London: Speculation that Beluga Hochtief Offshore (BHO) will scale down or abandon its plans for offshore wind has eased, after a Polish shipyard signed a contract related to a jack-up vessel it is building for the company. BHO is a joint venture between German shipping operator Beluga and construction group Hochtief to build and manage turbine installation vessels. Its future was cast into doubt after Beluga filed for insolvency for several of its key divisions and founder Niels Stolberg found himself at the centre of a fraud investigation..
Contract calms fears ov er Beluga
31 March 2011 22:00 GMT
Updated
25 November 2012 15:35 GMT
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