Cosco and Friede & Goldman, Ltd. Develop Jones Act-Compliant WTIV

March 22, 2022 | Renewables | Energy Facts Staff Writer | 1min

Cosco and Friede & Goldman

Chinese yard Cosco Shipping Qidong Offshore (Cosco) has reached an agreement with US offshore design house Friede & Goldman (F&G) over a vessel for the US wind market.

China Ocean Shipping Company, Limited, formerly China Ocean Shipping Company, commonly known for its abbreviated name COSCO Group, or simply, COSCO, is a former Chinese Government owned shipping and logistics services supplier company. It is one of the major holding company for China COSCO Shipping. (source: Wiki)

The new design will tap F&G’s integrated wind turbine installation vessel (WTIV) solution with feeder capabilities using the patented BargeRack technology for offshore wind installation.

History

The offshore industry has evolved through the years, but one thing has remained constant: Friede & Goldman is the world’s leading independent designer of mobile offshore drilling units.

Drawing on more than 70 years of unparalleled innovation and expertise, our design theories incorporate technological advances to meet the distinct requirements of key stakeholders, from owners and operators to builders and crews — resulting in designs that are as dynamic and revolutionary as the industry itself.