Singapore’s Mooreast targets floating renewable energy sector with its mooring solutions

Singapore’s Mooreast targets floating renewable energy sector with its mooring solutions

Singapore’s Mooreast Holdings has announced plans to expand its mooring and rigging solutions products range and to enhance partnerships with international players as it eyes expansion in the global floating offshore renewable energy sector following an IPO last November.

Mooreast said it has been actively developing and marketing a suite of innovative mooring and rigging solutions catering to various markets, with particular focus on floating renewable platforms. The group has been involved with manufacturing bespoke anchors, floating solar farm solutions, as well as chain stoppers.

The group’s post-IPO strategy has been to deepen penetration into the renewable energy sector globally. Since February 2022, Mooreast has established collaborations with several leading Japanese companies in the energy, construction, and engineering space to pursue opportunities in floating wind farms in Japan and other countries. Mooreast will provide technical advice and support on mooring systems for such projects.