Seawork exhibitors sign string of regional supply chain contracts
According to Seawork 2014 exhibitors Alicat and South Boats IOW, 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.
Alicat and South Boats IOW, the UK’s foremost manufacturer of class-leading Wind Farm Service Vessels (WFSV), have recently signed a string of specialist supply chain service agreements that underpin core skills and incorporate associated marine electrical, servicing and maintenance contract work.
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.
“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.
In recent months, Alicat and South Boats IOW have received a string of workboat orders from leading operators within the market, 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.
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