Seabulk Acquires Newbuild PSV

Monday, January 20, 2003
Seabulk International, Inc. has purchased and delivered o the Seabulk Africa, a newbuild UT-755L platform supply vessel (PSV) built at the Simek Shipyard in Norway. The 5,500-horsepower, 236-ft. vessel will join the Company's West African fleet, which presently comprises 42 vessels ranging from crewboats to sophisticated anchor handlers. PSVs are large, multipurpose vessels used to ferry equipment, supplies and personnel to offshore platforms and rigs engaged in the production of crude oil and natural gas. "This is a state-of-the-art vessel and the Cadillac of the industry," commented Hubert E. Thyssen, corporate vice president and senior vice president of marketing for Seabulk Offshore, the Company's offshore vessels subsidiary. "She is equipped with the latest technology, including dynamic positioning and firefighting equipment, and is ideally suited to the deepwater West African market. The Seabulk Africa will be the flagship of our West African fleet." The Company also announced that it would bareboat charter, beginning in February 2003 and March 2003, respectively, two additional newbuild vessels from the Labroy Group in Indonesia for deployment in the Southeast Asia market. These two vessels -- the Seabulk Padamyar, a 3,800-horsepower anchor-handling tug/supply vessel, and the Seabulk Nylar, a 3,800-horsepower PSV -- have secured three-year contracts with two option years with a major international oil company. "These two transactions, the purchase of the Seabulk Africa and the bareboat charter of the Seabulk Padamyar and Seabulk Nylar, exemplify our strategy of selectively augmenting our international offshore fleet with sophisticated new tonnage," commented Gerhard E. Kurz, chairman, president and chief executive officer of parent company Seabulk International. "In today's competitive environment, it is essential that we continue to provide our customers with the finest equipment available." Wärtsilä tests first Wärtsilä 50DF dual-fuel engine
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Mermaid Wins Subsea Contract in Gulf of Thailand

Mermaid has secured a 2-year contract for its dive support vessel, ‘Mermaid Commander’, to provide subsea construction support in the Gulf of Thailand for a

Rosneft Achieve Commercial Production in Irkutsk Region Blocks

Commercial inflows of oil, gas and condensate have been acquired in four exploration wells on Rosneft’s licensed blocks, which were handed over to Verkhnechonskneftegaz

FPSO Trio Receives Side Shell Protection

SPS Overlay has yet again been used for side impact protection on three FPSOs for a major player in the offshore industry. The work was carried out at Enseada do Paraguaçu S.

Maritime Security

USCG Commandant to Address PVA Convention

Commandant of the U.S. Coast Guard Admiral Paul F. Zukunft will attend the PVA Annual Convention at MariTrends 2015 in Long Beach, Calif. and deliver a keynote

Philippines to Buy Naval Assets, China Sea Dispute Simmers

The Philippines aims to buy two frigates, two helicopters and three gunboats for deployment in the South China Sea where a territorial dispute with China has lent

USCG Provides SAR Planning Support to Korea

Coast Guard search and rescue crews were relieved by Republic of Korea assets on Saturday in their search for 26 crewmembers from the fishing vessel 501 Oryong that capsized Nov.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair 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: 0.1349 sec (7 req/sec)