Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea

KESTO, the offshore wind joint venture between Denmark’s Esvagt and South Korean shipping company KMC Line, has secured its first contracts, signing a long-term vessel deal with turbine maker Vestas for the Shinan-Ui offshore wind farm. Under the agreement, KESTO will provide offshore service logistics to Vestas from 2028 for a minimum period of 10 …