Tidal Transit eyes Asian offshore growth

Tidal Transit is accelerating its international expansion by focusing on crew transfer vessels (CTVs) for South Korea’s rapidly growing offshore wind sector.

The image shows a Tidal Transit CTV on the water at sunset

The UK-based company, a leading operator of purpose-designed CTVs, will visit Busan this month to strengthen partnerships and explore opportunities in the Asian market.

The trip follows the signing of a Memorandum of Understanding (MoU) with South Korean marine and offshore specialist Sky Offshore to collaborate on offshore support vessel projects, vessel build initiatives and future tenders.

“At Tidal Transit, we’re looking forward to taking the next vital step towards expanding our operations into Asia,” said Leo Hambro, commercial director, Tidal Transit Ltd.

“The combination of Sky Offshore’s invaluable marine and offshore capabilities with our expertise in energy efficient, safe and reliable crew transfer solutions makes for a very compelling offering.”

Burgeoning market

Alongside fellow MoU signatory Sky Offshore, Tidal Transit will also meet with prospective offshore wind developers, shipyards and maritime technology suppliers during the visit.

Adam Wright, director at Tidal Transit, said: “Our visit to Busan marks a major new milestone for Tidal Transit.”

”We’ve already supplied our solutions to some of the largest names in UK and European offshore wind, and with our move into South Korea’s rapidly expanding offshore sector, we’re truly entering a major new chapter of international expansion.”

Following Busan, the team intends to visit Singapore to meet Penguin International, the shipbuilder behind some of the latest additions to Tidal Transit’s fleet of efficient, multi-purpose CTVs – Arabella Jane, Imogen Rose and Anthea Luna.

The shipbuilder forms a key pillar of the company’s long-term growth ambitions in Asia.