Denmark’s offshore delivery firm ESVAGT is coming into the Korean offshore wind market via a strategic partnership with home delivery agency, KMC Line.
ESVAGT and KMC Line have signed a letter of intent to cooperate in unlocking the potential for renewable power manufacturing in South Korea.
“We now have little doubt that ESVAGT and KMC Line current a compelling providing. By combining KMC Line, a good delivery firm with a robust presence in Korea, and ESVAGT’s experience in Europe as a number one SOV operator, we are able to supply the rising Korean offshore wind business a first-class service,” stated Peter Lytzen, CEO of ESVAGT.
James Jonghoon Kim, CEO of KMC Line, stated that combining the 2 delivery corporations’ respective strengths is the brand new partnership’s strongest card to safe a big market place within the creating offshore worth chain in Korea.
KMC Line at present has twelve vessels in its fleet, together with heavy and mission cargo carriers, ro-ros, and bulkers.
Newest information
By way of different latest information coming from ESVAGT, the corporate was awarded a contract final month to service Vestas at Ecowende’s Hollandse Kust West offshore wind farm within the Netherlands. The agency initiated the method of designing and constructing the brand new service operations vessel (SOV).
Relating to South Korea, the nation has a goal of reaching 14.3 GW of offshore wind energy by 2030.
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