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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.


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


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.


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


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


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.


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


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


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]


Rolls-Royce: 50 Years of Azimuth Thruster Production

Photo: Rolls-Royce

Marking 50 years since the delivery of its first azimuth thruster, Rolls-Royce held an event in Rauma, Finland to celebrate the occasion.   Azimuthing thrusters, which today are one of Rolls-Royce’s most successful marine products,  rotate through 360 degrees


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


ASL Profit Nosedives

Photo by ASL Marine

 Singapore shipbuilding group ASL Marine has posted a sharp drop in net profit for its third quarter as revenues from its shipbuilding, shiprepair and chartering segments fell across the board.   Net profit for the three months to March 31 plummeted 65


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


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.  


Thoma-Sea Launches US-flagged OSV

Photo: TAI

Technology Associates, Inc. (TAI) of New Orleans, La., announced that another derivative of a vessel built from TAI’s EnviroMax designs was launched.   Thoma-Sea Marine Constructors, LLC has launched a 6,300 DWT Technology EnviroMax 310 OSV from its Lockport, La. shipyard on April 28


Topaz Energy and Marine Secures $550m Facility

Topaz Energy and Marine, an offshore support vessel company, announced a new $550 million facility.   The facility is arranged over three tranches. The first is a conventional and Islamic senior secured, term loan of $350 million over seven years which will be used principally to repay


Rederij Groen Takes Delivery of 7-Stars OSV

Photo: Damen

35-meter offshore chaser is last in series of three identical vessels   Maaskant Shipyards Stellendam delivered the offshore support vessel (OSV) 7-Stars to offshore support service provider Rederij Groen in Scheveningen, the Netherlands.  


MacGregor Delivers Major Winch for Korean Heavy Lift Barge

MacGregor 90 tonne electric main hoisting winch

Following an order announced in October 2013, MacGregor, part of Cargotec delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000, one of the largest heavy lift vessels in the world.


SINOPACIFIC Delivers AHTS Vessel to FEMCO

Photo courtesy of SINOPACIFIC

On April 28, 2015, Sinopacific Shipbuilding Group (SINOPACIFIC) held a christening and delivery ceremony for a newly built SPA150 AHTS, constructed for shipowner FEMCO Group.    This first SPA150 vessel is not only the first of this design to be delivered in the world


Intelligent Fender System Completes Offshore Trial

Photo: Strainstall

Strainstall, part of James Fisher and Sons plc, announced the completion of the world’s first Intelligent Fender System (IFS) trial with energy companies SSE and RWE at Suffolk-based wind farm, Greater Gabbard.   The IFS is an in-house developed technology which aims to provide


OSV Technology: Notable Designs & Deliveries

MV Shelia Bordelon

Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in  the sector is unrivaled in any other maritime niche over the past five years. Here’s a look at some of the more notable designs and deliveries.


Swire Pacific Offshore wins Industry Award at IMA

Swire Pacific Offshore emerges as the winner of the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) ceremony held during the Singapore Maritime Week 2015

  Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) won the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) 2015 ceremony held on Tuesday, 21 April 2014 at The Ritz-Carlton, Millennia Singapore.  


Rotork Acquires Masso

Image courtesy of Rotork

Rotork announced it has acquired Masso Ind s.p.a., a manufacturer of shipboard valve remote control systems (VRCS), to enhance its range of flow control products and services for the worldwide marine and offshore industries.   Masso VRCS solutions include hydraulic and electro-hydraulic


Keel laying Ceremony of Damen PSVs for Atlantic Towing

PSV 5000 Keel laying lowres

  In a keel laying ceremony attended by key client representatives, Damen Shipyards Galaţimarked the start of construction of two Platform Supply Vessels – PSV 5000 – for Canadian maritime services provider Atlantic Towing. The 90-metre vessels are part of a multiple vessel order






 
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