Subsea 7 Acquires Sealion Vessel

Maritime Activity Reports, Inc.

January 16, 2019

Seven Pegasus (Photo: Subsea 7)

Seven Pegasus (Photo: Subsea 7)

Offshore contractor Subsea 7 announced Wednesday it has finalized the acquisition of a 2009-built multipurpose offshore construction and dive support vessel.

The vessel Toisa Pegasus, formerly owned by Sealion Shipping, is to be renamed Seven Pegasus and will primarily support Subsea 7’s operations in the North Sea and Asia Pacific, the company said.

The 133-meter vessel will undergo a docking and crew familiarization program before commencing operations in quarter two 2019.

Designed and built by IHC, the DP3 vessel can perform both heavy and light construction work scopes and features a twin-bell 18-person saturation diving system as well as a 400T crane. It has a 1,200m2 back deck.

John Evans, Subsea 7 Chief Operating Officer, said, “This acquisition reinforces our leading diving capabilities and reflects our strategy to actively manage our fleet composition to meet our client’s requirements and market conditions.”

Maritime Reporter Magazine Cover Feb 2019 - Ferry Builders

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News