New Player Enters Offshore Wind SOV Market

The newly-established maritime holding company, Purus Marine, has agreed to acquire a large offshore wind service operation vessel (SOV).

The SOV is currently under construction and will deliver directly into a multi-year time charter with a leading European renewable energy company, beginning early 2022, Purus Marine said.

The SOV is a hybrid-electric vessel and is “zero emissions ready” with future larger battery/charging and fuel cell options.

”This environmentally-advanced SOV is well aligned with our mission to de-carbonise the maritime industry, not only in achieving reduced carbon emissions today, but also with the potential to operate with zero emissions in the future,” said Julian Proctor, Chief Executive Officer of Purus Marine.

”We are proud to provide this critical marine infrastructure equipment to support the generation of offshore renewable energy.”

A leading Norwegian ship manager and owner will provide technical and commercial services for the SOV, according to Purus Marine.

”We are delighted to have an agreement to acquire our first SOV, marking the first step in achieving Purus Marine’s goal of owning a world-leading fleet of SOVs servicing the offshore wind industry,” said Svein Engh, Senior Advisor and a Board Member of Purus Marine.

”This is only the start as Purus Marine expects to make additional acquisitions in offshore wind, as well as other maritime sectors, over the next year.”

The London-headquartered Purus Marine owns environmentally-advanced vessels and infrastructure equipment, contracted long-term to end-users. The company serves a variety of maritime sectors, including the industrial shipping, short-sea, ferry, environmental remediation sectors, and now offshore wind.

The company was established in April 2021 by the London-based asset management firm, EnTrust Global.

Photo: Illustration; Photo source: The Carbon Trust