Singapore offshore marine service provider PACC Offshore Services (POSH) and Taiwan-based logistics firm Kerry TJ Logistics are setting up a joint venture company, POSH Kerry Renewables, in Taiwan to provide an integrated solutions platform for offshore wind farm developers, EPCI contractors and wind turbine manufacturers.
POSH Kerry will provide a comprehensive portfolio including the end-to-end transportation of wind turbines and components as well as diversified marine solutions during the installation, operations and maintenance of offshore wind farms in Taiwan.
“We are excited to enter the offshore renewables sector with Taiwan’s largest logistics provider Kerry TJ Logistics. Our unique platform will provide clients in the Taiwan offshore renewables sector a comprehensive suite of supply chain and offshore marine solutions that can be configured to meet their specific requirements,” said Lee Keng Lin, deputy CEO of POSH.
Additionally, POSH Kerry signed a MOU with Rolls-Royce to explore suitable designs for walk-to-work and services operations vessels specific to offshore wind operations.
Taiwan is becoming the next battleground for the world’s top offshore wind developers as the government is making a big push to attract investments in renewable technology. The Taiwanese government has an offshore wind target of 5.5GW and a renewable energy target of 20%, both by 2025. To date, Taiwan has just 8MW of installed offshore wind capacity.