A joint venture between Denmark's ESVAGT and South Korea's KMC Line has secured its first contracts to provide offshore service logistics for Vestas at the Shinan-Ui offshore wind farm in South Korea. From 2028, KESTO will provide vessels to support Vestas' service scope at the Shinan-Ui project for a minimum period of 10 years.
The joint venture aims to deliver superior offshore wind vessel services that meet both international operational standards and Korean regulatory requirements. 0 MW turbines at the wind farm.
The vessels are of European design and will be built at a South Korean shipyard, with delivery scheduled for the first quarter of 2028. Crew will be sourced through KMC Line's maritime network in South Korea, including cooperation with Korean maritime universities, with joint training planned aboard ESVAGT vessels ahead of operations.
The Shinan-Ui offshore wind farm is expected to supply electricity to around 350,000 South Korean households annually once operational in 2028–2029. This contract marks the formal start of KESTO's operational journey and supports the local supply chain development.
The long-term nature of this contract highlights the importance of reliable and efficient vessel services for offshore wind farms, which will play a crucial role in Korea's transition to renewable energy. As the demand for offshore wind services grows, it is essential for operators like KESTO to invest in high-quality vessels and training programs to ensure safe and effective operations.
