Joint venture for university research vessel

P&O Maritime Services has acquired a 50% shareholding in a UK incorporated joint venture with the School of Ocean Sciences at Bangor University.

Prince Madog is purpose built for providing a range of scientific and survey services.

Through this joint venture, known as P&O Maritime Ocean Sciences (POMOS), P&O Maritime Services will have joint ownership of the Research Vessel Prince Madog and will charter the vessel to the University, government and industry clients.

The Prince Madog is a modern scientific research vessel which is operated out of Menai Bridge, North Wales. The 35m vessel is specifically designed to provide a 24 hour, year round, operating capability. It is purpose built for providing a range of scientific and survey services, including geotechnical, geophysical, hydrographic and environmental services. The Prince Madog is also ideally suited to support a wide range of activities in the UK’s rapidly growing offshore renewable energy industry. P&O Maritime Services Europe has recently entered the offshore renewable market and offers support to wind farm operations, including survey, construction, cable laying, inspection and maintenance.

Built by Visser Den Helder in the Netherlands in 2001, the Prince Madog is well equipped, with versatile wet and dry laboratories and a large aft deck which is serviced by cranes and a large A-frame to facilitate the handling of heavy equipment. It can comfortably accommodate seven crew and 10 scientists. In addition, Bangor University can provide internationally recognised scientific expertise and technical support services.

Alan Rowan, general manager of P&O Maritime Services Europe said, ‘The Prince Madog is a welcome addition to our P&O Maritime Services’ European science vessel fleet, which consolidates our position within this market. We look forward to a very successful partnership with the Bangor University and to exceeding our clients’ expectations for scientific and survey services.’