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Support Vessel

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


ABB $15m Order to Power Chinese Vessels

ABB, a power and automation technology group, has won orders worth $15m from Shanghai Salvage Company and Guangzhou Salvage Bureau for the supply of electric power and propulsion systems for a new diving support vessel and semi-submersible heavy lift vessel. The newly contracted semi-submersible heavy lift vessel is the sixth of its type to be awarded to ABB over the last two years. ABB – in cooperation with local partner Kongsberg – will also deliver the vessel’s


Aker Yards Secures Contracts for Diving Support Vessels

Aker Yards ASA said it won an order from DOF ASA for a diving support vessel (DSV), and a contract from DOFCON ASA and Technip for a second DSV. For DOF, Aker Yards will build a DSV based on Aker Yards' Aker DSV06 design, while the other DSV will be to the Aker OSCV-06L DSV design. Source: Forbes


China Shipyard Tackles First PSV Order

JES International subisidiaries JES Universal Co. and Jiangsu Eastern Heavy Industry Co. Ltd. to build a UT 755 LN Platform Support Vessel. The contract is the Group’s first, in over thirty years of its history, for the construction of an offshore support vessel and is representative of the Group’s expansion from building commercial shipping vessels to constructing more complicated and sophisticated offshore support vessels.


Petrobas Contracts For 23 New OSV's

Petrobras has signed contracts with Brazilian shipbuilders as part of its 3rd 'Fleet Renewal Plan for Offshore Support Vessels (OSV's). The units, type PSV 4500 and OSRV 750, fulfill 60% local content requirements and will be built in Brazil. Petrobas say tha prices presented were competitive, given expected metrics and budgets.
 This was the 4th Round of the Fleet Renewal Plan. In July this year, Petrobras will go to the market for another 24 offshore support vessels (5th Round)


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.


Keppel Singmarine Wins $46M in Contracts

Keppel Singmarine received orders for four offshore support vessels (OSVs) and two tugboats for about $46 million. The vessels will be progressively delivered to their owners up to first half of 2007. Currently, Keppel Singmarine has 22 vessels under construction, having delivered nine since the beginning of 2005. Its strong orderbook has placed the Company as one of the world’s leading builders of offshore support vessels.


ONYX Special Services to Add ROV to Fleet

ONYX Special Services, soon to be Veolia Environmental Services, will be adding a DP2 ROV support vessel to its fleet, servicing the Gulf of Mexico. The RSV Toisa Vigilant will be supporting the 150 hp Triton XLS17 and the 100 hp Triton XL ROV. The Toisa Vigilant will be mobilizing the ROV's as well as a 35 ton knuckle boom crane during the last week in April 2006. We will be ready for service early May 06. There will also be a stern launched 50 ton heave compensated


Coast Guard, Navy to Conduct Security Exercise

A flotilla of military and support vessels Tuesday will conduct a joint security exercise off of the entrance to Pearl Harbor. Persons viewing this exercise from shore or from other vessels should not be alarmed - this is only an exercise. The U.S. Coast Guard Cutter Galveston Island along with small boats from Naval Station Pearl Harbor, Naval Submarine Support Command, and the Coast Guard Maritime Safety and Security Team Honolulu will exercise a variety of security scenarios


Damen Gets Contract to Build Navy LSV

On January 10, 2005 a contract was signed between the Royal Netherlands Navy and Damen Shipyards Gorinchem for the design and construction of a Logistic Support Vessel (LSV). Following a tender procedure the initial award took place at the end of 2004 after which the contract was signed early January. The 65 m long Support Vessel will be based in the Caribbean and will be deployed for the transport of equipment and personnel, mainly within the Netherlands Antilles.


Topaz Secures another West Africa Contract

The Topaz Faye

Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, announced a new contract win for its fast growing West Africa operation. Under the terms of the $11 million agreement, Topaz will supply a global oil major with a platform supply


Topaz secures another West Africa contract

Topaz-faye DP2 platform

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for its fast growing West Africa operation. Under the terms of the US$ 11 million agreement


POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier, two sources with knowledge of the matter said.


POSH raises $311m in Singapore IPO

Image: POSH file photo

POSH prices IPO at S$1.15 per share, near bottom of indicative range. POSH focuses on service to production, maintenance and is keen on growing offshore accommodation business. PACC Offshore Services Holdings (POSH) could raise at least S$388


Dutch Navy’s Largest Ship Commissioned

Photo: Dutch Ministry of Defense

On Saturday, March 8, Dutch Defense Minister Jeanine Hennis-Plasschaert ceremonially named the Karel Doorman, the new Joint Support Ship for the Royal Netherlands Navy. The ceremony took place in Vlissingen at the shipyard operated by Damen Schelde Naval Shipbuilding. With a length of 204


Bibby Offshore Begins Construction, IRM Campaign

Mark Fotheringham – E+P Director (Maersk) and Barry Macleod – Managing Director UKCS (Bibby Offshore)

Subsea installation contractor Bibby Offshore has recently commenced work with Maersk Oil UK on a multimillion pound contract that will see Bibby Offshore provide subsea construction and inspection, repair and maintenance (IRM) services to all of Maersk’s North Sea assets


Robert Allan Sign Tugboat Design Contracts in Netherlands

Contract signing: Photo Robert Allan

Robert Allan Ltd informs of the signing of two contracts during a recent Canadian Trade Mission to the Kingdom of the Netherlands. Details of the contracts are as follows: Contract for ART 80-32 The first signing covered the new ART 80-32, designed by Robert Allan Ltd


AMSA Calls Off Search for Missing Vessel

AMSA’s Rescue Coordination Centre (RCC Australia) said it has suspended the search for a 75-meter fishing support vessel after consulting expert medical advice indicating that in the current weather conditions there is no prospect of survival.


Swissco Steps Into Offshore Rig Chartering Business

Image courtesy of Swissco

Singapore based marine service provider for the offshore oil and gas industry, Swissco Holdings Limited, informs it has entered into a definitive Sale and Purchase Agreement for the  S$285.0 million acquisition of Scott and English Energy Pte. Ltd


Nakilat Venture Gets Qatar Military Ship Order

Qatar Gas Transport Co (Nakilat) said on Tuesday that a joint venture between it and Dutch shipbuilder Damen had won orders worth 3.1 billion riyals ($850 million) to build seven vessels for the Qatari armed forces. The vessels to be built by Nakilat Damen Shipyards Qatar comprise six


Offshore firm's IPO may give Singapore market shot in the arm

This would be only the second mainboard IPO in Singapore this year. Singapore's IPO market lacklustre in recent years, but oil and gas related offerings find favour in Singapore. A major operator of maritime support vessels controlled by Malaysia's richest man is seeking up to $380 million in a


Houlder Attracting Houston’s Offshore Engineering Talent

Garry Kennie

U.K.-based engineering group Houlder has launched a new venture to support clients headquartered in the United States following an increasing number of successful global projects for oil majors, operators and service providers. Houlder Americas Inc


Eastern Launches another Hornbeck Offshore Vessel

Photo: Eastern Shipbuillding

Eastern Shipbuilding Group, Inc. announced the launching of the HOS BLACK ROCK (Hull 207) on Friday March 28, 2014 for Hornbeck Offshore Services, LLC. The HOS BLACK ROCK is Eastern’s third vessel in Hornbeck Offshore’s HOSMAX 310 class series


Golden Energy Offshore orders 2 PSVs

PX 121H design PSVs

 Golden Energy Offshore has entered into a shipbuilding contract with NANTONG RAINBOW OFFSHORE & ENGINEERING EQUIPMENTS CO.,LTD (ROC) in China for the construction of two PX121H Platform Supply Vessels (PSVs) from ULSTEIN, with the option to build two more vessels of the same design


RS Expands Participation in Offshore Projects

Russian Maritime Register of Shipping (RS) is to undertake ship construction survey for the Lukoil Group. This project follows the RS effective cooperation with one of the major RF oil companies in developing offshore hydrocarbon resources.


 
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