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Singapore offshore vessel participant and shipyard Marco Polo Marine has formally secured the primary contract for its specialised offshore wind commissioning service operation vessel (CSOV) newbuilding.
The corporate has signed a framework settlement with Danish wind turbine maker Vestas, following a memorandum of understanding in December 2022 between its Taiwan-based subsidiary, PKR Offshore and Vestas Taiwan.
“The formalisation of our partnership with Vestas marks a essential milestone in our efforts to faucet into accelerating demand for help vessels from the area’s offshore wind farm trade,” stated Sean Lee, CEO of Marco Polo Marine.
The brand new CSOV, which might accommodate as much as 110 individuals, can be deployed throughout numerous offshore wind farms within the Asia Pacific area over three years, based mostly on a minimal utilisation dedication per yr.
The vessel is presently below development at Marco Polo Shipyard in Batam, Indonesia, and is predicted to enter service within the East China Sea within the second half of 2024.