Chinese firms Yantai CIMC Raffles Shipyard and Huadian Heavy Industries have entered into a comprehensive strategic cooperation agreement on the development of new offshore wind projects in China.
The scope of the cooperation will include wind turbine installation and lease and sale of equipment.
CIMC Gretha, the semi-submersible crane vessel built and owned by CIMC Raffles, will also participate in the joint offshore wind projects between the two companies.