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Tidal Transit receives funding for six new-build electric crew transfer vessels

Summary by Industrial News

Offshore crew transfer vessel (CTV) owner Tidal Transit has secured equity financing from maritime and logistics investor HICO Investment Group to expand its fleet with six new electric CTVs (E-CTVs). Electric transition strategy The six new-builds, to be delivered from 2026, will complement Tidal Transit’s existing fleet of ‘electric frontrunner’ CTVs while the industry transitions to electric. To help accelerate this transition, the company is…

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Industrial News

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Tidal Transit receives funding for six new-build electric crew transfer vessels

Offshore crew transfer vessel (CTV) owner Tidal Transit has secured equity financing from maritime and logistics investor HICO Investment Group to expand its fleet with six new electric CTVs (E-CTVs). Electric transition strategy The six new-builds, to be delivered from 2026, will complement Tidal Transit’s existing fleet of ‘electric frontrunner’ CTVs while the industry transitions to electric. To help accelerate this transition, the company is…

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Industrial News broke the news in 17 days ago on Thursday, February 6, 2025.

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