Damen Receives Another Vessel Order from Taiwanese Company

Business & Finance

June 28, 2024, by Adnan Memija

The Netherlands’ Damen Group has signed a contract with Ta San Shang Marine (TSSM) for the construction of a new service operation vessel (SOV) that will serve offshore wind farms in Taiwan.

The SOV will be built at the Damen shipyard in Vietnam and is slated for delivery at the end of 2026.

This is the third newbuild SOV for TSSM, a joint venture between Mitsui O.S.K. Lines (MOL) and Ta Tong Marine (TSS), following the TSS Pioneer, the first newly built SOV in Asia, and the TSS Cruiser, which was ordered last November and is scheduled for delivery at the end of next year.

“Last year, we welcomed TSSM into the Damen-family with the CSOV9020 “TSS Cruiser” and since then we have further strengthened and intensified our relationship. We expect that with the two new CSOV9020, TSSM will further strengthen its position in the Taiwanese and Asia-Pacific offshore wind market – with the full support from our side,” said Arnout Damen, Damen Shipyards CEO.

The vessel, also a Taiwan-flagged SOV, is designed to be methanol-ready as a future fuel, just like its sister ship, the TSS Pioneer, which was delivered in 2022.

The ship will measure 87.7 metres in length and 19.7 metres in breadth, accommodating up to 120 people.

The SOV is designed to support offshore wind farms in Taiwan, which are planned to be built and become operational in the late 2020s.

“We are pleased to have placed an order for TSSM’s third SOV. We are confident that the SOV will not only make TSSM the dominant SOV player in Taiwan, but will also serve as a stepping stone for the development of MOL’s SOV business in Asia, including Japan,” said Masayuki Sugiyama, MOL Executive Officer.