Launched in 2018, Edda Wind owns and operates service vessels, which support the maintenance work conducted, during the commissioning and operation of offshore wind parks. “The Wilhelmsen group’s strategy is very clear, which is to further expand into renewables, by working together with partners and leveraging our expertise and assets. So, finding an opportunity like this, to work with Østensjø and invest in Edda Wind, a growing company, rapidly expanding its fleet with future-focused, emission-free vessel technologies, is ideal,” said Thomas Wilhelmsen, the Chief Executive Officer (CEO) of the Wilhelmsen. Low-emission service vessels The two owners have also agreed to seek an initial public offering (IPO) on Euronext Growth Oslo Reflecting the rapid development of the offshore wind market, Edda Wind currently has two vessels in service and already has four cutting-edge, low-emission service vessels on order with yards, with delivery expected in 2022. With additional investment required to further capitalise on the market potential, the two owners have also agreed to seek an initial public offering (IPO) on Euronext Growth Oslo (formerly Merkur Market). Expanding fleet with emission-free vessel technologies “Our clear ambition is to be a player in renewable energy and decarbonisation,” said Thomas Wilhelmsen, adding “Edda Wind is a growing company, rapidly expanding its fleet with future-focused, emission-free vessel technologies, with competencies and a culture, which perfectly complements our own, upping our stake in the company was not a difficult decision.” Thomas Wilhelmsen further stated, “However, the tremendous growth expected in the offshore wind market, over the decades to come and our ambitions to be an integral part of that journey, will require significant investments. To be able to capitalise on the market opportunities ahead, we have together with Østensjø, decided to prepare for an initial public offering of Edda Wind.” Edda Wind’s CSOV vessels Edda Wind’s CSOV vessels are specially designed for service operations during the commissioning and operation of offshore wind farms and are constructed to be able to accommodate the future zero-emission technology. Four of the vessels are on long-term charter agreements with key clients, Ørsted, Vestas and Ocean Breeze.
Kongsberg Maritime and Massterly (a Kongsberg Wilhelmsen joint venture) have signed contracts with the Norwegian grocery distributor ASKO to equip two new vessels with autonomous technology, and to manage their operations at sea. With Norwegian companies delivering around 60% of the investment, this is a major milestone for the growth of sustainable maritime operations in Norway. The fully electric ships will replace 2 million kilometers of truck transport, saving 5,000 tonnes of CO2 every year. Hydrogen-Powered vehicles ASKO – currently transporting their cargo by more than 800 trucks daily – is committed to sustainability and is investing heavily in new technologies such as electric and hydrogen-powered vehicles. At present, road transport is the single mode of transportation to link their warehouses on the western side of the Oslo fjord with their distribution center on the eastern side. The new RORO vessels will replace the current solution with a zero emission transport alternative The new RORO (Roll on, Roll off) vessels will replace the current solution with a zero emission transport alternative. “We have a clear ambition to be climate neutral and have set ambitious goals, including being a self-sufficient provider of clean energy and having 100% emission-free transport by 2026. These innovative ships are key to fulfilling that ambition and will form an essential component of a zero-emissions logistics chain linking our facilities,” explains Kai Just Olsen, Director, ASKO Maritime. Sustainable maritime logistics “Fully electric trucks will take the cargo between the warehouses and the ports of Moss and Horten, and in shipments of 16 the trailers will be transported across the fjord on the battery-driven vessels. This solution is cost effective, sustainable and will remove trucks from a heavily trafficked road.” ENOVA has supported the project – including the required port infrastructure – with 119 MNOK, in line with the Norwegian society's commitment to reduce emissions and transfer transport from road to sea where feasible. Kongsberg Maritime has a proven track record as an enabler for sustainable maritime logistics, and this ability has been further strengthened through the partnership with Wilhelmsen. The vessels will be equipped with the technology required for zero emission and unmanned operation by Kongsberg Maritime, while Massterly will ensure ship management and safe operations from their shore-based Remote Operations Centre. The two vessels will initially operate with a reduced crew, before moving towards unmanned voyages. Enabling sustainable trade The ASKO contract illustrates how Massterly is key in making autonomy a reality for short-sea shipping" Egil Haugsdal, President, Kongsberg Maritime, said: “When we teamed up with Wilhelmsen to form Massterly, this was exactly the kind of project we wanted to enable. By working together with us to bring autonomous, electric solutions into everyday use, ASKO are helping to achieve a sustainable, safer future for maritime operations while also demonstrating the efficiencies these technologies can deliver.” Thomas Wilhelmsen, CEO of Wilhelmsen Group, added: “The ASKO contract illustrates how Massterly is key in making autonomy a reality for short-sea shipping. We are proud to be the world’s first ship management company to operate unmanned vessels for commercial use. Now we are one step closer to our goal of enabling sustainable trade: through cost effective, safe, and environmentally friendly logistics.” Detailed risk assessment Since the ASKO operation lies within Norway’s coastal jurisdiction, the Norwegian Maritime Authorities (NMA) must be satisfied that a sufficient level of safety has been achieved before they will issue an approval of operation for these vessels. NMA will therefore follow the project through a detailed risk assessment, based on IMO 1455 guidelines with regards to equivalent and alternative designs, new technology, verification, and approval for operation. DNV GL will also support this process as an independent third party. The vessels, which are due to be delivered early in 2022, have been designed by Norwegian vessel designer Naval Dynamics and will be constructed at the state-owned Cochin Shipyard in India. The functionality enabling autonomous operation will be implemented and tested after arrival in the operational area in the Oslo fjord.