Diana Shipping, a global shipping company, has recently announced its entry into the offshore wind market. The company plans to provide transportation services for wind turbine components and other equipment needed for offshore wind farms. This move comes as the demand for renewable energy sources continues to grow, and offshore wind energy is becoming increasingly popular.
New York-listed Greek bulker owner Diana Shipping has signed a term sheet to take part in a joint venture that is expected to own and operate offshore wind vessels.
Diana Shipping's Role in Offshore Wind Industry
In the initial phase of this collaboration, the jv entity has ordered two commissioning service operation vessels (CSOVs) from Norwegian shipbuilder VARD with an option for two additional offshore wind service vessels.
The Semiramis Paliou-led owner and operator of 40 ships on a fully-delivered basis has partnered with Germany’s Blue Star Group, SeaRenergy Offshore Holding and SeraVerse under a consortium named Windward Offshore.
Benefits of Diana Shipping's Offshore Wind Vessels
“We view this investment as another attestation to our commitment for a greener and more sustainable future. Together with our esteemed partners, we embark on an exciting journey that should contribute to a cleaner and more eco-friendly world,” said Paliou.
The deal remains subject to the negotiation of definitive documentation relating to Diana’s participation in the joint venture and the satisfaction of customary closing conditions.
-Source(splash247)
