Dong Fang Offshore – Construction SOV Acquisition 1st March 2021
Dong Fang Offshore enters the Construction SOV business with purchase of Pacific Constructor Dong Fang Offshore Co., Ltd. (DFO), a subsidiary of Hung Hua Construction Co., Ltd. has announced today the purchase of the Construction Service Operations Vessel (SOV) “Pacific Constructor” from Swire Pacific Offshore, expanding its fleet to 10 fully-owned ships dedicated to the growing Offshore Wind and Renewables sector in Asia Pacific, and cementing its position as the pioneering marine contractor in Taiwan.
The purchase represents a major commitment by a Taiwanese-owned renewables contractor to participate sustainably in the development of offshore wind, and the vessel is the first wind farm SOV owned and operated by a Taiwanese company. DFO has already begun the process of reflagging the unit to Taiwan flag, planning for when she will eventually be manned entirely by Taiwanese crew. The vessel will support the development of the local maritime industry and build Taiwan’s position as a regional offshore wind hub. The SOV will be based out of Taichung Port.