Platform Supply Vessel News

Kongsberg to Work on Six Hybrid CMM's PSVs Bound for Petrobras Ops

Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations.CMM was ranked first in Petrobras’ tender for six state-of-the-art, hybrid large multipurpose 5,000 DWT PSVs with oil spill recovery capacity, positing the company to secure a firm 12-year charter contracts with Petrobras…

Vard Completes Conversion of IT Infinity PSV to Cable Laying Vessel

Norwegian shipbuilder Vard has delivered IT Infinity vessel to I.T. International Telecom Marine (IT), after completing its conversion from Platform Supply Vessel (PSV) to specialized Cable Laying Vessel (CLV).Built at Vard Brattvaag and delivered to Volstad Maritime in 2008 as the Volstad Princess, the vessel has changed ownership several times.SD Standard Drilling acquired the ship in 2017, before it was sold to IT in 2021 and renamed IT Infinity.In 2024, the vessel returned to VARD for an extensive conversion…

Oil Firm Hires DOF Group’s PSV for Work Offshore Australia

Norwegian offshore vessel operator DOF Group has secured a multi-million dollar contract with international oil company for the platform supply vessel (PSV) Skandi Feisten.The vessel will continue with the current client on a new 18-months firm contract with a further 18-months extension option.The start of the contract will be in direct continuation from the existing contract with an undisclosed client, and according to DOF, it will maintain its presence in Australia.Although the company did not reveal the exact value of the contract…

Kongsberg Maritime to Equip 10-Strong Fleet of Capital Offshore’s PSVs

Kongsberg Maritime has secured $73.3 million contract from Fujian Mawei Shipbuilding in China to supply range of equipment for a new fleet of 10 platform supply vessels (PSVs) being built for Greek shipowner Capital Offshore.Under the contract, Kongsberg Maritime will supply all propulsion, automation, and energy systems for the 95-metre vessels of MMC 897 CD design.The Kongsberg Maritime electrical system on these vessels will enable optimal operation through the Energy Storage System (ESS).

Havila Shipping Secures Work for Its PSV

Norwegian offshore support vessel owner Havila Shipping has entered into contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, whose value was not disclosed, is for a firm period of two wells estimated to 200 days.It also includes optional periods for eight wells each estimated to 65 days.The start of operations is expected to be within two weeks, Havila Shipping said.Built in 2009, Havila Borg features Havyard 832 design. The PSV is 78.6 meters long, with the breadth of 17.6 meters and deck of 800 m2. It can accommodate 23 people.

Equinor's Platform Supply Vessel Set to Operate on Gasum’s bio-LNG

Gasum and Equinor have launched a series of liquefied biomethane (bio-LNG) bunkering operations in Norway's Port of Dusavik, with bio-LNG being bunkered to Equinor’s chartered platform supply vessel Island Crusader.The first bio-LNG delivery was successfully carried out mid-July. Gasum will continue to supply Island Crusader with two to three truckloads of bio-LNG approximately every other week. Each truckload contains about 22 tons of bio-LNG.Both Gasum and Equinor are committed to ambitious sustainability goals to enable a cleaner energy future.

Equinor Extends Eidesvik’s PSV Engagement

Equinor has declared options to extend the contract with Eidesvik Offshore, a Norwegian offshore vessel owner, for its supply platform supply vessel (PSV) Viking Energy.The contract extension runs from April 2025, extending the firm period to April 2030. The contract also includes options for further extensions.“Viking Energy has been in continuous operation for Equinor since its launch in 2003. This contract extension highlights the operational excellence consistently delivered…

MacGregor to Supply AHC Crane for MMA Offshore’s PSV

MacGregor, part of Cargotec, has received a large order for its 50-tonne active heave compensated (AHC) crane to be installed on board MMA Valour, a multi-purpose platform supply vessel (PSV).The vessel has a proven track record in servicing a broad range of offshore work scopes across the energy and offshore wind sectors.The contract has been booked into Cargotec’s second quarter 2024 order intake, with crane supply scheduled for the third quarter of 2025.MacGregor’s range of AHC cranes…

Equinor Hires Havila’s Three PSVs

Norwegian offshore support vessel owner Havila Shipping has secured contracts with Equinor for three of its platform supply vessels (PSVs).Contracts with Equinor are the PSV vessels Havila Clipper, Havila Fanø and Havila Herøy.Each contract is for a firm period of twelve months, with six optional periods, each of one month.The start of the contracts will be within end of July 2024, according to Havila, which did not disclose the value of the deals.Constructed by Havyard in 2011…

CMM Secures Funding to Facilitate Construction of Ethanol-Powered PSV Fleet

Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil.The financing will enable CMM to recompose its shareholder structure and to expand its fleet, the company said. Panorama Capital Partners sourced and advised on the transaction, and participated as a co-investor.As part of this expansion, CMM will construct pioneering ethanol powered PSV fleet in Brazil.

SEACOR Marine Upgrades PSV with Hybrid Battery Power System

U.S.-based SEACOR Marine has completed the installation of a hybrid power system on its platform supply vessel (PSV) SEACOR Yangtze.Beginning in February 2024 in Norway, Kongsberg Maritime started the upgrade of the UT771 CDL SEACOR Yangtze with the Deckhouse Energy Storage System.The installation of the system has been completed, SEACOR Marine informed on April 4, 2024, adding to its fleet of hybrid battery-powered PSVs.To remind, SEACOR Marine announced it will convert four other of its PSVs to battery hybrid power in a move to enhance efficiency and slash emissions.The Houston-headquartered

TotalEnergies Awards New Contracts to Siem PSV Pair in Brazil

Norwegian shipowner Siem Offshore has secured new contracts with TotalEnergies for two of its platform supply vessels (PSV) for work offshore Brazil.The contracts are for Siem Giant and Siem Atlas PSVs.The new duration for Siem Giant is three years firm with options up to four more years.For Siem Atlas, the new duration is nine months firm with options until the end of the second quarter in 2027.Both vessels will start the contracts in June 2024 in direct continuation of present contracts…

Vard to Convert IT Infinity PSV to Cable Laying Vessel

Norwegian ship designed and builder Vard has secured a contract from I.T. International Telecom Marine (IT) to convert its platform supply vessel (PSV) IT Infinity into a cable laying vessel (CLV).The PSV was built at Vard Brattvaag and delivered to Volstad Maritime in 2008 under the name Volstad Princess.SD Standard Drilling acquired the vessel in 2017 before it was sold to IT in 2021 and was renamed IT Infinity.The work will be carried out by Vard Brattvaag in Norway and the vessel will be delivered in the third quarter of 2024…

DOF Vessel to Report for Duty Offshore Australia

Norwegian offshore vessel owner DOF Group has secured ‘substantial contract’ with an international oil company for the platform supply vessel (PSV) Skandi Kvitsøy.The vessel will work in Australian waters and further strengthen DOF’s presence in Australia.DOF Group defines a ‘substantial contract’ as the one with value between $23 million and $48 million (NOK 250 million to NOK 500 million).The contract is set to start in the first quarter of 2024, with two-year firm and two years options…

Solstad Offshore to Exit Platform Supply Vessel Business. Agrees to Sell 37 Vessels to Tidewater

Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million.The sale will mark Solstad Offshore's exit from the platform supply vessel sector. Ongoing PSV charter parties will be transferred to Tidewater. Solstad will offer management services to Tidewater in a transition period to facilitate a smooth transfer for the parties and the customers.The offshore employees associated with the PSV Fleet will be offered employment with Tidewater.

Havyard Outsources Platform Supplier Work to Kleven

Norwegian offshore vessel builder Havyard will outsource the construction of the Atlantic Harrier platform supply vessel to its compatriot yard Kleven, as delays with other projects have put a strain on Havyard’s Leirvik facility.The platform supplier was first ordered by Fafnir Offshore in 2014, but Havyard in 2017 canceled the order as Fafnir was unable to secure a long-term charter or financing agreement.Havyard then last year won a contract to deliver the PSV to Canadian-based Atlantic Towing…