After almost a decade of lacklustre investment, crew boat owners are renewing their aging fleets, adding more flexible, greener vessels with larger capacities, improved seakeeping and walk-to-work solutions. "There has been a significant amount of under investment in the crew boat market in the past eight to nine years, and now owners are looking for solutions for a replacement of their exiting tonnage," Strategic Marine chief executive Chan Eng Yew tells OSJ. Mr Chan points out that financial support from traditional sources of liquidity have dried up, which has hampered investment in newbuilds, "but we do see demand and enquiries continuing, in particular where Strategic Marine is able to find financing solutions to bridge this gap." Singapore-headquartered Strategic Marine builds crew boats, crew transfer vessels, ferries and security and paramilitary vessels.
展开▼
