SeaHold GEOSHIPS Adds Two New Offshore Vessels

Wednesday, November 09, 2011
Kenny Macleod, chairman, Seahold GEOSHIPS 1.

SeaHold GEOSHIPS expanded its fleet of multi-purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, while also signifying a $140m in additional financial commitment. The new vessels, which are both of Vik & Sandvik VS470 design will be delivered in Quarter 1 2012 and Quarter 4 2012 respectively and are actively being promoted to the Oil and Gas market for long-term work.  Specified as multi-purpose support vessels, they are capable of IRM, WROV support and general subsea duties and can be fitted with Survey, ROV and Diving equipment. These vessels are suitable for work in a variety of areas, including the North Sea, Mediterranean, West Africa and Asia Pacific.  This investment reinforces the firm’s continued commitment to provide a growing fleet of quality new vessels to the oil and gas and renewables sectors.
Kenny Macleod, chairman of SeaHold GEOSHIPS, said: “We are delighted to be investing in our own fleet of vessels and this commitment underpins our ambitious growth plans for the next few years.  Our growing fleet enables u to focus more attention on the emerging offshore renewable energy market, as well as improving our ability to support our offshore Oil and Gas customers. The first VS470, Loch Erisort, which is of clean and comfort class has an overall length of 74 metres, and is certified to accommodate up to 65 people in one and two man cabins.  The second vessel which is certified to carry 60 POB, is slightly longer at 76m overall. Formed in 2003, SeaHold GEOSHIPS has a forecasted turnover of £17million for the 2012 financial year, with turnover projected to increase to around £120million by 2015 on the back of an eight vessel fleet. With a team of 13, the company is looking to recruit at least 5 new employees in the next 6 months.  To meet staffing requirements on-board the expanding fleet, GEOSHIPS expects to have around 300 personnel, including marine crew, in the next 3 years. Earlier this year GEOSHIPS entered into an 18-month charter for its first vessel, a new multi-purpose offshore vessel called Stril Explorer, and also awarded exclusive service agreements to NCS Survey and Hallin Marine for the provision of Survey and ROV services respectively from this vessel.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

FIO’s New Research Vessel Enters Build Phase

The 78’ research vessel designed and engineered by Boksa Marine Design (BMD) in 2015 is headed to the building phase beginning in June.   BMD contracted with

HII Secures Aircraft Carrier Planning Contract

Huntington Ingalls Industries (HII) was awarded a $152 million contract for advance planning for the construction of the third aircraft carrier in the Gerald R.

Maritime Future Summit: Digital Shipping

Autonomous ships, smart on-board systems: At the Maritime Future Summit on September 5, industry leaders will discuss the future of shipping. For the first time

Workboats

Master Marine Delivers Z-drive Towboat to Marquette

Marquette Transportation Co. has taken delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala.   The 78' x 34’ x11' vessel, St.

KOTUG Begins Operations in Mozambique

KOTUG Mozambique has begun exclusive port and terminal towage services with two Rotortugs in the new port of Nacala-a-Velha in northern Mozambique for Nacala Development Corridor (CDN),

Cheoy Lee Joins the Robert Allan Ltd. ‘Century Club’

On April 26, 2016, China’s Cheoy Lee Shipyards launched its 100th vessel built to a Robert Allan Ltd. design, becoming the second shipyard worldwide to do so, following Sanmar’s achievement in 2013.

Vessels

FIO’s New Research Vessel Enters Build Phase

The 78’ research vessel designed and engineered by Boksa Marine Design (BMD) in 2015 is headed to the building phase beginning in June.   BMD contracted with

HII Secures Aircraft Carrier Planning Contract

Huntington Ingalls Industries (HII) was awarded a $152 million contract for advance planning for the construction of the third aircraft carrier in the Gerald R.

'K' Line Takes Delivery of Corona Series Coal Carrier

Kawasaki Kisen Kaisha, Ltd., Tokyo, (“K” Line) has announced the delivery of Corona Victory, an 88,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.0871 sec (11 req/sec)