Cyan Renewables, LX International and Blue Water Shipping have signed a memorandum of understanding to develop a dedicated offshore wind marshalling port in Dangjin, South Korea.
The partners said the agreement paves the way for what is set to become Dangjin’s first port exclusively dedicated to marshalling for offshore wind projects.
They added that the planned 200,000sqm facility will feature 480 metres of vessel berthing quay and a dedicated 14-metre deep-water berth to support next-generation installation and support vessels.
The port will have a ground bearing capacity of 10–30 t/m² to handle heavy wind components and load-out operations.
As part of the collaboration, Blue Water Shipping will deploy experienced offshore wind personnel to South Korea to transfer operational know-how and safety standards to local teams.
“Cyan is proud to be a member of this consortium with LX International and Blue Water Shipping,” said Keng Lin Lee, chief executive officer of Cyan Renewables.
“Together with LX’s infrastructure strength and Blue Water Shipping’s global logistics expertise, we will be creating an integrated ecosystem that reduces bottlenecks, strengthens supply chains and accelerates offshore wind deployment in Korea,” he added.
“South Korea serves as a strategic entry point for offshore wind logistics projects in Asia, enabling Blue Water to deploy our proven Esbjerg marshalling port model and full-cycle logistics expertise to a new regional base,” said Jason Goh, regional senior vice president, energy ports & projects of Blue Water Shipping, Asia.
He stated: “We anticipate this partnership will support South Korea’s planned 25GW offshore wind sector through port-ready infrastructure and efficient operations.”
“This partnership represents an important step in positioning Dangjin as a strategic base for offshore wind development in South Korea,” said P.R. Paik, vice president of LX International.
“By combining infrastructure, logistics expertise and offshore capabilities, we are building a platform that can support the country’s renewable energy ambitions for years to come,” he added.