GeoSea Gets Foothold in Taiwanese Offshore Wind Market

Business & Finance

Today, 20 December, GeoSea entered into an agreement with Taiwan’s shipbuilding company CSBC Corporation to cooperate on a series of offshore wind projects, according to Taiwanese media.

Illustration; Image source: GeoSea/ archive

The cooperation will reportedly see the two companies working together on the construction of offshore wind farms in Taiwan, as well as on technology and skills transfer.

According to China Times, GeoSea and CSBC are setting up an offshore wind engineering company called CSBC-DEME WIND ENGINEERING Co. Ltd.

Offshore WIND contacted DEME Group, the parent company of GeoSea, who said that it will soon release information about the agreement in Taiwan, not commenting or providing any further details on the matter. Offshore WIND will update on the matter as soon as more information is available.