Otto Marine Charters PSV Otto Explorer

Monday, January 18, 2010

Otto Marine Limited announced that it has successfully found a charter for its MT6009 PSV, named Otto Explorer. The vessel will be chartered out to the Group’s subsidiary, Singapore-based Reflect Geophysical Pte Ltd, on a bare boat charter for a contract term of 7+1+1+1 years.

The MT6009 PSV, a Multi Purpose Field Support Vessel (Hull 7037), is the first of her kind to be built in Asia on a turnkey basis. The MT6009 PSV is a DNV Class, diesel-electric propelled vessel that is environmentally friendly and provides its crew with comfort class specifications. The 3,200 DWT vessel is built with thin shell plates that allow cargo carrying capacity to be optimized. The MT6009 PSV is capable of operating in the harshest of deep-sea conditions including the challenging North Sea. The vessel measures 245 ft in length and has a deck space of approximately 600 square meters.

Reflect will take delivery of the vessel in May 2010 and will utilize it for seismic information gathering. The seismic ready vessel is currently being outfitted with the necessary seismic equipment at Otto Marine’s Batam shipyard. Reflect is expected to deploy the vessel for seismic information gathering in 2H2010.

The successful charter of the MT6009 PSV marks the commencement of Otto Marine’s new specialized services division. In this new business segment, Otto Marine intends to be a service and vessel provider to higher margin niche markets, such as the lucrative seismic and subsea segments. The group will now have three complementary business segments:
•    Shipbuilding & Ship Repair and Conversion
•    Ship Chartering
•    Specialised Offshore Services

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

Offshore

MODEC FPSO Achieves First off Brazil

MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil,

AFBO to Provide Security in Arctic Waters

State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the

First Damen Twin Axe Workboat for Middle East

Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is

Vessels

G E Shipping Takes Delivery of Bulker

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a new building Kamsarmax Dry Bulk Carrier “Jag Aakash” (81,600 dwt). The vessel was ordered

APM Terminals Pipavav Starts New Ro/Ro Service

With 1,300 new Indian-built Ford automobiles loaded onto the Grand Dahlia on August 27th for delivery to Mexico, a new era for the Indian auto industry and Gujarat Port Pipavav commenced.

Nominations Invited for BIMCO Awards

BIMCO, the world’s largest international shipping association is now calling for nominations for its prestigious awards, to be presented in Hamburg in November 2015.

 
 
Maritime Contracts Maritime Security Navigation Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.2037 sec (5 req/sec)