China: Shanghai Taisheng Wind Power Equipment to Acquire Part of Nantong Blue Island Offshore
Shanghai Taisheng Wind Power Equipment, a pioneer in manufacturing wind towers in China, has decided to acquire over 51% of Nantong Blue Island Offshore, reports SinoShip news portal.
The company will invest around USD 32.18 million in this offshore equipment construction specialist.
Nantong Blue Water Ship Engineering Co. designs and constructs jack-up platforms, platform supply vessels and offshore wind power equipment.
Offshore WIND staff, May 16, 2013; Image: bioffshore