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New Rules for Offshore Service Vessels

The technical evolution of offshore support vessels (OSV) has prompted Germanischer Lloyd (GL) to publish new rules for ships intended for offshore support and supply, offshore towing, well stimulation, and other specialized offshore services. On 1 January 2010, new Rules for Hull Structures of Offshore Service Vessels will come into force. These rules apply to ships intended for offshore support and supply, offshore towing, well stimulation, and other specialized offshore services. For these ships the class notation Offshore Service Vessel will be assigned, complemented by optional further notations, such as HNLS for ships carrying hazardous and noxious liquid substances, AH for anchor handling tug/supply ships, WSV for well stimulation vessels, and WTIS for wind turbine installation/construction support ships. Design and operation of offshore vessels differ significantly from those of general cargo ships. Comprehensive international regulations are needed to specifically account for practical demands of OSVs. The new rules reflect today's offshore support vessels. Compared to their predecessors, these ships are larger, more specialized, and technically more sophisticated to meet demands of complex deepwater field developments. The latest review of the OSV rules are intended to support design and build safer and more robust offshore service vessels while minimizing operational risks.

Tidewater Declares Quarterly Dividend


  Tidewater Inc. announced that its Board of Directors declared on November 12, 2015, a quarterly cash dividend of $0.25 per share of common stock payable December 15, 2015, to shareholders of record on December 4, 2015. Tidewater is the leading provider of Offshore Service Vessels (OSVs) to the global energy industry.

Bourbon Orders 56 PSVs

In line with its strategy in modern offshore, Bourbon is expanding its fleet with next-generation, innovative and high-productivity vessels to assist its oil and gas clients in the development of their deepwater and continental offshore operations. On February 28 in the context of its Horizon 2010 plan, Bourbon announced investments of $1.8b, 85 percent of which will be devoted to the Offshore Division. Since January 1, Bourbon has placed the first series of orders

Rolls-Royce Designs Selected for 53 OSV's

UT-Designs and packages of equipment from Rolls-Royce have been chosen for 53 offshore service vessels (OSVs) during the past year. The transaction represents 70 percent of orders placed during the year and is the largest in this sector of the company since the mid-1970s. Twelve of these vessels were ordered just before the end of 2000 and will be worth $57.9 million to Rolls-Royce - bringing the total value of these contracts to the company to $246.3 million.

St. Johns Ship Building Delivers Sea Strength

St. Johns Ship Building of Palatka, Fla. delivered the offshore service vessel (OSV) Sea Strength to A. R. Singh Contractors of Point Fortin, Trinidad.  The 157-ft vessel is currently undergoing owner inspections and is available for work in the Caribbean offshore market. It operates a fleet of approximately 20 vessels including tugs, barges, crewboats and supply boats. Sea Strength Particulars: L.O.A.    157 ft. Beam (Molded)    38 ft.

Saudi Shipbuilding Yard Development MOU Signed

Sembcorp Marine has signed a Memorandum of Understanding (MOU) with Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri), with the objective of preparing a detailed feasibility assessment for the development of a world-class maritime yard in the Kingdom of Saudi Arabia. The intended maritime yard will provide engineering, manufacturing & repair services related to rigs, platforms, commercial vessels and offshore service vessels

ECO Fleet to be Outfitted with Autoload

Autoship Systems Corporation announced that Edison Chouset Offshore LLC (ECO) of Galliano, LA, USA has chosen to have their offshore fleet of vessels outfitted with the Autoload onboard stability program. “The delivery of the Autoload software will be a staged roll-out for the ECO fleet. The initial install is set for 68 of the latest-delivered and soon-to-be delivered vessels. Staging after this group will be the remainder of the ECO deepwater fleet, inclusive of PSVs

Rolls-Royce Secures Two OSV Design Contracts

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Rolls-Royce, a global power systems company, today announced that it has won a £15 million order to provide design, integrated power and propulsion systems and equipment for two offshore service vessels for ship owner Island Offshore. The contract includes options of four additional vessels.   Per Kristian Furø, Rolls-Royce General Sales Manager – Offshore said: “We have worked very closely with Island Offshore over the last decade to develop a wide range of

New Generation Shipbuilding OSV Delivered

OSV Mr Ernie: Photo courtesy of Cummins Hotips

The latest Cummins-powered Offshore Service Vessel (OSV) delivery from Houma, Louisiana-based New Generation Shipbuilding is representative of the 'New Generation' in supply vessel design. According to Cummins Hotips, the distinctive bow and fo'csle profile on the 171 by 36-foot Mr. Ernie is reminiscent of some of the progressive International designs. This can be attributed to additional super structure design work by the Lafayette, La

Two More Damen Twin Axe Catamarans for SeaZip

SeaZip 1 (Photo: Damen)

Damen Shipyards and SeaZip Offshore Service signed another contract for two Damen Fast Crew Suppliers (FCS) 2610 at Wind Energy in Hamburg. The two new vessels, to be named SeaZip 3 and SeaZip 4, will be mobilized in transporting personnel and small quantities of freight to North Sea offshore wind farms. The new orders follow the delivery last year of two FCS 2610 – named SeaZip 1 and SeaZip 2 – that have been performing successfully at the NordseeOst and DanTysk offshore wind

Damen Coordinating European Innovation Project LeanShips

Svitzer - RSD 2513 - Artist Impression

  The European Innovation Project LeanShips – Low Energy And Near To Zero Emissions Ships – will demonstrate the effectiveness and reliability of energy saving and emission reduction technologies at real scale. LeanShips is one of the first projects funded under the new European

Ship Finance Buys Three Boxships

Pic: Ship Finance International Limited

 Ship Finance International Limited has acquired three 9,000 teu capacity container ships that are under construction from an unrelated third party.   The Fredriksen-led company said that the three vessels are currently being constructed to a fuel-efficient design at an undisclosed yard

SeaZip Offshore Service Commences Operation


  Harlingen-based SeaZip Offshore Service has entered into a partnership agreement with Heerema Marine Contractors (HMC). HMC, the world's market leader in transporting, installing and dismantling offshore oil and gas installations, has contracted service vessel SeaZip 4 for its annual

Farstad Shipping Dives into Loss

Subsea vessel Far Sentinel. Photo: Farstad Shipping

 Norway’s Farstad Shipping ASA has seen red in the second quarter of 2015 as impairments and currency losses drove the company into a loss.   Farstad’s profit after taxes (PAT) was negative NOK 119.5 million, versus positive PAT of NOK 46.7 million a year earlier

OilCraft’s TwinBow Challenge

Courtesy OilCraft AS

There’s a new vessel design needling this competitive little shipping town. Still unknown in design circles, the “porpoise-nosed” TwinBow is brainchild to local start-up OilCraft and its wunderkind chief exec, Stian Teige, a self-taught computer renderer.

Energy Sector Volatility Affects Middle Market M&A Activity

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Market volatility for the petroleum sector provides a backdrop to an evolving Merger & Acquisitions environment for the Offshore Sector. In the 3Q edition of Maritime Professional, this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010

Vard Wins Farstad's OSCV Contract

VARD 3 17 design, with a total length of 98 metres and a beam of 21.5 metres, and features a 150 tone active heave compensated offshore crane

  Vard Holdings Limited (“VARD”) has secured a contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”). The vessel will be of VARD 3 17 design

Nordic Yards Delivers 'Wind Server'

Wind Turbine Service Jack Up Vessel

  Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’. “We are proud that with this innovative offshore vessel for DBB Jack-Up we have today

Great Ships of 2014 Named

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In the culmination of it 75th Anniversary year in 2014, Maritime Reporter & Engineering News is announced the 17 “Great Ships of 2014” in its December 2014 edition, available now at:

Chemical Tanker Turned OSV

In its former life, Uksnoy Shipping’s seismic support vessel Rig Adromeda was a Turkish-built chemical tanker,  converted to an Offshore Service Vessel with a twist: an innovative permanent-magnet propulsion system from Inpower. (Photo courtesy Uksnoy Shipping)

With innovation in its Norwegian DNA, Uksnoy Shipping took a chemical tanker and made it into an Offshore Service Vessel with an innovative propulsion system. The conversion of a Turkish-made chemical tanker and its retrofitting with a promising new energy-saving propulsion system in 2013

Ulstein Delivers PSV Blue Queen

Blue Queen (Photo: Ulstein)

Platform supply vessel (PSV) Blue Queen, of Ulstein’s PX121 design, was delivered to Blue Ship Invest from Ulstein Verft on February 24, 2015. This vessel is the first of two for which Norway-based Golden Energy offshore is awarded the ship management contract.

The German Shipbuilding Rebound

Tamsen Shipyard, Rostock: Minehunting vessels  “Herten” and “Homburg” at Tamsen Shipyard.

German shipbuilding has made a significant turnaround. The country’s shipbuilding industry has seen increases in the number of employees, orders and deliveries compared to 2013, according to the German Shipbuilding and Ocean Industries Association (VSM).

Tampnet, Marlink Partner for Offshore 4G Services

A key aspect of Tampnet’s 4G infrastructure service for offshore communication is low latency. (Image: Marlink)

New low latency mobile communication services set to improve support of offshore vessel operations   Marlink and Tampnet have signed a partner agreement for the delivery of offshore Long Term Evolution (LTE) based services in the North Sea

Norway’s (Winding) Path Ahead

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A precipitous plunge in energy pricing is problematic for a prodigious oil producing nation such as Norway, but it really only tells a portion of the story when evaluating the immediate future for the collective maritime and offshore energy markets

Tuco Debuts 10m Wind Farm Service Boat

Image: Tuco Marine

Tuco Marine Group of Denmark discloses the newest vessel in the ProZero series of Fast Rescue Boats, Daughter Crafts and Workboats; The New 10m WIND FARM SERVICE BOAT.   The new design is released shortly after Tuco won the order for two 11m Wind Farm Service Boats that have been ordered

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