Seatrium has announced it has signed a letter of intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000-tonne fully-revolving heavy lift vessel project for the Japanese wind market.
Subject to the final investment decision by POC, the full EPC contract award is expected in the first quarter of 2025. POC is a Japanese marine contractor aiming to expand its business in the offshore wind sector. POC owns a range of self-propelling trailing suction hopper and cutter suction dredgers, as well as two turbine installation vessels equipped with an 800-tonne and a 1,600-tonne lifting capacity crane, respectively.
