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CREW TRANSFER JUSTIFIED FAITH


The meat on the bones


Working out of Docking in North Norfolk, over the last four years Tidal Transit has risen to the challenge and opportunity offered by the rapidly expanding offshore wind industry by raising the capital finance to support the purchase of a fleet of four state-of-the-art, purposed designed offshore wind Personnel Transfer Vessels (PTVs).


The faith of Adam Wright and his fellow Director Leo Hambro has been more than justified as the vessels have been on almost continuous charter since each arrived from the Spanish boat builder Mercurio Plastics. They have been in service at Greater Gabbard, Gwynt y Mor, Hornsea and Westermost Rough wind farms during the construction phases and at Sheringham Shoal during both the construction and Operations and Maintenance (O&M) phases.


FUNDING SUPPORT


With Tidal Transit developing funding plans to support further vessel purchases, Leo Hambro remains confident about the future for PTVs, saying: “As the offshore wind industry continues to expand and wind farms are located further from shore, the range of vessel options available to developers and contractors will increase.


“A number of developers have already committed to using Service Operation Vessels (SOVs), but I believe that the flexibility offered by purpose-designed PTVs means they will continue to feature in the majority of financial/operational offshore wind business models.”


Kitty Petra in service 88 www.windenergynetwork.co.uk


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