Hexicon acquires remaining stake in Swedish floating wind project
14 May 2026
Stockholm-based floating offshore wind developer Hexicon has entered into an agreement to acquire the remaining 50% stake in the Mareld offshore wind project from its joint venture partner Mainstream Renewable Power. Following the transaction, Hexicon will have full control of the project. The compa
Stockholm-based developer Hexicon has officially secured full ownership of the Mareld offshore wind project by acquiring the remaining 50% stake from Mainstream Renewable Power. This strategic consolidation marks a significant shift for the floating offshore wind sector in Sweden. As the maritime industry pivots toward sustainable energy, the expansion of such projects necessitates specialized support vessels, including Anchor Handling Tug Supply (AHTS) units and offshore construction vessels, to manage the complex installation of floating turbines in deep-water environments.
The development of large-scale offshore wind farms like Mareld must strictly adhere to the IMO’s International Convention for the Safety of Life at Sea (SOLAS), specifically Chapter V regarding safety of navigation. Furthermore, operations must comply with MARPOL Annex VI regulations concerning air pollution and emission controls for support vessels. Classification societies such as DNV and ABS provide the essential framework for offshore unit certification, ensuring that operational procedures meet global safety standards for dynamic positioning and heavy-lift maneuvers during the construction phase.
This transition toward full control by Hexicon will directly impact navigating officers and masters tasked with managing complex offshore logistics. These professionals must familiarize themselves with updated site-specific navigation protocols and dynamic positioning requirements essential for floating wind farm maintenance. Navigating officers should prioritize advanced training in offshore station-keeping and emergency response procedures to ensure compliance with evolving maritime safety standards as these large-scale energy projects become a permanent fixture in the Swedish maritime landscape.
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