North Star has secured debt investment of up to $543 million (£425 million) to fuel the next phase of its European offshore wind expansion, setting the target to add 40 hybrid service operation vessels (SOVs) to its fleet by 2040.The committed financial package of $287 million (£225 million) includes term facilities from existing lender, IFM Investors, and committed capex and working capital resources from banks including ABN AMRO (sustainability co-ordinator)…
North Star has secured a contract with Siemens Gamesa to build a hybrid service operations vessel (SOV) bound for long-term charter at the East Anglia THREE offshore wind farm in UK.Cochin Shipyard has been confirmed to build the SOV of VARD 4 19 design for North Star’s growing fleet…
At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time…
Danish shipowner CBED has signed a contract with Siemens Gamesa for the first offshore wind project for its new SOV Wind Creation as part of the CBED fleet.With the new walk-to-work project, the SOV joins commissioning an offshore wind farm in the Netherlands…
Norwegian firm Brunvoll has been selected as a supplier of the propulsion and maneuvering system for one of Esvagt’s new offshore wind service operation vessels (SOV).Esvagt’s new SOV will be controlled by Brunvoll’s propulsion and thruster control system…
Bibby Marine has secured a three-year contract extension with long-standing client TotalEnergies EP Nederland for its ‘walk-to-work’ service operation vessel (SOV) Bibby WaveMaster 1.The three-year charter extension will begin in the first quarter of 2025…
Danish vessel owner Esvagt and South Korea-based shipping company KMC Line have formed strategic partnership to cooperate on offshore wind opportunities in the East Asian country.A new collaboration between Esvagt and KMC Line, formalized through the signing of the letter of intent…
Northern Offshore Services (N-O-S), part of Northern Offshore Group (N-O-G), has integrated Mareel within the company as N-O-S Ltd, simultaneously adding its 16 crew transfer vessels (CTV) to the fleet.The move marks an important step toward…
Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a hybrid power service operation vessel (SOV) for the Taiwanese company Cyan Renewables.The news comes after Siemens Gamesa awarded…
Cyan Renewables, a portfolio company of Seraya Partners, will build Siemens Gamesa’s first service operations vessel (SOV) in Asia to facilitate the servicing of wind turbines for the Hai Long offshore wind projects in Taiwan.Siemens Gamesa awarded a 15-year charter contract to Cyan Renewables…
Danish shipowner CBED has signed a contract with Hughes Subsea, a subsidiary of OEG Energy, for Wind Evolution’s first offshore project, just three weeks after acquiring the service operation vessel (SOV).With the new walk-to-work contract,…
Danish vessel owner Esvagt has secured a service contract with Vestas for Ecowende’s Hollandse Kust (west) offshore wind farm in the Netherlands, and started the process of designing and building the new service operation vessel (SOV).The newbuild will be the sixth purpose-built SOV for Vestas…
Danish shipowner CBED has acquired two SOVs which are expected to be delivered end of Q1 2024. Following delivery from seller, Dutch-based shipping company Vroon, both Wind Evolution (formerly Vos Start) and Wind Creation (formerly Vos Stone) will be dry-docked for refurbishing…
UK-based offshore vessel designer Chartwell Marine has partnered with a designer and shipbuilder of specialized vessels, VARD, to introduce the Midi-SOV: a 'revolutionary' 55-meter offshore wind craft. 'Coming to both the US and European markets in 2024…
James Fisher and Sons plc and Graig Shipping PLC unveiled a new service operation vessel (SOV) design concept, the Ulstein Twin X-Stern named ULSTEIN SX221 Diamond SOV to support the UK’s target of 50GW of offshore wind energy generation by 2030…
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