SeaEnergy explores offshore service vessels joint-venture

UK-based SeaEnergy is in talks with a major shipping company to form a joint venture to develop and deploy its innovative offshore wind operations and maintenance vessel.

John Aldersey-Williams, chief executive of the offshore wind specialist, tells Recharge that SeaEnergy is in talks with a company that owns and operates vessels.

A joint venture would allow his company to combine its knowledge of offshore wind with the shipping group’s financial and operational capacity.

“It requires a substantial amount of money to build one vessel,” he says. “We could borrow to reduce our equity, but we felt that, given the scale of the opportunity, it would make sense to form a joint venture and let it capture a bigger…

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