Kenzfigee and CMIC sign cooperation agreement

KenzFigee, a well-established lifting, handling and service specialist of tailormade equipment for the marine, offshore and wind energy industry, and CMIC, a leading supplier of integrated solutions to onshore, offshore oil and gas, offshore wind and hydrogen sectors, signed a Strategic Cooperation Agreement to explore how both companies can complement each other with regards to the design and supply of identified key products needed to meet the fast growing Offshore Wind market in China.

This cooperation is a result of the rapidly emerging market and the huge and urgent need for offshore renewable energy products for Chinese offshore wind farms, WTIV’s (wind turbine installation vessels) and SOV’s (service operation vessels). This approach is designed to benefit their clients and result in a stronger market position for both CMIC and KenzFigee.

Furthermore, parties have the intention to investigate a potential partnership for possible cooperation of large installation cranes and other equipment for the (wind) offshore market.

“We are excited to work with CMIC and be able to offer solutions for the rapidly emerging market for offshore renewables in China. Through this cooperation we will be able to leverage the vast experience of both companies”, said Maikel Takken, CEO of KenzFigee. “We are very much looking forward to this cooperation and to bringing this plan to full execution.”

“The signing of this agreement brings together the strengths of both companies to provide complementary factors of specialized technology, manufacturing capabilities, and project financing to fill an opportune supply gap”, said  Jiang Binghua, CEO of CMIC. He added, “It will also effectively support the strong growth of our renewable energy business, whereas KenzFigee’s rich experience will add significant value to the markets in China and the East Asian region.”

Established in 1836, KenzFigee has designed and built more than 4500 cranes, lifting and handling solutions that fit the specific needs of its clients in the most demanding conditions. Based on decades of experience, focus on innovation and client requirements, KenzFigee has become a leading supplier and service provider of reliable and durable tailor-made cranes and equipment for the worldwide marine, offshore and wind energy industries.

KenzFigee takes care of clients during the whole life cycle of the equipment. The experienced professionals provide design, engineering expertise and a variety of services, to support clients increasing operational efficiency and to minimize downtime of equipment.

KenzFigee is headquartered in Zaandam, the Netherlands and has branch offices in Abu Dhabi, United Arab Emirates and Aberdeen, the United Kingdom.

CMIC Ocean En-tech is a leading technology company providing complete engineering, manufacturing and integrated solutions to clients in both onshore and offshore oil and gas and offshore wind and hydrogen sectors. CMIC is also in the business of investing in energy sectors including the renewable energy sector. CMIC’s major shareholder is the China Merchants & Great Wall Ocean Strategy & Technology Fund (LP).