HST Marine secures finance for HST Ella and more vessels

4C Offshore | Sue Allen
By: 14/09/2021 HST Marine
HST Marine (HST) secures funding for HST Ella with LCM Partners, and an additional intention to fund a further four vessels up to £20 Million.

HST hosted Graeme Laing (Head of Asset Finance) and Adrian Cloake (Chief Investment Officer) from LCM Partners onboard their new “Game Changing” Hybrid Crew Transfer Vessel
HST Ella which utilises zero emission technology to service the Offshore Marine Industry. HST & LCM recently concluded a deal for the construction and through life financing of the HST Ella with an agreement in principle to finance four more vessels with a potential value of £20 million.

HST Ella is a 25 Hybrid Chartwell 24 design vessel which was launched in August and is currently working on the East Anglian ONE offshore wind farm.

HST currently has seven vessels active in offshore wind, plus
HST Frances in build, with orders for a further two vessels.

For everything you need to know about the strategies used to support the construction and O&M of offshore wind farms, current and future, including supply and demand for service and accommodation vessels, and helicopters, click here.