Taiwan: POSH, Kerry TJ Team Up for Offshore Wind
Singapore-headquartered offshore marine services provider, PACC Offshore Services Holdings Ltd. (POSH), and Taiwan-based logistics firm Kerry TJ Logistics have established a joint venture (JV) company POSH Kerry Renewables to provide integrated supply chain and marine solutions to the offshore wind sector in Taiwan.
The joint venture company has already signed a Memorandum of Understanding (MoU) with Rolls-Royce to explore suitable designs for walk-to-work (W2W) and service operations vessels (SOVs).
Within the new partnership, POSH Kerry will provide a comprehensive portfolio including the end-to-end transportation of wind turbines and components as well as diversified marine solutions during the installation, operations and maintenance of offshore wind farms in Taiwan, while Kerry TJ will support POSH Kerry’s clients in navigating the evolving local operating landscape, according to the two partners.
Lee Keng Lin, Deputy Chief Executive Officer of POSH, said: “We are excited to enter the offshore renewables sector with Taiwan’s largest logistics provider Kerry TJ Logistics. Our unique platform will provide clients in the Taiwan offshore renewables sector a comprehensive suite of supply chain and offshore marine solutions that can be configured to meet their specific requirements.”
Richard Shen, Chairman, Kerry TJ Logistics, said: “We are glad to be partnering with leading offshore marine operator POSH as they establish their presence in Taiwan. I am confident that our extensive local networks and logistics expertise will support POSH Kerry’s clients in navigating Taiwan’s evolving operating landscape.”
POSH Kerry has also signed an MoU with Macquarie Capital and Swancor to jointly explore collaboration opportunities in the Taiwan offshore wind market.