CWind to Invest GBP 14 Mln in Six New Vessels

CWind has decided to invest in excess of fourteen million GBP in six new build, crew transfer vessels.

The purpose built vessels will be a mix of vessels manufactured in both composite materials and also in aluminium delivering on CWind’s ambition to create a diverse logistics mix to meet the individual needs of our customers.The sizes of the new vessels will be a mix of 22m, 23m and 26m.

Speaking on behalf of the board, Chris Randle commented:

“CWind has a very clear strategy and in alignment with this, these vessels will continue to drive CWind’s future growth in offshore wind and increase our market share as we focus the business on the two core areas of construction and O&M. This is the single largest capital investment that CWind has made to date in crew transfer vessels and whilst the CTV market becomes increasingly competitive these vessels will continue to differentiate the CWind brand and deliver the highest levels of customer performance, value and safety”.