Fred. Olsen Windcarrier and Falcon Global, a subsidiary of Seacor Marine Holdings, have reached an agreement to collaborate in the US offshore wind market.
Under the agreement, each company will exclusively contribute vessels and marine/installation crew to the market and operate a full spread of offshore wind installation and feeder vessels. The combination of Fred. Olsen Windcarrier’s fleet of wind turbine installation vessels and the Flacon Global fleet will create a marine spread capable of installing the largest turbines in the market. The Falcon Global vessels will form a feeder-solution of up to four vessels depending on installation parameters.
“This agreement is not only the first significant announcement for our investment in Falcon Global, but also a major milestone for Seacor Marine, as we continue to implement our strategy of diversifying our customer base outside of oil and gas markets, and expanding in windfarm services where we already have a substantial presence with Windcat Workboats in Europe,” said John Gellert, president and CEO of Seacor Marine Holdings.
“The two companies combine the best of US marine expertise and Jones Act compliant liftboats with European offshore wind know-how and class leading jack-up vessels for the upcoming US offshore wind farms. This unique combination of available assets and experience in an exclusive agreement will enable installation of multi megawatt offshore turbines in the US, bringing business case certainty to the developers. We are proud to team up with Falcon Global and Seacor Marine in an exclusive agreement to make this happen,” commented Ketil Arvesen, vice president of Fred. Olsen Ocean.