A trio of companies have teamed up in order to build a series of “next generation, state of the art” wind turbine installation vessels.
It was announced today that JP Morgan Global Alternatives, in cooperation with Havfram, have signed a letter of intent with CIMC-Raffles, part of the Chinese CIMC Group, to construct the ships.
Expected to hit the market in 2024, the first vessels will be built at CIMC-Raffle’s Yantai yard in China.
The plan is to operate several ships in the global offshore wind market, with both traditional jack-ups for turbine installation as well as a cost-effective feeder-solution for the US market in particular.
The vessels have been designed and created by an experienced offshore wind team focusing on installation efficiency, in partnership with Gusto MSC.
There has also been “close collaboration” with leading offshore wind developers and turbine suppliers.
Designs have incorporated green technologies and lessons learned from more than a decade of experience from wind turbine installation vessels and offshore wind construction.
Havfram, of Noroway, is a reputed offshore marine construction company and is known for its subsea construction capabilities and completion track record.
JP Morgan’s Global Transportation group is an active developer, owner and operator of a broad range of assets and boasts a fleet of over 100 vessels.
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