Greater ChinaOffshoreRenewables

SinoOcean to convert idle drilling rigs for offshore wind turbine installation

Photo of Jason Jiang Jason JiangFebruary 8, 2021
3,810 Less than a minute

SinoOcean, the idle offshore assets management platform set up by major Chinese state-run offshore builders, has entered into an agreement with Power Construction Corporation of China for the bareboat charter of two jackup rigs and three AHTS vessels for offshore wind farm installation operations.

As part of the agreement, SinoOcean will convert the two jackup rigs into wind turbine installation platforms, which will be used for wind farm development in Yangjiang, Guangdong province.

The conversion project is the first of its kind in China.

Since establishment in 2019, SinoOcean has sold and chartered out a series of offshore assets including drilling rigs and OSVs.

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Photo of Jason Jiang Jason JiangFebruary 8, 2021
3,810 Less than a minute
Photo of Jason Jiang

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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