Haugesund, 21 June 2024: Edda Wind ASA ("Edda Wind" or the "Company") is pleased
to announce that it has entered into a time charter contract for Sudri Enabler
(the "Vessel") with a large international Engineering, Procurement, Construction
and Installation (EPCI) contractor (the "Client"). The Vessel is scheduled to be
delivered from yard at the end of June 2024 and following commissioning and
testing, the Vessel will go straight into operation for Client. The charter
contract has a duration until Q2 2025 and is at rates which supports the
Company's view on strong market fundamentals in the offshore wind space.
"We are very pleased to announce this contract. Firstly, this contract and
relationship further expands our broad network of reputable counterparties but
also marks Edda Wind's first contract with an EPCI contractor and first job
related to the growing cable laying activity in offshore wind. We look forward
to start this cooperation and the exciting opportunities ahead. Secondly, the
charter contract demonstrates Edda Wind's ability to secure charter contracts
for our newbuilds upon delivery from yard and with this contract, we are fully
booked for all our vessels until end of Q3 2024." says Kenneth Walland, CEO of
Edda Wind.
For further information, please contact:
Lars Stubhaug, VP Finance Edda Wind
Phone: +47 917 42 725
E-mail: lars.stubhaug@eddawind.com
Hermann Hovland Øverlie, CFO Edda Wind
Phone: +47 922 46 501
E-mail: hermann.overlie@eddawind.com
ABOUT EDDA WIND
Edda Wind is a leading offshore wind service company headquartered in Haugesund,
Norway. The Company develops, builds, owns and operates purpose-built Service
Operation Vessels ("SOV") and Commissioning Service Operation Vessels ("CSOV")
for offshore wind farms worldwide.
Edda Wind is creating the next generation of offshore wind service vessels and
works closely with partners to develop new technologies to reduce emissions
without compromising operational capabilities or cost competitiveness.
The Company owns and operates two purpose-built offshore wind SOVs and three
CSOVs and has eight dedicated offshore wind vessels under construction - one SOV
and seven CSOVs. All newbuild vessels are prepared for zero-emission utilising
liquid organic hydrogen carrier and/or methanol as an energy source.
Read more: www.eddawind.com