On 25 October, four contracts for the charter of crew transport vessels for the Bałtyk OWF projects were signed. Each of the project is developed by special purpose vehicle – Bałtyk II and Bałtyk III accordingly. Each company has concluded two contracts for CTV's charter - one with Northern Offshore Services from Denmark and the other with Njord Offshore from Great Britain.

As part of the contracts, the shipowners will charter a total of four crew transport vessels (CTV) to the companies, supporting the process of building offshore wind farms and transformer stations at sea and providing servicing in the initial period of project operation, including the technological start-up phase (two vessels for each project).

The expected date of launching the ship charter is the second quarter of 2026 for the Bałtyk II OWF project and the third quarter of 2027 for the Bałtyk III OWF project, respectively.

The remuneration for the ship charter has been specified in the contracts as a fixed daily rate taking into account indexation. MFW Bałtyk II estimates the cost of chartering over a three-year period at around EUR 13.5 million, and MFW Bałtyk III at around EUR 13.8 million (if it exercises the option). In addition, in the event of an extension of the contracts for another three years, the additional remuneration for shipowners is estimated at around EUR 30 million in total for both projects.

The Polenergia and Equinor consortium is developing three wind farms in the Baltic Sea with a total capacity of up to 3,000 MW. The Bałtyk 1, 2 and 3 projects will supply over 4 million households with green energy. The first energy from the two most advanced projects, Bałtyk 2 and Bałtyk 3, will flow in 2027. The commercial phase of their use is planned from 2028.

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