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

Offshore

BOEM Extends O&G Lease Comment Period

The Bureau of Ocean Energy Management (BOEM) is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the

Total E&P is First to Use FROG-XT4

Total E&P is the first to use Reflex Marine’s newly developed FROG-XT4 on the Odudu field in Nigeria. The French operator purchased the crew transfer device

New Standard gets Revised Program for Cooper Basin Approved

New Standard Energy Limited (New Standard) advises that it has received approval for amendments to its five year work program in PEL570 in the Cooper Basin. As part of the revised program,

Maritime Security

US Blacklists North Korean Shipping Firms

The United States on Wednesday blacklisted two North Korean shipping firms, Chongchongang Shipping and Ocean Maritime Management, following a similar move by the United Nations.

UN Places Sanctions against North Korean Shippers

The United Nations Security Council has imposed sanctions on the North Korean shippers that operate the vessel Chong Chon Gang, seized by Panama in July 2013 for

NYK Line Hosts Fleet Safety Conference

NYK says it has hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage 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: 0.1544 sec (6 req/sec)