Maritime Developments’ Portable Vertical Lay System has been acknowledged by judges as a significant breakthrough in the global SURF market.
MDL’s industry-first modular PVLS won the Innovation and Technology category at the Subsea UK Business Awards 2018. The annual event celebrates the achievements of companies and individuals in the British subsea industry, which has the challenging North Sea basin at its core.
The category, which this year saw the highest number of entries on record since the awards started over 10 years ago, recognises excellence in developing new technology and bringing it to market.
Derek Smith, CEO and founder of MDL, said: “This award recognises some of the core values that have been at the heart of MDL since we launched the business 18 years ago – our commitment to never stop innovating.
“I would like to thank all the team at MDL who brought this system to life and proved the technology on projects in different basins around the world.
“But I would also like to congratulate our clients, as they are the ones who truly introduce innovation into our industry – by putting their trust in a company like ours and working with us to bring pioneering technology like the MDL PVLS to the market.”
Find out more about the MDL PVLS here.
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