All change in the heavy lift market
After a difficult period, the heavy lift industry is making changes and diversifying. PES finds out how one such company is meeting the challenge head on. All the know-how and expertise is already in place for what looks like the beginning of a heavy lift revival.
HANSA HEAVY LIFT, which specialises in heavy lift, super heavy lift and project cargo, is stepping up its involvement in the offshore industry with a strong focus on transportation and installation (T&I) in the subsea oil and gas market, as well as the offshore wind farm sector.
Wholly owned by the investment company Oaktree, the shipping line manages a fleet of 17 vessels and operates a dynamic positioning class 3 (DP3) construction vessel, which is ideally suited for offshore installation projects.
With the heavy lift industry in a state of flux and still recovering from a period of overcapacity, HANSA HEAVY LIFT sees much potential for the future in the offshore T&I market.
The carrier notes there was a steep drop in investment in the project and heavy lift market in 2016, and very little activity going forward for new projects.