ADS Maritime Holding Acquires 10% Stake in High-Spec Dive Support Vessel
ADS Maritime Holding said Wednesday it had acquired a 10% stake in a Dive Support Vessel and will act as Commercial Manager with primary responsibility for following up the shipowning company’s activities related to the vessel and the bareboat contract.The vessel “Southern Star” is a high spec DP3 Dive Support Vessel (“DSV”) built in 2017, suited for light subsea construction work (150t subsea crane) and advanced dive support work with accommodation for approximately 120 pax.
James Fisher Sells DSV to Seamec
Marine services company James Fisher and Sons said it has sold another one of its dive support vessels (DSV) to India-based Seamec Limited.The U.K.-based firm announced on Wednesday it entered into a memorandum of agreement for the sale of the 2007-built, 103.7-meter-long DSV Subtech Swordfish for $24 million.The deal remains subject to completion of the formal sale process, including issuing of notice of readiness and completion of flag requirements, James Fisher said.Under the agreement, James Fisher will maintain access to the Swordfish until the end of Q3 2023, enabling it to complete existing and potential customer commitments, the company said.
US Navy to Name Oceanographic Survey Ship USNS Robert Ballard
The U.S. Navy's next Pathfinder-class oceanographic survey ship will be named USNS Robert Ballard (T-AGS 67), Secretary of the Navy (SECNAV) Carlos Del Toro announced on Wednesday.The name selection follows the tradition of naming survey ships after explorers, oceanographers and distinguished marine surveyors. Widely known as a discoverer of the final resting place of the R.M.S. Titanic, Dr. Robert Ballard is a retired U.S. Navy Commander, former director of the Center for Ocean Exploration…
Top European Shippers Warn Freight Costs to Stay High
Two top European shippers warned on Wednesday freight costs were likely to remain high well into this year, offering no relief to customers including the world's biggest retailers, though they said bottlenecks should ease later in the year.Pandemic-related disruption and a surge in consumer demand drove up prices for shipping goods around the world last year, boosting profits for both container shipping group Maersk and freight forwarder DSV."Freight rates remain very high, volumes are strong and lots of shipping capacity is still tied up outside ports…
Supply Chain Chaos to Boost Maersk 2022 Profit
Shipping group Maersk expects 2022 earnings to be around as high as last year, it said on Wednesday, as the supply chain disruption that sent freight rates soaring extends into the first half.It expects underlying earnings before interest, tax, depreciation and amortization (EBITDA) at around $24 billion this year, similar to last year, but slightly below the $24.4 billion expected by analysts in a poll gathered by the company.Its shares were down around 2% in early trading and have fallen 11% since reaching an all-time high in mid-January.While Maersk's customers faced "severe challenges"…
Shipping Giants Will Plot Course for Landbound M&A
Shipping giants are heading for port, but not in the traditional sense. Companies like Denmark’s A.P. Moller-Maersk and Germany’s Hapag-Lloyd are riding a record valuation wave thanks to a year of sky-high container rates. Gobbling up land-based logistics rivals would be one use for the cash burning a hole in their pockets. It would also serve as a handy buffer against future supply-chain crunches.Pandemic upheaval has benefitted the shipping industry. Government support, such as checks mailed out to U.S. households, fueled a consumer spending spree. Freight rates have soared.
Vestas Partners with Maersk on Containerized Transport
Wind turbine manufacturer Vestas and shipping giant Maersk have formed a long-term strategic partnership for all containerized transport, including door-to-door transport from the company's suppliers to their factories and service warehouses as well as containerized site parts and transport equipment.The partnership, which becomes effective January 1, 2022, also includes all airfreight shipments, but not non-containerized road transport and outbound transport, which will continue to be managed by DSV and other partners.By partnering with Maersk…
DOF's Skandi Achiever DSV to Stay with Petrobras Until 4Q 2022
Norwegian offshore vessel operator DOF Subsea has won more work in Brazil with Petrobras.After a recent three-year contract secured for a pipelay support vessel duo co-owned with TechnipFMC, DOF Subsea said Thursday it had secured a contract extension with Petrobras for the diving support vessel Skandi Achiever.The extension will see the Skandi Achiever stay with Petrobras until the fourth quarter of 2022, providing ROV and diving services until the fourth quarter of 2022. DOF did not share the financial details.Built in 2007, the Skandi Achiever is 105.9 meters long and can accommodate 100 persons, and features an 18 men saturated diving system.The vessel has a 4.2 x 4.2-meter moonpool, and an ROV hangar of 137 square meters.TechnipFMC Says Vessel Contract with Petrobras 'Significant'
DOF Subsea Secures Work on Several Offshore Campaigns in Asia Pacific
Norwegian subsea support vessel operator said DOF Subsea said Monday it had won several contracts awards in the Asia Pacific region.According to DOF Subsea, the contracts provide "significant" utilization for resources and vessels in Q3 and Q4 2021 and secure a "solid" backlog into the first half of 2022. "Onshore works are underway for several offshore campaigns that will utilize the CSV Skandi Hercules and the onshore and offshore teams from Q3 2021 into Q1 2022," DOF Subsea…
James Fisher Sells Dive Support Vessel to Seamec
UK-based offshore services provider James Fisher and Sons has agreed to sell its dive support vessel [Subtech] Paladin.The company has sold the DSV to the Indian offshore services provider Seamec for $17.3 million."This announcement is in line with the Group's newly stated capital allocation policy to reduce leverage, in the short term, through the sale of non-core assets," James Fisher said.The 104 meters long vessel, previously known as Toisa Paladin was built by Kleven in 2008. Seamec has confirmed the acquisition of the vessel in a statementon Thursday.
Sea Change: Global Freight Sails Out of the Digital Dark Ages
If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly.Before July 2020, Austria-based MediaShop’s deputy supply chain director says he would discover problems in his supply chain only when containers failed to arrive in Hamburg as scheduled.“It was like being in a tunnel where you had only a limited view of what was going on…
Global Supply Lines Struggle to Clear Container Backlog After Suez Chaos
A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say.Dozens of container ships were stuck when the 400-metre-long (430-yard) Ever Given ran aground in the canal on March 23, with specialist rescue teams taking almost a week to free the vessel.The suspension of sailings through the waterway left shipping companies - including container lines - with millions of dollars in extra costs…
Divers Find Deepest Known Shipwreck USS Johnston
A privately funded mission has found, surveyed and filmed the USS Johnston, the world’s deepest known shipwreck, offshore Samar Island in the Philippines Sea.The expedition was backed by Victor Vescovo, is an entrepreneur, explorer and retired U.S. Navy Commander who personally piloted his submersible DSV Limiting Factor down to the wreck during two separate, eight-hour dives 21,180 feet (6,456 meters) below the ocean's surface. These constituted the deepest wreck dives, manned or unmanned…
Kanfer, CGR Partner to Market LNG Bunkering Vessels
Kanfer Shipping AS, the Norway-based shipping company focused on liquefied natural gas (LNG) break-bulk and bunkering ships, said it has entered into an exclusive agreement with CGR Arctic Marine (CGR), the Norwegian LNG technology company that has designed and developed a unique LNG bunkering vessel as well as an innovative gas delivery system that together reduce the overall cost of LNG bunkering infrastructure.Under the licensing and development agreement, Kanfer will exclusively…
Maersk and Other Danish Firms Partner for Sustainable Fuels Project
A group of Danish transportation and energy companies including shipping giant A.P. Moller - Maersk have teamed up to develop an industrial-scale production facility to produce sustainable fuels for road, maritime and air transport in the Copenhagen area.Maersk is joined in the project by DFDS, Ørsted, Copenhagen Airports, SAS and DSV Panalpina, who have brought together the demand and supply side of sustainable fuels to develop a new hydrogen and e-fuel production facility as soon as 2023.
United Wind Logistics' New Deck Carrier Delivered in China
Germany's United Wind Logistics has taken delivery the MV BoldWind deck carrier which will be used to transport turbines for offshore wind farms.MV BoldWind, delivered by Jiangsu Zhenjiang shipyard in China, will start her maiden voyage towards Europe, where she will be employed in a long-term charter in the offshore wind industry.On her maiden voyage, the vessel will carry Vestas wind turbine blades from China to Norway for DSV Panalpina, the Hamburg-based vessel-owner said Friday.The vessel has a deadweight of 10.000 mtons…
Belov's New DSVs Commissioned
Two new dive support vessels (DSV) operated by Belov Engenharia Ltda. have completed class commissioning and are currently performing client acceptance testing for Petrobras.Built at Belov's own fabrication facility in Salvador, the newbuilds Belov Amaralina and Belov Humaitá are of Robert Allan Ltd.'s RAlly 4000’s Class design, fitted with Dynamic Positioning System (DP2), four diesel generators, three water jet propulsors and triple bow thrusters for redundancy. The propulsion system is diesel-electric to improve efficiency when operating in lower power DP modes.
Coronavirus Disrupts Air and Sea Freight, Prices to Rise -DSV
China's fast-spreading coronavirus is squeezing air and sea freight capacity in the country with a spike in freight rates a likely consequence, one of the world's biggest transport and logistics companies said on Friday.The spread of the deadly virus has shut down many cities and factories in China and disrupted global air travel."We are already now seeing capacity problems on air freight," Jens Bjorn Andersen, chief executive of freight forwarder DSV Panalpina said. "Sea freight is also being impacted."Shipping lines are re-routing cargoes and reducing calls to Chinese ports…
The ABC’s of DP 101
Dynamic Positioning has been around for a while, it is evolving and it is here to stay. Here to sort it all out are two of industry’s more familiar stakeholders who also explain what might come next.When it comes to critical offshore operations and vessel handling, this is not your grandfather’s marine industry, and it hasn’t been for some time. That’s because the bridge layout and equipment commonly found on any recently delivered offshore service vessel would be unfamiliar to the typical deck officer of just 20 years ago. Much of that can be attributed to the advent of dynamic positioning equipment systems.DP – perhaps like no other skill at sea – has changed the role of the deck officer. The technical requirements to qualify and operate this equipment are vast.
Aqueos Charters Otto Candies DSV
Subsea services company Aqueos Corporation said it has entered into a multi-year agreement with vessel owner Otto Candies for the charter of the US-built multi-role DP-2 diving support vessel (DSV) Kelly Ann Candies.The high spec vessel has a built-in 14-man Draeger saturation diving system complete with three-man bell, moon-pool bell launch with cursor, self propelled hyperbaric lifeboat (SPHL), 60-ton crane and berthing for 76 persons. The vessel has a Canyon Offshore work class remotely operated underwater vehicle (ROV) with an in-built…
Damen Completes Complex DSV Job
Damen Shiprepair Amsterdam has finished repair work on the 156m Diving Support Vessel (DSV) Deep Arctic. The shipyard reports that it was a complex project with a total of 2198 work permits issued, an indication of the large number of individual jobs that were completed and the number of stakeholders involved. The TechnipFMC-owned Deep Arctic came to Damen Shiprepair Amsterdam (DSAm) primarily for a main class renewal (intermediate) docking and for maintenance including the renewal of the steel plates to its box coolers.
DSV Rever Polaris Gets Engine Overhaul
New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000 running hours service on the generator engines on board the 113-meter-long vessel at A&P Tyne’s facilities in the North East of England, as part of a comprehensive refurbishment and maintenance program of critical power units.The 1999-built Polaris is part of Rever Offshore’s fleet consisting of specialist offshore support vessels (OSV)…
AG&P Invests in Kanfer Shipping, Eyes LNG
Global downstream gas and LNG logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in Norway-based Kanfer Shipping.Kanfer is a developer of small-scale LNG sea transportation, maritime break-bulk solutions, floating storage facilities as well as LNG bunkering. Together, Kanfer and AG&P will make LNG more accessible and commercially viable for downstream customers in new and growing natural gas markets."Kanfer has captured the attention of the global LNG maritime infrastructure industry with its patented, barge design that makes breaking bulk cargoes of LNG easier, faster and more efficient," said a…