Fred. Olsen Ocean and Teekay Offshore Partners have formed a joint venture to develop a new vessel design for the offshore wind market.
The two companies said they will co-develop a vessel that allows technicians to access wind turbines in higher sea states at a lower cost.
John B. Andersen, vice president of business Development at Fred. Olsen Windcarrier and leader of the new initiative, commented: “We are very excited to work with Teekay and we see great potential in developing a vessel that fills the gap between crew transfer vessels (CTVs) and service operations vessels (SOVs) in the offshore wind space.”
The new vessel is being heralded as a game changer and sea trials are scheduled to start at the beginning of 2017.