Mainstay Marine Unveils Groundbreaking UK Built CTV Initiative with Competitive Financing Offering

Source: www.gulfoilandgas.com 6/11/2024, Location: Europe

Mainstay Marine, in collaboration with Siemens Financial Services, will strengthen the current domestic shipbuilding market with the launch of a pioneering UK Built Crew Transfer Vessel (CTV) solution starting from a cash price of £4.5m. The initiative capitalises on Mainstay’s shipbuilding expertise and the upcoming delivery of the industry-trusted Chartwell Ambitious Class compliant design CTV. Siemens Financial Services will offer competitive marine finance solutions.

The partnership has emerged from Mainstay’s recent build of Seacat Services’ ‘Mayflower’ Ambitious design at their state-of-the-art Pembroke Dock facility, with on-time and on-budget delivery.

Operations Manager, Sam Hooper remarks,
“Leveraging the expertise of our seasoned production and design teams (including our four in-house naval architects) the learnings from Mayflower have allowed us to enhance our operational processes and identify and capitalise on opportunities to reduce construction costs without compromising quality”.

Charlotte Wood, Commercial Manager, commented,
“By opting for quality British craftsmanship, CTV operators can avoid the concealed costs often incurred with foreign yards, such as transportation, insurance, and international project management. Moreover, our clients benefit from long-term vessel reliability and the guarantee of prompt warranty services. We very much look forward to working with our partners to help meet the demands of the sector”.

In addition to pre-priced specification options, Mainstay will provide bespoke engineering solutions and discounts for multiple orders.

Andrew Southwood, Marine Finance Lead at Siemens Financial Services commented:
“With our deep industry expertise, Siemens Financial Services is able to provide market-leading marine finance solutions. We are delighted to support UK shipbuilding through a quality shipyard like Mainstay Marine, helping CTV owners grow their businesses and enabling the scaling of the offshore wind supply chain”.

Mainstay will be exhibiting at the Workboat Association Pavilion at Seawork. For additional details or to arrange a meeting at Seawork, email charlotte.wood@mainstaymarine.co.uk


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