Offshore staff
SINGAPORE — Mooreast Holdings subsidiary, Mooreast Asia, plans to acquire a 98,919-sq-m site from Seatrium to scale up fabrication for the floating offshore renewable energy sector.
The high-power anchor mooring solutions provider has secured an option from Seatrium New Energy to purchase 60 Shipyard Crescent and to start operations at the new facility by the end of 2024.
It adjoins Mooreast’s existing 30,691-sq-yard at 51 Shipyard Road, said to be one of the world’s largest drag anchor manufacturing sites with in-house fabrication capabilities.
The enlarged facility would increase the company’s production capacity fourfold, allowing it to produce subsea foundations to support 1.5 GW to 2 GW of floating offshore wind energy per year, compared with 0.5 GW currently.
The new site will build subsea foundations and serve as a logistics hub for holding, staging and assembly of equipment and blocks. It will also enable Mooreast to manage and execute larger-scale projects.
Its 865-m water frontage will accommodate specialist vessels for mobilization/demobilization for offshore projects globally.
Earlier this month, Mooreast also formed Mooreast Taiwan, having established Mooreast UK in July 2022.
The company has won projects to supply its proprietary anchors to a pilot floating offshore wind farm in southern France and to povide buoys to Japan’s first commercial-scale floating wind farm.
06.21.2024
