Creation Covenant Alliance

Cyan strengthens offshore wind connections in South Korea

Cyan DRS KWP

Seraya Partners’ Portfolio Company, Cyan Renewables, Signs MoU with DRS KWP

Cyan Renewables, a portfolio company of Seraya Partners, has recently entered into a Memorandum of Understanding (MoU) with DRS KWP to bolster the offshore wind industry in South Korea.

DRS KWP, a subsidiary of the Dae-Ryuk Shipping (DRS) Group, operates as a provider of crew transfer vessels (CTVs) and offshore tugboat services in South Korea. The new partnership between Cyan Renewables and DRS KWP aims to collaborate on operations and maintenance (O&M) tenders for South Korea’s offshore wind market. This collaboration will entail DRS KWP overseeing the provision of CTVs, while Cyan Renewables will be responsible for supplying service operations vessels (SOVs).

Offshore Wind Potential in South Korea

Recognizing the potential of offshore wind in South Korea, Lee Keng Lin, CEO of Cyan Renewables, expressed enthusiasm about the collaboration with DRS KWP. He highlighted how DRS KWP’s local expertise, coupled with Cyan Renewables’ operational know-how, can help resolve supply chain issues and stimulate growth in South Korea’s offshore wind industry.

DRS KWP’s Executive Vice President, Cho Kyu Sung, echoed this sentiment, stating that the joint venture is well-positioned to significantly impact South Korea’s offshore wind sector.

Addressing Supply Chain Issues

According to Cyan Renewables, this partnership can ease the supply chain issues in South Korea’s offshore wind industry and foster local talent development. The Singapore-based offshore wind vessel owner, Cyan Renewables, established in 2022, hopes that this collaboration will support South Korea’s ambition to increase offshore wind capacity to 14.3 GW by 2030.

The company’s South Korea office was inaugurated in early April. This is the second partnership with a South Korean firm by Cyan Renewables, following an MoU with Hyundai Asset Management to enhance the local supply chain and vessel capacity.

Additional Collaborations

Recently, Cyan Renewables also partnered with Ocean Infinity to offer geophysical and geotechnical services for offshore wind projects in the Asia-Pacific region.

Original Story at www.offshorewind.biz

Trending News

Mississippi River Faces Persistent Saltwater Intrusion, Region Seeks Long-Term Solutions



For the third consecutive year, the Mississippi River is experiencing significant saltwater intrusion, prompting local communities and environmental experts to search for sustainable solutions. This recurring issue arises as the river’s flow decreases, allowing saltwater to move upstream and threaten drinking water supplies. The U.S. Army Corps of Engineers is actively involved in addressing this problem, employing temporary measures like saltwater barriers to mitigate the impact on affected areas.



Saltwater infiltration poses serious risks to public health and agriculture, as freshwater sources become compromised. The situation is exacerbated by prolonged periods of drought, which have reduced freshwater flow in the Mississippi River. According to the National Weather Service, drought conditions have worsened due to climate change, increasing the frequency and severity of saltwater intrusion events.



Local authorities are collaborating with federal agencies to explore permanent solutions. Among the proposed strategies are enhanced levee systems and improved water management techniques. The U.S. Army Corps of Engineers is evaluating the feasibility of long-term infrastructure projects to prevent further saltwater encroachment. Additionally, community leaders are advocating for increased funding to support these initiatives and safeguard the region’s water resources.



The impact of saltwater intrusion extends beyond drinking water concerns, affecting local ecosystems and agricultural productivity. Farmers in the region have reported crop damage due to elevated salinity levels in irrigation water. The Natural Resources Conservation Service is working with farmers to implement adaptive practices, such as planting salt-tolerant crops and improving soil management techniques.



As the Mississippi River continues to face challenges from saltwater intrusion, stakeholders emphasize the importance of collaborative efforts and innovative solutions. The ongoing threat underscores the need for comprehensive planning and investment to protect one of America’s most vital waterways from the impacts of climate change and environmental stressors.

November 19, 2024



Environmental activists have raised concerns over the fossil fuel sector’s significant impact on COP29, the latest United Nations Climate Change Conference. Activists argue that the industry’s presence diverts focus from critical climate actions.



The conference, designed to promote global climate agreements, faces criticism for allowing fossil fuel companies to participate extensively. Environmental groups claim these companies undermine efforts to reduce carbon emissions and transition to renewable energy sources.



According to Climate Action Network, fossil fuel representatives have increased their lobbying activities, aiming to weaken climate policies. These industries allegedly influence negotiations, leading to watered-down commitments that fail to address the urgency of climate change effectively.



Experts suggest that the influence of these companies stems from financial contributions and longstanding relationships with decision-makers. Critics argue that this affects the conference’s ability to enforce meaningful climate change regulations.



During the event, several protests highlighted the need for transparency and a stronger focus on sustainable energy solutions. Activists are calling for increased participation of renewable energy stakeholders in future conferences.



The controversy surrounding fossil fuel involvement at COP29 underscores the ongoing challenge of balancing industrial interests with the global imperative to combat climate change.



November 19, 2024