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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Kleven Shipbuilding Wins IES Pioneer Contract

Norway’s Kleven announced it has signed a shipbuilding contract with Malaysian based joint venture company IES Pioneer Ltd. The vessel is of Norwegian design

Sunken WW II Ship Oil Leak Plugged

Atlantic Coast Marine Group, Inc. successfully responds to World War II era motor tanker leaking massive cargo of oil into the Atlantic Ocean's waters. Beaufort,

New ICTF Boosts Crowley’s Efficiency

The opening of Florida East Coast Railway’s (FEC) new, state-of-the-art intermodal container transfer facility (ICTF) adjacent to Crowley Maritime Corporation’s Port Everglades, Fla.

Contracts

Kleven Shipbuilding Wins IES Pioneer Contract

Norway’s Kleven announced it has signed a shipbuilding contract with Malaysian based joint venture company IES Pioneer Ltd. The vessel is of Norwegian design

Eastern to Build Offshore Vessel for Harvey Gulf

Eastern Shipbuilding announced that on, Wednesday July 16, 2014, Harvey Gulf International Marine, Inc. (HGIM) and Eastern Shipbuilding Group, Inc. (ESG) entered

Suicide Attack Escalates Libya Violence, Oil Output Slips

Crude output slips for first time since port deal; fresh clashes in Tripoli and Benghazi. Brega oil port seen open in few days. A twin suicide bombing at a Libyan

News

Heavy Lift & Project Vessels Face Berthing Delays at Indian Ports

Heavy Lift & Project vessels calling at Indian ports are experiencing congestion, which according to the trade is an artifically created situation. They point out that unlike other vessels,

Aker Philadelphia Shipyard ASA : Purchase of own shares

Aker Philadelphia Shipyard ASA (the "Company") (Oslo: AKPS) has on 21 July 2014 purchased 2,155 shares in the Company on Oslo Axess at an average price of NOK 160.

BHP Billiton Pledges A$6 mi to Bush Blitz II Project

Alongside partners the Australian Government and Earthwatch, BHP Billiton Sustainable Communities today announced a A$6 million contribution to the second stage

Vessels

COSCO Corpn. Secures Contracts of $300 mi

COSCO Corporation (Singapore) Limited announced that shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO Shipyard Group Ltd, have secured

Kleven Shipbuilding Wins IES Pioneer Contract

Norway’s Kleven announced it has signed a shipbuilding contract with Malaysian based joint venture company IES Pioneer Ltd. The vessel is of Norwegian design

Eastern to Build Offshore Vessel for Harvey Gulf

Eastern Shipbuilding announced that on, Wednesday July 16, 2014, Harvey Gulf International Marine, Inc. (HGIM) and Eastern Shipbuilding Group, Inc. (ESG) entered

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1262 sec (8 req/sec)