Bold Tern to support Yunlin installation

In: Vessels
Fred. Olsen Windcarrier (FOWIC) is supporting Siemens Gamesa Renewable Energy (SGRE) with extended vessel capacity by temporarily mobilising a second installation vessel, Bold Tern, to the APAC region.

In 2018, FOWIC was awarded a contract with SGRE for the transport and installation of wind turbines on the
Yunlin offshore wind farm in Taiwanese waters using the installation vessel Brave Tern, marking FOWIC’s entry into the APAC region. FOWIC and SGRE have now signed an amendment extending the charter period which will allow Brave Tern to complete the Yunlin project in a continuous campaign. The amendment materially improves FOWIC backlog for 2021.

To facilitate this,
Bold Tern will depart Europe in summer 2021 to undergo the planned crane upgrade and subsequently fulfill FOWIC’s other contract obligations for the 2022 season in the APAC region.

FOWIC’s third wind turbine installation vessel,
Blue Tern, will continue to the execution of the Moray East project in the UK, which up to this point has been using Bold Tern for turbine installation.

Henning Lang, Commercial Head of Project Execution at SGRE Offshore, commented: “We appreciate FOWIC’s effort to work closely with us to support our Taiwan pipeline. We have a long history with FOWIC and this is one of many examples where they have proven to be a trusted service provider.”

The developers of the
Yunlin offshore wind farm project reached financial close for the project on 30th May 2019. It is one of the largest offshore wind-related transactions that has been financed in the APAC region, and is located eight kilometres off the Taiwanese west coast in the Taiwan strait. With a total capacity of 640 MW, the project is one of largest offshore wind farms being developed in Taiwan.

For more information on the Taiwanese offshore wind market,
click here. Alternatively, you can view projects worldwide on 4C Offshore's interactive map.

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