Offshore energy support provider expands fleet with £2.3m investment
MMS Offshore Renewable Services, which provides support services for the offshore wind industry, has expanded its fleet of ships through a £2.3m lending package from Yorkshire Bank.
The Hull-based business used the cash injection to invest in a 26-metre, Fast Crew/multi-purpose offshore support vessel.
MMS Offshore Renewable Services is based on the Humber river at the hub of the North Sea’s shipping route. The company owns and operates a fleet of workboats, which offer clients services including equipment supply, crew transfer, civil engineering support and offshore survey work.
The new vessel, named MMS Supreme, will double MMS Offshore’s capacity to support its wind farms customers in the North Sea.
Rob Langton, managing director at MMS Offshore Renewable Services, said: “Our investment in this state-of-the-art vessel signals the next stage of our growth strategy and will allow us to improve our overall service and increase our presence in the market.
“We have worked with Yorkshire Bank for over 20 years and their ongoing support has been hugely appreciated.”
Daniel Ruston, corporate and commercial relationship manager at Yorkshire Bank, added: “We’re proud to be backing a well-established business with a rich heritage of supporting the maritime and marine sector in its native Hull, which is one of the city’s most important industries.
“Investment in the Humber’s offshore wind sector is steadily growing and the management team at MMS Offshore Renewable Services are in a prime position to capitalise on this trend. As a Bank, we’re committed to supporting SMEs across the region and look forward to working with the business into the future.”
