ESVAGT and KMC Line have signed a memorandum of understanding aimed at exploring the potential in Korean offshore wind.
Denmark-based maritime offshore wind operator ESVAGT is entering this regional market through a strategic partnership with KMC Line. The two companies signed the MoU in the presence of the Korean ambassador in Denmark, Hyong Gil Kim; the Danish ambassador in Korea, Svend Olling; and Danish Shipping CEO Anne H. Steffensen.
“We are very proud to have signed a MoU with KMC Line and are looking forward to a fruitful partnership,” says Peter Lytzen, CEO of ESVAGT. “We have no doubt that ESVAGT and KMC Line present a compelling offering. By combining KMC Line, a reputable shipping company with a strong presence in Korea, and ESVAGT’s expertise in Europe as a leading SOV operator, we can offer the growing Korean offshore wind industry a first-class service.”
“KMC Line is dedicated to helping develop offshore wind in Korea, and we are happy to cooperate with a market leader like ESVAGT,” adds KMC Line CEO James Jonghoon Kim. “Together, we can provide an expert and high-quality service for offshore wind and help the energy transition in Korea for many years ahead.”
