Marine link
 

Offshore Supply Vessel

Cargotec Receives $75.2m in Orders

Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received significant offshore equipment orders. The equipment will be delivered during 2008–2010 and the value of the orders exceeds EUR 55 million. The orders include an order for anchor-handling and mooring winches delivered for Chinese shipyard Yangzhou Dayang. The shipyard is building 32 offshore supply vessels that will be delivered for French shipowner Bourbon. The other orders include several orders for a total of 23 knuckle boom offshore cranes. The cranes will be delivered for 11 offshore supply vessels which will be built in several shipyards in Europe, USA and India. MacGREGOR established in June a new division MacGREGOR Offshore. The division consists of Norwegian Hydramarine and Singaporean MacGREGOR Plimsoll, which were acquired in the spring of 2007. MacGREGOR’s Offshore division employs more than 700 people while the total number of MacGREGOR personnel is approximately 2,000.


A&P Tyne & Stirling Shipmanagement Renew Agreement

A&P Tyne has announced its new ship repair agreement with offshore supply vessel specialist Stirling Shipmanagement, Glasgow, part of the Seacor Group. The agreement is an extension of the original Heads of Agreement between A&P and Stirling Shipmanagement for the dry dock and repair of Stirling vessels operating within the UK sector, for a further year. A&P Tyne successfully carried out dry dockings/repairs to a total of nine (9) Stirling vessels during last year (2001) including the


Baker Joins EBDG

Elliott Bay Design Group is pleased to announce that Gwen Baker has joined the staff as a Marine Designer. Gwen is a recent graduate of the Marine Institute at Memorial University in New Foundland, where she received her Diploma of Technology in Naval Architecture. For her first project, Gwen will be preparing 3-D composite modeling for the 260 ft. offshore supply vessel that the firm has been working on for Hornbeck Offshore Services.


DryShips Buys Nautilus Stake, Adds Six OSVs

Photo by DryShips Inc

 Greek ship owner DryShips plans to add six support vessels to its fleet by acquiring a large stake in Nautilus Offshore Services.    Dry bulk shipowner DryShips has entered into an agreement to acquire approximately 98% of Nautilus OffShore Services Inc.  for a purchase price of $87 million plus the assumption of approximately $33 million of net debt.   Nautilus indirectly through its subsidiaries owns six Offshore Supply Vessels of which four are Oil Spill


IMCA Publishes Guidelines for DP OSV Safe Operations

Photo: IMCA

Reliable and robust methods of positioning are required for safe vessel operations in close proximity to offshore installations. Dynamic positioning (DP) is well-established as a primary method of vessel positioning in the diving, drilling, construction, accommodation and shuttle tanker sectors, and is especially suited to deep-water developments. As development and management of DP becomes more refined, increasingly logistics support vessels are becoming equipped with DP systems with


Farstad Shipping Buys BASS Solution

BASS announced an agreement with Farstad Shipping ASA, a Norwegian shipping company globally operating Offshore Supply Vessels (OSV), to provide Farstad's entire fleet with BASS CrewNet and BASS PayNet solutions. BASS PayNet is designed to streamline and integrate the management of ship-to-shore crew payroll and shipboard accounting processes. BASS PayNet functionalities and business re-engineering enables users to capitalize on opportunities to reduce the workload on the vessel and on shore


NG Supplies Nav Systems for Brazil OSVs

Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit has been awarded contracts to supply bridge navigation systems for four new offshore supply vessels to be built in Brazil. The four multipurpose platform supply vessels, designed by Rolls-Royce, will be built at the Estaleiro Alianca shipyard near Rio de Janeiro for Companhia Brasileira de Offshore (CBO). They will be placed on long-term charter with Petrobras, the Brazilian state oil company


VT Halter Marine Secures OSV Contract

Vision Technologies Systems, Inc.'s (VTS) subsidiary, VT Halter Marine, Inc. has secured a contract to build an Offshore Supply Vessel (OSV) for an undisclosed interest. The contract includes options for six additional vessels. This announcement comes within days of VTS concluding the purchase of Halter Marine’s assets. John Coburn, Chairman and CEO, VTS stated, “Commercial contracts such as this one are an important part of VT Halter Marine’s business plan


SEACOR To Acquire Gilbert Cheramie Boats, Inc.

SEACOR SMIT Inc. signed a definitive agreement to acquire Gilbert Cheramie Boats, Inc. and related companies. The transaction contemplates purchase consideration of approximately $61 million to be paid in cash for all shares of voting and non-voting stock of the companies. No long-term debt will be assumed by SEACOR in the transaction, and the purchase consideration is subject to certain adjustments. The transaction, which is subject to customary closing conditions


Atlantic Towing Expands Fleet

St. John’s NL - Atlantic Towing Limited (ATL), a global marine service provider based in Atlantic Canada, has announced the addition of the Atlantic Raven – a 14,400 hp UT 722 Offshore Supply Vessel. The Raven is the second offshore supply vessel to be added to the ATL fleet this year. The 75m x 18m vessel, with four diesel engines and an oil recovery system will further support ATL’s existing and future contracts for customers in the offshore exploration and production


Conrad Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges


Orca Energy ESS to Power Fish Farm Support Vessel

All Electric Fish Farm Support Vessel Photo Orca Energy

Grovfjord Mek. Verksted AS (GMV) has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a fish farm support vessel called GMV ZERO. GMV will utilize Corvus’ next generation Orca Energy ESS to support the vessel’s entire energy requirements


Orca ESS Retrofit for Norwegian Research Vessel

Image: Corvus Energy

Corvus Energy’s next generation Orca ESS has been selected by Halvorsen for the retrofit of the fisheries and environmental research vessel MS Johan Hjort.   Halvorsen Power System AS has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a


Corvus Energy Unveils Orca ESS Product Line

Image: Corvus Energy

Manufacturer of lithium-ion based energy storage systems (ESS) Corvus Energy said it is set to unveil its next generation product line, Orca ESS, specifically designed and built to meet the needs of maritime applications.   The Orca ESS product line


Next Generation Workshops Set for Southampton

SMS Next Gen x 3 workshop v2.jpg

A unique program of three specialist events for the sub IMO / sub 24 meter professional sector is being held back to back at the Grand Harbor in Southampton, U.K. this October. The fast moving workshop style program brings together an international group of experts armed with the latest knowledge


Trim Optimization – Saving Fuel on Offshore Supply Vessels

Photo Credit: Farstad Shipping

 A joint development project (JDP) between DNV GL, Statoil and Farstad Shipping has demonstrated that offshore supply vessels (OSV) can save up to 21,000 Euros on their annual fuel bill, by running the vessel at optimal trim.   


Eastern Launches MPSV for Harvey Gulf

Harvey Blue-Sea (Photo: Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. has launched M/V Harvey Blue-Sea (Hull 250) on April 29, 2016 for Harvey Gulf International Marine, Inc. of New Orleans, La. The Harvey Blue-Sea is the second of two 340’ Class Multi-Purpose Service Vessels (MPSV), designed by VARD Marine.  


Conrad Declares Dividend

Photo Conrad Industries, Inc.

Conrad Industries, Inc. which provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas, announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock


Shell Deploys Third LNG-powered OSV

Harvey Liberty (Photo: Shell)

Shell Offshore Inc. today marked the delivery of the third liquefied natural gas (LNG) powered offshore supply vessel (OSV) in Port Fourchon, La.   The new vessel, Harvey Liberty, chartered from specialist company Harvey Gulf International Marine, will join sister ships


First US-flagged Wind Farm Vessel Delivered

Photo: Blount Boats

Blount Boats has delivered the Atlantic Pioneer, America’s first U.S.-flagged Crew Transfer Vessel (CTV) for Atlantic Wind Transfers that will begin service for Deep Water Wind Block Island at the end of May.    The 21-meter aluminum vessel was designed by South Boats IOW (Isle


BlueTide Launches Cyber Security Solution

BlueTide Communications aims to strengthen remote site network defense with its Security-as-a-Service (SECaaS) solution. Suited for remote maritime and offshore sites including yachts, merchant ships, offshore supply vessels, liftboats, rigs and platforms


Norwegian Shipowners Face Cash Crunch

We expect that about half of the Norwegian rig fleet and every sixth Norwegian-controlled offshore vessel will not be employed as we approach summer this year. This is a serious situation, the CEO of the Norwegian Shipowners Association, Sturla Henriksen, told Reuters. (Photo courtesy: www.rederi.no)

 Access to capital for cash-hungry Norwegian offshore shipowners is expected to tighten further as lower activity and falling profits continue in 2016, the Norwegian Shipowners' Association said in its yearly outlook report on Tuesday.


Norwegian Shipowners See Tighter Capital Access

Access to capital for cash-hungry Norwegian offshore shipowners is expected to tighten further as lower activity and falling profits continue in 2016, the Norwegian Shipowners' Association said in its yearly outlook report on Tuesday.  


Offshore Supply Ship Market Set for Consolidation

Photo: Farstad Shipping

Weak market conditions seen driving consolidation; owners prepare for longer downturn; bright spot for anchor handlers in the past months   A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented industry


POSH Sinks into Loss in 2015

Photo: PACC Offshore Services Holdings

 Offshore marine services provider PACC Offshore Services Holdings (POSH) has plunged into the red in 2015 due mainly to a huge impairment charge of $144.58m.   The group reported yesterday a net loss of US$149.7 million (S$211 million) for the three months to Dec 31






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright