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Today our GRS offshore market analysis focuses on three countries in the APAC region: South Korea, Japan and Vietnam. As the Scandinavian market has shown in our market report last month, the APAC region also has great potential for the future expansion of offshore wind farm projects. South Korea and Japan are planning ... read the full article here.
Stay tuned! If you need in-depth information about market trends, developments, availabilities etc. please do not hesitate to contact Jannis Klar:
T +49 40 411 60 68 22 or M j.klar@grs-offshore.com.

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Jack-Up Availability Report
The latest GRS Jack-Up Availability Report for Q4 / 2020 is now available! This report includes latest market information as well as technical specifications and availabilities of installation and accommodation Jack-Ups in and around Europe, Asia and the United States.
Get your copy now!
Just  contact us
T +49 40 411 60 68 0
or send an email to

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Jack Up´s
Starting Day Charter Rate
unpropelled: 23,000 EUR
DP<500t crane: 30,000 EUR
DP>500t crane: 35,000 EUR
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Starting Day Charter Rate
<40 ChrtsPax: 18,000 EUR
>40 ChrtsPax: 21,000 EUR
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Construction Vessel
Starting Day Charter Rate
DP2<50t gear: 11.500 EUR
DP2>100t gear: 16.500 EUR

Click on the image for more information

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Guard Vessel
Starting Day Charter Rate
A-Class: 3,100 EUR
B-Class: 2,500 EUR
C-Class: 2,100 EUR
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Crew Transfer Vessel
Starting Day Charter Rate
12 Pax (12hrs): 2,500 EUR
12 Pax (24hrs): 3,600 EUR
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Platform Supply Vessel (DP2)
Starting Day Charter Rate
Deck <700 sqm: 7,800 EUR
Deck >700 sqm: 8,000 EUR

Click on the image for more information

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Workboat  #231

LOA:22.13 m
Beam:8.0 m
5 t

9 kn

Price:1,271,000 GBP

Standby Vessel #986G

38.00 m
Beam:9.50 m

11 kn    
Price:2,150,000 EUR

 Crewboat #985G

LOA:36.90 m
7.60 m
Speed:18 kn

375,000 USD

Find more vessels on grs-offshore.com or Apollo Duck
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WEM Marine

The UK-based WEM Marine has ordered two new crew transfer vessels (CTVs) from Singapore’s shipbuilder Strategic Marine. The 27m CTVs will be powered by two Caterpillar C32 engines driving fixed pitch propellers and will be able to accommodate 24 technicians and three crew members. The vessels will be built in Singapore and are expected to be delivered by May 2021. The CTVs have been designed to meet the specific requirements of WEM who intends to deploy the vessels in European waters.


Seven Phoenix

Seaway 7 is converting Seven Phoenix into a dedicated inter-array grid and export cable installation and trenching support vessel. The vessel will operate under its new name Seaway Phoenix on the first assignment with the company. It was originally constructed as a dedicated trans-oceanic submarine fiber optic cable lay vessel, Subsea 7’s renewables and heavy lifting business said. The 130-meters long vessel is scheduled to begin operating in the second quarter of 2021.



MHO Esbjerg

MHO Esbjerg has had a Z-Bridge Walk to Work (W2W) system installed. The work on the 39m vessel took place in the Breskens Harbor in the Netherlands. The vessel is now under going sea trials. The W2W system was delivered to the quay side by truck and loaded onto the vessel in a single lift. MHO Esbjerg has a large foredeck of 100m2. The vessel was built by PT Bintang Timur Samudera in Indonesia and delivered to owner and operator MHO&Co in 2019.


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Coastal Virginia ready for commercial operations

Dominion Energy has announced that the two turbine 12-MW Coastal Virginia Offshore Wind (CVOW) pilot project has successfully completed reliability testing and is ready to enter commercial service. Located 27 miles off Virginia Beach, along the US east coast, the CVOW pilot is the first offshore wind farm to be both approved by the Bureau of Ocean Energy Management (BOEM) and installed in federal waters. It was built by Ørsted, one of the largest offshore wind developers in the world, on behalf of Dominion Energy, an American power and energy company headquartered in Richmond, Virginia. Ørsted served as offshore engineering, procurement and construction lead for the project.
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KCI to support south korean wind farm

KEPCO E&C in South Korea has named KCI the Engineers as wind turbine substructures and foundation engineering consultant for the Jeju Hanlim offshore wind farm. KCI has been tasked with providing consulting services and reviewing offshore wind turbine foundations for the project during the concept and detailed design phases. KEPCO E&C has been developing the Jeju Hanlim offshore wind farm project since 2011 on behalf of project partners. The project is located in the Korean Strait, around 1-3km off the coast of Jeju Island. The project will have a capacity of around 100 MW.  
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The Crown Estate updates Round 4 timeline

The Crown Estate is nearing the completion of the second of its three tender stages for Offshore Wind Leasing Round 4 and has now updated the intended timeline for the final tender stage. Round 4, which seeks to identify at least 7GW of new offshore wind projects in UK waters, will shortly complete what is known as ITT Stage 1, which assesses the financial and technical robustness of proposed offshore wind projects, submitted by already pre-qualified bidders. The Crown Estate has extended the time taken to complete this stage, in order to clarify requirements with bidders. This process aims to support fair and robust assessment and will assist with the smooth delivery of ITT Stage 2.
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EDF JOINS vietnamese offshore wind farm

According to financial reporters in Vietnam, HBRE, owner of the 500 MW HBRE Vung Tau offshore wind farm, has signed a technical cooperation agreement with French utility EDF. Under the terms of the agreement, EDF will research, survey, and evaluate all technical aspects of this proposed wind farm in the Xuyen Moc District, Ba Ria – Vung Tau province. This is HBRE’s only offshore wind project, but EDF is experienced in wind farm development. The two companies intend to work as partners. With a total investment of $1 billion, the project is located ~35 km from the coast of Binh Chau commune, and was authorized for survey activities last year (2019).  
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MHI Vestas scores third french floating contract

Qair (formerly known as Quadran Énergies Marines) has named MHI Vestas Offshore Wind (MHI Vestas) as the preferred wind turbine supplier for the EolMed floating project. The company will supply three of its V164-10.0 MW turbines. The V164-10.0 MW turbines will be installed on Ideol’s patented Damping Pool floating foundation and will be located in the Mediterranean Sea approximately 18 km off the coast of Gruissan in the Aude region. The ring-shaped hollow concrete foundation is designed to allow water movement within the central opening to counteract the motion of the floater caused by wave swell and stabilises the structure.
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OHT INks jack up shipbuilding contract

OHT ASA has, through its wholly owned subsidiary VIND Offshore Installation 1 AS, signed a complete shipbuilding contract with China Merchants Industry Holdings, for the construction of the first of two next-generation turbine installation vessels, following the first announcement in July. The vessels, currently referred to as VIND 1&2, will be of GustoMSC NG-14000XL-G design. The vessels will be jack-ups, prepared to handle the next generation WTGs, featuring a telescopic crane with maximum capacity of 2,500t and a maximum lifting height of approximately 165m. The units will be capable of installing in water depths up to 65m.
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swire blue ocean to go public

Swire Pacific Offshore has announced its intention to list its subsidiary Swire Blue Ocean on the Oslo Stock Exchange. The proposal to take the offshore wind turbine transportation and installation specialist public comes on the back of the announcement of expansion plans for the Danish operator. Pacific Orca and Pacific Osprey, are planned to be fitted with new cranes, enabling them to handle future turbine models currently under design by major manufacturers. Swire Blue Ocean has also issued RFPs to leading international shipyards for the construction of a newbuild wind farm installation vessel, with an option for a second. 
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sleipnir completes hornsea 2 installation

Heerema’s semi-submersible construction vessel Sleipnir has completed its second project in the wind sector this season, having earlier executed the Hollandse Kust Zuid installation. The work included the transportation and installation of two jackets for Ørsted that will provide the foundation for the Hornsea 2 wind farm’s Reactive Compensation Substation (RCS) and Offshore Substation Platforms (OSS). Sleipnir traveled to the OSS location on September 29 and installed the 5000 metric ton OSS jacket. It then proceeded to move into the shallow water RCS location where it installed the 1500 metric ton RCS jacket.
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OFFShoretronics with new add-on for installation support tower concept

Offshoretronic has developed a new add-on installation support tower concept to be installed as an addition to its dual crane offshore wind installation vessel. With this transportation and installation method, it claims it can provide large cost savings by utilising the same monohull crane vessel for the installation of all kinds of offshore wind foundations and for the transport and installation of wind turbines as one single unit. This concept allows Offshoretronic to transport and install two completely finished wind turbines of up to 11 MW capacity in one single round trip, which it claims could result in cost savings of around 40% in operational time.
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GRS Global Renewables Shipbrokers GmbH – Stadthausbrücke 7 – 20355 Hamburg – Managing Partner: Philippe Schönefeld, Matthias Mroß – Court of Registry: Hamburg – Commercial Registry: HRB 119000 – VAT-ID: DE278136733

T.: +49 40 411 60 68 0 / F.: +49 40 411 60 68 99

E.: info@grs-offshore.com / W.: www.grs-offshore.com