Acta Marine seeks co-owner to back fleet expansion

Acta Marine and shareholder MerweOord are seeking a strategic co-owner to support the further expansion of the company’s offshore wind business.

The strategic plan focuses on ordering two more construction service operation vessels (CSOVs) in the short term, as well as service operation vessels and workboats, with further expansion plans for the near term.

To finance such expansion, Acta Marine is looking to raise fresh capital from a new co-owner to support the further development of the company together with the current owner.

The company said it is currently in close dialogue with a leading European ship designer to develop the next generation CSOVs.

According to Acta Marine, the newbuilds will see several operational and environmental improvements, including a further reduced carbon footprint, next generation (e)-fuel readiness, zero emission in port through enlarged battery systems and shore power connections.

“We find ourselves in a very strong position to play a major part in servicing an offshore wind industry that sees tremendous growth in terms of installed capacity,” said Rob Boer, Acta Marine Managing Director.

“We want to build on our reputation of having a state-of-the-art fleet and excellent services and strive to put our best efforts, our best people and latest technology into the forthcoming fleet expansion. Our owners, MerweOord, are pioneers in the offshore wind industry having taken Acta Marine to where it is today.”

Clarksons Platou Securities has been appointed as Financial Advisors and Houthoff as Legal Advisors.