NIBC Bank and Rotterdam Port Fund supporting roll out of SafeWay System

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The NIBC Mezzanine & Equity Partners and Rotterdam Port Fund have come to a principle agreement with the Van Aalst Group, Dordrecht, in order to participate as  minority shareholder providing business-building capital for realisation of its growth plans.

The Van Aalst Group has a longstanding reputation in delivering innovative cargo handling systems and is the owner of the unique SafeWay motion compensated offshore access system.

With the new funds SafeWay, as part of the Van Aalst Group, is now able to build a rental fleet of state-of-the-art gangways for the international offshore oil, gas, wind and renewables industries. Production of the first series of gangways has already commenced. Delivery is scheduled for Q1 2018.

SafeWay is producer and operator of motion compensated offshore access systems designed for transferring personnel and cargo safely and efficiently from an offshore vessel to a structure. The design with distinctive technologies such as the roll compensating mast, the Zero Impact Bumpering mode as well as the vertical elevation possibility, is so revolutionary that SafeWay believes the gangway will be a ‘game changer’ in the offshore oil, gas, wind and renewables industries. The company has therefore expressed his ambition to become one of the leaders in safe Walk to Work solutions at sea.

The first SafeWay gangway is currently installed on the 95-metre long OCV ‘Olympic Intervention IV’, owned by Olympic Subsea ASA, Norway, successfully operating in the German sector of the North Sea.

NIBC Mezzanine & Equity Partners is established to underpin NIBC’s entrepreneurial spirit and offers flexible risk-bearing solutions to support successful companies at their most decisive moments by providing risk capital to help realise their (international) growth.

Rotterdam Port Fund is an independent investment fund aimed at innovative companies in the port sector, with a primary focus on the Netherlands and North West  Europe. The Rotterdam Port Fund is a valuable partner with a deep network and knowledge of the industry.

Wijnand van Aalst (Van Aalst Group): “We  look forward to working with the dedicated teams of both NIBC and the Rotterdam Port Fund and bringing the gangways to the market.”