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Marco Polo Marine has joinded forces with Namsung Transport and HA-Vitality to pursue offshore wind vessel operations in South Korea.
A memorandum of understanding marks a milestone entry for the Singapore-based firm into one other main offshore wind market in Asia on the again of its growth into Taiwan and Japan.
Namsung, greatest often known as an intra-Asia operator, is South Korea’s legacy personal delivery line, which not too long ago expanded into the offshore wind as a strategic investor within the 1.5 GW fixed-bottom 100 wind turbine Chujin undertaking. HA-Vitality is a multi-discipline firm in Korea, providing engineering, development and commissioning providers for numerous offshore platforms and marine vessels.
Marco Polo Marine mentioned the events would work collectively to personal and function ships reminiscent of crew switch vessels, service operation vessels and commissioning service operation vessels.
Sean Lee, CEO of Marco Polo Marine, mentioned: “We’ve got lengthy anticipated Korea to be a key revenue-driving marketplace for Marco Polo Marine, and due to this fact, we’re extraordinarily excited to affix forces with a number of the area’s most skilled maritime firms, Namsung and HA-E. The collaboration places us in an amazing place to deliver collectively our experience in offshore wind vessels and faucet into our native companions’ deep information of the Korean market.”
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