Important Operator News

Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business.Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million. The transaction, first announced in March, was completed Wednesday, with all 37 platform supply vessels, primarily used for transporting essential supplies and equipment to offshore oil and gas platforms and drilling rigs, successfully delivered to Tidewater…

Austal Ships today announced a contract to build an 85 metre vehicle-passenger ferry for Greek operator Hellas Flying Dolphins (HFD). The catamaran is the fifth fast ferry HFD has ordered from Austal Ships, demonstrating ongoing confidence in Austal’s capabilities. HFD is Greece’s largest domestic ferry operator, transporting approximately 7 million passengers, 200,000 trucks and 800,000 cars every year. Due for delivery for the 2005 European summer and to be named “Highspeed 5”, the ferry will bring the total number of vessels in the HFD fleet to 24. Austal Sales and Product Development Manager Mr Glenn Williams said the contract rewarded the marketing effort the company has dedicated to the Greek market over many years.