Singapore’s Cyan Renewables has got its hands on its first offshore wind farm ship.
The start-up, backed by Seraya Partners, has bought the 62-loa diesel-electric service operation vessel (SOV) Groenewind (built 2021) from DEME Offshore in Belgium.
No price was revealed for the ship.
The Turkish-built hull is designed and optimised for performing safe transfers of service technicians to offshore turbines in all weather conditions.
Workers can access turbines in wave heights of up to three metres.
The design drives down maintenance, construction and fuel costs, making it more sustainable to operate, Cyan said.
The company has also acquired the vessel design rights, which will allow the construction of future vessels of the same type.
Cyan has a charter for 15 years to operate the ship in support of Siemens Gamesa Renewable Energy’s three offshore wind farms in Belgium, which produce enough energy to power 800,000 homes annually.
The SOV will be managed from Cyan’s European headquarters in Esbjerg, Denmark.
Chief executive Lee Keng Lin described the deal as an “important milestone”.
Critical first step
“It marks a first but critical step towards building our portfolio of offshore wind assets, as we work towards our vision of being the catalyst for a greener tomorrow — built on sustainable, renewable energy,” he added.
“As we build our portfolio to become a world-leading offshore wind vessel owner, we look forward to more collaboration with other developers.”
In April, Cyan headed to China for its first offshore wind ship order.
It has signed a letter of intent for an Ulstein Design-developed foundation installation vessel at Cosco Shipyard.
Cyan, founded in the third quarter of 2022, is plotting a $1bn spend over three years to make a splash in wind shipping.
This will include cable-layers, wind turbine installation vessels and SOVs.
