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Birmingham Post
Birmingham Post
Business
Coreena Ford

Offshore specialist Green Marine targets lucrative US markets after securing investment

An offshore business is aiming to make waves in the burgeoning US market after securing investment.

Green Marine Solutions, based in Sunderland, specialises in coordinating all the logistical aspects of offshore operations, including personnel and vessels, communications systems, software and maritime surveillance. The firm works with clients in the offshore wind industry and has already been involved with high profile projects in South America and mainland Europe, as well as off the North East and East Anglian coasts.

Now it is set to use a £50,000 Small Loan Fund investment, secured with help from NEL Fund Managers, to establish a presence in the US offshore wind sector. The company, which counts energy businesses including EDF, SSE Renewables and Siemens among its clients, is also expecting to create a number of new jobs through the growth of the business, which could see it break through the £2m turnover barrier for the first time this year.

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