New orders lead to Seasight Davits expanding to the US

New orders lead to Seasight Davits expanding to the US

Seasight Davits was recently awarded its first US orders;

Supply contracts for the two offshore projects off the US East Coast. The contracts are for a total of 77 davit cranes – all with an outreach of 4 meters and a lifting capacity of 1 ton.

Signing these contracts was of particular importance to the Danish davit crane supplier as it would also lead to establishing its third subsidiary, Seasight Davits US.

Service agreements ready for signing

To the supply contracts, Seasight Davits is hoping to receive a 2-year service agreement.

“Service agreements make things even more interesting because they, unlike a supply contract, gives prospects of long-term and continuous work, which is very important when entering a new market and even more so when establishing a new company,”

Alex Kristensen elaborates.

In January 2022, Seasight Davits US became a reality with its registration in the State of Delaware. The next step is to register in New York State, where the subsidiary will be located.

To this, Alex Kristensen explains:

“We will start manning up with personnel in the US from the beginning of 2023 as we need to have a local team of technicians ready when the annual service campaigns of the davit cranes commence, which is expected to be in 2024.”

The davit cranes will be produced at Seasight Davits’ facilities in Ringkøbing, Denmark. And deliveries are scheduled to start at the end of the year.

In addition to the newly established Seasight Davits US, Seasight Davits also has subsidiaries in the UK (2020) and Taiwan (2021).