Ulstein readies foundation vessel design for Singapore offshore wind newcomer Cyan
Singapore-based offshore wind vessel pure-play Cyan Renewables has contracted Dutch-based Ulstein Design & Solutions, part of Norway’s Ulstein Group, to design a series of new offshore wind foundation installation vessels (FIVs).
With a shortage of specialised offshore wind support vessels, these new FIVs are needed to fill the gap and will enable Cyan to support the sector in meeting its global ambitions, Ulstein said.
Cyan was set up by infrastructure investment manager Seraya Partners last year with the aim of investing $1bn over the next three years to own, operate, and lease vessels across the offshore wind farm value chain.
“There is a dire lack of capacity and capabilities, and far too few newbuildings to even begin to meet the demand from governments and developers alike to develop the offshore wind industry,” said Torgeir Ramstad, Cyan’s managing director of FIV division, via LinkedIn, adding: “With their strong track record in heavy lift vessel design and a good understanding of the market constraints and requirements, Ulstein is the preferred partner to design our new vessels.”
The ships will feature adequate deck space and crane capacity to meet developments in foundation design, including monopiles and jackets. In addition, they will also have low emission capability, using a hybrid power system consisting of methanol dual-fuel engines, shore power and a battery energy storage system.
