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, 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
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.
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)
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
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 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.
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.
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
Among latest Deptartment of Defense, Navy contracts, an option for renewal of the 12-month time charter of the US-flagged surface support vessel is exercised. Alpha Marine Services, LLC, Cut Off, La., is being issued an $8,184,030 modification under a previously awarded firm-fixed-price contract (N00033-12-C-2002) to exercise an option for the 12-month time charter of U.S.-built, U.S.-flagged, contractor-owned and contractor-operated surface support vessel MV Kellie Chouest.
On 26 August 2014, EOC Limited agreed to acquire 50% of the entire issued share capital of Lewek Antares Shipping Pte. Ltd. (the "Target") , a company incorporated under the laws of Singapore, from Konquest Marine Pte Ltd ("KMPL")
Wärtsilä says it has signed a long-term Technical Management Agreement with Harvey Gulf International Marine LLC (Harvey Gulf). This five-year agreement covers Condition Based Maintenance & Dynamic Maintenance Planning for 8 offshore supply and multi-purpose support vessels – 6
Uptime International says it has entered into contracts with MAC Offshore Dubai and Fujian Mawei Shipyard China for delivery of three active motion compensated gangways. The first of these three gangways will be mounted early 2015 on their third Compact Semi Sub (CSS) maintenance vessel
Otto Marine says it has clinched AUD57-million worth of charter contracts in Australia for two of its large deep water AHTS vessels. Otto Marine Limited, which owns and operates a large fleet of offshore support vessels, with shipyard and other specialized offshore services
The U.S. Coast Guard, along with several federal, state and local partner agencies, have formed a safety and assessment team with the owners of the disabled tanker Pine Galaxy to ensure the safety of the ship's crew and finalize plans for the ship to be brought into the port of San Francisco for
The U.S. Coast Guard informs that along with several federal, state and local partner agencies, it has formed a safety and assessment team with the owners of the disabled tanker 'Pine Galaxy' to ensure the safety of the ship’s crew and finalize plans for the ship to be brought into the Port
Topaz Energy and Marine (“Topaz”), a leading offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico, today announced a US$75 million new equity investment in the business from
MacGregor, part of Cargotec, has secured a new contract from Chinese shipbuilder, Fujian Mawei Shipbuilding Ltd., for two 100-metric-ton active heave-compensated subsea MacGregor cranes. The cranes will be fitted to two 86-meter multipurpose platform supply vessels (PSVs) under construction at the
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico, has announced a $75 million new equity investment in the business from Standard Chartered Private Equity
Lerwick Harbour has again demonstrated its deep-water capacity and capabilities, this time by simultaneously accommodating two giant support vessels and the successful offloading of a 10,000 tonne subsea oil storage tank, destined for west of the Shetland Islands.
Eastern Shipbuilding Group, Inc. announced the delivery of the M/V HOS Black Foot (Hull 206) to Hornbeck Offshore Services, LLC, ahead of schedule and on budget. The HOS Black Foot is Eastern’s sixth of 10 offshore support vessels under contract and the second vessel designated as the
Sinopacific Shipbuilding Group (SINOPACIFIC), has recently signed a contract with a Mexican shipping company, Naviera Petrolera Integral S.A. de C.V. for the construction of 3 (three) SPP17A vessels. All vessels will be built in SINOPACIFIC’s Zhejiang Shipyard and are expected to be
MaaskantShipyards Stellendam delivers custom-built offshore chasers The delivery of the 7-Oceans to offshore services company RederijGroen (Scheveningen, the Netherlands) marks a new milestone in Offshore Support Vessel construction. The vessels have been designed in close cooperation with both
Sinopacific Shipbuilding Group (SINOPACIFIC) has recently signed a contract with Singaporean company Vallianz Holdings Limited (Vallianz) for the construction of 4 SPA60 vessels. The vessels will be built in SINOPACIFIC’s Zhejiang Shipyard and all of them are expected to be delivered
Singapore Exchange mainboard-listed COSCO Corporation (Singapore) Limited a leading ship repair & marine engineering and shipping group, today announced its 2nd quarter financial results for the 3 months ended 30 June 2014. Group turnover increased 28.8% to $1.1 billion in Q2 2014 from $890