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AD Ports, Dajin Heavy Explore Offshore Wind, Maritime Opportunities Under MoU

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AD Ports Group and Dajin Heavy Industry signed a memorandum of understanding to explore offshore wind, maritime logistics, and energy infrastructure opportunities, AD Ports said Tuesday.

The agreement will see the companies evaluate long-term collaboration across offshore wind supply chains, maritime logistics, port infrastructure, and strategic vessel investments, AD Ports said Tuesday.

AD Ports said the partnership supports its broader expansion into offshore energy, following recent agreements with Masdar, Siemens Energy, and Green Parrot, as well as its acquisition of the Spain-based Balenciaga Astilleros Shipyard.

Both companies aim to combine their respective maritime, logistics, and industrial capabilities to pursue growth opportunities in offshore wind and energy infrastructure markets across Europe and other regions.

Under the framework, the companies will assess transportation solutions for offshore wind equipment and explore pre-assembly hubs and logistics services to support offshore energy projects.

The partners will also examine opportunities for cooperation on selected offshore wind tenders, industrial developments, and fabrication and assembly activities related to offshore infrastructure, AD Ports said.

Friedrich Portner, chief commercial officer of AD Ports' Maritime & Shipping Cluster, said the companies aim to work together to deliver "more integrated, efficient solutions across the renewable energy value chain."

The company said offshore wind demand continues to grow as renewable energy investment increases and countries pursue decarbonization goals. The market is projected to reach $307.5 billion by 2035, up from $109 billion in 2026.

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