Eidesvik, Agalas to build world-first methanol-powered subsea/offshore wind vessels

Agalas had already ordered one vessel and reserved slots at a Turkish shipyard for up to four CSVs, all of which could be equipped with methanol combusting dual-fuel generator sets and battery-hybrid propulsion.

The first of these vessels will be owned by Eidsvik Agalas, of which Eidesvik retains a majority stake of 50.1% with 49.9% owned by Aglas, which has financial backing from northern Norway banks for the newbuildings.

This 100-m vessel is set to be built at Sefine Shipyard in Turkey with delivery in Q1 2026, when it will enter a 3-5-year time charter with Reach Subsea. Full management of the vessel, including crewing, will be provided by Eidesvik.

Eidesvik is once again pushing boundaries with the introduction of the world’s most eco-friendly CSV within its operating segments.

“This new asset aligns perfectly with our strategy, which is founded on sustainable shipping solutions and long-term partnerships with our clients,” said Eidesvik Offshore chief executive and president Gitte Gard Talmo.

“The versatile vessel is designed to meet the demands of both the oil and gas sector and the offshore wind industry. This flexibility increases our capabilities and competitiveness in the future energy mix.”