Monday, November 28, 2022

Edda Wind’s fleet growing to ten vessels

Edda Wind is placing another ship order and the fleet will increase to ten vessels. The company today announced that it has ordered another Commissioning Service Operation Vessel (CSOV) from Gondan Shipbuilders (“Gondan”), Spain. This will be vessel number six in the series built at Gondan in addition to the existing vessels Edda Passat and Edda Mistral delivered by the same yard in 2018. The vessel will be prepared for instalment of zero-emission technology in the same way as for her sister vessels, based on support from Enova. The vessels are specially designed for service operations during the commissioning and operation of offshore wind farms.

Edda Wind has a strong track record and has been operating in the wind segment since 2015. Including the latest newbuild, the company will have a fleet of ten purpose-built vessels, of which six are contracted with key clients like Ørsted, Vestas, Ocean Breeze, SSE and SiemensGamesa.

The newbuild will be of Salt 0474 design, which is a further development of the Salt 0217 design and will be delivered in April 2025. In addition, the company has an option with the yard for one more vessel.

“Ordering another CSOV will further strengthen Edda Wind’s leading position within offshore wind. Building a series of vessels like this, with the experience and knowledge we have from the vessels currently under construction, gives us an advantage both with regards to shipbuilding cost and later during operation. The industry has experienced an increase in shipbuilding prices of about 20 % in just a year. Therefore, we are satisfied having placed an order that represents a total ready for sea cost in the low Eur 60’s million. This includes a high specification in line with Edda Wind’s philosophy, e.g., Hydrogen-ready, Voith Schneider propulsion, highest standard of accommodation as well as extensive energy optimization solutions to increase energy efficiency and reduce emissions. The equity portion of this investment is fully funded as part of the capital raise done during the IPO. Tremendous growth is expected in the offshore wind market over the next decades. Edda Wind has a clear ambition to grow the fleet beyond the ten vessels already ordered to maintain its position as a leading C/SOV company.” says Kenneth Walland, CEO of Edda Wind.

“The main design objective is to build the most environmentally friendly vessels without compromising operational capabilities. The vessel design will reduce emission of greenhouse gases significantly. The vessels will also be prepared for future zero-emission operations based on Enova support. This technology is based on Liquid Organic Hydrogen Carrier (LOHC), which will ensure safe and efficient use of hydrogen as an energy source” says Kenneth Walland.

About the vessels

“The vessel will be the eighth vessel in the Edda Wind fleet delivered by Gondan. They are an excellent shipbuilder, we know their capabilities very well, and the yard has proven to deliver the quality we require. Therefore, we are very pleased to sign another contract with them”. says Walland.

The 89.3 meters long vessel will function as mother ship for wind turbine technicians as they perform commissioning and maintenance work on the wind turbines. Comfortable cabins and high-standard common areas can accommodate up to 97 technicians and 23 marine crew onboard. Anti-heeling and roll reduction systems will provide good working conditions onboard. The motion-compensated gangway system will ensure safe and optimal connections to the turbines, even in harsh weather conditions. The design is optimised for an efficient logistical operation for the turbine technicians.

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