Strategic Marine Delivers Pair of 27m Crew Transfer Vessels to WEM Marine Ltd

Strategic Marine (S) Pte Ltd, a leading Singapore based shipbuilder and part of Strategic Marine Holdings Pte Ltd, today successfully delivered a pair of 27m CTVs to WEM Marine Ltd, a UK-based offshore support vessel (“OSV”) provider with a growing fleet servicing the renewable offshore wind energy sector. This is WEM’s first order with the Strategic Marine Group.

“We are delighted to deliver these new CTVs to WEM as it is a significant milestone for us as we continue to build our track record in the renewable energy sector. With 23 CTV’s now delivered to offshore wind vessel operators and more than 10 years in this market our team have been able to deliver two of our best ever vessels to service the growing renewable energy market.” said Mr., Chan Eng Yew, CEO of Strategic Marine.

“This is also the first time we have offered comprehensive and flexible financial solutions for both pre and post-delivery for our clients as part of the project which is something we are looking to expand going forward.”.”

The CTVs were both built in Singapore and construction proceeded smoothly despite COVID restrictions and was completed according to schedule. The 27m crew transfer vessels have been designed to meet the specific requirements of WEM who intends to deploy the vessels in UK and European waters.

The vessels are powered by two Caterpillar C32 engines driving fixed pitch propellers providing a robust and efficient propulsion system. 24 technicians and three crew can be comfortably accommodated onboard and personnel transfer to the wind turbines is facilitated by a patented active fendering system.

Mr. David Ford, Managing Director of WEM Marine Ltd said: “We are very pleased to receive these state-of-the-art CTVs on time and to our specification from our partners and friends at Strategic Marine. The company is well known for building industry leading CTVs for the offshore wind industry and throughout our dealings with them, they have demonstrated the highest level of professionalism.”

Paolo Moretti, CEO of RINA Services commented: “Working with specialised companies such Strategic Marine and WEM is an honour. The construction supervision and the classification process were smooth and a chance to cooperate with highly skilled experts. RINA is committed to support the expanding renewable energy market with its deep knowledge of the sector and experience.”

About Strategic Marine:

Strategic Marine Group is a leading shipbuilder with a shipyard in Singapore and presence in Vietnam, Australia, Indonesia and the United Kingdom. It operates principally in five key market segments, producing high quality vessels for Defence and Paramilitary, Ferries and Transportation, Oil and Gas, Ports and Infrastructure, and Renewable Energy.

Strategic Marine Group has built and delivered more than 600 vessels made of both aluminium and steel for a variety of clients in the maritime, offshore and naval defence sectors. Strategic Marine’s solid reputation is based on building high-performance vessels on time and on budget.

Visit the website here: www.strategicmarine.com

About WEM Marine Ltd.:

WEM Marine Ltd are an offshore renewable construction support group providing state of the art offshore support vessels. Their vessels are of the latest design and can work further offshore in the most demanding environments to meet construction and operations maintenance requirements. The management team has many years’ experience in the safe operation of offshore support vessels. WEM Marine Ltd are ISO Accredited 9001, 14001 and OHSAS 18001 and ISM compliant.

Visit the website here: www.wemmarine.com