Page 42: of Maritime Reporter Magazine (April 2021)

OFFSHORE WIND DEALS mariners, while Crowley and ESVAGT will share in the economics of the venture.

ESVAGT is the leading Service Operation

Vessel (SOV) operator in Europe and will provide technical advice on the design, construction, and operation of these vessels based solidly on their past performance with this speci? c vessel type. The venture will work to develop a best-in-class design and deliver its ? rst wind-dedicated, U.S ? ag SOV. This deal comes on the heels of another partnership between Crowley and

Watco to serve this fast growing market, a partnership designed to fast track the logis- tics of offshore wind, as Watco is heavily engaged in the onshore wind business and runs its massive ‘Green Ports’ facility in

Houston, a facility which handles a variety of project cargo but is dominated by work supporting onshore wind.

“Watco brings strong experience in ter- minal management, and even though it’s onshore wind, I believe it’s transferrable to the offshore side as well,” said Andreini.

L to R: Søren Karas, CCO and

Peter Lytzen CEO, Esvagt.

Image above courtesy Esvagt; Images below and right courtesy Crowley Maritime

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