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£7million contracts boost for Maritime Developments


Published Jan 21, 2015
Derek Smith- Maritime Developments
Derek Smith- Maritime Developments

Maritime Developments has won contracts worth in the region of £7m and broadened its product portfolio.

The company, which supports subsea industry operations worldwide, has secured the first order for its innovative portable overside vertical lay system (PVLS) from a leading installation contractor. Maritime Developments will deliver a bespoke vertical lay system tower along with a 4-track tensioner to support a major North Sea field development.

The business has also delivered a package of 10 winches, ranging from five-tonne to 40-stonne specifications, for an international client. It is the third winch package provided to the client to support product handling at a number of locations around the world, with a fourth scheduled for delivery later this year. Each package also features a Maritime Developments 10-tonne overbender tensioner.

Tags: Maritime Developments




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