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
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.
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.
Increased sophistication within the offshore support vessel (OSV) market has prompted classification society ABS to develop standalone guidance for these more specialized yet multi-functional vessels. Newly developed criteria and relevant existing Rule requirements have been consolidated into the ABS Guide for Building and Classing Offshore Support Vessels. ABS classes approximately one-third of the worldwide OSV fleet and in the past had reviewed these specialized vessels by
Fairmount Marine’s multipurpose support vessel Fairmount Fuji has supported Angolan maritime service provider Octomar Serviços Maritimos in underwater maintenance of the drilling rig Transocean Rather. The Fairmount Fuji hosted and assisted a diving team of Octomar during the six weeks job offshore Angola. The Fairmount Fuji is a multipurpose support vessel with a spacious aft deck of 280 square meters and with towing capabilities
VT Halter Marine Inc. began the construction of the U.S. Army Tank-automotive and Armament Command's (TACOM) newest Logistic Support Vessel (LSV), marked by a keel laying ceremony at the yard. "Our employees have first-hand experience in designing and building Logistic Support Vessels, Large Tugs and LCU-2000 Class Landing Craft that are specifically tailored to operational requirements," said Butch King, CEO of VT Halter Marine. "The U.S
Harvey Gulf International Marine’s CEO, Shane Guidry, announced that, on June 4, 2012, Harvey Gulf signed an agreement with Bee Mar, LLC to purchase all of Bee Mar’s vessels and assets. The purchase will include 10 Offshore Supply Vessels, which will increase Harvey Gulf’s fleet to a total of 32 vessels – with 24 deepwater, new generation Offshore Support Vessels and 8 deepwater towing vessels. Upon closing, Harvey Gulf will have operations in the U.S
Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 50-million. Upon completion of the sale, the buyer will charter the vessel to the Ottto Marine Group subsidiary, Go Marine Group Pty Ltd. The company has received a deposit of US$1 million from the buyer for the transaction with the balance to be paid upon delivery of the vessel, which is being built at the Otto Marine shipyard in Batam, Indonesia.
Singapore's Swissco Holdings say they have placed orders with China shipyards for two anchor handling tug supply vessels (“AHTS”) and a fast utility/crew boat with a one plus one option. The newbuild vessels, excluding owner supplied equipment, are worth an aggregate of S$42 million. “We believe that the heightened demand for offshore support vessels will remain sustainable on the back of healthy level of activities in the robust oil and gas industry and we will continue
Fairmount Marine’s multipurpose support vessel Fairmount Fuji has assisted drillship Stena Forth, owned by Swedish Stena Drilling, when passing by Cape Town, South Africa. Fairmount Fuji was contracted to perform several cargo runs. Stena Forth anchored offshore Cape Town for crew changes and replenishments. Fairmount Fuji is equipped with a spacious 280 square meters deck. This makes her ideal for the transport of goods
Marine Propulsion Systems, a business unit of ZF Friedrichshafen AG, shared at the sidelines of Marintec China 2013 that China continues to be a key focus for the company and shared plans to strengthen its footprint in the market. ZF Marine has been in China since 2006 and currently operates a
An all-electric, fuel cell-powered, unmanned aerial system (UAS) aircraft has been successfully launched from the submerged 'USS Providence' (SSN 719) & flew a several hour mission demonstrating live video capabilities streamed back to the submarine
Engine manufacturer Wärtsilä has launched a new 2-speed marine gearbox, which it says offers notable economic and environmental benefits. The product will serve vessels having multiple operational modes or reduced transit speed, including among others: ropax ferries
AVEVA announced that BMT Defense Services Ltd (BMT) has chosen AVEVA Marine software to serve its current and future customers through improved design efficiency. BMT has selected AVEVA Marine to enable tighter integration between its hull and outfitting disciplines
Grandweld Shipyards has completed the delivery of Bourbon Gannet, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City.
Two AHTS (80 metric ton bollard pull with dynamic position capability) One 36 meter fast utility/crew boat with option for a second vessel Continues its fleet renewal and expansion program to capitalise on strong demand for offshore support vessels
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced the win of two contracts with BP in Azerbaijan’s largest oil and gas fields worth approximately $100 million (USD)
Incat Crowther announced the opening of an office in Rio De Janeiro, Brazil, created to meet the growing demand for Incat Crowther’s products and services in South America while placing Incat Crowther at the center of the South American Offshore Oilfield industry.
Roll-Royce has gained two marine contracts: The first, worth US$138-million is for energy services support to Petrobas, and the second worth £20-million, is to provide ship equipment for 10 AHTS vessels under construction by Malaysia shipbuilder Nam Cheong, Details as follows:
Oceanteam Shipping ASA (OTS) confirm the extension of the bareboat charter of their 'CSV Southern Ocean' by Fugro TS Marine Australia until the end of 2018. CSV Southern Ocean is a large construction support vessel jointly owned between Bourbon Offshore Norway AS and Oceanteam Shipping ASA
Harkand has increased its presence in the burgeoning Asia Pacific region by securing a clutch of multimillion dollar contracts for execution in 2013/14. Under a deal with PTSC Offshore Services, the ROV support vessel Harkand Harmony has been deployed on its first charter since joining the fleet
In 2011, Bourbon entered a five-year charter agreement with CGG for a series of six new seismic support vessels, an industry first. Two years later, the Bourbon Petrel and the Bourbon Fulmar are already in service in the Black Sea and Northern Europe, and a third vessel, the Bourbon Gannet
Topaz Energy and Marine, an offshore support vessel company, has announced the results of its subsidiary Nico Middle East Ltd. (NMEL) for the nine months ended September 30, 2013. The period has seen continued strong growth across the group’s activities with revenues up 27%
McDermott International, Inc. (NYSE:MDR) announced that one of its subsidiaries has entered into an agreement with Petrobras for a short term charter to supply its subsea construction vessel North Ocean 102 (“NO102”). The NO102 will carry out deepwater umbilical and flexible pipe
Damen Shipyards has unveiled a completely new Wind Farm Service Vessel (WSV) to support and accommodate turbine maintenance crews at sea and allow them to “Walk-to-Work.” After industry-wide consultation, the vessel has been designed from first principles to provide on-site work