SG brief: Mooreast Holdings

The Rampion Offshore Wind Farm in the U.K. Photo by Nicholas Doherty on UnsplashThe Rampion Offshore Wind Farm in the U.K. Photo by Nicholas Doherty on Unsplash

Mooreast Holdings said Monday it has obtained a EUR1 million, or around S$1.46 million order for MA9P anchors, the company’s latest model, for one of Bluewater Energy Services’ projects.

“With the anchors expected to be delivered by the end of August 2022, the contract underscores the rapid market acceptance of our proprietary design which debuted in January 2022. The group foresees its MA9 anchors becoming one of the core anchor models for the floating wind energy market due to their versatility and high holding capacity,” Mooreast said in a filing to SGX.