Havfram, J.P. Morgan commission wind turbine installation vessels

Nov. 24, 2021
The first vessels will be built at CIMC Raffles’ Yantai yard in China for delivery in 2024.

Offshore staff

STAVANGER, Norway – J.P. Morgan Global Alternatives and Havfram AS have signed a letter of intent with CIMC Raffles to build a series of wind turbine installation vessels (WTIV).

The first vessels will be built at CIMC Raffles’ Yantai yard in China for delivery in 2024.

According to Havfram, the plan is to operate several vessels in the global offshore wind market with both traditional jackups for turbine installation as well as a feeder solution for the US market.

The company added the WTIVs have been designed with partner GustoMSC and in collaboration with offshore wind developers and turbine suppliers.

11/24/2021