Home » Mainstay Marine unveils Groundbreaking UK-built CTV Initiative with competitive Financing Offering

Mainstay Marine, in collaboration with Siemens Financial Services, will strengthen the current domestic shipbuilding market with the launch of a pioneering UK Built Crew Transfer Vessel (CTV) solution starting from a cash price of £4.5m. The initiative capitalises on Mainstay’s shipbuilding expertise and the upcoming delivery of the industry-trusted Chartwell Ambitious Class compliant design CTV. Siemens Financial Services will offer competitive marine finance solutions.

The partnership has emerged from Mainstay’s recent build of Seacat Services’ ‘Mayflower’ Ambitious design at their state-of-the-art Pembroke Dock facility, with on-time and on-budget delivery.

Operations Manager, Sam Hooper remarks,

“Leveraging the expertise of our seasoned production and design teams (including our four in-house naval architects) the learnings from Mayflower have allowed us to enhance our operational processes and identify and capitalise on opportunities to reduce construction costs without compromising quality”.

Charlotte Wood, Commercial Manager, commented,

“By opting for quality British craftsmanship, CTV operators can avoid the concealed costs often incurred with foreign yards, such as transportation, insurance, and international project management. Moreover, our clients benefit from long-term vessel reliability and the guarantee of prompt warranty services. We very much look forward to working with our partners to help meet the demands of the sector”.

In addition to pre-priced specification options, Mainstay will provide bespoke engineering solutions and discounts for multiple orders.

Andrew Southwood, Marine Finance Lead at Siemens Financial Services commented:

“With our deep industry expertise, Siemens Financial Services is able to provide market-leading marine finance solutions. We are delighted to support UK shipbuilding through a quality shipyard like Mainstay Marine, helping CTV owners grow their businesses and enabling the scaling of the offshore wind supply chain”.

Mainstay will be exhibiting at the Workboat Association Pavilion at Seawork. For additional details or to arrange a meeting at Seawork, email charlotte.wood@mainstaymarine.co.uk

© Mainstay Marine Solutions

About Mainstay Marine Solutions:
Mainstay Marine Solutions is a leading marine engineering firm that specialises in designing and building bespoke commercial craft. Their world-class site in Pembroke Dock, South West Wales is home to an exceptional workforce with comprehensive skill sets. Committed to achieving exceptional Safety, Health, Environment and Quality (SHEQ) performance, ‘Mainstay’ is the perfect partner for all your marine engineering needs.

For more details please visit: https://www.mainstaymarine.co.uk/

About Siemens Financial Services (SFS):
The B2B financing arm of Siemens, SFS provides financing that makes a difference. SFS empowers customers around the globe to access technology with the aim of increasing their competitiveness. Based on its unique combination of financial expertise, risk management and industry know-how, SFS provides tailored financing solutions across a range of industries, paving the way for enhanced industrial productivity, smart infrastructure and sustainable mobility, thereby facilitating the energy transition and enabling high-quality healthcare. Its Marine Finance arm offers solutions for refinancing, renewing, replacing or expanding fleets as well as helping to finance business critical assets within the marine supply chain www.siemens.co.uk/marine-finance.