Adriatic to Acquire Vessels from C&E Boat Rental

Posted by Eric Haun
Tuesday, April 29, 2014

Raceland, La.-based Adriatic Marine LLC has entered into a contract with C&E Boat Rental LLC to take over operations of one 220’ DP-2 and two 170’ DP-1 Offshore Supply Vessels (OSVs). Adriatic Marine will also take delivery of another 220’ DP-2 OSV presently under construction for C&E Boat Rental in Bayou La Batre, Alabama with an expected delivery date of September 2014. This transaction is scheduled to close in the next 30 days.

With the addition of the 220’ OSV and the two 170’ OSVs, Adriatic Marine will have a fleet of 21 DP-1/DP-2 OSVs, ranging in length from 170’ to 220’ and having an average age of four years, making its fleet one of the newest and most sophisticated in the Gulf of Mexico. Adriatic Marine also has three 200’ DP-2 OSVs with methanol capabilities, seven 220’ DP-2 OSVs and two 260’ DP-2 OSVs on order, with deliveries commencing in July 2014. Upon taking delivery of all vessels presently under contract, Adriatic Marine’s fleet will expand to 33 OSVs.

Additionally, Adriatic Marine owns and operates a fleet of ABS-classed, oceangoing deck barges, all of which were built within the last three years. Adriatic Marine has ordered two additional 100’ x 260’ x 16’ deck barges and two 72’ x 260’ x 16’ deck barges to add to its fleet, with deliveries commencing in October 2014.

adriaticmarinellc.com
 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Venezuela Probes ex-minister accused of corruption in Ferry Deals

A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three

Apply Now for the MN 100

The August 2015 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators,

Alfred Hartmann: New Captain on the Bridge at VDR

Shipping owner Alfred Hartmann is the new President of the Association of German Shipowners (VDR). For the first time a mid-size company owner is at the helm of the VDR,

News

Venezuela Probes ex-minister accused of corruption in Ferry Deals

A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three

Two Rescued from Sinking Shrimp Boat

Two fishermen were rescued from their sinking shrimp boat by a U.S. Coast Guard aircrew Friday off the coast of Saint Simons Island near Brunswic, Georgia.   Watchstanders

IMO: Making Ferries Safer

The International Maritime Organization (IMO) domestic ferry safety conference in Manila April 24 has adopted guidelines to aid the process of reducing the mounting

Vessels

Venezuela Probes ex-minister accused of corruption in Ferry Deals

A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three

EUROPA 2 Undergoes First Scheduled Docking

As part of its first scheduled docking, Hapag-Lloyd Cruises’ EUROPA 2 underwent technical maintenance at Blohm + Voss in Hamburg from April 11-24, 2015.   At the same time,

Boatbuilding in China

While much of the focus on coverage of the Chinese shipbuilding industry is on big shipbuilding, Maritime Reporter switches gears this month to explore activities in select boatbuilding sectors.

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2179 sec (5 req/sec)