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New Osv

ATL Secures 10-Year OSV Contract for ExxonMobil

ATL’s newest OSV contract creates 100 new jobs Atlantic Towing Limited (ATL) announced today that it has secured a new 10-year firm contract, plus a total of 15 years of options at the Charterers’ discretion, with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd. (HMDC) for four new state-of-the art Platform Supply Vessels operating out of St John’s, NL. The first ships for the contract will be delivered in 2016 and will join Atlantic Towing’s current fleet of eight offshore support vessels in Atlantic Canada. The new contract means 100 new jobs at Atlantic Towing’s offshore fleet home port of St. John’s, NL. “ExxonMobil has been a valued customer and we are proud and honored to have the opportunity to support the Hibernia and Hebron operations offshore Newfoundland and Labrador with the highest standard of safety and service,” said Wayne Power , Vice President, Atlantic Towing. The new ships, to be designed and built by Damen Shipyards Group of the Netherlands, will deliver a number of environmental benefits including Clean Design designation with a diesel electric power plant, the latest environmental control equipment, wave piercing bow design, and enhanced crew comfort. "This exceptional contract - the largest in our company’s history - will increase our fleet size, our workforce and our overall contribution to the economy in Newfoundland and Labrador


Wärtsilä Integrated LNG Propulsion System for Harvey Gulf PSV

Harvey Gulf OSV: Photo credit STX Marine

Wärtsilä contracted for a complete (LNG) package, including propulsion, auxiliaries & controls, for a new OSV designed by STX Marine. The ship has been ordered by Harvey Gulf International Marine as a part of the company’s ‘Going Green’ initiative. The vessel will operate in the Gulf of Mexico’s offshore oilfields. Wärtsilä will supply the steerable thrusters, an Integrated Automation System, the Power Management System


Germanischer Lloyd’s Technology Center for U.S. Gulf Coast

According to Germanischer Lloyd (GL), Offshore service vessels (OSV) are becoming larger, more specialized and technically sophisticated as a result of the rising demand for more complex deepwater field developments, including the Gulf of Mexico. Currently, there are some 2,500 OSV worldwide, with a steady growth projected from now through 2020. All this has led to an expanded definition of OSV which refers to "not only traditional supply boats, but also anchor handling tug/supply ships


STX OSV Contracts for Two PSVs

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STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close to NOK 600 million. The vessels will be of STX OSV’s own PSV 08 design. Deliveries are scheduled from STX OSV Langsten in Norway and STX OSV Vung Tau in


Sinopacific Shipbuilding & Topco Link-up at OSV World 2012

Sinopacific Shipbuilding Group to team up with event organizer The Oriental Pro-Energy Consulting Organization (Topco). Sinopacific announce its cooperation with the leading event organizer The Oriental Pro-Energy Consulting Organization (Topco) to jointly present at the Offshore Support Vessel World Forum (OSV World 2012) in Shanghai China on 11-12 Sep 2012. The event, event, supported by Sinopacific, Shanghai International Shipping Institute, UCIBN, LTI Steel Wire Rope, GL, MARIC


Harvey Gulf Buys 9 Bee Mar OSV's & to Stretch 5

A Harvey Gulf Vessel: Photo courtesy of Harvey Gulf

Harvey Gulf International Marine closes its asset purchase purchase deal with Bee Mar LLC. The purchase price for the all-cash sale of Bee Mar's nine Offshore Supply Vessels was US$243-million. Harvey Gulf immediately renamed the vessels consistent with other Harvey Gulf vessels and began seeking bids to stretch 5 of the new vessels to meet 250’ OSV class specifications. Harvey Gulf also announced that it has exercised 2 of its 4 options to construct additional LNG OSV's at TY


VSD Awarded $15M Naval Contract

VSD, LLC (VSD) has been awarded a contract from Naval Air Warfare Center, Training Systems Division, Orlando, Fla., to provide the design, fabrication, installation, and testing of the Iraqi navy training systems and the training development and delivery for the 60-Meter Offshore Support Vessel (OSV). Total contract value is $15,050,000 and work is anticipated to be complete in November of 2011. VSD will develop, construct


Offshore Construction Vessels Ordered from STX OSV

Photo credit STX OSV

STX OSV win contracts for two offshore subsea construction vessels for Norway's Siem Offshore STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured new contracts for the design and construction of two Offshore Subsea Construction Vessels (“OSCV”) for Siem Offshore in Norway. The vessels will be of STX OSV’s OSCV 11 design


NAUTIS Simulators for Amsterdam Tug & OSV Training Center

Photo: NAUTIS

Iskes Towage & Salvage signed an agreement with VSTEP for the delivery of two NAUTIS Tug and Offshore Supply Vessel (OSV) simulators. These simulators are the first units purchased for the new Iskes / Damen Training Center, set up in the new office building of Iskes at the port entrance to the ports of the Amsterdam Northsea canal area, close to Schiphol Airport. VSTEP will initially provide a 360-degree NAUTIS Full Mission Tug Simulator and a 240-degree NAUTIS Desktop Trainer to the


Nautis OSV Simulator Delivered to Miclyn

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Miclyn Express Offshore Singapore purchased a Nautis Offshore Supply Vessel Simulator and Instructor Station for training of OSV activities within the Miclyn fleet. The simulator was delivered and installed by VSTEP. Miclyn Express Offshore has followed up this initial purchase with an order for an identical simulator destined for their Joint Venture Thailand Training Facility. The simulator deal for Miclyn Express Offshore (MEO) includes a 240-degree Nautis OSV Desktop Trainer and Nautis


New OSV-inspired Ferry for the Fiji Islands

Photo courtesy of United Ship Design

In recent decades there have been great advances in design of crewboats and offshore supply vessels to meet the needs of the petroleum industry.  Recently a number of nations have turned to these designs as inspiration for naval craft. Now the Government Shipping Services of the Fiji Islands


Custom Cranes Installed Aboard Nigerian OSV

M350EL hydraulic elbow knuckle-boom marine crane on the Awaritse Nigeria Ltd vessel Prince Job I (Photo: Sormec)

Italian manufacturer Sormec supplies specialist cranes to Nigerian OSV   Global offshore crane manufacturer Sormec has supplied matching cranes for a Dutch-built vessel operating in one of Nigeria's largest deepwater oil fields.  


MN 100: Blount Boats, Inc.

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The Company: Over time, the Blount shipyard has built 363 vessels, including such iconic designs as the 130-foot, 600-passenger Miss Liberty. Built in 1952, the vessel is believed to have carried more total passengers than any other vessel in the world


ASRY 2015 Strategy Combats Challenging Market

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Up to May 2015, ASRY (Arab Shipbuilding & Repair Yard), was seeing encouraging results from it’s 2015 strategy to combat the widespread challenges facing the maritime repair market, particularly shipowners reduced repair budgets. In terms of revenue


Aqueos Adds OSV to Service Line

OSV Clean Ocean (Photo: Aqueos Corporation)

Aqueos Corporation, a provider of subsea services to the Gulf of Mexico and Pacific Coast, has entered into a long term time charter of the OSV Clean Ocean, a California Air Emission Compliant 155’ offshore support vessel (OSV), for its West Coast and International operations.  


Vard in Red

Siem Stingray. Photo: Vard Holdings

 Offshore shipbuilder Vard Holdings reported a net loss of $40mln in the first quarter, on back of unrealized foreign exchange losses from a 15-year USD-denominated yard construction loan in Brazil.   Net foreign exchange losses in the quarter amounted to $37mln


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


Cool Runnings: New Onboard Cooling Soultions

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Sperre says it has a superior solution for equipment coolers onboard ships. Late last year it teamed with W&O to distribute its Sperre Pleat Coolers in the U.S. MR spoke to from Sperre’s Gard Sem (pictured) for insights.    


Technip Buys Out DOF Subsea

Skandi Arctic. Photo: The DOF Group

 The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect.    According to the company, the transaction is done at market terms and will improve the cash position


ABS Issues LNG Bunkering Advisory

Report explores the benefits and challenges of natural gas power from the perspective of fuel providers and operators.   Classification society ABS published a new Advisory about LNG Bunkering in response to the industry's growing interest in gas propulsion


Helm Report Says Workboat, OSV Safety Compromised

Ron deBruyne, CEO and Founder of Helm Operations

  Some 50% of crews working on offshore support vessels are willing to compromise safety rather than say ‘no’ to clients or senior management, while nearly 80% believe commercial pressures could influence the safety of their working practices.  


Zamakona Adds Capacity with New Slipway

Photo: Zamakona Yards Group

Zamakona Yards Group’s Repnaval completes work on its slipway capacity expansion   The shipyard in Las Palmas de Gran Canaria, Repnaval. SA, belonging to the group Zamakona Yards in the Canary Islands, is operating a new slipway.  


Possibly the Worst Quarter on Zero DSV Utilisation

Pic:  Pacific Radiance Ltd

 According to a research note released today from UOB Kay Hian, Singapore offshore vessel operator Pacific Radiance achieved an ominous vessel utilization of 0% for its diving support vessel fleet in the second quarter of 2015.  


SINOPACIFIC Wins Bid for 9 AHTS

Mr. Dagher Al Marar, CEO of ESNAAD and Mr. Simon Liang, Chairman and CEO of Sinopacific Shipbuilding Group at signing ceremony

  SINOPACIFIC Shipbuilding Group was recently successful in winning the bid for the construction of 9 AHTS vessels for Abu Dhabi National Oil Company (ADNOC) and its wholly-owned subsidiary, ESNAAD. ADNOC firstly launched bids for this new-building project in 2013 and then handed it over


Vallianz Signs $458mln Contracts to Extend OSV Charters

Image: Vallianz Holdings

 Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore support vessels (OSV) with an existing customer in the Middle East.  






 
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