Tidal Transit Plans Great Offshore Wind Investment (UK)

A Docking based company is planning major investment into offshore wind industry.

They are planning to invest GBP 10 million to acquire 8 boats.

Earlier this month, Tidal Transit has purchased two state-of-the-art, purpose-designed 20 meter support vessels to transport construction workers and maintenance crew out into the Greater Wash and southern North Sea energy zones.

Offshore wind industry offers great business opportunities with planning consents for more than 2,000 offshore wind turbines at no more than 15 to 20 miles from the coast between Grimsby and Lowestoft.

Tidal Transit Commercial Director, Leo Hambro said: „These incredible feats of engineering and construction are already creating an amazing demand for vessels for survey work and other preliminary tasks, and that demand will continue to grow as each wind farm enters its construction phase. Furthermore, with the push towards the Round 3 projects, very few of the existing vessels are able to operate at the extended distances, such as Norfolk Bank, whereas our new fleet can operate up to 150 miles from safe-haven”.

[mappress]

Offshore WIND staff, December 23, 2011; Image: tidal-transit