TAIWAN, 24 JULY 2018 – POSH Kerry Renewables (“POSH Kerry”), a joint venture between offshore marine services provider PACC Offshore Services Holdings Ltd. (“POSH”) and Taiwan-based logistics firm Kerry TJ Logistics (“Kerry TJ”), has secured its first contract for the Taiwan offshore renewables market.

Under this contract, POSH Kerry will provide anchor handling, supply and standby support to an international geotechnical services operator during the site survey, installation and construction of an offshore wind farm. The scope of work will begin off the coast of Guanyin and potentially include other sites in Yunlin and Taoyuan-HsinChu. Work is scheduled to commence in Q3 2018.

The Taiwan-based integrated solutions provider also recently signed a Memorandum of Understanding (“MOU”) with local marine and towage company Seagreen Enterprise (“Seagreen”).

This strategic partnership not only further broadens POSH Kerry’s service portfolio, but also supports the Taiwan government’s goal of building up local offshore marine capabilities through the exchange of knowledge and best practices. Under the partnership, Seagreen can leverage POSH’s extensive track record in executing complex offshore marine projects to enhance its operational know-how. Both POSH Kerry and Seagreen will also embark on joint initiatives to recruit, train and build up a pipeline of Taiwanese crew.