LATC Marine orders two PSV 3300 PSV and two FCS 5009 FSV from Damen
Africa-focused proprietary investment firm L.A.T Cleveson (LATC) has signed an order with Damen Shipyards Group for the supply of two PSV 3300 Platform Supply Vessels and two FCS 5009 Fast Supplier Vessels. This landmark transaction will bring next generation Damen PSVs to the offshore industry of Nigeria and the Gulf of Guinea for the first time, Damen said in its press release.
The purchase is being made by LATC Marine Ltd, a subsidiary of L.A.T Cleveson, which has quickly established a positive reputation by providing state of the art marine vessel supply and offshore operation support services to leading Oil & Gas operators in Nigeria. The company’s aim is to set new standards in the West African offshore oil sector through acquiring modern and technologically advanced assets to serve international & local clients operating in the region. Vessels servicing the offshore industry in the Gulf of Guinea, and specifically Nigeria, typically are substantially older than those operating elsewhere in the world – until now.
The purchase has been financed by Fidelity Bank Plc, a progressive and reputable Nigerian bank, with a dynamic Transport & Shipping division which is poised to support value-adding projects and new/efficiently run companies in the industry, in particular those with a strongly local content status.
Advising on the agreement was RS Platou Africa (RSP), a global organisation with an in-depth knowledge of the industry and the region particularly. Dedicated to creating productive relationships between shipbuilders, operators & end-users, RSP has been a trusted advisory party to LATC and Damen.
Advising on the agreement was RS Platou Africa (RSP), a subsidiary of Clarksons the world’s largest shipbrokers, a global organisation with an in-depth knowledge of the industry and the region particularly. Dedicated to creating productive relationships between Shipbuilders, operators & end-users, RSP has been a trusted advisory party to LATC and Damen.
The Platform Supply Vessels and Fast Suppliers Vessels acquired by LATC Marine will have the full support of the Damen Service Hub in Port Harcourt, as well as the Damen Regional Office in Lagos. An additional Service Hub in Ghana is being planned.
