
German RWE Innogy has entered an agreement with a Chinese joint venture, ZPMC Profundo Wind Energy, between state-owned shipping giant Shanghai Zhenhua Shipping Co. and private Profundo Offshore Contractor.
The Chinese joint venture will lease offshore construction vessel Friedrich Ernestine on a five-year bareboat charter contract, according to Maersk Broker, which has played a central role in negotiations between the two parties and which has for several years been working to take specialized European tonnage to China. It has taken two years to settle this specific contract, explained Torben Ørting Jørgensen, Director of Maersk Broker Specialised Tonnage, when presenting the deal in Beijing on Tuesday:
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