Cyan Renewables to build offshore wind vessel at China Merchants shipyard
Singapore-based Cyan Renewables has signed a Letter of Intent (LoI) for a wind turbine installation vessel construction with China Merchants Heavy Industry (CMHI).
Keng Lin Lee, CEO of Cyan Renewables said: “As one of the largest shipyards in the world, CMHI has a strong track record in building offshore wind vessels especially wind turbine installation vessels (WTIV). This MoU opens up a new chapter for future partnerships and we are excited about the opportunities it will unlock for our clients and customers.”
“We are thrilled to embark on this partnership with Cyan Renewables and support them in their mission to facilitate the world’s transition towards a greener future. With an experienced and visionary management team at the helm, we are confident that CMHI and Cyan will chart a new course in maritime together," said an official from China Merchants Heavy Industry.
It is the second wind turbine installation vessel Cyan Renewables plans to build in the Chinese shipyard. Earlier this year, Cyan Renewables signed a letter of intent with Cosco Shipping Heavy Industry to construct a foundation installation vessel.
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