Renewables

In a significant move for the Asia-Pacific renewable energy sector, U-Ming Marine Offshore (UMO), a subsidiary of the Far Eastern Group, and Purus, a Singapore headquartered global leader in offshore energy maritime services, are excited to announce the formation of UPO Holdings Co., Ltd. (UPO), a joint venture aimed at expanding offshore wind operations in Taiwan and the region.

ABS issued approval in principle (AIP) to Samsung Heavy Industries (SHI) for its innovative HyfloWind Float, a novel hybrid floating offshore wind structure designed to enhance production efficiency and streamline deployment processes.

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