Atlantic Offshore signs long-term contract with Statoil to operate two Platform Supply Vessels (PSV) from 2014 The agreement, which consists of two contracts, has a length of six years with an option for a further three years. The vessels will be built in Norway and ensure important jobs in the shipbuilding industry. The vessels will be built to Wartsila design (VS 485 MKIII L). These are among the largest PSV vessels in the market, approx. 90 meters in length, and with a loading area of 1050 square meters. The newbuildings will have low energy consumption and be economical in operation. Both vessels will hold the highest standards with advanced technology, meeting all certifications and environmental specifications. We need to invest significant amounts in new buildings that will be operational early in 2014, says CEO Roy Wareberg of Atlantic Offshore. He explains that the agreement with Statoil has positive consequences for Norwegian industry: The new buildings will initially operate in the North Sea when they are in operation.
Parat Halvorsen as has been rewarded a new contract with Vard Singapore Pte. Ltd for their NB792, a Platform Supply Vessel to be constructed at their shipyard Vang Tau in Vietnam. The 1250kW electric boiler will be delivered as a combined Hot Water & Steam Boiler. Parat will deliver a complete boiler plant consisting of all necessary equipment for tank heating (fulfilling the NOFO 2009 requirements) and in addition also the hot water supply for central heating and domestic water system
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming and delivery of its third L Class PSV vessel, Pacific Legend in Kyoto, Japan on Tuesday, 30 September 2014. Graced by Lady Sponsor, Amanda Butt, the naming ceremony was held at Japan Marine United Corporation (JMU)’s Maizuru Shipyard and attended by guests, partners and employees of JMU and SPO.
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the delivery of its latest Platform Supply Vessel (PSV), Pacific Grackle on Thursday, 17 September 2015 in Japan. The G Class series is the latest addition to SPO’s fleet and is specially commissioned to meet the increasing market demand for PSV vessels. These vessels, with their 4,000-tonne deadweight, are powered by a four-engine diesel electric propulsion plant and equipped with highly
Singapore-listed offshore firm EMAS Offshore Limited wins $32m of new business has secured new awards and letter of intents for charters amounting to approximately US$32 million, including options. These new charters will see EMAS Offshore’s Anchor Handling Tug (AHT), Anchor Handling Tug and Supply (AHTS) and Platform Supply (PSV) vessels supporting National Oil companies (NOCs), International Oil companies (IOCs) and other offshore contractors on drilling operations
Wanax AS, a wholly owned subsidiary of S.D Standard Drilling Plc, will invest USD 5.215mln in platform supply vessels (PSV) Opportunity III DIS. The investment will be done through subscription of ownership interests in PSV Opportunity III and gives Wanax AS a 35% ownership stake in PSV Opportunity III. PSV Opportunity III will take delivery of two mid-size PSV of the UT 755 LN design
Keppel Singmarine Brasil (KSM Brasil), Keppel Offshore & Marine Ltd (Keppel O&M)'s new 7.6-ha shipbuilding facility in the state of Santa Catarina, has secured two newbuild contracts worth about $113 million from fleet operators in Brazil. The first contract entails building a series of six 45-tonne bollard pull twin-screw Azimuth Stern Drive (ASD) harbour tugboats, for REBRAS - Rebocadores do Brasil S.A. (SMIT Rebras).
Maersk Supply, a subsidiary of the A. P. Moller-Maersk group, came out of the third quarter of 2013 with a profit of US$76-million, against a profit of US$ 48-million in the same quarter in 2012. Revenue rose from US$ 226-million in the period of 2012 to US$ 240 million. The profit for the third quarter of 2013 improved compared to the same period last year primarily due to higher utilization and lower operating costs.
Atlantic Towing (USA) has selected newly-designed, ice-strengthened PSV 5000 vessels from Damen Shipyards Group to meet its 10-year offshore support contract with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd. (HMDC). The vessels will operate in the sub-arctic waters of the Hibernia and Hebron oil fields, off Newfoundland and Labrador. ATL will take delivery of four PSV 5000 vessels, one of which will be equipped for inspection
Offshore ship manager PROMAR recently marked a milestone with the sideways launch into the Danube of the first of its two Damen PSV 3300s on order. On delivery in February 2015, the Swiss company believes the 80-metre Mamola Reliance will give them a valuable competitive edge in the West African oil and gas market. On September 4, Damen Shipyards Galati launched the PSV 3300 Mamola Reliance at an official ceremony at the yard in Romania
Norwegian offshore vessel owner DOF has been awarded charter contracts for a platform supply vessel (PSV) and an anchor handling tug supply vessel (AHTS). DOF said on Wednesday that the company won a two-year firm contract plus options with Asco Marine for the Skandi Aukra PSV.
In Asia Pacific, DOF Subsea has been awarded a 3-year IMR frame agreement with one of the major oil and gas companies in the region. DOF Subsea has recently secured a Safety Case for Geoholm, and the vessel will be available in the Asia Pacific region from the beginning of Q2 2017.
Vessel oversupply will continue to plague the offshore industry this year as a record total of 465 offshore support vessels (OSV) are expected to be delivered in 2017, according to VesselsValue. Beginning with the drop in oil prices and then lower demand for offshore research projects
The service operations vessel (SOV) Bibby WaveMaster 1 was officially launched at Damen Shipyards Galati in Romania on March 24. When completed, Bibby Marine Services Limited, part of Bibby Line Group, will deploy the vessel to support forthcoming offshore wind construction and O&M projects in
After equipping more than 20 purpose supply vessels (PSV)/multipurpose supply vessels (MPSV) for Eastern Shipbuilding, GE has once again been chosen by the builder to equip Hornbeck Offshore Services’ (HOS) next generation of U.S. flag, Jones Act-qualified MPSVs
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.
Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and the Chilean maritime services provider Ultramar, has taken delivery of a Damen PSV 5000. The vessel was built at Wilson Sons shipyard in Guaruja,Brazil. The delivery is the first of a two-vessel contract
DOF Group said it has secured an extension with Maersk UK for 2011-built platform supply vessel (PSV) Skandi Gamma until the end of 2016 and for 2003-built PSV Skandi Caledonia with Apache North Sea Ltd until mid-January 2017.
The Company: Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered
Supply firm Farstad Shipping's CEO Karl Johan Bakken repeats is in stand-still agreement with lenders until Oct. 1 Notable disclosures: * CEO says is talking to both industrial and financial investors on how to refinance 11.6 billion Norwegian crowns in net interest bearing debt ($1
The Company: Schoellhorn-Albrecht is an industry leader in the design and manufacture of Mooring Equipment and Systems including Capstans, Anchor Windlasses, Deck Fittings and Vessel Access Systems. In addition to standard products, the firm specializes in designing and manufacturing castings
Two new Wärtsilä designed Anchor Handling Tug Supply (AHTS) vessels were delivered from the Wuchang Shipbuilding Industry Group yard in China during the second week of September. The ships have been built for China Oilfield Services Ltd (COSL)
Skangas has entered into an agreement with Statoil for delivery of liquefied natural gas (LNG) fuel for their platform supply vessels (PSV). The LNG will be delivered to several bases along the Norwegian west coast by ship. Skangas will in addition deliver LNG to Statoil’s tugs at
Offshore service vessel owner Island Offshore Shipholding said on Tuesday that it had initiated discussions with its finance providers to address the group's long term financing. Additionally: Has decided with effect from Nov
Low energy prices, depressed day rates and slow growth of bunkering infrastructure has dampened progress for the marine industry’s ‘white knight’ of environmentally friendly fuels. LNG, nevertheless, is here to stay. Slow Start