Dutch geo-data specialist Fugro has finalized plans to acquire two platform supply vessels, Sea Goldcrest and Sea Gull, to enhance its capabilities in geotechnical operations. These vessels, constructed in 2019 and 2020, respectively, are set to become integral assets in addressing the growing market demand and scarcity of geotechnically proficient boats.
The strategic addition of these vessels to Fugro's owned fleet aligns with the company's commitment to meeting market needs while maintaining flexibility for the future. The move comes as part of Fugro's strategy over the next four years to secure long-term vessel capacity, particularly catering to the expanding global offshore wind market. This market, with its significant requirement for mapping soil composition and associated properties through the extraction and testing of soil samples, underscores the necessity for well-equipped vessels.
The conversion process for Sea Goldcrest into a geotechnical vessel is slated to commence upon its delivery in 2024, with expectations of operational readiness by early 2025. Meanwhile, Sea Gull, already under Fugro's charter and fully operational, is scheduled for delivery in late 2024 or early 2025.
Fugro recognizes the ongoing importance of utilizing appropriately sized and crewed platforms for activities like soil sampling, essential for the offshore wind industry. The acquisition of these vessels positions Fugro to play a pivotal role in supporting the offshore wind sector's evolving needs.