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Support Vessels

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


Bharati Shipyard to Build Offshore Vessel for Great Offshore

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.


ABS Offers Guidance For New Generation OSVs

The ABS classed “Posh Champion” is an example of the growing sophistication in this vessel type featuring high horsepower and strong bollard pull rating, dynamic position system (DPS-2) with a rail mounted crane which can move fore and aft to service the workdeck. The class notation for this unit is A1, Towing Vessel, Fire Fighting Vessel Class 1, Offshore Support Vessel AH, , AMS, ACCU, DPS-2, ES2020 . (Photo courtesy of POSH Semco Pte Ltd.)

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 Fuji Assists Octomar Dive Team

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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 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.


Rederij Groen Takes Delivery of 7-Stars OSV

Photo: Damen

35-meter offshore chaser is last in series of three identical vessels   Maaskant Shipyards Stellendam delivered the offshore support vessel (OSV) 7-Stars to offshore support service provider Rederij Groen in Scheveningen, the Netherlands.   The 7-Stars will join Rederij Groen’s fleet of almost 30 vessels, which includes sister vessels of the same series 7-Oceans and 7-Seas. The three vessels, designed in close cooperation with both Rederij Groen and its customer


News: VT Halter Marine Lays Keel for LSV

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 Acquires Bee Mar's Assets

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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


Strong Offshore Market Demand Prompts Swissco OSV Orders

Image courtesy of Swissco

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


Technip Buys Out DOF Subsea

Skandi Arctic. Photo: The DOF Group

 The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect.    According to the company, the transaction is done at market terms and will improve the cash position for the Group.    The 18,640-gt Skandi Arctic is a diving support vessel (DSV) built in 2009 and it can accommodate 140 persons.  


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


Conference to Delve into Hybrid Power & Propulsion

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The first international Hybrid Marine Power & Propulsion Conference will be held at the RNLI Lifeboat College, Poole UK from October 6-8, 2015.   Shock Mitigation will bring together an international group of experts, armed with the latest knowledge that will identify the potential


Tero Marine Secures Boa Offshore Contract

Boa Jarl (Photo: Tero Marine)

Tero Marine informs it has secured a multimillion (NOK) contract for delivery of fleet management software to Norwegian shipping company Boa Offshore. The Bergen-based tech company will install its TM Master suite on 14 vessels.   TM Master will thus be the preferred fleet management


Damen, AMELS sell YSV with Heli Hanger

Amels Yacht Support  6911

  The sale of a new 69-metre Yacht Support vessel marks the next level of development for the successful Yacht Support range built by DAMEN in cooperation with Dutch luxury yacht builder AMELS. The new SEA AXE 6911 is the first in the Yacht Support range to feature the ultimate technical


UOC Invests $10 Mln in Vallianz

Pic: Vallianz Holdings Limited

 Singapore-listed Vallianz Holdings Limited, that provides offshore support vessels and integrated marine solutions to the oil and gas industry, has received an investment of $10 million from institutional investor fund United Orient Capital Pte Ltd (UOC).  


Topaz Selects ABS Fleet Management Software

Offshore support vessel company Topaz Energy and Marine has selected ABS as its fleet management software provider.   Topaz will install the ABS Nautical Systems Fleet Management Software suite on 58 of its core vessels to more efficiently plan for maintenance work


Shell Protesters Cited for Entering Safety Zone

U.S. Coast Guard (USCG) Sector Puget Sound investigating officers initiated civil penalties, Friday, against four individuals who entered an established safety-zone around a Shell-contracted vessel in Bellingham during Memorial Day weekend.  


Aqueos Takes Delivery DSV for Liveboating

Photo: Aqueos Corporation

Aqueos Corporation, a subsea services provider for the offshore oil and gas sectors of the Gulf of Mexico and the Pacific West Coast, announced the delivery of SPLASH, a Special Purpose Liveboat and Survey Hull to specifically address safety concerns with traditional methods of Liveboating.


Otto Marine Bags $27mln Charter Contract

Photo: Otto Marine

Otto Marine Limited, a builder and charterer of complex offshore support vessels and specialized offshore services provider, announced that its wholly-owned subsidiary, Swordfish 1 Pte Ltd, has entered into a long-term bareboat charter contract worth $27 million.  


Shell Barge Arrives in Alaska

Arctic Challenger. Photo by Royal Dutch Shell

 The Arctic Challenger, an oil spill containment barge, that had left Bellingham, north of Seattle, and was headed toward Dutch Harbor, in Unalaska, off mainland Alaska,  reached port in Alaska on Wednesday, June 10, for a brief stop before heading to the Chukchi Sea to support


ADM Joint Venture Acquires Brazilian Shipping Agency

Archer Daniels Midland Company (ADM) and Norton Lilly International announced that their steamship agency joint venture, Agri Port Services LLC, has acquired Brazilian port and shipping agency Blue Ocean Agencia Maritima Ltda. ADM was previously a part owner in Blue Ocean.  


Shell Arctic Rig Protesters Detained and Released

USCG photo by Katelyn Shearer

U.S. Coast Guard (USCG), partner agencies detain, release violators of established safety zone   The 24 people who violated the 500-yard safety zone established around the Shell Arctic drilling rig Polar Pioneer were detained by USCG and partner agency law enforcement personnel Monday


ZPMC Orders Romica Equipment for DSV

Image: REL

Romica Engineering Ltd (REL) has signed a contract with Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC) to provide a triple drum winch and tooling deployment A-Frame system. This will support the overboard deployment and recovery of diver tools supporting subsea work.  


Harkand Secures Decommissioning Work in UKCS

David Kerr (Photo: Harkand)

Global  inspection, repair and maintenance (IRM) company Harkand, has commenced decommissioning work in the United Kingdom Continental Shelf supporting Maersk Oil UK’s work in the Leadon field. Earlier this year, the IRM firm secured a multi-million pound 12-month frame agreement


ABB: Top Innovator for Marine Industry

ABB team with the Innovation of the Year Award

  ABB, the leading power and automation technology group, has been awarded the Innovation of the Year Award for the recently introduced Azipod D electric propulsion product at the Electric & Hybrid Marine World Expo in Amsterdam, the Netherlands.  






 
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