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Triumph Subsea has one ship on order at Brodosplit in Croatia. Photo: Triumph Subsea

Triumph Subsea presses on with Croatian order as it claims 'major' financial backing

Wind farm vessel start-up says it has big financial institutions behind it following collapse of UK newbuilding deal

8 July 2021 7:35 GMT Updated 8 July 2021 7:35 GMT

in London

Croatia-based start-up Triumph Subsea insists it has strong financial backing after a potential $500m order for offshore wind farm ships collapsed in the UK.

But it will press ahead with its remaining newbuilding programme in Croatia.

The company and UK group InfraStrata have entered into a war of words following the failure of the deal for one firm and one optional 200-metre wind farm development (WDV) vessel at Harland & Wolff shipyard in Belfast.