medical need."

About GEMoaB

GEMoaB is a privately-owned, clinical-stage biopharmaceutical company that isaiming to become a globally leading, fully integrated biopharmaceutical company. By advancing its proprietary UniCAR, RevCAR and ATAC platforms, the company will discover, develop, manufacture and commercialize next-generation immunotherapies for the treatment of cancer patients with a high unmet medical need.

GEMoaB has a broad pipeline of product candidates in pre-clinical and clinical development for the treatment of hematological malignancies as well as solid tumors. Its clinical stage assets GEM333, an Affinity-Tailored Adaptor for T-Cells (ATAC) with binding specificity to CD33 in relapsed/refractory AML, and GEM3PSCA, an ATAC with binding specificity to PSCA for the treatment of castrate-resistant metastatic prostate cancer and other PSCA expressing late stage solid tumors, are currently investigated in Phase I studies and globally partnered with Bristol-Myers Squibb. A Phase IA dose-finding study of the first UniCAR asset, UniCAR-T-CD123 for treatment of relapsed/refractory AML and ALL is ongoing, UniCAR-T-PSMA against CRPC and other PSMA-expressing late-stage solid tumors, is planned to be tested in a Phase IA study initiated by H2 2020.

Manufacturing expertise, capability and capacity are key for developing cellular immunotherapies for cancer patients. GEMoaB has established a preferred partnership with its sister company Cellex, a world leader in manufacturing hematopoietic blood stem cell products and a leading European CMO for CAR-T cells, co-operating in that area with several large biotech companies.

About UniCAR and RevCAR

GEMoaB is developing rapidly switchable universal CAR-T platforms, UniCAR and RevCAR, to improve the therapeutic window and increase efficacy and safety of CAR-T cell therapies in more challenging cancers, including solid tumors as well as hard-to-treat inflammatory diseases. Standard CAR-T cells depend on the presence and direct binding of cancer antigens for activation and proliferation. An inherent key feature of the UniCAR and RevCAR platforms is a rapidly switchable on/off mechanism enabled by the short pharmacokinetic half-life and fast internalization of soluble adaptors termed targeting modules (TMs). These TMs provide the antigen-specificity to activate UniCAR/RevCAR gene-modified T-cells (UniCAR-T, RevCAR-T) and consist of a highly flexible antigen-binding moiety, linked to a peptide motif recognized by UniCAR-T/RevCAR-T. Different to UniCAR, where the CAR consists of a scFv, RevCAR uses an inert peptide attached to the CAR. RevCAR TMs consist of a highly flexible antigen-binding moiety, linked to a scFv domain binding to the inert peptide attached to the CAR of the RevCAR effector T-cell.

About ATAC

GEMoaB's platform of Affinity-Tailored Adaptors for T-Cells (ATAC) is characterized by high binding affinity to tumor antigens and lower affinity to the CD3 antigen on effector T-cells, preventing T-cell auto-activation in pre-clinical models. Safety and tolerability of the treatment are also increased by the relatively short serum half-life (60 min). The use of fully humanized antibodies reduces the risk of immunogenicity even in case of chronic dosing. Half-life extended ATACs are in pre-clinical development.

More information can be found at http://www.gemoab.com.

For further information please contactJana Fiebiger[emailprotected] Tel.: +49 351 4466-45012

Investor ContactMichael Pehl[emailprotected]Tel.: +49 351 4466-45030

Forward-looking Statements

This announcement includes forward-looking statements that involve risks, uncertainties and other factors, many of which are outside of our control, that could cause actual results to differ materially from the results and matters discussed in the forward looking statements. Forward looking statements include statements concerning our plans, goals, future events and or other information that is not historical information.

The Company does not assume any liability whatsoever for forward-looking statements. The Company assumes that potential partners will perform and rely on their own independent analyses as the case may be. The Company will be under no obligation to update the Information.

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SOURCE GEMoaB

http://www.gemoab.com

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GEMoaB and Intellia Therapeutics Enter into Research Collaboration and Licensing Agreement on Next-Generation Cellular Immunotherapy Based on...

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Planning to Self-Publish Your First Book? Avoid These 6 Rookie Mistakes at All Costs – Thehour.com

Photo: Sean Gladwell | Getty Images

Planning to Self-Publish Your First Book? Avoid These 6 Rookie Mistakes at All Costs

Writing a book mightnot be the first thing that comes to mind for growing your business, but this can go a long way in helping entrepreneurs establish their credentials and industry expertise. It helps get your name out there, and can even lead to media coverage for you and your company.

Best of all, the rise of self-publishing has made authorship more accessible than ever for entrepreneurs. You dont need to seek out a deal with a major publisher. Instead, you can self-publish and start selling your book on Amazon or promoting it through your site.

While self-publishing allows you to get your book to market quickly, self-publishing is rife with potential pitfalls. Avoiding these sixrookie mistakes will ensure that you look like a professional, not a novice.

You arent done with your book once you type the end or its equivalent. Books published by major publishers go through several rounds of revisions and edits before they hit store shelves. If you neglect editing your self-published book, you risk coming across as sloppy and unprofessional.

Editing should cover grammar and spelling issues, but it can also reveal flaws in the structure or organization of your book. You might not have put enough emphasis on certain topics, or maybe you repeated certain points multiple times in the text. Enlist the help of a few beta readers to go through your manuscript to get an idea of what is or isnt working.

Related: Why Every Entrepreneur Should Write a Book

A title can make or break any piece of entertainment be it a book, newspaper article or movie. Your title needs to grab the audiences attentionwhile still giving them an idea of what to expect in your book.

One common suggestion for business and other nonfiction books is to combine a creative title with an indicative subtitle that tells readers what your book is about.

As one example, Greenville Universitys Deloy Cole explains, "Eats, Shoots and Leaves: A Zero Tolerance Approach to Punctuation,is a masterful combination of creative title with meticulous, content-oriented subtitle. The title alone wouldnt make a reader aware of the books subject (apart from actually reading the book), but the subtitle turns the book into something other than an ambiguous scene of gustatory violence.

Few things will drive readers away like an ugly front cover. The visual elements of your books cover will often catch a readers eye before the title does. Unless youre a professional graphic designer, this means you should turn this job over to a professional who will design an engaging cover that matches the content of your book.

Just how important is a book cover, exactly?

A survey by The Book Smugglers found that 79 percent of readers reported that book covers played a decisive role when deciding to buy a book, with 48 percent saying the cover played a major role. With hardcover books, 40 percent said an ugly cover would even keep them from buying a book they were previously interested in.

Many entrepreneurs self-publish a book as a form of marketing for their business. But your book also needs to be marketed to make an impact. In an email conversation, J.J. Hebert, president of MindStir Media, a self-publishing services company, explained, Every book needs a marketing plan that starts before releaseand continues for at least a few months after the book releases. Hundreds of thousands of books are self-published every year. A few social media posts arent going to get you the traction you need to stand out and get meaningful sales numbers.

In addition to social media campaigns, self-published authors should use email lists and newsletters to tell subscribers about the book. Actively participating in online industry groups will ensure that when you talk about your book, you wont come across as spammy. Media outreach (especially on a local level) can also drive momentum for your book release.

Self-publishing is very much a DIY endeavor and that often includes formatting the book. Even if youve thoroughly edited your books content, it will still look sloppy and unprofessional if the text isnt formatted properly. Even seemingly minor details like section breaks or the type of file you upload can make a difference.

Authors should be mindful of all formatting guidelines for the program they are usingand carefully review the text for any issues before publishing. Remember, ebooks and print books often have different formatting standards. Youll want to review all versions of your book to ensure that digital readers dont get an inferior experience.

Related: 3 Lessons Youll Learn by Writing a Book About Your Business

Be careful to avoid overpricing or underpricing your book. Pricing a self-published ebook for over $10 will seem too expensive for many buyers. On the other hand, underpricing could indicate to readers that your book isnt very good. For ebooks, the self-publishing sweet spot is usually around $2.99 to $5.99, depending on the length of the book.

For print books, you can (and should) go higher to cover the related printing costs. Many full-length paperbacks will sell for $14.99, and some business books are even more. Find a good balance between profitability and an attractive price point.

When done right, self-publishing can make a big difference for your personal brand. It can even serve as an additional source of revenue that earns money on its own in addition to driving new leads to your business. By taking the time to do self-publishing right, you will make more sales and make a strong, positive impression on your readers.

Related:8 Questions To Ask Before Hiring A ConsultantPlanning to Self-Publish Your First Book? Avoid These 6 Rookie Mistakes at All Costs'Brands Are Investing In Technology' - Q&A With Richard Huang

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Planning to Self-Publish Your First Book? Avoid These 6 Rookie Mistakes at All Costs - Thehour.com

Superhot Dev Continuing To Experiment With VR, But New Game Skips Support – UploadVR

The Superhot Team indicated that there are no plans for a VR version of their upcoming new entry in the Superhot franchise, Mind Control Delete, set to release on PC, Xbox and PS4 on July 16. However, the team isnt ruling out another VR title in the future.

Mind Control Delete is described as a game built on the foundations of Superhot and Superhot VR which promises a bigger campaign, more mechanics and more skills than previous games. Even better, owners of the original Superhot game (who bought it before July 16, 2020) will receive a copy of Mind Control Delete in their library automatically upon release. Mind Control Delete has already been available in Early Access for a while, but the team says it has rebooted and redesigned core parts of the game a half dozen times since then, resulting in a better, sharper, bigger game.

Its bad news for those hoping for VR support though on Twitter the team was adamant that there are no plans for VR with Mind Control Delete at the moment.

Likely due to the popularity of the VR version of the original game, the Mind Control Delete Steam page even has a whole section of the description dedicated to whether it supports VR (or if it will in the future):

MCD is a regular, non-VR title. Its designed for conventional screens and longer play sessions. If you played and enjoyed SUPERHOT VR, youll have a blast playing the original SUPERHOT and MCD as well.

Just like making SUPERHOT VR required making an entirely new game with new mechanics, new levels, and a new story, so would our next VR game differ from MCD and everything else weve done so far. Were always working on new things, but great things take time to build. It may be a long time before were happy with the next great VR thing to show you.

That makes it sound like there could be another Superhot VR game in development. We reached out to the teams Callum Underwood, who clarified that the developer is always experimenting with VR, but has no new official product to confirm right now. We are definitely playing with cool stuff in VR but are never sure if they will end up being products or just experiments, he said.

While there may not be a VR version of Mind Control Delete on the horizon at the moment, we look forward to seeing what the team has in store for VR in the future.

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Superhot Dev Continuing To Experiment With VR, But New Game Skips Support - UploadVR