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Support Vessels

Global OSV Market Report 2013-2018 Released

Research and Markets has announced the addition of the "Global Offshore Support Vessel Market Report 2013-2018" report to their offering, with excerpts from the prospectus as follows: This market is dependent on offshore exploration and production activities, which is one of the key driving factors. Any fluctuation in the offshore industry or in the oil and gas market is completely reflected in the offshore support vessel market. Offshore support vessel manufacturers are focusing on R&D in order to develop new and improved vessels for offshore platforms, which offer more distinguished and revolutionary features such as Dynamic positioning (DP) with better efficiency and navigational ability. Expansion and mergers and acquisitions into new and emerging markets such as APAC, North-West Europe, and South America will continue to be the key for success for offshore support vessel manufacturers and managers to increase their overall sales and revenue. Tidewater (U.S.) is one of the key players in the offshore support vessel market. It holds significant share of the market, followed by Edison Chouest (U.S.) and Seacor Marine (U.S.). The market is mostly fragmented with a large number of small support vessel companies. For this report, the major players in the market are identified through secondary and primary research, based on which their market shares are evaluated


Bharati Shipyard to Build Offshore Vessel for Great Offshore

According to the Hindu, Bharati Shipyard will construct and supply an offshore support vessel to integrated offshore oilfield services provider Great Offshore for $64.8m. The vessel, which has a diesel electric propulsion system with 5 generators of a total power of 10,500 KW, is fully-equipped to support diving/sub sea operations. The above contract is in lieu of a contract dated March 24 for one multipurpose offshore support vessel valued at $17.4m ordered by Great Offshore.


ABS Offers Guidance For New Generation OSVs

The ABS classed “Posh Champion” is an example of the growing sophistication in this vessel type featuring high horsepower and strong bollard pull rating, dynamic position system (DPS-2) with a rail mounted crane which can move fore and aft to service the workdeck. The class notation for this unit is A1, Towing Vessel, Fire Fighting Vessel Class 1, Offshore Support Vessel AH, , AMS, ACCU, DPS-2, ES2020 . (Photo courtesy of POSH Semco Pte Ltd.)

Increased sophistication within the offshore support vessel (OSV) market has prompted classification society ABS to develop standalone guidance for these more specialized yet multi-functional vessels. Newly developed criteria and relevant existing Rule requirements have been consolidated into the ABS Guide for Building and Classing Offshore Support Vessels.    ABS classes approximately one-third of the worldwide OSV fleet and in the past had reviewed these specialized vessels by


Fairmount Fuji Assists Octomar Dive Team

Fuji&octomar1.JPG

Fairmount Marine’s multipurpose support vessel Fairmount Fuji has supported Angolan maritime service provider Octomar Serviços Maritimos in underwater maintenance of the drilling rig Transocean Rather.   The Fairmount Fuji hosted and assisted a diving team of Octomar during the six weeks job offshore Angola. The Fairmount Fuji is a multipurpose support vessel with a spacious aft deck of 280 square meters and with towing capabilities


Wärtsilä to Provide Harvey Gulf Vessels Integrated Package

Offshore Enviro Vessels: Photo courtesy of Wärtsilä

Wärtsilä has been awarded a contract by Eastern Shipbuilding Group, of Panama City, Florida to supply an integrated solution for a new multipurpose support vessel (MPSV) for Harvey Gulf International Marine of New Orleans. This offshore vessel is the first in a series of three MPSVs being built for Harvey Gulf. The Wärtsilä contract includes an option for the supply of equipment to the remaining two vessels of the series.


Rederij Groen Takes Delivery of 7-Stars OSV

Photo: Damen

35-meter offshore chaser is last in series of three identical vessels   Maaskant Shipyards Stellendam delivered the offshore support vessel (OSV) 7-Stars to offshore support service provider Rederij Groen in Scheveningen, the Netherlands.   The 7-Stars will join Rederij Groen’s fleet of almost 30 vessels, which includes sister vessels of the same series 7-Oceans and 7-Seas. The three vessels, designed in close cooperation with both Rederij Groen and its customer


News: VT Halter Marine Lays Keel for LSV

VT Halter Marine Inc. began the construction of the U.S. Army Tank-automotive and Armament Command's (TACOM) newest Logistic Support Vessel (LSV), marked by a keel laying ceremony at the yard. "Our employees have first-hand experience in designing and building Logistic Support Vessels, Large Tugs and LCU-2000 Class Landing Craft that are specifically tailored to operational requirements," said Butch King, CEO of VT Halter Marine. "The U.S


Harvey Gulf Acquires Bee Mar's Assets

HG_Acquisition.jpg

Harvey Gulf International Marine’s CEO, Shane Guidry, announced that, on June 4, 2012, Harvey Gulf signed an agreement with Bee Mar, LLC to purchase all of Bee Mar’s vessels and assets.   The purchase will include 10 Offshore Supply Vessels, which will increase Harvey Gulf’s fleet to a total of 32 vessels – with 24 deepwater, new generation Offshore Support Vessels and 8 deepwater towing vessels.  Upon closing, Harvey Gulf will have operations in the U.S


Strong Offshore Market Demand Prompts Swissco OSV Orders

Image courtesy of Swissco

Singapore's Swissco Holdings say they have placed orders with China shipyards for two anchor handling tug supply vessels (“AHTS”) and a fast utility/crew boat with a one plus one option. The newbuild vessels, excluding owner supplied equipment, are worth an aggregate of S$42 million. “We believe that the heightened demand for offshore support vessels will remain sustainable on the back of healthy level of activities in the robust oil and gas industry and we will continue


Technip Buys Out DOF Subsea

Skandi Arctic. Photo: The DOF Group

 The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect.    According to the company, the transaction is done at market terms and will improve the cash position for the Group.    The 18,640-gt Skandi Arctic is a diving support vessel (DSV) built in 2009 and it can accommodate 140 persons.  


Alfa Laval Sees Greater Interest in High Flow BWTS

Photo: Alfa Laval

With the International Maritime Organization (IMO) Ballast Water Management (BWM) Convention set to take effect in September, Alfa Laval said it has seen growing customer interest in ballast water treatment systems and in its PureBallast. Of particular note is interest in PureBallast systems with


Hydrex to Expand Antwerp Facility

Antwerp Port Authority has supported Hydrex Underwater Technologies’ plan to expand  (Photo: Hydrex)

Antwerp Port Authority has supported Hydrex Underwater Technologies’ plan to expand its existing 5000m² site on Asiadok on the River Scheldt with new workshops and offices.  As part of its expansion, the result of organic growth over the past two years


PLSV Skandi Búzios Begins Work off Brazil

Skandi Búzios (Photo: TechnipFMC)

Skandi Búzios, a pipelay support vessel (PLSV) owned 50/50 by a joint venture formed between TechnipFMC and DOF Subsea, has commenced an eight-year charter contract with Petróleo Brasileiro S.A. (Petrobras), as scheduled on April 13, 2017.  


Incat Crowther Designs 18m Dive Support Vessels

Photo: Incat Crowther

 Incat Crowther has announced its recent contract with Legacy Marine Group of Port Elizabeth, South Africa for the design of two new 18 meter catamaran dive support vessels to be built for Stapem Offshore for operation in the coastal waters off Angola.  


Johansen Joins EBDG Electrical Team

Erik Johansen (Photo: EBDG)

Erik Johansen joined Elliott Bay Design Group's (EBDG) New Orleans office in December 2016 bringing with him 20 years of marine electrical experience. Johansen’s expertise includes supporting offshore vessel operators with major modifications


Dive Support Vessel Delivered in Brazil

Photo: Incat Crowther

Oceanicasub V, the second of a pair of 43m Monohull Subsea Dive Support Vessels (SDSV), has been delivered for owner and operater Oceanica of Rio de Janeiro for charter by Petrobras. Oceanicasub V was constructed by Arpoador Shipyard in Guaruja’, Brazil


You know you've arrived when ...

(Image: Damen)

You order your new 227-ft. Yacht Support vessel with its own helicopter hangar. Damen, an innovator in various marine sectors, has launched Game Changer, its latest 227-ft. (70 m) Damen, Yacht Support vessel with helicopter hangar. Available for the 2017 summer season


POSH Takes Delivery of Two Singapore-built Tugs

Azistern 3270 Posh Husky  (Photo: OSD)

Two Azistern 3270 tugs designed by Offshore Ship Designers (OSD) have been delivered to their new owner, PACC Offshore Services Holdings Limited (POSH Singapore), the Asia-based international offshore support vessel operator.   Posh Husky and Posh Hardy were built at Paxocean Shipyard in


MOL Invests in Self-Elevating Platform Vessel Operator

One of the world’s largest Self-Elevating Platform vessels, the Seajacks Scylla, owned and operated by Seajacks Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation. This is a new offshore business for MOL, following FPSO(*2), FSRU (*3)


MOL to Invest in Seajacks International

One of the worlds largest Self-Elevating Platform vessels, the Seajacks Scylla, owned and operated by Seajacks. Photo: Seajacks Ltd

 Mitsui O.S.K. Lines is investing in self-elevating platform vessel operator Seajacks International Limited (Seajacks) to move into offshore business following FPSO, FSRU, Shuttle Tanker, and Subsea Support Vessel.   MOL has announced a plan to acquire a 5% share in Seajacks


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


Combination Tug & Dive Support for Peruvian Navy

Photo: Cummins

The Peruvian Navy has recently taken delivery of a well-equipped dive support vessel (DSV) from the shipyard Servicios Industriales de la Marina S.A. (SIMA). Designed in-house by the shipyard, the new 4400 HP vessel has significant towing capabilities and can act as a salvage tug.


Consolidation – A Path to Subsea Vessel Sustainability

Graphics: Subsea Vessel Operations expenditure by Sector – 2017-2021. Source: Douglas-Westwood, World Subsea Hardware & Vessel Operations Market Forecast

 In recent years, the speed with which newbuild vessels have entered the market has amplified the subsea vessel demand/supply imbalance, says a report by Douglas-Westwood London.   This has been further exacerbated by sustained low oil prices


Remote Controlled Workboats

(Image: Tuco Marine)

Tuco Marine Group has introduced remote controlled navigation systems for the ProZero Workboats, offering autonomous self-piloting vessels.    Working together with Sea Machines, Tuco Marine Group can now provide the ProZero series


DryShips Completes Common Stock Offering

File Photo: DryShips Inc

 DryShips Inc. has successfully completed the previously announced $200 million common stock offering, in which the Company raised net proceeds of $198 million, pursuant to the prospectus supplement filed on February 17, 2017.   Following the completion of the offering






 
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