Jones Act compliant SOV design. Photo courtesy Vard Edda Mistral. Photo courtesy Gondan
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.
As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States,” shows the anticipated growth trajectory. Service Operations Vessels (SOVs), which can commission and/or maintain turbines, are central to the plan, and Philip Lewis, Director of Research, WER’s, explains that SOV’s are deployed for several functions:
Edda Wind orders two additional vessels and prepares for IPO
Wilhelmsen and Østensjø each own 50% of Edda Wind. Anticipating long-term growth for the renewable energy sector, the company has placed an order for two additional Commissioning Service Operation Vessels (CSOV), bringing its fleet up to eight.
Launched in 2018, Edda Wind owns and operates service vessels supporting the maintenance work conducted during the commissioning and operation of offshore wind parks.
“The Wilhelmsen group’s strategy is very clear, to further expand into renewables, by working together with partners, and leveraging our expertise and assets. So, finding an opportunity like this to work with Østensjø and invest in Edda Wind, a growing company, rapidly expanding its fleet with future-focused emission free vessel technologies is ideal,” says Thomas Wilhelmsen, CEO of the Wilhelmsen group.