Daewoo E&C and CCCC Tianjin Dredging China signed a business agreement for an exclusive domestic use of the offshore wind turbine installation vessel (WTIV) Gang Hang Ping 5 at the Grand Hyatt Shanghai Hotel in Pudong, Shanghai of China on Jan. 31 (local time).
Prior to the signing ceremony, on Jan. 30, Kim Yong-hae, head of the Civil Engineering Business Division at Daewoo E&C, visited a shipyard in Nantong City, Jiangsu Province of China, to check the construction status of the Gang Hang Ping 5.
Under the agreement, Daewoo E&C will be able to exclusively use the Gang Hang Ping 5 being built by CCCC Tenjin Drilling China in Korea for five years. Moreover, Daewoo E&C will actively supply marine equipment necessary for domestic offshore wind power development and cooperate in joint business development with the Chinese company.
The Gang Hang Ping 5 is a 30,000-ton self-propelled vessel with a length of 133 meters, a width of 50 meters, and a height of 11 meters that can lift, transport, and install 15-megawatt offshore wind turbines, blades, and towers at sea at once. The vessel is scheduled to be in December 2024. Currently, most offshore wind power projects in Korea plan to install offshore wind turbines of 12 MW or more, and the only 13,000-ton WTIV in operation in Korea cannot not have an offshore wind turbines of 12 MW or more.
The Gang Hang Ping 5 is expected to be of great help in construction work for offshore wind projects in Korea, as it has the advantage of being able to work on any seabed terrain by having the Dynamic Positioning System 2 that maintains an accurate position in the sea which is highly influenced by flow speeds and wave heights and a jacking system that lifts the hull of a ship above the water surface and fixes it.