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Wilhelmsen Takes Stake in Offshore Wind Service Firm

17 Sept 2020

Wilhelmsen is investing in the wind farm service sector by taking a 25 percent stake in Edda Wind, an operator of maintenance service vessels for offshore wind developments. Norwegian shipowner Østensjø Rederi will continue to manage the Edda Wind fleet.

Edda Wind has two vessels already in service and four more are on order. Long-term charter agreements with MHI Vestas and Ocean Breeze Energy are in place for two of the newbuilds.

Part floatel, part supply ship, the new vessels will accommodate up to 97 technicians at a time, along with 23 crewmembers. The ships will be fitted with anti-heeling and roll reduction systems to provide a stable working platform, along with a motion compensated gangway system (walk-to-work gangway) to deliver workers onto wind towers.

The four newbuilds have also been designed to be fitted with hydrogen propulsion technology in the future. These "hydrogen-ready" elements include tank systems for hydrogen storage, machinery space for fuel cells, a hybrid-electric battery system and a range of energy saving design measures.

“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,” said Thomas Wilhelmsen, CEO of the Wilhelmsen group, in a statement Tuesday.

“Having two strong owners like Østensjø and Wilhelmsen will be a huge advantage for Edda Wind, taking into account the growth that is expected in the offshore renewable market over the next years,” said Kenneth Walland, CEO of Edda Wind and Østensjø Rederi.

Wilhelmsen has the option to acquire an additional 25 percent stake in the firm by mid-2021.

BY THE MARITIME EXECUTIVE 09-16-2020 02:06:05

 

Comments (0)


Today
8:03am
Hi Jenna! I made a new design, and i wanted to show it to you.
8:03am
It's quite clean and it's inspired from Bulkit.
8:12am
Oh really??! I want to see that.
8:13am
FYI it was done in less than a day.
8:17am
Great to hear it. Just send me the PSD files so i can have a look at it.
8:18am
And if you have a prototype, you can also send me the link to it.

Monday
4:55pm
Hey Jenna, what's up?
4:56pm
Iam coming to LA tomorrow. Interested in having lunch?
5:21pm
Hey mate, it's been a while. Sure I would love to.
5:27pm
Ok. Let's say i pick you up at 12:30 at work, works?
5:43pm
Yup, that works great.
5:44pm
And yeah, don't forget to bring some of my favourite cheese cake.
5:27pm
No worries

Today
2:01pm
Hello Jenna, did you read my proposal?
2:01pm
Didn't hear from you since i sent it.
2:02pm
Hello Milly, Iam really sorry, Iam so busy recently, but i had the time to read it.
2:04pm
And what did you think about it?
2:05pm
Actually it's quite good, there might be some small changes but overall it's great.
2:07pm
I think that i can give it to my boss at this stage.
2:09pm
Crossing fingers then

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