OHT ASA has, through its wholly owned subsidiary VIND Offshore Installation 1, signed the complete shipbuilding contract with China Merchants Industry Holdings, for the construction of the first of two turbine installation vessels.

The vessels, currently referred to as VIND 1&2, will be of GustoMSC NG-14000XL-G design.

They will be designed and built specifically to install the future-generations of offshore wind turbines and XL monopiles, and will operate with significant reductions in their environmental footprints.

The company primarily announced the contract in July 2020.

The vessels will be capable of efficiently installing in water depths up to 65 meters.

The first unit is scheduled to be delivered in Q2 2023.