Blue Offshore will operate the facility by arrangement with North Tyneside Council. The agreement has started with preparation works over the past weeks and the main assembly and construction activities to take place in December 2011 and January 2012. Caley Ocean Systems will perform assembly and construction activities, while Blue Offshore’s specialist partner, Titan Heavy Transport, will assist with logistical and load-out operations for the 600 tonnes cable installation system onto either a barge or vessel to be used for cable installation projects in the Baltic Sea and German sector of the North Sea in 2012 and 2013.

Linda Arkley, Elected Mayor of North Tyneside said: “We are delighted that Blue Offshore has chosen to locate to the former Swan Hunter shipyards site initially for the period required for the assembly and construction of its cable installation system, but potentially longer as opportunities arise within the offshore wind sector.”

“This is further evidence that prestigious companies want to come to the North Bank of the Tyne to be part of our exciting future as a hub for marine, sub-sea  and renewable energy related industries. Success for the Swan Hunter site means success for Wallsend, North Tyneside and the wider borough by providing jobs for local people and investment in our local economy.”

“The European offshore wind farm market offers considerable opportunities to us and we are delighted to be able to these extensive facilities as our logistics base. The Swan Hunter facilities have over 150 years of experience in the field of  marine, oil & gas fields and we hope to draw on this experience in the upcoming years”, said Gerard Kroese, Director Projects at Blue Offshore.

This installation system will consist of an adaptable modular turntable system with carrying capacity up to 9,000 tonnes, loading arm assembly, tensioners, trackways and associated equipment.

Blue Offshore assist their customers with innovative standalone and module-based solutions to suit their particular project needs. This installation system will consist of an adaptable modular turntable system with carrying capacity up to 9,000 tonnes, loading arm assembly, tensioners, trackways and associated equipment. This announcement follows the ongoing development and the recognition of current and future market requirements.

“We have seen Blue Offshore  as a unique opportunity to provide financing based on a firm innovative product and covered by a two year contract with a prominent German Subsea Cable Manufacturer. Blue Offshore has shown ABN AMRO that their financial structure,   company vision and strategy, personal  commitment and willingness to perform,  complies with our values to support a starting venture. With this investment we support the upcoming market of Offshore Installation for the coming decade of Renewable Energy. This transaction is unique in its kind because of the innovative character combined with a management team with a vast experience in this rapidly changing market,  said Ellen Jansen-de Boer& Sarah Wilton-Wels of ABN-AMRO Bank.

“ABN AMRO has demonstrated enormous courage and leadership in supporting our development and we are pleased to have reached financial close for this cable installation system. With the development of this modular and flexible system, we are able to support our customers with their current and future market requirements”, said Evert-Jan van Wijk, Operations Director at Blue Offshore.

Blue Offshore has provided an interview in the ‘Dutch’ Financial Times called ‘Financieel Dagblad’ and was live at Business News Radio.

Blue Offshore FD 20110908

http://www.bnr.nl/programma/aandeslag/709794-1109/even-een-lijntje-uitrollen

Blue Offshore, a specialist subsea construction contractor, have today commenced with the building of their second cable installation system for delivery by Quarter 1 2012. Blue Offshore assist their customers with innovative standalone and module-based solutions to suit their particular project needs. This second installation system will be based on their first system and will consist of an adaptable modular turntable system with carrying capacity up to 9,000 tonnes, loading arm assembly, tensioners, trackways and associated equipment. Delivery is scheduled for Q2 2012. This announcement follows the ongoing construction of the first cable installation system and the recognition of current and future market requirements.

Blue Offshore has been awarded a second lease agreement for their subsea cable installation system by Norddeutsche Seekabelwerke GmbH (NSW) for 2013. The system includes the uniquely adaptable modular turntable system, loading arm assembly, tensioners, trackways, associated equipment and construction crew, to assist with the installation of submarine transmission cables. The new contract has been signed on August 12.

3D image Modular Turntable

DNV ISO 9001 : 2008 Certificate

Blue Offshore's adaptable modular turntable system

“Blue Offshore’s proposal further supported by the outstanding experience and know how of its senior management team were key for NSW. The offered solution supports perfectly NSW’s market position as a high quality, high performance turnkey contractor for submarine power cable projects”, states Thorsten Schwarz, Managing Director at NSW.

Blue Offshore director Evert-Jan van Wijk concludes: “This agreement is a milestone in Blue Offshore’s short history and we would like to thank NSW for their confidence and trust in our solution. We are looking forward to a long cooperation with NSW in the coming decade of international challenging renewable cable installation projects”.

Caley’s Sales Director Gregor McPherson said “We are very pleased to be given this opportunity to continue our longstanding relationship with Blue Offshore. Caley have been successfully building large capacity turntables for the past 15 years, but this exciting project is set to become a new benchmark for the industry.”

“We are delighted to take the next step forward together with Caley as we continue to implement our objective of becoming an innovative and flexible marine engineering contractor. This decision is the result from extensive teamwork and research & development over the last 9 months”, says Gerard Kroese, Director of Blue Offshore.