Two CTVs from Singapore
Singapore-based shipbuilder Strategic Marine has inked a newbuild contract for two 27 m crew transfer vessels (CTVs). The contract includes an arrangement with financial investors providing WEM with an end-to-end package from shipbuilding construction financing to post-delivery financing.
WEM is a UK based offshore support vessel (“OSV”) provider with a growing fleet of vessels servicing the offshore wind energy sector.
This is its first order with the Strategic Marine Group. Having been acquired by new investors in May 2019, Strategic Marine has unveiled a full suite of financial services to provide a good transaction for its customers. (cd)