The 4C Crow's Nest

Ep.1: How do new Crew Transfer Vessel operators get started in an established market?


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Our analysis shows that the top ten CTV operators are taking 65-75% of demand, so it could seem that it’s not a good time for anyone with ambitions to build a fleet.

However, there are new businesses out there making a big impact on offshore wind support services.

In our very first episode of The Crow’s Nest, we talk to Tom Nevin, CEO and co-founder of HST Marine.

In three years, HST has brought four Damen FCS 2710's into operation, acquired and upgraded two existing vessels and has just launched HST Ella from Diverse Marine shipyard (this episode was recorded just before the launch of Ella) - but it doesn't stop there. HST Frances is now in build and two more vessels are on the way. Tom talks about his experiences in being a new operator in the field.

About The 4C Crow’s Nest

The 4C Crow's Nest gives the best view of the service vessel market. 4C Offshore is an industry leader, that provides insight and analysis of global offshore wind project development, and ongoing support during operations and maintenance.

Links

4C Offshore https://www.4coffshore.com/

HST Marine https://hst-marine.com

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The 4C Crow's NestBy Sue Allen