UK operator Seajacks, which is building the ship at Samsung Heavy Industries.
Korea's K-Sure is providing $250m to finance the world's biggest wind-farm installation vessel. Named MV Seajacks Scylla will be delivered in September 2015.
MV Seajacks Scylla was ordered last year and has been specifically designed to meet the demands associated with working off the UK and other North-west European markets.
MV Seajacks Scylla, the new vessel is based on the Gusto MSC NG14000X design and will be the fifth new self-propelled jack-up to join the Seajacks fleet since 2009.
