Maersk Launches New Company To Accelerate Offshore Wind Deployment

63

  • Maersk Offshore Wind will provide installation services to the offshore wind market based on a new and state-of-the-art offshore Wind Installation Vessel (Maersk WIV) concept.
  • The design and concept are estimated to reduce the installation time of offshore wind turbines substantially compared to conventional methods.

Maersk Offshore Wind, a newly established company, aims to revolutionise the offshore wind market with its innovative Wind Installation Vessel (Maersk WIV) concept. The advanced design promises to significantly reduce installation times for offshore wind turbines, cutting costs for developers. The first Maersk WIV is set for delivery in 2025, reports an official release.

The global offshore wind sector is booming, driven by ambitious targets in the EU and US to achieve a combined installed capacity of at least 90 GW by 2030 and over 400 GW by 2050. To meet these goals, rapid deployment is essential. Maersk Offshore Wind’s technology can slash installation times by about 30%, enabling faster energy delivery and reducing costs, thereby improving overall project economics.

Maersk to accelerate offshore wind deployment

Martin Larsen, CFO of A.P. Moller Holding and Chair of Maersk Offshore Wind, emphasised the need for new solutions to meet offshore wind capacity targets. “Our concept reduces installation time by almost one-third, delivers energy to the grid faster, and lowers total installation costs, enhancing the competitiveness of our customers,” Larsen said. “By establishing Maersk Offshore Wind as an independent entity, we leverage decades of offshore expertise to accelerate industry development.”

Michael Reimer Mortensen, formerly Chief Commercial Officer at Maersk Supply Service, has been appointed CEO of Maersk Offshore Wind. Mortensen, with over 20 years of experience in maritime operations, will lead the company in providing global offshore wind installation services. “Our experienced team will improve the installation process and address critical port infrastructure needs. We aim to continue partnerships with leading developers to accelerate offshore wind deployment, delivering sustainable and affordable energy worldwide,” Mortensen stated.

Maersk Offshore Wind is a spin-off from Maersk Supply Service, which has been developing and marketing the Maersk WIV concept since 2018. The company, headquartered in Denmark, currently employs approximately 40 people and is owned by A.P. Moller Holding. The Board of Directors includes Chair Martin Larsen, Morten Engelstoft, Marianne Sørensen, and Maria Pejter.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe!

Source: Maersk Supply Service