Marubeni Acquires Stake in Windward Offshore

Marubeni Corporation, through a wholly owned subsidiary, has acquired a 25.1 per cent stake in Windward Offshore, the Germany-based provider of offshore wind service vessels.

Windward Offshore, established by Diana Shipping, Serafin and SeraVerse, RIVE Private Investment, Blue Star Group, and SeaRenergy in 2023, has four commissioning service operation vessels (CSOVs) under construction at Vard shipyards, with the first one set to be delivered in September of this year.

The German shipowner secured a senior loan facility of EUR 182 million for the post-delivery financing of the four CSOVs at the end of 2024.