18 Sep 2024
Tugdock and Sarens Secure Funding from Crown Estate’s Supply Chain Accelerator for O&M Hub at Port Talbot
Topics: ABP port, heavy lift Operations and Maintenance hub, HeavyLiftNews, offshore wind sector, Partnership, port of Port Talbot, Sarens, secured funding, Supply Chain Accelerator, The Crown Estate, Tugdock, Wales
Tugdock and Sarens have successfully secured funding from The Crown Estate through the initial round of its innovative Supply Chain Accelerator. This is match funding for a joint project by Tugdock and Sarens to develop a heavy lift Operations and Maintenance (O&M) hub at ABP’s port of Port Talbot in Wales.
With key support from major industry players such as ABP and RWE, and other partnerships, the vision for the facility is to provide world class support for heavy lift equipment used in floating offshore wind projects in the Celtic Sea.
Port Talbot’s strategic location near the Celtic Sea makes it an optimal hub for supporting floating offshore wind projects, significantly reducing transit times and operational costs for maintenance, assembly, and logistics.
Established in May 2024, the Supply Chain Accelerator is a £50m fund created to accelerate and de-risk the early-stage development of UK supply chain projects that service the offshore wind sector.
SGC-250, the Sarens Giant Crane nicknamed “Big Carl”at the Port of Ghent prior to mobilising at the Hinkley Point C Project
The partnership between Sarens and Tugdock enables the two companies to jointly offer novel solutions to the fast-growing floating offshore wind industry.
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