DOF Scoops $480M in New Vessel Contracts with Petrobras

Norwegian offshore supply vessel owner DOF Group has secured four long-term charter and service contracts with Petrobras for its anchor handling tug supply (AHTS) vessels, worth approximately $480 million.As part of the new contracts, Skandi Iguaçu, one of the biggest AHTS vessels ever built in Brazil with over 350 mt bollard pull (BP) and large winch storage capacity has been contracted for four years with expected start in February 2026 in sequence with its current contract.Furthermore…
Akastor Cancels $25M Sale of Skandi Peregrino AHTS Vessel

Akastor’s fully-owned subsidiary DDW Offshore has canceled the sale of Skandi Peregrino anchor handling tug supply (AHTS) vessel.The agreement to sell Skandi Peregrino AHTS, first announced in early March 2025, was conditional on charterer's consent.At the time, Akastor reported the purchase price was $25 million by an unnamed buyer, with the agreement expected to be completed in the second quarter of 2025.Since the charterer has not accepted to novate the relevant contract on the vessel…
Solstad’s AHTS Vessel Set for Petrobras Job

Norwegian offshore vessel owner Solstad Offshore has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, subject to board approval, is scheduled to begin in February 2026.The current contract for Normand Turquesa has been extended by nine months and runs until start of new contract.According to Solstad, the vessel will now be fully committed until February 2030.Normand Turquesa AHTS is of UT 722 L design, built in 2007. The Vessel is 80.4 meters long with the breadth of 18 meters.
Solstad Offshore Secures Petrobras Contracts for Three Vessels

Norwegian offshore vessel operator Solstad Offshore has secured multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV).The AHTS vessels have been awarded new contracts with a duration of four years each, whereof one of the contracts includes ROV services.The contracts are set to start in the first quarter of 2026 and will be covered by two AHTSs from the global Solstad Maritime fleet.The CSV Normand Flower…
DOF Hooks FPSO Installation Job Off Africa

Norwegian offshore supply vessel operator DOF Group has secured a contract for the installation of a floating, production, storage and offloading (FPSO) unit from an undisclosed client offshore Africa.DOF will deliver project management, engineering, logistical services and offshore execution.The contract value has been deemed ‘significant’ by DOF, which means its value is between $15 million and $25 million.To carry out the installation duties, DOF plans to utilize two of its…
Akastor Sells Skandi Peregrino AHTS Vessel for $25M

Akastor, through its fully-owned subsidiary DDW Offshore, has entered into a binding agreement to sell Skandi Peregrino anchor handling tug supply (AHTS) vessel.Skandi Peregrino AHTS has been sold for the purchase price of $25 million to an unnamed buyer.The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.The agreement is expected to be completed in the second quarter of 2025 whereby about $10 million of…
Green Yard Kleven to Refit Oceanica’s AHTS Vessel with ROV Upgrade

Green Yard Kleven and the Brazilian shipowner Oceanica have signed a contract to convert the vessel Oceanicasub XVII from an Anchor Handling Tug Supply (AHTS) vessel to a ship capable of performing Remote Operated Vehicle (ROV) operations.Oceanicasub XVII will be equipped with mezzanine decks for ROV equipment, extended crew capacity, and areas for charterers. At the same time, the ship will undergo a general upgrade and class re-approval.The UT712L anchor handler vessel was originally delivered from Green Yard Kleven as B313 back in 2007 under the name Rem Balder.
Solstad Offshore Scoops Multiple Vessel Contracts

Norwegian offshore vessel owner Solstad Offshore has secured contracts with undisclosed clients for three of its offshore support vessels.The vessels that have been hired are Normand Jarstein, Normand Australis, and Normand Scorpion.Normand Jarstein construction support vessel (CSV) has been awarded a 135 days firm plus option contract for providing subsea support and services, partnering with Omega Subsea. The vessel will operate in West Africa, with the start in March 2025.Normand Australis CSV has been awarded a 200 days firm plus 90 days option contract for a renewable energy project.
Petrofac Extends Stay for DDW Offshore’s Skandi Emerald AHTS

Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14, 2025.To remind, Petrofac already extended the contract for Skandi Emerald AHTS in January 2024, following the original one-year contract the companies signed in September 2022.Skandi Emerald AHTS Set for Petrofac’s Northern Endeavour FPSO JobAt the time…
Solstad Offshore Nets $60M in New Vessel Contracts

Norwegian offshore vessel owner Solstad Offshore has secured multiple new contracts and contract extensions, whose combined value is $60 million.Solstad secured one new contract, and one contract extension from Petrobras, for work offshore Brazil.Namely, Petrobras awarded an 18-month firm contract for the construction support vessel (CSV) Normand Valiant. The start of the contract is scheduled for February 2025 in direct continuation of current contract.Solastad also secured a contract extension for its anchor handling tug supply (AHTS) vessel Normand Sagaris…
Solstad Offshore Scoops $54M in New Vessel Contracts in Brazil

Norwegian offshore vessel owner Solstad Offshore has secured multiple contract awards with clients in Brazil for two of its anchor handling tug supply (AHTS) vessels and one construction support vessel (CSV).Solstad’s Normand Topazio and Normand Turmalina AHTS vessels have been awarded one-year contracts each, starting in October and November 2024, respectively. Both awards are in direct continuation of current contracts.Also, Normand Cutter CSV has been awarded a 9-month contract…
UAE Operator’s AHTS Gets New Thordon Bearings in Offshore Replacement Op

Bronze bearings in the stern roller of the Anchor Handling Tug Supply (AHTS) Vessel ES Kestrel have been replaced with grease-free SXL bearings from Thordon Bearings while the vessel remained afloat and operational.The replacement was undertaken in May 2024 by Thordon’s Dubai-based distributor Ocean Power International (OPI) for the AHTS owner Echo Cargo & Shipping of U.A.E.While typically checked during routine drydocking, the vessel’s stern roller was experiencing turning issues during operation.
Sea1 Offshore Secures Work for AHTS Fleet in Australia

Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel.No additional details have been revealed, but Sea1 Offshore said the vessels will be servicing a consortium of local operators with various drilling and decommissioning projects.One of the vessels will be from Viking Supply Ships, which entered into agreement with Sea1 Offshore in August 2024 to outsource the m
DOF Group Wins Multiple Deals with Petrobras in Brazil

Norwegian offshore supply vessel company DOF Group has secured multiple contracts with Petrobras for work offshore Brazil.AHTS Skandi Jupiter and AHTS Skandi Mercury, both under management contracts with DOF, have been contracted by Petrobras to operate as AHTS 230t BP after the same competitive tender process earlier this year that led to the contract of Skandi Amazonas, Skandi Rio and Skandi Botafogo.Both Skandi Jupiter and Skandi Mercury are currently operating in the North…
DOF Scoops Two Vessel Contracts with Petrobras

Norwegian offshore vessel operator DOF Group has secured two long-term contracts with Petrobras for its Pipelay Support Vessel (PLSV) and the Anchor Handling Support vessel (AHTS).The Brazilian built and flagged PLSV Skandi Niterói is awarded a three-year firm plus option contract, starting in 2025. The vessel is owned by DOFCON Navegação, a joint venture between DOF Subsea (50%) and TechnipFMC (50%).Built in 2011, the vessel is of STX OSCV 06 design. It is 142.2 meter long, with the breadth of 27 meter…
Petrobras Charters DOF Offshore Vessel Trio
Norwegian offshore vessel operator DOF has secured long-term charters for a trio of anchor handling units with Petrobras in Brazil.DOF said Tuesday Petrobras had awarded its Skandi Urca and Skandi Fluminense vessels 2+2 year contracts with the start in September 2020.Also, Petrobras has hired the Skandi Paraty vessel for a one-year contract that has already started this month,." All vessels are Brazilian built AHTS vessels and all equipped with Work Class ROV's for operations down to 3.000m water depth," DOF said.The vessels, to be used by Petrobras in support of exploration and production activities in Brazil, are owned and operated by DOF's Brazilian subsidiary Norskan and DOF Subsea Brasil will be responsible for the ROV operations on the vessels.Worth noting…
Maersk Supply Service Sells Two 2004-built AHTS Vessels

Danish offshore vessel operator Maersk Supply Service has sold two of its older Anchor Handler Tug Supply Vessels (AHTS), citing the global oversupply in the market and the current market situation.The vessels in question are the Maersk Advancer and Maersk Asserter. Both vessels were built in Germany in 2004.Chief Commercial Officer of Maersk Supply Service Carsten Gram Haagensen: "As a response to the recent downturn in the oil and gas industry, we have re-evaluated our fleet composition and future fleet deployment.
Solstad Offshore Secures Contract Extensions for Three Vessels

The Norwegian offshore vessel owner Solstad Offshore has secured contract extensions for three of its offshore vessels.Equinor has declared the last contractual yearly option for the AHTS “Normand Ferking”. With the declaration of this option, “Normand Ferking” is now firm until November 2024. The vessel is currently in the port of Slovag, Norway.Subsea 7 has exercised the 2024 Optional Charter Period for the CSV “Normand Subsea”. The contract is now firm until December 31, 2024. Subsea 7 has the option to extend the contract for another year.
Solstad Offshore Scoops $240M in Contracts with Petrobras

Norwegian offshore vessel owner Solstad Offshore has secured multiple contracts with Petrobras, whose combined value is approximately $240 million (NOK 2.6 billion).The contracts are scheduled to start in the second half of 2024 and first half of 2025.Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and two anchor handling tug supply (AHTS) vessels Normand Sagaris and Normand Ferking, all owned by Solstad Maritime, in which Solstad Offshore holds…
Solstad Scoops $7M for Two AHTS Vessels

Norwegian vessel owner Solstad Offshore has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018.Fars Sound is a 2007-built AHTS, with the length of 78.1 meters and of UT 712 L design.Far Scimitar is of the same design, with 78.3 length. It was built in 2008.The sale was made through Solstad Reder, a wholly owned subsidiary of Solstad Maritime Holding.Delivery of the vessels to the new owner took place on February 23, 2024.
Subsea Vessel Market is Full Steam Ahead

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…
DOF to Manage AHTS Duo Previously Owned by Havila Shipping

Norwegian offshore vessel owner Havila Shipping said Monday it had sold the platform supply vessel Havila Commander and the AHTS vessels Havila Jupiter and Havila Venus, following demands from lenders.A day later, Norway-based offshore vessel operator DOF announced the expansion of the fleet "with the addition of the high end AHTS Skandi Jupiter and Skandi Mercury, formerly known as the Havila Jupiter and Havila Venus respectively.""DOF are proud to be selected by the vessel’s new owners to be commercial and technical managers of these advanced offshore support vessels which will add to…
Will 2024 be the Year of AHTS Recovery?

As 2023 is drawing to a close we would once again invite the readers of Offshore Engineer Magazine to gaze into our crystal ball to see what 2024 might have in store for the offshore support vessel industry. Before diving straight into our forward-looking sentiments however, it is important to address some of the main trends in the year that past as these lay the foundation for the year to come.Continuing the market development from the year before, 2023 very much advanced the ongoing recovery for offshore support vessels further.