Maersk Offshore Wind will provide installation services to the offshore wind market based on a new and state-of-the-art offshore Wind Installation Vessel (Maersk WIV) concept.
Maersk said the design and concept are estimated to reduce the installation time of offshore wind turbines substantially compared to conventional methods, thereby lowering the overall cost for developers.
The first vessel will be delivered in 2025.
Maersk Offshore Wind can reduce installation time by about 30%, the company said.
“We are establishing Maersk Offshore Wind as an independent entity to leverage our decades of offshore expertise and accelerate the development of the offshore wind industry,” said chief financial officer of A P Moller Holding and chair of Maersk Offshore Wind Martin Larsen.
Michael Reimer Mortensen has been appointed chief executive of Maersk Offshore Wind, after a stint as chief commercial officer at Maersk Supply Service.
Maersk Offshore Wind is a spin-off of Maersk Supply Service, which designed and developed the Maersk WIV and have marketed the concept since 2018. The company currently has around 40 employees.
Maersk Offshore Wind is owned by A P Moller Holding and will be headquartered in Denmark.