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

People & Company News

Boeing, Liquid Robotics Enter Maritime Surveillance Partnership

Boeing and Liquid Robotics signed a global, multiyear teaming agreement for collaboration on product development, maritime services and operational deployments.

Rosneft, ExxonMobil Continue Drilling for Now

Russia's Rosneft and U.S. ExxonMobil are continuing to drill in the Kara Sea and plan to stop work by Oct. 10, Russian Deputy Energy Minister Kirill Molodtsov said on Tuesday.

Aftermath of Scotland Independence Referendum: Platten Speculates

After the referendum debate on Scottish independence Guy Platten, Chief Executive Officer of the UK Chamber of Shipping has called for the divisions created by the campaign to be healed.

Contracts

Boeing, Liquid Robotics Enter Maritime Surveillance Partnership

Boeing and Liquid Robotics signed a global, multiyear teaming agreement for collaboration on product development, maritime services and operational deployments.

Iraq's Southern Exports Unaffected by Conflict

Southern exports average almost 2.60 million bpd; Exports close to record rate seen in May. Lack of Kirkuk northern exports limits overall supply. Iraq's oil

Impact of CITGO Oil Refineries Sale: Analysis

A sale of Venezuelan state oil company PDVSA’s Citgo refining assets could dramatically change crude oil flows: Poten & Partners consider the outcomes in their latest 'Tanker Opinion'.

News

House Introduces Vessel Discharge Legislation

The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, hailed the House introduction of critical

ICS: Global Shipping's Emissions 20% Lower

The total Green House Gas emissions from global maritime transport are estimated to have been more than 20% lower in 2012 than in 2007, according to the International Chamber of Shipping (ICS),

Rosneft, ExxonMobil Continue Drilling for Now

Russia's Rosneft and U.S. ExxonMobil are continuing to drill in the Kara Sea and plan to stop work by Oct. 10, Russian Deputy Energy Minister Kirill Molodtsov said on Tuesday.

Vessels

Safety: It's All About Culture

We in the passenger vessel industry strongly believe in safety. We want our operations to be safe to ensure the well-being of our crew and passengers and the protection of our assets.

BMT Nigel Gee To Launch Project L3 at Monaco Yacht Show

BMT Nigel Gee, a subsidiary of the BMT Group, will be launching its latest innovative design, ‘Project L3’ at the Monaco Yacht Show. Building on Nigel Gee’s

Naming of M/V “SITC SHANDONG” at CSBC Shipyard

The Naming Ceremony of M/V “SITC SHANDONG” was held yesterday in Keelung Factory of CSBC Corporation, Taiwan, by SITC International Holdings Co., Ltd. (SITC International) and CSBC Corporation,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1322 sec (8 req/sec)