The MoU provides a framework for cooperation between the three parties on a flagship GustoMSC Tri-Floater, a three-column semisubmersible design, as part of a 100MW offshore windfarm, "including positions for floating wind".

"The GustoMSC Tri-Floater design was chosen by Halla Wind Energy for its favourable design which is characterised by a three column, slender, robust and brace-less hull," the three companies said in a statement at the signing of the MoU in Seoul attended by Dutch Prime Minister, Mark Rutte.