The order book for the wind sector just continues getting larger and larger, even as companies continue not to make much money. Wind is the Augustus Gloop segment of offshore, gorged on investment, like the character in Roald Dahl’s Charlie and the Chocolate Factory, but liable to fall into a...
Integrated Wind Solutions
Sumitomo Corporation to acquire stake in Norwegian CSOV operator
Norway’s Integrated Wind Solutions and Japanese integrated trading company Sumitomo Corporation have entered into a strategic partnership agreement through IWS’ vessel-operating subsidiary IWS Fleet wherein Sumitomo will acquire partial ownership of IWS Fleet. IWS Fleet, which operates commissioning service operation vessels (CSOVs) that cater to the offshore renewables market, will raise €60 million (US$65 million) […]
The post Sumitomo Corporation to acquire stake in Norwegian CSOV operator...
VESSEL REVIEW | IWS Skywalker – Hybrid walk-to-work vessel for Norwegian offshore wind support specialist
China Merchants Heavy Industry (Jiangsu) has handed over the first commissioning service operation vessel (CSOV) in a series of six ordered by Norwegian offshore support company Integrated Wind Solutions (IWS) for operation by its subsidiary IWS Fleet. The DNV-classed, Kongsberg Maritime-designed IWS Skywalker has an LOA of 91 metres, a beam of 19.6 metres, a […]
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Offshore Vessel News Roundup | November 30 – Hydrogen-powered service operation vessels plus UK-designed crewboats to be built in Asia
This latest roundup focuses on the offshore wind support sector. Construction is nearly complete on a new servicing and maintenance vessel for a Norwegian owner while wor ..
COLUMN | Offshore wind update: Ziton refinances, Esvagt pays big, Acta announces newbuilds, Edda delivers, Norwind and IWS exercise options [Offshore Accounts]
This month Europe has sweltered under a heat wave, with temperatures crossing forty degrees Celsius in many parts of Spain. So too, the heat has returned to the offshore ..
Bourbon, IWS Fleet to jointly serve French offshore renewables market
Bourbon Offshore has entered into a strategic partnership with IWS Fleet, the vessel owning company of Norway-based Integrated Wind Solutions, to address the needs of the ..
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Two more IWS CSOVs will feature Kongsberg Maritime equipment packages
Oslo-headquartered Integrated Wind Solutions (IWS) has ordered two more Skywalker class walk-to-work commissioning service operations vessels (CSOVs). The vessels are scheduled for delivery in first half 2024 from China Merchants Industry, Hong Kong. Currently IWS has two identical vessels on order for delivery in 2023 and option agreements for up to two additional vessels for potential second-half 2024 delivery.
The firm shipyard price for the two just-ordered vessels is about EUR 48 milion...
Work Boat World Offshore Vessel Orders and Deliveries Roundup – March 11, 2022
Offshore wind-optimised vessels such as crewboats, maintenance vessels, and cable-layers are the focus of this week’s summary of orders and deliveries. Sentinel Mar ..
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First steel cut for IWS Fleet’s newest windfarm SOV
China Merchants Heavy Industry (CMHI) has cut the first steel for a new service operation vessel (SOV) for IWS Fleet, the vessel operating subsidiary of Norwegian company ..
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COLUMN | Quick wind updates; Seaway7 and OHT; Awind consolidation; Cadeler newbuilds; Triumph’s cancellation; Ørsted and Equinor’s profit warnings [Offshore Accounts]
It’s been two months since we last covered the investment frenzy that is the offshore wind industry (here). And those two months have been packed with news, as competit ..