Cyan Renewables completed the acquisition of 75% majority stake in Sentinel Marine.

Cyan Renewables, Asia’s offshore wind vessel operator, completed the acquisition of 75% stake in Sentinel Marine, operators of quality offshore support vessels. Financial terms were not disclosed. “This acquisition allows Cyan Renewables to demonstrate its long-term commitment to supporting the local economy with substantial job creation and dynamic knowledge transfer. It is also in line with Cyan Renewables’ goal to double our fleet through the acquiring and newbuilding of vessels in the coming years,” Lee Keng Lin, Cyan Renewables Founding CEO.