Danish wind farm service vessel operator files for bankruptcy

By: Tom Russell 13/01/2023 WMO

General Vessels

Esbjerg headquartered offshore wind farm service vessel operator World Marine Offshore A/S (WMO) filed for bankruptcy last week (6 January 2023). John Sommer Schmidt of law firm Gorrissen Federspiel is heading up the process.

WMO was established in 2012 and operates in the offshore wind industry across Europe, Taiwan, and the USA. At present, WMO manages 11 ships and is, in addition to its vessel operation, provider of large-scale turnkey solutions for Balance of Plant work, subsea work and offshore logistics solutions for commissioning of offshore substations.

Back in April 2022, WMO contracted Norwegian shipbuilder Umoe Mandal AS to build two second generation Wavecraft™ crew transfer vessels, plus entered into bareboat charter agreements for two similar vessels that are owned by the Umoe Group. Three of the four vessels were due to go on contract with Ørsted operating at wind farms located on UK’s east coast.

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