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Offshore Energy Support Vessels News

29 Oct 2018

Seacat Services Eyes Growing Offshore Wind Market

(Photo: Seacat Services)

U.K. based offshore energy support vessel (OESV) operator Seacat Services said it has seen unprecedented growth in demand for crew transfer vessel (CTV) services across 2018 in offshore wind.The fourth quarter of 2018, is, atypically, seeing surging demand for offshore wind crew transfer, according to Seacat Services, as it reports its latest operational figures. In the month of October, transfers and charter days exceeded the sum total for 2017, closely following third quarter figures that surpassed company records to date.Seacat said it is seeing rising demand for larger…

22 Nov 2017

Connectivity for Brown Water Operations

Growing options emerge for ever-increasing data and Comms demand. In the United States alone, 625 million tons of cargo is transported along the more than 12,000 miles of commercially navigable waterways each year, moving vital commodities to and from 38 of the nation’s 50 states. The advent of subchapter M has raised the bar significantly for as many as 5,000 inland vessels, both in terms of safety and the need to document and more closely control this tonnage. At the same time, domestic coastal transport and offshore energy support vessels also face growing communications requirements.

02 May 2017

Seacat Services Launches Two Vessels

Seacat Courageous (Photo: Seacat Services)

Offshore energy support vessel (OESV) operator Seacat Services has completed its latest investment in its fleet, launching two vessels with the capacity for 24 industrial personnel – the newly-accepted Seacat Enterprise, and the upgraded Seacat Courageous. These boats are among the first wave of offshore energy support vessels to be certified under the new HS-OSC (High Speed – Offshore Service Craft) code, which now allows vessels under 500 metric tons to carry up to 60 industrial personnel.

17 Sep 2015

Hybrid Marine Power & Propulsion Conference: Program Announced

The Hybrid Marine Power & Propulsion Conference being held at the RNLI College in Poole, U.K., October 6-8, will bring together an international group of experts armed with the latest knowledge that will assist the sub IMO professional sector to understand the possibilities of utilizing hybrid systems. The aim is to identify the potential for hybrid systems for specific sectors, including diesel / electric / battery for workboats, pilot boats, survey vessels, wind farm support vessels, superyacht tenders, patrol craft, military and unmanned craft.

28 Apr 2014

BAE to Perform US Navy Repairs in Hawaii

The USS Chung-Hoon is one of nine ships covered under the Hawaii multi-ship, multi-option (MSMO) contract issued by the Naval Sea Systems Command to BAE Systems (photo credit: U.S. Navy).

BAE Systems has received a multi-ship, multi-option (MSMO) contract from the U.S. Navy to repair, maintain, and modernize nine destroyers and cruisers, either homeported in or visiting Pearl Harbor, Hawaii. The five-year contract, awarded by the Naval Sea Systems Command, includes modernization, maintenance, and repair work for the USS Chafee, USS John Paul Jones, USS Chung-Hoon, USS Hopper, USS Michael Murphy, USS O’Kane, USS Halsey, USS Milius and USS Preble. This award marks…

17 Oct 2001

Seabulk Offshore S.A. Earns ISO 9002 Certification

Seabulk International, Inc. announced that its subsidiary, Seabulk Offshore S.A., (SOSA), which is already ISM-certified, has also successfully passed the Bureau Veritas annual audit for renewal of its certification as an ISO 9002-certified company. SOSA operates a fleet of 38 offshore energy support vessels in West Africa, South America and the Caribbean. activities in the deepwater market off the coasts of Nigeria, Angola, Gabon, Equatorial Guinea, Congo and Cameroon. support vessels with a fleet of 143 workboats in nearly all of the world's major offshore markets. Two other subsidiaries -- Seabulk Towing, with 31 vessels in seven southeastern U.S. American Waterways Operators' Responsible Carrier Program, an ISM Code- equivalent safety management system for the towing industry.

25 Oct 2001

Seabulk International Posts Third Quarter Results

Seabulk International, Inc. 2001. current quarter were up 10% from $81.6 million a year ago. services business and its domestic tanker business. Revenues from Seabulk Offshore, which operates a fleet of 142 offshore energy support vessels, rose 31 percent year-over-year to $51.1 million from $39.1 million and accounted for 57 percent of total revenues. Operating income from Seabulk Offshore totaled $13.0 million, a nearly three-fold increase from $4.6 million a year ago. Utilization was 83% against 90% in the second quarter and 76% in the year-earlier quarter. quarter and 86 percent in 2000. second quarter and 85 percent a year ago. rates firmed while utilization remained steady. third quarter of 2000, when they operated an additional tanker which has since been scrapped.

05 Apr 2002

Crowley Moves ExxonMobil Concrete Island Drilling

Crowley Marine Services' Energy and Marine Services business unit has successfully moved the 312-ft. square concrete island drilling structure Orlan from Prudhoe Bay, Alaska, to Sovietskaya Gavan in the Russian Far East for Sakhalin I Project operator, Exxon Neftegas Limited (ENL), a subsidiary of Exxon Mobil Corporation. The Orlan (ex Glomar Beaufort Sea I) Concrete Island Drilling System (CIDS) was purchased from Global Marine Drilling Company and will be used for oil production as part of the Sakhalin 1 project, offshore Russia. It was moved from its stack site near Northstar Island, off Prudhoe Bay using two Crowley Sea Victory Class 7,200 bhp twin screw oceangoing tugs with more than 110 tons bollard pull each.

28 Feb 2001

Hvide Marine To Be Renamed Seabulk International

Hvide Marine Inc. reported a net loss of $9.6 million for the fourth quarter ended December 31, 2000, on revenues of 80 million. In the year-earlier period, the company had a net loss of 197 million, including charges related to its reorganization, on revenues of $76.8 million. Operating income in the fourth quarter of 2000 was 8.1 million versus an operating loss of $11.8 million in the fourth quarter of 1999. For all of 2000, the company reported a net loss of $29 million or 2.89 per diluted share on revenues of $320.5 million. In 1999, the Company had a net loss of $249.9 million on revenues of $342.2 million. Operating income in 2000 totaled $25.4 million versus an operating loss of 9.5 million in 1999.

09 Aug 2002

Seabulk International Reports 2Q Results

Seabulk International, Inc. has reported a net loss of $4.4 million or $0.41 per diluted share for the quarter ended June 30, 2002. In the year-earlier period, the company had net income of $2.7 million or $0.25 per diluted share. Revenues of $81.6 million in the current quarter were down 11 percent from $91.4 million a year ago, due primarily to reduced demand and lower day rates for the company's offshore vessels in the important Gulf of Mexico market. Operating income of $8.5 million was down from $18.9 million earned in the second quarter of 2001. The Company also announced that it would revise both its first quarter 2002 and its…

17 Aug 1999

Hvide Marine Announces Second Quarter Results

Hvide Marine Incorporated, Fort Lauderdale, Fla., reported a net loss of $23.7 million for the quarter ended June 30, 1999. These results reflect a loss of $14.1 million on the sale of assets. Last year, Hvide held a net income of $9.5 million. Revenues of $78.3 million for the 1999 quarter were down 28 percent from the previous year's figure of $109.3 million, which reflects the falloff in day rates and utilization for the company's fleet of offshore energy support vessels.

14 Feb 2002

Seabulk Reports 4Q Results

Seabulk International, Inc. has reported a net loss of $6.3 million for the quarter ended December 31, 2001. Included in the loss for the quarter is a writedown of $1.4 million or $0.13 per diluted share on the planned disposal of the company's inland barge and shipyard operation, part of an ongoing program to refocus the company on its core business. $9.6 million or $0.96 per diluted share. current quarter were up 5% from $80.0 million a year ago. from $8.1 million in the year-earlier period. of $7.9 million on revenues of $346.7 million. "The fourth quarter saw a falloff from our strong second and third quarter results as drilling activity in the Gulf of Mexico -- and hence the demand for vessels -- fell sharply on the heels of lower natural gas prices and reduced energy demand…

12 May 2003

Seabulk International Reports First Quarter Results

Seabulk International, Inc. reported net income of $1.6 million or $0.07 per diluted common share for the quarter ended March 31, 2003. In the year-earlier period, the Company had a net loss of $2.3 million or $0.22 per diluted common share. Revenues totaled $77.2 million compared with $83.2 million a year ago. Operating income was $10.0 million in the current quarter compared with $12.0 million in the prior year. "Lower interest costs, together with strong performances from our tanker and towing businesses, enabled us to post a profit for the quarter," commented Chairman, President and Chief Executive Officer Gerhard E. Kurz. "The lower interest costs are a direct result of our recapitalization last September.