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Buss Forms French Offshore JV with IDEA

Maritime Activity Reports, Inc.

June 7, 2019

German-based Buss Offshore Solutions and French industrial logistics firm IDEA have formed a joint venture to target the French offshore wind market.

The JV follows the signing of a declaration of intent  in September 2018. The two companies named the JV as Buss IDEA Offshore.

By combining the expertise of both companies, Buss IDEA Offshore is able to offer comprehensive logistics services for the offshore market in France. These include shoreside and base port logistics, which are required for the installation, operation and maintenance phases, along with warehousing and factory logistics for suppliers and manufacturers.

Compared to Germany, the expansion of offshore wind energy is still in its early stages in France, said a release from Buss.

The French government has set itself the goal of obtaining around 40 per cent of its energy from renewable sources by 2030 (announced by President Emmanuel Macron in June 2018).

Martin Schulz, CEO Buss IDEA Offshore and Buss Offshore Solutions said: "The launch of Buss IDEA Offshore at Seanergy show sends out a strong signal. We are officially offering the French market our tailor-made logistics services for the first time and we are proud to be able to contribute our experience from the fields of transport and port logistics for offshore wind farms in the North Sea and Baltic Sea on this future-focused growth market."

Cédric Valmalle, CEO Buss IDEA Offshore and Business Development Director for IDEA said: "Seanergy is the ideal platform for introducing Buss IDEA Offshore to the French market. The strength of our joint venture lies in the fact that our services and experiences complement each other perfectly."

Buss Offshore Solutions is Hamburg-based company has been involved with offshore wind logistics right from the start. It has provided for numerous offshore wind projects in the North Sea and Baltic Sea.

As an independent industrial logistics service provider, IDEA manages supply chains for unusual, specialist and sensitive products. IDEA offers a range of tailor-made logistical support services - from the development and management of supply chains to production, transport and packaging.

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