UK-based crew transfer vessel (CTV) owner Tidal Transit has signed a memorandum of understanding with Britoil Offshore Services (Singapore) and Sky Offshore (South Korea) to develop, fund, build and operate offshore support vessels for the South Korean offshore wind industry.
The supplier of purpose-design crew transfer vessels (CTVs) for the offshore wind industry, Tidal Transit, teamed up with the companies to support the growing offshore wind industry in South Korea.
South Korea has made significant progress in the development of its offshore sector and has set a nationwide goal of reaching 14.3 GW of offshore wind capacity by 2030.
The Korean Ministry of Trade, Industry and Energy is launching a number of key initiatives aimed at stimulating sector growth and strengthening the renewable energy capacity of the country.
Leo Hambro, director at Tidal Transit, said: “South Korea is fast becoming a major hub for offshore wind, and this new venture with Britoil and Sky Offshore will enable us to leverage our combined decades of experience and expertise to more quickly and effectively respond to upcoming tenders as the sector continues to grow.”
Photo credit: Tidal Transit
“At Tidal Transit, we’ve been operating at the very forefront of UK and European offshore wind. Through our collaboration with leading international players Britoil and Sky Offshore, we’re now poised to expand our horizons and establish ourselves as frontrunners in the evolving South Korean offshore wind industry.”
