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Support Vessel

Global OSV Market Report 2013-2018 Released

Research and Markets has announced the addition of the "Global Offshore Support Vessel Market Report 2013-2018" report to their offering, with excerpts from the prospectus as follows: This market is dependent on offshore exploration and production activities, which is one of the key driving factors. Any fluctuation in the offshore industry or in the oil and gas market is completely reflected in the offshore support vessel market. Offshore support vessel manufacturers are focusing on R&D in order to develop new and improved vessels for offshore platforms, which offer more distinguished and revolutionary features such as Dynamic positioning (DP) with better efficiency and navigational ability. Expansion and mergers and acquisitions into new and emerging markets such as APAC, North-West Europe, and South America will continue to be the key for success for offshore support vessel manufacturers and managers to increase their overall sales and revenue. Tidewater (U.S.) is one of the key players in the offshore support vessel market. It holds significant share of the market, followed by Edison Chouest (U.S.) and Seacor Marine (U.S.). The market is mostly fragmented with a large number of small support vessel companies. For this report, the major players in the market are identified through secondary and primary research, based on which their market shares are evaluated


ABB $15m Order to Power Chinese Vessels

ABB, a power and automation technology group, has won orders worth $15m from Shanghai Salvage Company and Guangzhou Salvage Bureau for the supply of electric power and propulsion systems for a new diving support vessel and semi-submersible heavy lift vessel. The newly contracted semi-submersible heavy lift vessel is the sixth of its type to be awarded to ABB over the last two years. ABB – in cooperation with local partner Kongsberg – will also deliver the vessel’s


Aker Yards Secures Contracts for Diving Support Vessels

Aker Yards ASA said it won an order from DOF ASA for a diving support vessel (DSV), and a contract from DOFCON ASA and Technip for a second DSV. For DOF, Aker Yards will build a DSV based on Aker Yards' Aker DSV06 design, while the other DSV will be to the Aker OSCV-06L DSV design. Source: Forbes


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.


Petrobas Contracts For 23 New OSV's

Petrobras has signed contracts with Brazilian shipbuilders as part of its 3rd 'Fleet Renewal Plan for Offshore Support Vessels (OSV's). The units, type PSV 4500 and OSRV 750, fulfill 60% local content requirements and will be built in Brazil. Petrobas say tha prices presented were competitive, given expected metrics and budgets.
 This was the 4th Round of the Fleet Renewal Plan. In July this year, Petrobras will go to the market for another 24 offshore support vessels (5th Round)


Wärtsilä to Provide Harvey Gulf Vessels Integrated Package

Offshore Enviro Vessels: Photo courtesy of Wärtsilä

Wärtsilä has been awarded a contract by Eastern Shipbuilding Group, of Panama City, Florida to supply an integrated solution for a new multipurpose support vessel (MPSV) for Harvey Gulf International Marine of New Orleans. This offshore vessel is the first in a series of three MPSVs being built for Harvey Gulf. The Wärtsilä contract includes an option for the supply of equipment to the remaining two vessels of the series.


Keppel Singmarine Wins $46M in Contracts

Keppel Singmarine received orders for four offshore support vessels (OSVs) and two tugboats for about $46 million. The vessels will be progressively delivered to their owners up to first half of 2007. Currently, Keppel Singmarine has 22 vessels under construction, having delivered nine since the beginning of 2005. Its strong orderbook has placed the Company as one of the world’s leading builders of offshore support vessels.


Coast Guard, Navy to Conduct Security Exercise

A flotilla of military and support vessels Tuesday will conduct a joint security exercise off of the entrance to Pearl Harbor. Persons viewing this exercise from shore or from other vessels should not be alarmed - this is only an exercise. The U.S. Coast Guard Cutter Galveston Island along with small boats from Naval Station Pearl Harbor, Naval Submarine Support Command, and the Coast Guard Maritime Safety and Security Team Honolulu will exercise a variety of security scenarios


Damen Gets Contract to Build Navy LSV

On January 10, 2005 a contract was signed between the Royal Netherlands Navy and Damen Shipyards Gorinchem for the design and construction of a Logistic Support Vessel (LSV). Following a tender procedure the initial award took place at the end of 2004 after which the contract was signed early January. The 65 m long Support Vessel will be based in the Caribbean and will be deployed for the transport of equipment and personnel, mainly within the Netherlands Antilles.


Navy Time Charter of 'Kellie Chouest' Renewed

Kellie Chouest at Work: Photo credit Navy Mil.

Among latest Deptartment of Defense, Navy contracts, an option for renewal of the 12-month time charter of the US-flagged surface support vessel is exercised. Alpha Marine Services, LLC, Cut Off, La., is being issued an $8,184,030 modification under a previously awarded firm-fixed-price contract (N00033-12-C-2002) to exercise an option for the 12-month time charter of U.S.-built, U.S.-flagged, contractor-owned and contractor-operated surface support vessel MV Kellie Chouest. 


Damen Delivers First Twin Axe FCS for O&G

Merel-G (Photo: Damen)

Damen Maaskant Shipyards Stellendam have a decade-long relationship with the family-run Groen Offshore, Guard & Support, having built seismic research vessels and completing a majority of its repairs in the past.  On July 17, the two parties were united again in an event marking the


Nautilus Awards Contract for Dewatering Plant Design

Image: Nautilus Minerals

Nautilus Minerals Inc. has awarded a contract for the design of the Solwara 1 dewatering plant to be used on the company’s production support vessel to the Brisbane office of engineering specialist DRA Group.    Nautilus CEO, Mike Johnston, commented


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


Mingde Heavy is Bankrupt

Photo: Nantong Mingde Heavy Industry

 Nantong’s Tongzhou District People’s Court has put an end to the restructuring appeal by debt-ridden Nantong Mingde Heavy Industry, and officially declared it bankrupt.    A  a request by Mingde to extend the submission of its restructuring plan


Oaktree Capital Pumps $25 mln into Harkand

John Reed (Photo: Harkand)

Harkand's key shareholder Oaktree Capital Management has reaffirmed a strong commitment with an additional $25 million of funding which will allow the company to expand its footprint in new and existing regions. As well as maintaining its operations in current market conditions


Frøy Server: Mono-Hull Innovation

Frøy Server

  When it comes to innovation in new boats, few hold a better record than the Norwegians. As pioneers in the salmon farming industry they have several decades of innovation in maintaining the farms and in transporting fish from farm to market as well as developing work vessels to support the


New 43m DSVs Designed by Incat Crowther

Image: Incat Crowther

A pair of 43m Monohull Dive Support Vessels has been designed by Incat Crowther, with input from the builder and operator, to meet RINA class requirements for special service, diving and dynamic positioning.   The vessels are currently under construction at Arpoadar Engenharia, in Guaruja


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.  


Quality Counts as AMC Boosts Production

Photo: AMC

Aluminium Marine Consultants (AMC) celebrated its acquisition of ISO 9001 quality management certification in June by placing four High Speed Support Vessels (HSSV) under build simultaneously in its new Isle of Wight UK building hall.  


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


Flexible Pod System Key to WFSV Versatility

Photo: CTruk

workboatd designer and builder CTruk cites versatility as a key factor in Offshore Turbine Services’ (OTS) acquisition of seven 18.5-meter wind farm support vessels (WFSV) over the past three years.   OTS has worked its CTruk fleet all around the U.K


US: Shell is Not Yet Allowed to Drill in Arctic Oil Zone

Fennica (Photo: Arctia Shipping)

The U.S. Interior Department on Wednesday granted Royal Dutch Shell two final permits to explore for crude in the Arctic this summer, but said the company cannot drill into the oil zone until required emergency equipment arrives in the region.  


Specialty Motors Keep Shipping Afloat

Sealion Motor web.jpg

When large specialty motors fail at sea, finding a suitable replacement within days – not months – is critical to bring production back online and minimize loss of revenue    Whether for sophisticated thrusters or naval weaponry, or equipment such as compressors


Damen Offshore Carrier Maersk Connector Launched

Launch of Maersk Connector at Damen Shipyard

  Yesterday senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group who gathered at Damen Shipyards Galati, Romania witnessed the launching of subsea support vessel Maersk Connector. The vessel is owned and operated by Maersk Supply Service and is built to


Shell Gets APD for limited Arctic Drilling

Bureau of Safety and Environmental Enforcement (BSEE) personnel conducted inspections of Shell Oil Co. marine vessels Noble Discoverer and the semi-submersible drilling unit Transocean Polar Pioneer in Dutch Harbor, Alaska

  After extensive review and under a robust array of safety requirements, Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno today announced that Shell has received conditional approval of two Applications for Permits to Drill (APD) to conduct limited exploratory






 
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