Security Strengthened with New Escort Vessel
SeaHold GEOSHIPS Ltd’s subsidiary company Brooking Shipping Limited (BSL), has been awarded a contract for an escort vessel which is anticipated to generate £1.9million each year. This is the first contract BSL has been awarded since being acquired by the shipping and marine contractor, GEOSHIPS. BSL, the marine division of GEOSHIPS, has been appointed the escort vessel contract by Mercator International Limited, for the technical and crew management of the new build 36m vessel, Express Opportune.
GEOSHIPS Acquisition, Doubling of Staff
Aberdeen-based SeaHold GEOSHIPS Limited (GEOSHIPS) has announced the acquisition of marine management services company Brooklyn Shipping Ltd (BSL). The acquisition is expected to lead to BSL’s staff numbers more than doubling to 80 this year and also contribute to a significant increase in GEOSHIPS’ pre-tax earnings on its projected turnover of nearly £50million for 2012. Formed in 2003, GEOSHIPS has a strong focus on offshore renewable energy projects, whilst also being able to offer services in support of subsea oil and gas related projects. It chartered its first multi-purpose offshore vessel, the Stril Explorer, from Mokster A/S until 31st August 2012 to support the growing offshore renewable energy market and the subsea sector.
