Crowley & ESVAGT Cooperate for US Offshore Wind Vessels

Source: www.gulfoilandgas.com 6/23/2022, Location: North America

Crowley and ESVAGT have executed additional joint venture agreements that further strengthen their commitment to support purpose-built, Jones Act vessel development and availability for U.S. offshore wind production.

The new agreements, which follow the original agreement between the companies in 2021, will support their joint efforts for service operation vessels (SOVs). The latest additions focus on the financial and development efficiencies in the vessel development process between the companies.

The venture was created to develop a best-in-class design and deliver wind-dedicated, U.S flag SOV vessels. Consistent with the requirements of the U.S. Jones Act, Crowley will own and operate the vessels crewed with its U.S. mariners, while Crowley and ESVAGT will share in the economics of the venture.

“The enhancement of this venture will help bring these important service operation vessels to the U.S. offshore wind market to meet the nation’s clean, sustainable energy demands,” said Crowley’s Jeff Andreini, vice president, New Energy division. “As we increase our organizations’ shared capabilities, we will help propel the continued growth of maritime and logistics solutions to help solve the nation’s vessel capacity demands in a responsible and sustainable way.”

A pioneer in the SOV concept in Europe, ESVAGT possesses an unparalleled experience in safely transferring people to offshore wind farm installations from a fleet of innovative and specialized vessels operated by highly qualified crew: ESVAGT has safely transferred more than 250,000 personnel members from SOV to offshore wind farm installations.

“ESVAGT is proud to be an active player supporting our customers in the green transition. Crowley and ESVAGT share an ambition for a sustainable future, and we’re committed to take the lead in decarbonizing the maritime industry. In ESVAGT we’re delighted and proud to be a first mover of emission free SOV’s and have ordered the world’s first e-Methanol driven SOV to be delivered in 2024. Only through innovative solutions and commercial courage it is possible to overcome the threatening climate change”, says Peter Lytzen, CEO at ESVAGT.

Through its commitment to sustainability and net-zero emissions, Crowley has expanded capabilities in the clean energy sectors. This includes announced plans to develop and operate a wind services terminal in Salem, Mass., to serve the Commonwealth Wind offshore installation and other industry services. In addition, Crowley has developed a network of certified offshore wind training programs in the U.S. The company is also building the first U.S. all-electric, zero-emissions harbor tug and developing sister platforms.


Croatia (Hrvatska) >>  8/16/2022 - The European Bank for Reconstruction and Development (EBRD) is helping to speed up Croatia’s transition to clean energy by helping to finance the cons...
Spain >>  8/16/2022 - In the north-east of Spain, in Soria, RWE is constructing its 40.8-megawatt Rea Unificado wind farm. The company is erecting nine turbines with a rate...

France >>  8/12/2022 - DEME Offshore has successfully installed the offshore substation of the Fécamp offshore wind farm, deploying ‘Orion’, the newest member of the DEME fl...
Germany >>  8/12/2022 - Keppel Corporation Limited (Keppel Corporation or together with its subsidiary, the Group) and Keppel Infrastructure Fund Management Pte Ltd (KIFM), t...

Germany >>  8/12/2022 - - The manufacture of these parts will require 800 jobs and the participation of some 30 local suppliers.
- With a capacity of 476 MW, Baltic Eag...

India >>  8/12/2022 - Siemens Gamesa has secured its first order in India with Azure Power India Private Limited (Azure Power) to supply 96 SG 3.6-145 wind turbines for a 3...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.