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News & Media

Channel News Asia features Cyan Renewables

Cyan Renew is Asia's 1st Offshore Wind Farm Vessel Operator

April 21, 2023 at 4:00:00 AM

21 April 2023, Singapore – Seraya Partners was featured on Channel News Asia’s segment on growing the offshore wind farm industry in Asia-Pacific and its challenges.

[Credits to: Channel News Asia]

One of the key challenges identified was the shortage of specialised vessels serving the offshore wind farm industry. Seraya’s Managing Partner and Chief Investment Officer, James Chern, was quoted, “There are only 5 to 6 shipyards in Asia and another 1 shipyard in Europe that can build [such specialised] vessels. Yet its demand has increased ten-fold.” [See 3.45 minute mark] The news segment recognized Seraya Partners for setting up Cyan Renewables to address the major supply and demand gap.

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