Transmission Capital Services Awards Five Year Contract To CWind for Crew Transfer Vessel
(WK-intern) – CWind, a leading provider of services to the offshore wind industry, has announced today that Transmission Capital Services (TCS) has chartered one of CWind’s Crew Transfer Vessels (CTV) on a five-year contract to support works at several of their offshore substations in the United Kingdom.
CWind is using one of its MPC19 resin infused composite catamarans to provide the crew transfer services. In February this year, CWind had announced that it had won a 20-year contract from TC Westermost Rough OFTO Limited, one of the OFTOs managed by TCS, to maintain the secondary mechanical and electrical systems of both the offshore and onshore substations at the Westermost Rough project. The earlier contract covered all routine inspection, diagnostics and planned maintenance work, as well as a first response service and offshore transport.
Lee Andrews, Managing Director CWind, was pleased with the contract win, stating, “We’re very pleased to have won this contract so soon after commencing work for TC Westermost Rough OFTO Limited. It is a confirmation of the quality of the service we provide and a reflection of the commitment of our teams. Low operational costs, given their excellent fuel efficiency and comparatively low day rates, make our MPC19 catamarans the perfect vessel for this sort of contract.”
Dominik Adamus, Senior Commercial Manager at Transmission Investment commented, “The selection process was made easier by the obvious cost-efficiency benefits of the CWind fleet and the existing relationship at the TC Westermost Rough OFTO. We look forward to working with CWind on this engagement.”
CWind is an Integrated Service Provider (ISP) that supports the wind industry by providing on-demand services as well as 360° solutions to ensure the success of our clients’ projects. We’re focused on helping you to achieve your key objectives, and constantly investing to ensure we have the right tools and plenty of talented people to carry out a wide range of tasks.
CWind has a proven track record of delivering cost-effective solutions. And we’ve got everything you’re likely to need: Fuel-efficient and modular vessels, proven project solutions, highly experienced turbine technicians and fully accredited training services. We can deliver it all as stand-alone or packaged services, wherever and whenever needed. cwind247.com
Forward Looking Statements
“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: This release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking statements, including statements regarding the commencement or completion of the offering. Generally, forward-looking statements include information describing the offering and other actions, events, results, strategies and expectations and are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. These statements are based on the beliefs and assumptions of HC2’s management and the management of HC2’s subsidiaries (including target businesses). Factors that could cause actual results, events and developments to differ include, without limitation, capital market conditions, the ability of HC2’s subsidiaries (including, target businesses following their acquisition) to generate sufficient net income and cash flows to make upstream cash distributions, HC2 and its subsidiaries ability to identify any suitable future acquisition opportunities, efficiencies/cost avoidance, cost savings, income and margins, growth, economies of scale, combined operations, future economic performance, conditions to, and the timetable for, completing the integration of financial reporting of acquired or target businesses with HC2 or HC2 subsidiaries, completing future acquisitions and dispositions, litigation, potential and contingent liabilities, management’s plans, changes in regulations, taxes and the risks that may affect the performance of the operating subsidiaries of HC2 and those factors listed under the caption “Risk Factors” in HC2’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, filed with the Securities and Exchange Commission. All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. HC2 does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operation results.
About Global Marine Systems Limited
Global Marine Systems Limited, is a leading provider of engineering and underwater services, responding to the subsea cable installation, maintenance and burial requirements of its customers around the world.
With a fleet of vessels and specialised subsea trenching and burial equipment, the company has a 165-year legacy in deep and shallow water cable operations. Global Marine’s primary markets are oil & gas, renewable energy & power, telecommunications and deep sea research.
Global Marine holds the RoSPA Order of Distinction in recognition of 17 consecutive years of outstanding occupational health and safety results.
Global Marine has two longstanding joint ventures in China, S.B. Submarine Systems and Huawei Marine Networks, and in February 2016 acquired a majority interest in offshore renewables specialist CWind.
About HC2 Holdings, Inc.
HC2 Holdings, Inc. is a publicly traded (NYSE MKT: HCHC) diversified holding company, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. HC2 has a diverse array of operating subsidiaries across seven reportable segments, including Manufacturing, Marine Services, Utilities, Telecommunications, Life Sciences, Insurance and Other. HC2’s largest operating subsidiaries include DBM Global Inc., a leading structural steel fabricator and erector in the United States, and Global Marine Systems Limited, a leading provider of engineering and underwater services on submarine cables. Founded in 1994, HC2 is headquartered in New York.
CWind schließt 5-Jahres-Vertrag für Personaltransportfahrten zu Offshore-Windparks / Pressebild