Wind energy – newbuilding
Last week it was announced today that institutional investors advised by J.P. Morgan Global Alternatives, in cooperation with Havfram, have signed a letter of intent with CIMC-Raffles to build a series of next generation wind turbine installation vessels.
These vessels will be offered for market entry in 2024.
The first vessels will be built at CIMC-Raffle’s Yantai yard in China for delivery in 2024. The plan is to operate several vessels 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 WTIVs have been designed and created by an experienced offshore wind team focusing on installation efficiency in partnership with Gusto MSC as ship designer and in close collaboration with leading offshore wind developers and turbine suppliers.