Singapore shipbuilder Strategic Marine has clinched an order for wind-farm ships on the back of new financing options available to its clients.
The company, part of Strategic Marine Holdings, said UK shipowner WEM Marine has booked two 27-metre crew transfer vessels (CTVs) for delivery by May.
The shipbuilder was acquired by new domestic investor Vanguard Investment Holdings in May last year and is now able to offer a "comprehensive" financing package to WEM, which has not previously built ships with Strategic.