Light Construction News

Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side, where everyone is trying to position themselves for the impeding market boom.Please note that vessel definitions and abbreviations in this part of our industry can vary…

Lockport, La. based Bordelon Marine announced it has renewed the charter agreement with Oceaneering International for the Brandon Bordelon; 260-foot-long DP2 Jones Act compliant ultra-light intervention vessel for an additional two-year firm term plus one-year additional option. The charter agreement renewal commenced in March 2024.The 2015-built vessel is mobilized with two Oceaneering Millennium Plus work class remotely operated vehicles (ROV) and Oceaneering survey equipment and technology.

Norwegian offshore vessel owner Siem Offshore has been awarded a contract extension for the multi-purpose support vessel (MPSV) Siem Dorado.According to Siem Offshore, the extension secures the utilization of Siem Dorado MPSV for a period reaching towards the end of the fourth quarter in 2024.The contract is expected to start in direct continuation of the current contract with continued operations expected outside the North Sea.The Siem Dorado is a 2009-built diesel electric-driven vessel.

Ocean services provider DeepOcean has agreed to charter a converted, battery-powered vessel to further enhance its subsea offering to the offshore renewables and oil and gas industries.DeepOcean has entered into a long-time charter agreement for the Island Condor – to be renamed Island Ocean multi-purpose support vessel (MPSV) – following conversion and upgrade.The vessel has been chartered from Norwegian shipowner Island Offshore., with the contract starting in the third quarter of 2024.

Norwegian-registered Hercules Supply has placed an order for a new multipurpose offshore support vessel (MPSV) from Chinese shipyard Fujian Mawei.Slated for delivery on in the fourth quarter of 2025, the newbuild—a Z 4423 MPSV design from Norwegian naval architecture firm Breeze Ship Design—will be 88 meters long and fitted with battery hybrid propulsion, moonpoool and accommodation for 60 people."With a focus on functionality and efficiency, this design provides flexibility to perform tasks within different offshore segments…

DOF Group announced it has struck a deal to charter a Jones Act-compliant offshore support vessel (OSV) for work in the U.S. Gulf of Mexico.The Norwegian-based company said it is time chartering Bordelon Marine's ultra light intervention vessel Connor Bordelon for a one-year period starting in March 2024. The deal includes an option for an additional year.Built by Bordelon Marine Shipbuilders in 2013, the 257-foot-long DP2 vessel is equipped with a SMST 60-ton active heave compensated (AHC) crane with 3,000 meters water depth capabilities.

Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) has welcomed back Lucas Cribley as its new business development manager.During his more than 20-year career, Cribley worked as the program manager and first employee in a joint venture start-up between ECO and FMC Technologies, in which he secured and managed major Inspection, Maintenance, & Repair (IMR), light construction, and Riserless Light Well Intervention (RWLI) projects. As a senior manager at TechnipFMC, Cribley…

Norwegian offshore vessel owner Siem Offshore has been awarded a contract extension for the multi-purpose support vessel Siem Dorado.The contract extension secures utilization for a period reaching towards the end of Q2 2024.The contract is expected to start in direct continuation of the current contract with continued operations expected outside the North Sea.Built in 2009, the Siem Dorado is a diesel electric-driven vessel. It is designed to meet the general offshore supply market with its 100-ton compensated offshore crane, designed for ROV and light construction duties.

A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types, which to an increasing degree have found themselves in hot demand from both oil and gas developments as well as offshore wind activities.While vessel definitions and abbreviations in this space can vary…

Subsea services firm DeepOcean has taken the Olympic Ares multi-purpose support vessel (MPSV) on a two-year charter. The vessel is owned by the Norwegian shipowner Olympic Subsea.The vessel is a modern construction support vessel equipped with a 250 Te crane. It will provide subsea inspection, maintenance, and repair (IMR), light construction, and recycling services to DeepOcean’s clients in the offshore renewables and oil and gas industries.Øyvind Mikaelsen, CEO of DeepOcean…

The Norwegian offshore vessel owner Siem Offshore has entered into a one-year firm contract plus options for the multi-purpose support vessel Siem Dorado with an undisclosed client. The contract will start in direct continuation of the current contract, and operations are expected to be primarily outside the North Sea.Built in 2009, the Siem Dorado is a diesel electric-driven vessel. It is designed to meet the general offshore supply market with its 100-ton compensated offshore crane, designed for ROV and light construction duties.

Norway-based offshore energy industry services firm Cecon Contracting AS said Thursday that it had, with its partners, recently entered into an agreement for the construction of a methanol- and battery-powered cable installation vessel. The vessel, which will be delivered from Sefine Shipyard in Turkey in the first quarter of 2025, is designed by NSK Ship Design together with Cecon’s engineering team, Cecon said. No details were shared on the order value."One of the main design…

Edison Chouest Offshore (ECO) affiliate C-Innovation, (C-I) on Wednesday announced it has signed a multi-year contract with a major operator in the Gulf of Mexico, securing the C-Constructor to support the New Well Delivery Program and the Holiday for inspection, repair and maintenance (IRM) services.The C-Constructor and Holiday are both light construction vessels equipped with 150 MT subsea cranes and two Schilling UHD work class ROVs each. The C-Constructor will support the New…

Subsea services company DOF Subsea said Friday it had won multiple contracts in the U.S. Gulf of Mexico. The company has received a contract award for the provision of services to "a major operator" in the Gulf of Mexico, starting in the fourth quarter of 2022.

Subsea 7 has signed four long-term vessel charter agreements in the Gulf of Mexico with Otto Candies and Bordelon Marine to boost offshore construction, inspection, maintenance, and repair (IRM), ROV survey, and pipe/umbilical laying support activities. in the Gulf of Mexico. Grant Candies, Wyatt Candies, and Ross Candies are IRM, survey, and light construction vessels under charter with Otto Candies LLC. The Connor Bordelon is a multipurpose supply vessel under charter with Bordelon Marine LLC. The contracts have differing start dates and durations, with options for extensions.

Subsea service provider Reach Subsea has chartered Volstad Maritime's offshore construction vessel Deep Cygnus for four years, with an option to extend for one year.The vessel will be equipped with launch and recovery systems (LARS) and ROVs before the delivery to Reach Subsea.Reach will mobilize the 122-meter vessel during February/March 2023 and use the vessel on its own projects within IMR (inspection maintenance and repair) and light construction within the oil & gas and renewables sectors. The financial details of the deal were not disclosed."This subsea spread is well suited for our core focus markets and has a good fit with the tenders we currently have outstanding…

U.S. based offshore vessel owner Bordelon Marine LLC said it has renewed the charter agreement with Oceaneering International, Inc. for the MV Brandon Bordelon; 260’ DP2 Jones-Act-compliant ultra-light intervention vessel for an additional two-year firm term.The charter agreement renewal commenced in February 2022. The vessel is currently oprtating in the U.S. Gulf of Mexico, according to AIS ship tracking data.The vessel is mobilized with two Oceaneering Millennium Plus work class remotely operated underwater vehicles (ROV) and Oceaneering survey equipment and technology.

U.S.-based seabed survey and ocean exploration firm Ocean Infinity has hired VARD to design and build a new series of six multi-purpose offshore vessels that will all be operated from shore and will eventually run on green ammonia.This order of six, 85-metre, optionally crewed robotic vessels will take Ocean Infinity’s remote vessel fleet to 23 vessels, which the company says is the largest in the world. To remind, Ocean Infinity in early 2020 said it would launch a new marine technology and data company Armada…

Norway-based offshore vessel owner DOF Subsea has secured a contract extension for the Skandi Acergy construction support vessel. It has also won a new contract in Trinidad and Tobago for the Skandi Constructor vessel.For the Skandi Acergy, DOF said Friday that "a key renewables client" had awarded an extension to an ongoing subsea construction contract in the North Sea."In direct continuation of the ongoing project, Skandi Acergy shall be further utilized up to 169 vessel days," DOF Subsea said, without sharing the identity of the client. According to MarineTraffic data, the vessel was recently en route to the Neart na Gaoithe (NnG) offshore wind farm site…

Norwegian offshore vessel owner Siem Offshore has secured another offshore wind contract for its multi-purpose support vessel Siem Dorado.According to Siem Offshore, the new contract has already started and will keep the vessel utilized into the first quarter of 2022. This contract covers the subsea development phase for a new offshore wind farm. The company didn't say who the client was.This is the second contract award for the Siem Dorado vessel announced by Siem Offshore this month.On November 11…

Siem Offshore has won a contract for its multi-purpose support vessel Siem Dorado in the offshore wind market.The Norwegian vessel owner said the up to 210 days firm contract plus options, was with an undisclosed international client.The contract is set to begin for commencement during the first quarter of 2022. The scope of work covers the subsea development part for a new offshore wind farm.Built in 2009, the 93.6 meters long Siem Dorado is a diesel-electric driven vessel. It features a 100 T heave compensated offshore crane…

Subsea services firm Reach Subsea has awarded a contract extension for Havila Shipping's Havila Subsea IMR, survey, and construction vessel.The contract is for a fixed period of two years and three months starting October 1, 2021, ending December 31, 2023.Reach Subsea has the option to extend the contract by one year until December 31, 2024. According to available info, Havila Subsea is suitable for launch and recovery operations with ROVs, ROTVs, AUVs, and geotechnical equipment. "The commercial terms of the charter agreement are confidential between the parties. The vessel is already mobilized and part of our marketed fleet," Reach Subsea said on Wednesday.Reach Subsea CEO Jostein Alendal: "We are experiencing positive market development across our segments…

Norway-based offshore support vessel firm Solstad Offshore has won a charter deal for its construction support vessel Normand Jarstein.The contract is with the subsea services firm DeepOcean AS.The Normand Jarstein vessel (ex-Rem Pioneer) will support DeepOcean`s IMR, light construction, offshore renewables, and recycling projects, Solstad Offshore said. The company, as usual, did not share any financial details. AIS data from VesselsValue shows the Normand Jarstein is en route to the Dunlin area in the UK North Sea.According to Solstad…