Seawork exhibitors sign string of deals

Seawork 2014 exhibitors, UK-based Alicat and South Boats IOW, have signed a string of specialist supply chain service agreements within the booming UK wind energy market.

The companies say the UK wind energy market continues to offer a significant opportunity to develop a world-class manufacturing and supply chain base.

With over 30,000 offshore wind energy jobs due to be created over the next eight years alone, the market is as much driven by the short-term success of Tier One contractors, as it is by the long-term confidence of manufacturers and contractors working with them.

“With over 40 projects currently in play and with an estimated investment value of upwards of £80 billion, the UK manufacturing market has a clear and tangible opportunity to establish a strong domestic supply chain that will present real international export market potential in the future,” said Steve Thacker, director, Alicat and South Boats IOW.

As part of the agreements, the companies will undertake a series of bespoke electrical design, installation and refitting briefs throughout 2014. These commercially sensitive projects provide critical long-term support to key participants currently operating in the UK offshore energy markets.

In addition, Alicat and South Boats IOW have received a string of workboat orders from leading operators within the market in recent months, including a £5.5m, two-workboat deal with Lowestoft operator Iceni Marine Services and a £10m, three-workboat agreement from Seacat Services. Both orders will be supported and delivered by a team of 250 located in Great Yarmouth and in Cowes.

Visit Alicat and South Boats IOW at Mercator Media Ltd’s Seawork International 2014 on stands B159, V28 and V27.