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.
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
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
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.
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
New Orleans based Harvey Gulf International Marine, has announced the launching of its completely remodeled corporate website: www.HARVEYGULF.com. The website has been updated to reflect the growth and presence of Harvey Gulf as one of the leaders in the U.S. oil and gas industry as well as being the leader in LNG powered offshore support vessels. Visitors to the website will be able to access detailed specification sheets for the fleet
Nautilus Minerals Inc. announces that the order for the supply of the entire electrical installation for the production support vessel has been awarded to Siemens International Trading (Shanghai) Ltd., a wholly owned subsidiary of Siemens AG.
Deep Sea Supply, a Cyprus headquartered owner of offshore support vessels, has appointed Jon Are Gummedal as new CEO of the company, says a statement from the company. Gummedal has worked with Deep Sea Supply since January 2014 as Technical Director with the responsibility of
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.
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.
IRClass, a leading Classification Society and member of IACS, has recently completed the survey and certification of ‘Greatship Ramya’, during its conversion from an Offshore Supply Vessel (OSV) to a Well Stimulation Vessel for Schlumberger under its Single Class
Iran says ships on anti-piracy mission; Yemen conflict a fault line in Iran's rivalry with Saudi Arabia. Iran sent two warships to the Gulf of Aden on Wednesday, state media reported, establishing a military presence off the coast of Yemen where Saudi Arabia is leading a bombing campaign to
An order for cranes to be used on Nautilus Minerals Inc.’s production support vessel has been awarded to MacGregor, headquarter in Kristiansand, Norway. The contract marks the third major long lead time equipment package to be awarded by the shipyard
Africa-focused proprietary investment firm L.A.T Cleveson (LATC) has signed an order with Damen Shipyards Group for the supply of two PSV 3300 Platform Supply Vessels and two FCS 5009 Fast Supplier Vessels. This transaction will bring next generation Damen PSVs to the offshore industry of Nigeria
The bridge layout for two 72-meter high speed support vessels (HSSVs) for the Royal Navy of Oman has been formally approved during a ceremony held at Austal Australia’s shipyard in Henderson, Western Australia, the shipbuilder announced.
Incat Crowther reported it has opened an office in Europe. Located in Southampton, United Kingdom, the office has been created to support a growing European client base and meet the demand for Incat Crowther’s products and services in the region, the company said.
On Thursday, April 9, the official naming ceremony took place for inspection repair and maintenance (IRM) light construction vessel Olympic Bibby, at the Kleven Shipyard, Norway. The ceremony saw the vessel’s official Godmother Connie Brown
Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPSO vessel is located 193 kilometers east of Aberdeen
Hybrid Marine Power & Propulsion Workshop – Southampton – May 13 & 14, 2015 In May 2015 U.K. based Shock Mitigation will bring together a group of experts armed with the latest knowledge that will assist the sub IMO professional sector to understand the possibilities
Otto Marine’s Shipyard delivered four newbuild vessels worth a total contract value of $36.6 Million Otto Marine Limited, an offshore marine group which owns and operates a large fleet of offshore support vessels with a worldwide presence
Thome Group is giving its full support to Singapore Maritime Week with several senior executives speaking at key events during the packed programme. Michael Elwert, Director of Group Strategy, HR & Support, will chair a session at the Sea Asia conference on Thurs April 23 to