Strategic Marine and BMT Nigel Gee sign collaboration agreementNews // October 4, 2011
Australian shipbuilder Strategic Marine and UK-based vessel design company BMT Nigel Gee Ltd have signed a 'Teaming Agreement' which will provide the shipbuilder with access to BMT Nigel Gee's many designs, in particular vessels for the offshore wind industry and the passenger ferry market.
Strategic Marine will be able to leverage BMT Nigel Gee's design expertise - in combination with its own ability to manufacture high quality vessels in Asia - to provide highly competitive solutions to operators around the world, in particular Europe, a target market for the business.
Strategic Marine Chief Marketing Officer Terry O'Connor said: "This agreement gives us immediate access to many proven designs and allows us to expand our already large portfolio of vessels.
"Having attained significant success in the offshore oil and gas sector we can use our experience to work with BMT Nigel Gee developing world leading solutions for operators around the world."
Mr O'Connor said Strategic Marine conducted an extensive market research project in 2010 which identified several new target markets, including offshore wind support vessels and passenger ferries.
"Our agreement with BMT Nigel Gee sets us on a path of meeting our objective to be a world leader in these markets," Mr O'Connor said.
"We already have a reputation as a world leader in aluminium crew boat construction and BMT is one of the world's largest independent design consultancies. The competitive advantage we offer is the ability to manufacture these vessels very cost effectively at our yards in Singapore and Vietnam while maintaining quality through high levels of Australian input and content management expertise."
BMT Technical Director Edward Dudson said: "This relationship we believe will provide a very attractive proposition for the renewable energy sector given the increasingly strong demand for new vessels here in Europe. Strategic Marine has large facilities in Asia and as a consequence is able to provide very quick deliveries."
"While our initial focus is on the offshore wind and passenger ferry markets, we will also be working together with Strategic Marine to identify other opportunities," he added.