Cyprus-based shipping fund Pelagic Partners has confirmed it is behind India’s first order for commissioning service operation vessels (CSOVs).
The company, set up two years ago by Hartmann Group chief executive Niels Hartmann and Atef Abou Merhi, said it is expanding into offshore wind by launching its third fund, called Pelagic Wind Fund.
Pelagic has contracted two firm CSOVs and four optional vessels at Cochin Shipyard in a deal worth more than €350m ($352m).
