Edda Wind Orders More Commissioning Service Operation Vessels

Edda Wind has ordered three more Commissioning Service Operation Vessels (CSOV) in addition to the six vessels the company has under construction.

The vessels are specially designed for service operations during the commissioning and operation of offshore wind farms.

The three CSOVs will be prepared for the installation of zero-emission technology in the same way as the first six vessels, based on funding from Enova.

Including the three latest newbuildings, the company will have a fleet of eleven purpose-built vessels, of which six are contracted on mid- to long term contracts with clients like Ørsted, Vestas, Ocean Breeze, SSE, and Siemens Gamesa.

Of the latest newbuilds, one vessel will be built at Astilleros Gondan in Spain, and two vessels will be built at Colombo Dockyard PLC in Sri Lanka. In addition, the company has options with the yards to build more vessels.

”Ordering another three purpose-built CSOVs will further strengthen Edda Wind’s leading position within offshore wind. By building a series of vessels like this, and with the experience and knowledge we have from the vessels currently under constructions, we are able to acquire these vessels at competitive prices. Tremendous growth is expected in the offshore wind market over the next decades, and the move is a clear signal on Edda Wind’s ambition to be a world-leading provider in this segment,” said Kenneth Walland, CEO of Edda Wind.

Edda Wind was listed at Oslo Stock exchange in the fourth quarter of 2021 through a substantially oversubscribed IPO, raising almost NOK 1 billion (EUR 100 million) in new capital.

”This latest investment delivers on the growth strategy, capitalizing on the position Edda Wind has built with clients, yards and other stakeholders and further strengthening our position as the leading pure-play offshore wind vessel provider,” Walland said.

The CSOV to be built at Gondan with Salt 0217 design has a planned delivery in July 2024. The vessel will be a sister vessel of the four vessels already under construction at Gondan.

”The vessel will be number eighteen ordered by companies with relation to the Østensjø Group, including seven Edda Wind vessels. With this track record, it is needless to say that we consider Gondan to be an excellent ship builder. We know their capabilities very well, and the yard has proven to deliver the quality we require and are very happy to enter into a new contract with them,” Walland said.

The two newbuilds at Colombo will be of Salt 0425 design, which is a further development of the Salt 0217 design. The first vessel will be delivered in January 2024 and July 2024.

Edda Wind will also utilize the services and experience of Østensjø Rederi as project manager, including on-site building supervision.

The 89.3-metre vessels will function as mother ships for wind turbine technicians as they perform commissioning and maintenance work on the wind turbines. Cabins and common areas can accommodate up to 97 technicians and 23 marine crew onboard.

Norwegian suppliers will deliver a major part of the vessel’s main systems, amounting to about 30 per cent of the total deliveries at Gondan and about 40 per cent of the total deliveries at Colombo, the Norway-based Edda Wind said. The vessels will be delivered under the Norwegian flag.

”The main design objective has been to build the most environmentally friendly vessels without compromising operational capabilities. The vessel design will reduce emission of greenhouse gases significantly. Edda Wind continues the collaboration with Hydrogenious LOHC Maritime AS and prepares the vessels for future zero-emission technology. The technology, which is based on funding from Enova, is based on Liquid Organic Hydrogen Carrier (LOHC), which will ensure safe and efficient use of hydrogen as an energy source,” said Walland.

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