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Aht News

17 Nov 2023

Uzmar Begins Building New Offshore Tug for Buksér og Berging

(Image: Robert Allan Ltd.)

Turkish shipbuilder Uzmar Shipyards in October cut first steel for a new offshore support vessel for Norway's Buksér og Berging, Norway.The Robert Allan Ltd. (RAL) designed RAmpage 4100BB-H is designed to satisfy the general demands of the offshore industry and to be built for inshore and offshore worldwide operation. The vessel will be intended to carry out towing, anchor handling, and limited deck cargo transfer.During the design, serious attention was given to minimize hull resistance and fuel consumption at cruising speed…

06 Jun 2023

Kongsberg Maritime Unveils Next-gen Offshore Vessel Designs

©Kongsberg Maritime

Norway's Kongsberg Maritime on Tuesday showcased a new line of offshore ship designs in its UT Design portfolio. The new anchor handler (AHT) and platform supply vessels (PSV) have the option to include alternative energy sources and fuels, such as methanol, ammonia, and hybrid-battery power.The AHT and PSV designs have received Approval in Principle from class society DNV to operate with ammonia-fuelled engines and they can incorporate an offshore charging capable plug-in hybrid option…

13 Jun 2022

Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector

Copyright Igor Kardasov/AdobeStock

Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion of Ukraine. As a result, activity and business sentiment in the floating production sector has seldom been stronger.”  This increased activity in the floating production…

19 Apr 2022

KOTUG to Buy Seaways International

Credit: KOTUG

Dutch marine services and towage company KOTUG has agreed to buy offshore support vessel firm Seaways International, in what is the largest acquisition in KOTUG's history.KOTUG said the move, of an undisclosed value, was part of its strategy to expand its business in assisting worldwide floating facilities such as FSO, FPSO, FLNG, FSRU, and SPM Terminals. "In addition, it will further consolidate the position of KOTUG in this niche market that is expected to grow as new offshore floating projects emerge in response to rising energy demand…

18 Mar 2022

Consolidation is King – Tidewater and Swire Pacific Offshore

©evannovostro/AdobeStock

Tongues are wagging in the offshore sector, as one of the longest-running rumors in the market has finally come true. U.S. offshore vessel owner Tidewater Marine has acquired Singapore's Swire Pacific Offshore for USD 190 million, the company’s biggest powerplay since its acquisition of GulfMark Offshore back in 2018.But why SPO, and why now? In this article, VesselsValue's Head of Offshore, Rob Day, seeks to answer these questions and provide commentary on why this long-time…

15 Jul 2021

VIDEO: Boskalis Delivers Final Turbine for Kincardine Floating Wind Farm

Dutch marine and offshore services provider Boskalis said this week it has completed the installation of the fifth and final floating wind turbine at the Kincardine floating wind farm off the UK, currently the world's largest floating wind farm."Last week we successfully connected the fifth and last floating wind turbine to the pre-installed mooring spread in the field offshore Aberdeen," the company said in a social media post on Thursday."This marks the finalization of an impressive transport and installation project within the emerging floating wind industry.

01 Mar 2021

MARKET: Why Don’t OSVs Get Scrapped?

Offshore Supply Vessel (Credit: STOCKSTUDIO/AdobeStock)

The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization. As well as a lack of newbuild activity, that rationalization will have to include unprecedented levels of scrapping in a market which has historically witnessed only limited levels of attrition.That limited level of attrition has several deep-seated roots…

30 Oct 2019

Seafast Marine Names New RSV

Seafast Marine has named its renewables service vessel (RSV) Isle of Jura at Damen Shipyards Hardinxveld in The Netherlands.Isle of Jura is a newbuild vessel, constructed at Damen Shipyards Hardinxveld, and is the second vessel built to a new Damen Renewables Service Vessel design.The RSV, according to Seafast Marine, is for use in the offshore and onshore wind industries. As a business based in Ross-shire in Scotland, Seafast Marine was happy to see it painted in the colors of the country’s Saint Andrew's flag.The Damen RSV 3315, evolved from the Multi Cat, is a powerful multi-purpose working vessel, designed to work in shallow as well as deeper waters. It features four azimuth thrusters, a DP2 4-point mooring system, two large cranes, hydraulic shark jaws and an AHT winch.

08 Apr 2019

OSV Market: Which Way is Up?

OSV "THUNDER" owned by Jackson Offshore serving floater "DEEPWATER CONQUERER"
Source: Jackson Offshore

Any analysis of markets for offshore service vessels (OSV) usually begins with analogies to rough weather, best of times/worst of times or similar. OSV expert Seabrokers, with a home base in Stavanger, Norway, in the February edition of its Seabreeze market report follows this convention with a description of the “feast or famine” conditions in the North Sea. Recent day rate action highlights the localized nature of markets for anchor handlers (AHT), platform supply vessels (PSVs) and similar equipment…

22 Mar 2019

OP/ED: The Capital Construction Fund

Tom Escher, owner, Red and White Fleet

How to make the Capital Construction Fund work for all vessel owners and operators.The Red and White Fleet is a passenger vessel operator on San Francisco bay with roots back to 1892. We make no secret of the fact that we want to build new vessels with zero environmental signatures, all in an effort to increase employment for shipyard workers, provide new jobs for US mariners, and provide a training ground to support the growth of the U.S. flag deep sea ships. That mission is, today, unnecessarily difficult. The reasons why are easy to see.Not too long ago, H.

18 Oct 2018

Steelhead LNG Files Kwispaa Project Description

Kwispaa LNG has entered the next phase of project development with the submission of the Project Description to the British Columbia Environmental Assessment Office and Canadian Environmental Assessment Agency.The Project Description provides a comprehensive overview of Kwispaa LNG and represents the culmination of several years of engagement and planning, the results of which have been integrated into ongoing environmental studies and engineering work.Unique among Canadian LNG projects, Kwispaa LNG is being developed through a co-management relationship between Steelhead LNG and Huu-ay-aht First Nations. As part of this collaborative approach…

19 Sep 2018

Kwispaa LNG Signs FEED Contract of Two At-Shore LNG Hulls

Representatives from Steelhead LNG, Huu-ay-aht First Nations, Hyundai Heavy Industries and the B.C. Provincial government at Gastech 2018 in Barcelona, Spain.  (Photo: Steelhead LNG)

The Kwispaa LNG Project achieved a significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.This follows the recent Invitation to Tender to shortlisted EPC (engineering, procurement, and construction) contractors for the FEED work on the At-Shore LNG topsides, marine facilities, pre-treatment, and balance of onshore plant facilities. EPC contractor tenderers include Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.…

11 Jul 2018

Multraship Continues Fleet Growth

(Photo: Multraship)

Towage and salvage specialist Multraship says it is continuing to grow its fleet with a number of new additions to its varied range of vessels.On July 7, the 453-gt firefighting tug Multratug 31 was christened at Terneuzen in the Netherlands. The 83-ton bollard-pull vessel was delivered in 2017.Multraship managing director, Leendert Muller, said, “We are operating in a highly competitive market, employing all our resources across a wide range of different sectors. Indeed, we have been so busy that even our christenings are a little behindhand.”In April…

29 Jan 2018

Gulf Navigation to Acquire Atlantic Navigation

Dubai-based Gulf Navigation Holding PJSC (GulfNav) is in discussions to acquire a majority stake in Singapore-based Atlantic Navigation Holdings, a provider of offshore marine logistic services. Atlantic is an integrated offshore supply operation engaged in the provisioning of marine logistic services, ship repair, fabrication and other marine services. It operates out of the UAE serving primarily customers in the Middle East and India. Atlantic is an offshore marine logistic services group listed on the Singapore Stock with total assets of $177m. Gulf Navigation is in discussion with major oil companies in the Gulf Region to provide key project solution and offshore services.

20 Dec 2017

Marine News' Top 10 Stories of 2017

Plucked from the headlines, the top stories of 2017 were compelling, and each provided impact to the domestic waterfront and in particular – the workboat sector. Follow along as Marine News recaps the highlights, drama and significant events that shaped the past 12 months. When Elaine Chao was sworn in to be the U.S. Secretary of Transportation, the Washington veteran brought a welcome burst of competence to the position. Her wide-ranging experience across the maritime sector and prior service at the U.S. Department of Transportation, Maritime Administration, and the Federal Maritime Commission uniquely positions her to understand the critical role that the waterfront plays in the intermodal equation. Soon after taking her chair, she was joined by another familiar face at Marad. Rear Adm.

12 Oct 2017

Market Snapshot: Offshore Outlook

(Source: Vessels Value)

Notwithstanding the recent surge in crude oil prices, it isn’t lost on anyone that the offshore oil exploration business is, and has been for some time, in the doldrums. In the U.S. Gulf, that pain can be seen through Chapter 11 filings and the sobering specter of vessel after vessel rolling off the shipyard ways and directly into cold iron layup. And, it doesn’t help that the shore-based shale drillers have not only found a way to drastically reduce their operating expenses, but also how to turn the valve off and on, seemingly at will, in response to market conditions.

01 Aug 2017

28% of Offshore Vessels Currently Laid Up

© Björn Wylezich / Adobe Stock

Using VesselsValue's Offshore mapping service VV, Senior Offshore Analyst Charlie Hockless has put togther a snapshot showing the percentage of the offshore fleet currently laid up. Across all offshore types, 28 percent of the fleet is currently laid up. PSVs top the table, with 36 percent currently laid up. Hockless explained the definition of laid up used in this context: “Estimating the number of vessels in lay-up is an imperfect science. However, using a big data approach VesselsValue can provide a valid estimation using the following methodology.

14 Jun 2017

MAN Diesel & Turbo Tallies Chinese Dredger Contracts

The MAN 32/44CR engine, ordered as a 12V version for Huanghua Port Bureau (Photo: MAN Diesel & Turbo)

Over a period of four months, MAN Diesel & Turbo has won contracts for four Chinese dredger newbuildings. Chinese outfits CHECD, Jiangsu Haixin and Huanghua Port Bureau recently chose MAN medium-speed engines for trailing suction hopper dredger (TSHD) newbuildings. CHEC Dredging Company Ltd. (CHECD) – a subsidiary of CCCC Shanghai Dredging Company Ltd., a branch of CCCC Dredging Company Ltd. (CDC), one of the leading dredging companies in the world and the largest in China – chose complete propulsion packages from MAN Diesel & Turbo for their new 2 × 6,500 m3 TSHDs.

08 Mar 2017

Record Number of OSVs to Be Delivered in 2017

© panalot / Adobe Stock

Vessel oversupply will continue to plague the offshore industry this year as a record total of 465 offshore support vessels (OSV) are expected to be delivered in 2017, according to VesselsValue. Beginning with the drop in oil prices and then lower demand for offshore research projects, the offshore industry is struggling with historically low asset prices, while many offshore vessel owners around the world have been led to bankruptcy. Now as the industry faces a large amount of vessel oversupply…

11 May 2016

Emas Reels in $32m Contract

Singapore-listed offshore firm EMAS Offshore Limited wins $32m of new business  has secured new awards and letter of intents for charters amounting to approximately US$32 million, including options. These new charters will see EMAS Offshore’s Anchor Handling Tug (AHT), Anchor Handling Tug and Supply (AHTS) and Platform Supply (PSV) vessels supporting National Oil companies (NOCs), International Oil companies (IOCs) and other offshore contractors on drilling operations and cargo supply runs for offshore oil field projects in their production phases. Concentrated in Malaysia, Thailand, Myanmar and Vietnam, these contracts also comprise of awards from the West Africa region.

23 Nov 2015

P&O Maritime Rebranded Repasa

P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry. P&O Repasa will become the official brand of the joint venture which has expanded its fleet in the offshore towage market from 8 vessels to 14 in the last year while creating a permanent offshore service hub in Equatorial Guinea in West Africa. P&O Repasa has also won a long-term contract with Marathon Oil in the United States to expand its offshore marine services at the Alba Field, Equatorial Guinea. In addition to the existing fleet of 7 tugs deployed at the LNG production facility, P&O Repasa will provide two Fast Support Vessels (FSV’s) to enable crew changes, field supply and platform standby activities..

08 Oct 2015

MAN 32/44CR Engine for Trawler Newbuild

Image: MAN Diesel & Turbo

Voyager Fishing Company, Ltd., based in Kilkeel, Northern Ireland, has ordered a new trawler/purse seiner, designed by Salt Ship Design in Norway and to be built at Karstensens Skipsværft in Skagen, Denmark. The newbuilding will be powered by a propulsion package comprising a MAN 12V32/44CR main engine, a 4,400-mm ø MAN Alpha VBS 1100 propeller, a two-speed RENK Type RSVL1000 gearbox, and an Alphatronic AT3000 remote control system. Vessel delivery is scheduled for August 2017.

05 Aug 2015

Van Oord Orders Two New Dredgers

Graphical representation of the new hopper-suction dredger (courtesy Van Oord)

Rotterdam-based dredging and marine contractor Van Oord has recently ordered two trailing-suction hopper dredgers as part of its continuous investment program. The vessels will be constructed at CNN LaNaval Shipyard in Sestao, Spain with delivery dates scheduled for 2017. Each vessel will feature a complete MAN Diesel & Turbo propulsion package with MAN 6L48/60CR engines, RENK gearboxes with PTO, MAN Alpha CP Propeller systems, AHT (Alpha High Thrust) Propeller nozzles and MAN Alpha AT3000 propulsion-control systems.