Norwegian offshore wind contractor Edda Wind has secured work from wind turbine maker Vestas for its commissioning service operation vessels in 2024 and 2025.
The Oslo-listed company said the contracts total a minimum of 750 days of firm work with options for extension of each work scope.
The deals have been signed at rates above levels recorded in recent years and within the range of dayrates forecasted by analysts, Edda Wind added in a filing on Tuesday.
The company currently owns and operates a pair of offshore wind service operation vessels and one chartered-in frontrunner. At least 12 additional newbuilds are set to join the fleet in the coming years, of which 10 CSOVs. Ships for the latest contracts are to be nominated at a later stage.
