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Otto Candies

New Contract in North America for ABS Nautical

Otto Candies LLC, a marine transportation and towing company based in Louisiana, has signed a contract with ABS Nautical Systems for its NS5 Enterprise software. Otto Candies is implementing the Maintenance & Repair module on 20 of its offshore supply and diving vessels. They will be replacing their existing in-house system as a way to improve audit efficiencies. The Maintenance & Repair module allows vessel owners and operators to easily identify ship maintenance trends and efficiently plan for future maintenance work.  


Bender Delivers Vessel to Otto Candies

M/V Juanita Candies was successfully delivered to Otto Candies, Inc. The vessel immediately departed Mobile en route to Fouchon, La. to go on long-term charter to Conoco in support of their deepwater drilling program. Both Agnes Candies and Juanita Candies have gone to work on high profile, deep water drilling projects, which is exactly the kind of work they were designed to perform. Feedback from the Candies operations people confirm the vessels are performing their mission well


Bender, Candies Sign Contract For OSV Trio

Bender Shipbuilding and Repair, and Otto Candies have executed a contract calling for the construction of three 240 x 54 x 20 ft. (73.1 x 16.4 x 6 m) Diesel Electric Variable Frequency Drive Offshore Supply Vessels (OSVs). The contact is the continuation of the orders previously received from Otto Candies and the resultant construction of five OSVs and three 10,000 hp Anchor Handling Tugs. Bender designed and implemented state-of-the-art characteristics for the vessels


Feature: Dutch Treat

By Larry Pearson For many years Houma Fabricators, Houma, La. built passenger boats, offshore boats and other steel hulled vessels much like a dozen other shipyards in the Gulf south. In the mid-90's they built several large gaming boats for Iowa entrepreneur Bob Kehl. If you hadn't stopped by Houma Fabricators for the past two years, today you would not recognize the place. Purchased by Shipyard De Hoop of the Netherlands in 2001


Phoenix Announces Term Charter Agreement

Phoenix International, Inc., (Phoenix) announced today that it has signed a term charter agreement for the M/V ANNE CANDIES. The agreement includes options until August 2012. The M/V ANNE CANDIES is mobilized with a new, state-of-the-art Schilling Ultra Heavy Duty (UHD) intelligent Work Remotely Operated Vehicle (iWROV), and expands Phoenix’s subsea support capabilities to include infield development. The vessel is currently configured for deepwater inspection


OMSA Officials Testify At TWIC Hearing

The Transportation Worker Identification Credential (TWIC) program is overly complex and could create the same delays for the maritime industry that recent changes in passport rules caused for American travelers, according to testimony by Offshore Marine Service Association Vice Chairman Otto Candies, III. Candies’ delivered his comments at a July 12 Congressional hearing. The hearing was held by the Coast Guard and Marine Transportation Subcommittee of the House Transportation and


Oceaneering Charters, Renames Offshore Vessel

Cade Candies: Photo credit Otto Candies

Oceaneering International charters multi-purpose subsea support vessel 'Cade Candies' for 5 years from Otto Candies LLC. This state-of-the-art, U.S. flagged vessel was built in 2010.  It has an overall length of approximately 309 feet (94 meters), a Class 2 dynamic positioning system, accommodations for 69 personnel, a helideck, a 150-ton active heave compensated crane, and a working moonpool. Oceaneering's current rolling, short-term charter contract on the Cade Candies


Oceaneering Announces Vessel Charter

Oceaneering International, Inc. (NYSE:OII) has announced that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea support vessel owned by Otto Candies LLC.  The charter is expected to commence during the second quarter of 2013.   This state-of-the-art, U.S. flagged vessel was built in 2010.  It has an overall length of approximately 309 feet (94 meters), a Class 2 dynamic positioning system, accommodations for 69 personnel


Otto Marine Settles Contract Dispute

A year after a shipbuilding contract dispute emerged between Otto Marine unit Otto Offshore and GC Rieber Shipping ASA, a settlement has been reached. Otto Marine announced that it has entered into a 'mutually beneficial global settlement' with GC Rieber, which includes settling the claims from last year and terminating the joint venture agreement for Polar Marine II Pte Ltd - the firm that is 49 per cent owned by Otto Marine and 51 per cent owned by GC Rieber.


DMT Inks Agreement for Agnes Candies

Deep Marine Technology, Inc. announces the signing of a long term lease agreement for the DP II Agnes Candies Dive Support Vessel. The Agnes Candies is 220-ft., U.S. Flagged vessel with: 40T Knuckle Boom Crane Brand New, State-of-the-Art 1000fsw 12 Man Saturation System with Hyperbaric Rescue Chamber Gas Mixing System Diver Reclaim 3 Man Bell Surface Dive Station Accommodations for 42 The Agnes Candies can be adopted for a large spectrum of work ranging from Repair and


Otto Strengthens into Hurricane, Headed for Central America

Image: National Hurricane Center

Otto, the seventh hurricane of the 2016 Atlantic season, has formed and is located about 305 miles (485 km) east-southeast of Bluefields, Nicaragua, the U.S. National Hurricane Center (NHC) said on Tuesday. The system, packing maximum sustained winds of 75 miles per hour (120 km/hour)


Tropical Storm Otto forms over Atlantic

Image: National Hurricane Center

Tropical depression 16 has strengthened into Tropical Storm Otto east of Nicaragua over the Atlantic, the U.S. National Hurricane Center (NHC) said on Monday.   The storm, with maximum sustained winds of 50 miles per hour (85 km/h), is located about 305 miles (495 km) east of Bluefields


Otto Marine’s Two Australian Units May Wind-up

Pic: Otto Marine Limited

 Otto Marine Ltd. said three creditors filed three such applications with the Supreme Court of Western Australia to wind up  its subsidiaries in Australia - Go Inshore Pty and Go Marine Group Pty, says a report in Bloomberg.  


SK Shipping Selects 5X72DF for LNG Carriers

WinGD 5X72DF engine

Securing the position of its low-speed low-pressure X‑DF engines as market leaders, Winterthur Gas & Diesel (WinGD) has been selected to supply two 5-cylinder X72DF (5X72DF) engines for each of a pair of 180,000 m3 LNG carriers ordered by South Korean shipowner SK Shipping Co., Ltd (SK)


Otto Marine Launches Second Arbitration Proceedings

Photo: Otto Marine

 Singapore-based offshore marine group Otto Marine, which is in the midst of a takeover offer by its chairman, has taken a second legal action against payment default, reports Strait Times.    Otto Marine said it has commenced arbitration proceedings against Vettal Mega Services


Otto Marine Shares Soar on Delisting Offer

Photo: Otto Marine

Shares in Singapore-based oilfield services firm Otto Marine Ltd jumped 37 percent on Thursday after the company received an offer from its majority shareholder to take it private.   Executive Chairman Yaw Chee Siew, who owns 61 percent of the company, offered S$0


Otto Marine Gets Acquisition Offer

Photo: Otto Marine Limited

 After last week's media reports that an undisclosed party was looking to buy Singapores offshore marine company Otto Marine Limited, the company said that it received a proposal from RHB Securities Singapore Pte Ltd (RHB).   RHB is the financial adviser to the potential offer


Otto Marine Offloads Support Vessel for $38mln

SOC ENDEAVOUR. Pic: Otto Marine Limited

 Singapore-based Otto Marine Limited has signed a  Memorandum of Agreement to sell a Work Maintenance Vessel known as SOC  ENDEAVOUR to an unspecified party through  its wholly owned subsidiary,  Koi  Marine Limited.   


Otto Marine Bags OSV Chartering Contract Worth $68m

Image: Otto Marine Limited

 Singapore’s offshore chartering group Otto Marine  has bagged a OSV chartering contract worth up to $68.5m from an international oil and gas E&P firm.   The charter, inked by Otto Marine’s wholly-owned Go Offshore


Otto Marine Wins 3 Shipbuilding Contracts

Photo:  Otto Marine Limited

 Singapore-listed Otto Marine has announced that its offshore shipyard has branched out to secure three new shipbuilding contracts worth $23m in total.   New contracts came along with Group's efforts in diversifying and expanding product portfolio in a weak market.  


Otto Shipyard Eyes Expansion in Asia

Otto Marine Limited, an offshore marine company specializing in building complex offshore support vessels, ship chartering and offers specialized offshore services, has announced that its wholly-owned subsidiary, Otto Marine Shipyard Pte Ltd


Otto Marine Signs Contracts to Supply 2 AHTS Vessels

Photo: Otto Marine Limited

 Go Offshore,  wholly-owned subsidiary of Otto Marine has entered into an agreement for two long-term anchor handling tug supply (AHTS) charter contracts worth USD25.2 million with a large oil and gas company.   The two contracts are in respect of two 16


Konecranes Debuts New Portal Cranes

Photo: Konecranes

Konecranes portal cranes have evolved into effective 21st century management tools.   Konecranes, whose portal crane design has been a proven performer for nearly 40 years, continues to develop this workhorse crane for demanding applications and environments in the steel, forest products


Work Maintenance Vessel Delivered to Otto Marine

Nautical Aliya (Photo: Otto  Marine)

Otto Marine Limited, an offshore marine company, announced that further to a long-term bareboat charter contract that was secured in June 2015, it has taken delivery of a 238-man work maintenance Vessel to fulfill that charter.   The delivery ceremony for the vessel, Nautical Aliya


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






 
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