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Offshore Support

Report: Growth Anticipated in the OSV Market

Photo: Bourbon

New report covers market trends to 2019 for global offshore support vessel (anchor handling, towing and supply vessel, platform supply vessel, multipurpose service vessel, crew vessels, standby and rescue vessels, others)   The global offshore support vessel market is expected to grow owing to the need to satisfy rising marine logistics demand. The lucrative and high-investment areas of offshore regions such as North Sea, U.S Gulf of Mexico and new discoveries in West Africa are the key driving factors for the high growth of offshore support vessel market.   The offshore support vessels or OSVs are vessels used in the marine industry. The designs of the OSV are unique, and each type has its own properties and features, as per the type of operation. OSVs are efficient and vital components of the oil & gas industry. They provide logistic facility along with various other supporting activities including platform support, anchor handling, standby facility, rescue and many more.   The new report, "Offshore Support Vessel Market by Type, by Geography - Global Trends to 2019", analyzes the number of offshore support vessels with respect to demand and supply. The study segments the global offshore support vessel market by types which include Anchor Handling, Towing and Supply Vessel (AHTS), Platform Supply Vessels (PSV), Multi-Purpose Service Vessel (MPSV), Crew boats ,Standby and Rescue vessels and Others


Bharati Shipyard to Build Offshore Vessel for Great Offshore

According to the Hindu, Bharati Shipyard will construct and supply an offshore support vessel to integrated offshore oilfield services provider Great Offshore for $64.8m. The vessel, which has a diesel electric propulsion system with 5 generators of a total power of 10,500 KW, is fully-equipped to support diving/sub sea operations. The above contract is in lieu of a contract dated March 24 for one multipurpose offshore support vessel valued at $17.4m ordered by Great Offshore.


Remontowa Group Opens Service Centre in West Africa

Remontowa Group are commencing operations in West Africa providing direct access to Remontowa's experience and know-how for owners and operators of offshore support vessels. The new entity, Remontowa Marine Services Namibia, will increase Remontowa presence and after-sales client support operations in Africa's growing offshore market. The major areas of operation to be covered by Remontowa Marine Services Namibia(RMSN) will be offshore industry based in Angola, Nigeria


China Shipyard Tackles First PSV Order

JES International subisidiaries JES Universal Co. and Jiangsu Eastern Heavy Industry Co. Ltd. to build a UT 755 LN Platform Support Vessel. The contract is the Group’s first, in over thirty years of its history, for the construction of an offshore support vessel and is representative of the Group’s expansion from building commercial shipping vessels to constructing more complicated and sophisticated offshore support vessels.


Knights Offshore Support Takes Delivery of First CTruk OWSV

Photo: CTruk

New business venture Knights Offshore Support (KOS) has taken delivery of its first CTruk 20T MPC offshore wind support vessel, Coastal Knight, which will soon join offshore wind industry service provider CWind’s growing charter fleet. Owner Paul Knight considers CTruk’s multi-role composite cats to be “the vessels of the future” and hopes that the 18.5m Coastal Knight, will be the first of a fleet of KOS workboats to ultimately support offshore wind farm


Otto Marine Secures $404m Charter Contracts

Photo courtesy of Otto Marine

Otto Marine Limited, an offshore marine company which owns and operates a large fleet of offshore support vessels, shipyard and offers specialized offshore services, informed that the group has secured charter contracts worth approximately $404 million in the first half of 2014 (1H2014). Backed by long term relationships with leading oil and gas companies, Otto Marine said it holds an orderbook that stood at approximately $450 million as at June 30, 2014


Aker Promar to Invest $46m in New Rio Shipyard

Norwegian shipbuilding company Aker Promar plans to invest $45.7m in building a new shipyard in the northern region of Rio de Janeiro state, the state government announced. U.S. offshore support company Edison Chouest will invest through local subsidiary Alfanave in the construction of an offshore support base in the same region close to the town of Quissama and Brazil's oil industry hub of Macae. The companies set the foundation stones on Tuesday.


Gareware Offshore Eyes Shipbuilding Venture

Mumbai-based Garware Offshore Services Ltd. plans to enter the shipbuilding business by setting up a facility to build offshore support vessels. Reports from India say the yard will be a joint venture with Norway-based ship Havyard Leirvik AS. Sources in India have suggested that the company will form a 50/50 joint venture, and that the Indian company is considering various sites in Gujarat for the yard. [Source: http://www.oilpubs.com]


JES International Kickstarts Maiden Offshore Project

Mainboard-listed JES International Holdings Limited, a private shipbuilding group based in the PRC, announced that the group has commenced the steel cutting for its first two Platform Support Vessels (PSV) at its shipyard located in Jingjiang City, China. According to the builder, the UT 755 LN Platform Support Vessel is of a sophisticated and well known design, utilizing a comprehensive package from Rolls Royce which includes design and engineering services, as well as all main equipment


EMAS Wins Subsea Projects Worth More han $125M

Image: EMAS

EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the group has been awarded subsea construction and offshore support contracts in Asia Pacific and West Africa with a combined value exceeding $125 million, including options. Following contract wins in January, EMAS AMC continued its momentum with subsea contracts awarded in West Africa and Asia


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.  


Vallianz Bags $ 458 Mln in Charter Renewals

Courtesy  Vallianz Holdings Limited

  Vallianz Holdings Limited a fast growing provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has signed new contracts valued up to US$458 million that has lengthened the charter duration for 19 of its offshore support vessels currently deployed


Fire on Subsea Viking

Subsea Viking. Image: Subsea 7

 An exclusion zone was set up around Hatston Pier earlier as the offshore support vessel Subsea Viking which was tied up alongside at the time caught fire at Hatson Pier in Orkney Islands in Scotland’s Orkney Island.    The fire started from the diesel generator due to short


First Vessel of New Rescue Class Launched

Photo courtesy of Craig Group

Global shipping and energy services firm, Craig Group, has launched its first F-Class vessel, the Grampian Fortress. The IMT 958 multi-role emergency response and rescue vessel (ERRV) was christened in the Balenciaga Shipyard in Northern Spain this week.  


Ezra Wins UK North Sea Contracts

Image: EMAS AMC

 Offshore service provider Ezra Holdings has announced that subsea division, EMAS AMC, has won global contracts values at over $115m including options, reports Business Times.   These contracts include one for rigid pipe lay for the Aviat field development in the UK North Sea;


AMI Group Adds IMS and IME

Photo: AMI Group

Island Marine Services Pte Ltd and Island Marine Engineering Pte Ltd join AMI Group; Karl Nilssen appointed General Manager – AMI Marine International PTE Ltd   For over 12 years Island Marine Services Pte Ltd (IMS) and subsequently Island Marine Engineering Pte Ltd (IME) have


Global Opens S. California Office

Image

  Global Diving & Salvage, Inc. has expanded its California Regional operations with the addition of a new office in Southern California. Located in Signal Hill near Long Beach, the new office supports Global's core service lines; Marine Construction, Casualty Response, Offshore Support


Otto Marine Secures $131 mln in New Contracts

Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, has announced that in the second quarter of financial year 2015 (Q2FY2015) till date


Tero Marine Secures Boa Offshore Contract

Boa Jarl (Photo: Tero Marine)

Tero Marine informs it has secured a multimillion (NOK) contract for delivery of fleet management software to Norwegian shipping company Boa Offshore. The Bergen-based tech company will install its TM Master suite on 14 vessels.   TM Master will thus be the preferred fleet management


Damen Stan Pontoon 9127 for Ocean Koper

Stan Pontoon 9127 artist impression (Image: Damen)

Ocean Koperd.o.o, a member of the Ocean Team headquartered in Trieste, Italy, will strengthen its fleet with the addition of a Damen Stan Pontoon 9127. The contract, signed on June 24, is for the largest pontoon in the region, and certainly in the Adriatic Sea, the builder noted.


Marine News Editor's Note, July 2015

Joe Keefe New photo.jpg

This edition of MarineNews headlines the increasingly diverse articulated tug-barge (AT/B) units which are beginning to make up a large percentage of the domestic merchant fleet. Conventional, less expensive towed barges are much slower than the traditional ships they replaced


Ezra Swings into Red in Q3

Image: Ezra Holdings

 Ezra Holdings saw its net profit for 9M15 grow 50.6 percent to US$51.5 million despite a net loss of US$3 million for the latest quarter, as sluggish oil prices weighed on activities of the oilfield service industry.   For the first nine months of its financial year


Vallianz Bags US$300m Contract to Supply Two Platforms

Pic by Vallianz Holdings

 Singapore-listed Vallianz Holdings has won a contract worth up to US$300 million (S$405.51 million) to supply two self-elevating platforms to a large national oil company in the Middle East.   The contract from one of the world’s largest national oil companies involves the


Milaha CEO Al-Hetmi to Step Down

Khalifa Ali Al-Hetmi (Photo: Milaha)

Milaha president and CEO, Khalifa Ali Al-Hetmi, will retire in September, the Qatar-based marine transport and logistics conglomerate announced.   Having joined Milaha 31 years ago, Al-Hetmi has been at the helm of Milaha for the past seven years


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






 
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