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

Shipbuilding

LNG: Did the Greeks Get it Wrong?

In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the

Ithaca’s FPF-1 platform to be moved to Stella field

Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland.

Live Fish Carrier Launched at Gondan

At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel,

Workboats

Thyssenkrupp Involves in Panama Canal Expansion

Thyssenkrupp supplied 14 innovative elevators for expansion of the Panama Canal , seven for each new lock complex, one of which is on the Atlantic side and the other on the Pacific.

Fire-fighting ASD Tugs Sail to Argentina

At the end of June, two Damen ASD Tugs 2810 set sail from Damen Shipyards Galati in Romania to Puerto General de San Martin (Argentina) for towing, mooring, and

Norsafe, VARD Ink lifeboats Supply Deal

Norsafe has signed a new contract with VARD Group, and will supply lifeboats complete with davit systems to a series of fifteen new vessels. Topaz Energy and

Vessels

Ithaca’s FPF-1 platform to be moved to Stella field

Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland.

Live Fish Carrier Launched at Gondan

At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel,

GTT Cuts Outlook on Ship Construction Delays

French supplier of systems for marine transportation of liquified natural gas (LNG) Gaztransport & Technigaz (GTT) reported strong growth in its first half results

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Ship Repair 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: 0.0842 sec (12 req/sec)