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A  unique  aspect  of  floating  structures  is  that,  in  addition  to  the  applied

               functional  deck  gravity  loads and environmental  forces acting on the body,  it  is

               necessary to determine the inertial loads due to acceleration of the body in motion.

               A floating structure responds dynamically to wave, wind and current forces in a

               complicated way involving translation and rotation of the floater.

                   Thus, while fixed structures in shallow and moderate water may be designed

               by applying the laws of static equilibrium to the structure, most fixed structures in

               deep  water  and  all  floating  structures  require  the  application  of  the  laws  of

               dynamics.  Weight  control  is  more  important  to  the  design  of  floating  structures

               than to the fixed structures.

                   Mooring  and  station-keeping  are  unique  requirements  of  floating  structures.

               “Mooring” refers to the  means  for providing a connection between the structure


               and the seafloor for the purposes of securing the structure against environmental
               loads. “Station-keeping” is a term used to define a system for keeping the facility


               within a specified distance from a desired location. This is typically a requirement
               of drilling or riser connections to the seafloor, or for running equipment to the sea


               floor.  The  station-keeping  requirement  may  be  achieved  by  means  of  mooring
               lines, which may be adjustable. or by means of a dynamic positioning system using


               thrusters, or a combination of the two.

                   Another unique characteristic of the floating structure is that typically it can be

               decommissioned readily and moved to another site for reuse. A decommissioned

               fixed platform has to be removed in whole or in part, requiring the use of heavy lift

               equipment and the reverse of the installation procedure. Typically, such a structure

               has to be taken to shore for use as scrap steel or possibly  modified and given a

               second life. Thus, the capital expenditures (CAPEX) for fixed platforms need to

               allocate substantial sums to cover future decommissioning costs.

                   2.2 Classification of Loads.

                    “Metocean”  refers  to  the  combined  effect  of  the  meteorology  and

               oceanography.
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