Norwegian owner OHT believes it has timed its move into offshore wind shipping perfectly, as it works to firm up a second new wind turbine installation vessel (WTIV).
A contract for the $230m WTIV Vind 1 was confirmed in November at China Merchants Industry Holdings (CMHI) for delivery in mid-2023.
Basic design is well underway, with the focus now on working with the yard and designer to maximise payload by reducing component and material weights as much as possible, the Arne Blystad-backed owner said.
