PSA Marine Takes Stake in Njord Offshore

PSA Marine has acquired shareholding in Njord Offshore, which has been managing the crew transfer vessels of PSA Marine’s subsidiary Ventus Marine Limited since 2015.

The company currently manages a fleet of 15 classed crew transfer vessels with a further 2 x 27m new build CTVs in the pipeline to be delivered in the first quarter of 2018.

Tom Mehew, Director of Njord Offshore said: “PSA Marine’s investment in Njord Offshore cements our existing relationship and lays a solid foundation for our future ambitions in offshore wind – both in Europe and the growing market in Asia.”

Peter Chew, Managing Director of PSA Marine said: “This investment reinforces our ambition to expand our presence in Europe’s offshore wind. We have great confidence in Njord Offshore and strongly believe that we can leverage on each other’s strengths and track record to grow our global footprints in offshore wind.”