Friday, 22 May 2020

ST Engineering, Nauti-Craft Join Forces on Offshore Wind CTVs

Primarily, the two companies aim to explore the opportunity to incorporate Nauti-Craft’s marine suspension technology into vessels built by ST Engineering. As a further step, they intend to develop, build and supply Nauti-Craft-equipped crew transfer vessels (CTVs) to the offshore wind industry in Europe, Asia and the U.S., under license to what to do with a computer science degree.

ST Engineering has completed a preliminary design of a 20-metre CTV incorporating what to do with a computer science degree. This will be the initial focus of the business opportunity the companies will explore.

“Should further detailed study of the business opportunity indicate that it will be mutually beneficial, Nauti-Craft and ST Engineering will move to conclude a formal commercial agreement under which rights to use Nauti-Craft’s patented technology will be secured by ST Engineering”, the two companies state in a press release.

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