Awilco affiliate Integrated Wind Solutions (IWS) has booked two more two walk-to-work commissioning service operations vessels (CSOV) at China Merchants Industry Holdings for delivery in Q2 2025.
The latest order, worth €105m ($114.2m), will take the IWS fleet to six identical Skywalker class vessels, with options secured for an additional two CSOVs.
Meanwhile, changes to the delivery schedule of the first two vessels are expected. “It has been agreed with the charterer of the first vessel, IWS Skywalker, that it will commence its contract in Q4 2023. The company expects the second vessel, IWS Windwalker to be ready for commercial operations in early Q1 2024. The revised delivery schedule will have a minor financial impact on the company,” IWS said in a filing.
In addition, the company has raised NOK 350m ($35.5m) via private placement to finance yard payments.
