The Korea-based companies aim to collaborate with Balmoral Comtec through this new MoU to establish a secure and optimised operational system for floating offshore wind cables. Additionally, LS Marine Solution will enhance installation efficiency and ensure stable maintenance, supporting the successful execution of the project, Balmoral said on 17 February.
Bill Main , Managing Director of Balmoral Comtec, said: “This Memorandum of Understanding (MoU) highlights our ongoing commitment to the floating wind sector. We are delighted to collaborate with LS Cable & System and LS Marine Solution on the Bandibuli project. Balmoral Comtec is uniquely positioned to support the offshore wind industry, drawing on our decades of experience. By leveraging our innovative products and expertise, we aim to help accelerate the industry’s growth and meet its ambitious targets.”