Arne Blystad-owned OHT has revealed its funding plans for fleet expansion in the growing offshore wind vessel sector.

The company has one foundation installation ship and one wind turbine installation vessel (WTIV) on order at China Merchants Heavy Industry in China, with three options attached in each case.

OHT raised $60m as it listed on Oslo's Merkur Market in September and is now targeting a main board listing in the first quarter of 2021.