Norway-headquartered advanced lifting and handling solutions provider Red Rock has entered the subsea crane market thanks to a contract with an undisclosed client.
Red Rock reported today, March 24, that it had secured a contract for the delivery of an offshore subsea crane, marking the company’s entry into the subsea crane market and expanding its portfolio of advanced lifting solutions for offshore operations.
The Norwegian firm did not reveal any details about the contract, but did say that it was awarded by a well-known European shipowner.
“Our entry into the subsea crane segment is a natural next step for Red Rock,” said Thomas Holte , Red Rock’s CEO. “We are using our experience with advanced motion-compensated systems to meet the demanding requirements of subsea operations. This contract confirms that our technology and expertise are relevant well beyond our traditional markets.”