Van Oord order survives Sietas insolvency

Hamburg based shipbuilder JJ Sietas has filed for insolvency, with hopes that its current construction programme, including a windfarm installation vessel for Van Oord, will remain on track.

An artist’s impression of the newbuild Sietas Type 187 wind farm installation vessel for Van Oord.

Hamburg based shipbuilder JJ Sietas has filed for insolvency, with hopes that its current construction programme, including a windfarm installation vessel for Van Oord, will remain on track.