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Home›Business & Finance›Bernhard Schulte, MidOcean Wind Set Up US Offshore Wind Joint Venture
Business & Finance

October 25, 2019 · about 7 years ago

Bernhard Schulte, MidOcean Wind Set Up US Offshore Wind Joint Venture

Bernhard Schulte Offshore (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the U.S. offshore wind industry. According to the parties, the Connecticut-based joint venture signals a new chapter of cooperation which began in late 2018 when BSO and

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Bernhard Schulte Offshore (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the U.S. offshore wind industry.

According to the parties, the Connecticut-based joint venture signals a new chapter of cooperation which began in late 2018 when BSO and MOW partnered in WINDEA Offshore US to provide a single point of contact for offshore wind customers in the U.S.

Within the joint venture, BSO and MOW also intend to explore opportunities in other sectors of U.S. merchant shipping.

“Wind farm owners and turbine manufacturers will be able to reduce their risks by working with our team,” said Bradley Neuberth , Vice President at MOW.

“MidOcean will ensure the vessels will be Jones Act compliant and delivered as agreed. Bernhard Schulte Shipmanagement as the operator of the ships will bring the learnings of the European wind farm projects into the U.S. market. We have been working closely with the Schulte Group for more than a year and the time is right to formalise our partnership on offshore wind vessels.”

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