Petrofac Extends Stay for DDW Offshoreās Skandi Emerald AHTS
Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14, 2025.To remind, Petrofac already extended the contract for Skandi Emerald AHTS in January 2024, following the original one-year contract the companies signed in September 2022.Skandi Emerald AHTS Set for Petrofacās Northern Endeavour FPSO JobAt the timeā¦
Solstad Offshore Nets $60M in New Vessel Contracts
Norwegian offshore vessel owner Solstad Offshore has secured multiple new contracts and contract extensions, whose combined value is $60 million.Solstad secured one new contract, and one contract extension from Petrobras, for work offshore Brazil.Namely, Petrobras awarded an 18-month firm contract for the construction support vessel (CSV) Normand Valiant. The start of the contract is scheduled for February 2025 in direct continuation of current contract.Solastad also secured a contract extension for its anchor handling tug supply (AHTS) vessel Normand Sagarisā¦
Multraship Bolsters Fleet with Brand New Tug
Multraship Towage & Salvage has christened its newest tug, MULTRATUG 36, at its home port of Terneuzen in the Netherlands.The vessel is a Damen ASD Tug 3212, and represents the latest delivery from the order of three tugs Multraship placed with Damen to expand its fleet further to meet additional customer and project requirements.MULTRATUG 36 is a 32-meter tug, with a bollard pull of maximum 89.5 tonnes. This vessel is intended for deep-sea and coastal towage, salvage, and other operations.One of the upcoming projects the tug will support is the Princess Elisabeth Island projectā¦
Solstad Offshore Scoops $54M in New Vessel Contracts in Brazil
Norwegian offshore vessel owner Solstad Offshore has secured multiple contract awards with clients in Brazil for two of its anchor handling tug supply (AHTS) vessels and one construction support vessel (CSV).Solstadās Normand Topazio and Normand Turmalina AHTS vessels have been awarded one-year contracts each, starting in October and November 2024, respectively. Both awards are in direct continuation of current contracts.Also, Normand Cutter CSV has been awarded a 9-month contractā¦
Two DDW Offshoreās AHTS Vessels Set to Sail for Australia Job
Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has secured work for two of its anchor handling tug supply (AHTS) vessels with an international oil company offshore Australia.DDW Offshore has secured two one-year contracts, each with a further 24-month priced option structure, for its Skandi Peregrino and Skandi Atlantic AHTS vessels.The vessels will provide anchor handling and towage services in Australia for an unnamed oil company, starting on January 1ā¦
Greek Shipowners Betting Billions on Gas
Greek shipowners have spent an unprecedented $18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes according to new research by Veson Nautical's data intelligence arm VesselsValue.Approximately $13.8 billion of the figure has been spent on 59 liquefied natural gas (LNG) vessels, and approximately $4 billionn on 41 liquid petroleum gas (LPG) vessels, according to the new report, āGreek Speculative S&P Investmentsā.
Viking Supply Ships to Upgrade Four AHTS with Subsea Cranes
Sweden-based Viking Supply Ships announced it has secured a contract for four 100-ton heave-compensated offshore cranes to be installed on its fleet of ice classed anchor handling tug supply (AHTS) vessels.These advanced cranes will enhance the vessels' capabilities, positioning them to meet the increasing demand within the subsea sector. The upgrades will enable the vessels to handle a wider range of assignments across both the oil and gas industry, as well as renewable energy projectsā¦
UAE Operatorās AHTS Gets New Thordon Bearings in Offshore Replacement Op
Bronze bearings in the stern roller of the Anchor Handling Tug Supply (AHTS) Vessel ES Kestrel have been replaced with grease-free SXL bearings from Thordon Bearings while the vessel remained afloat and operational.The replacement was undertaken in May 2024 by Thordonās Dubai-based distributor Ocean Power International (OPI) for the AHTS owner Echo Cargo & Shipping of U.A.E.While typically checked during routine drydocking, the vesselās stern roller was experiencing turning issues during operation.
Sea1 Offshore Secures Work for AHTS Fleet in Australia
Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel.No additional details have been revealed, but Sea1 Offshore said the vessels will be servicing a consortium of local operators with various drilling and decommissioning projects.One of the vessels will be from Viking Supply Ships, which entered into agreement with Sea1 Offshore in August 2024 to outsource the m
Damen Starts Building Support Vessels to Fill Rising Demand in Gulf Region
Damen Shipyards has started construction of three shallow draft multi-purpose support vessels at its shipyard in the United Arab Emirates, in anticipation of an increase in offshore and dredging activity in Arabian Gulf region.The initial program will be comprised of a 27-metre Multi Cat 2712 for delivery in November 2025, a 33-metre Multi Cat 3313 SD (shallow draft) for delivery in December 2025, and a 27-metre Shoalbuster 2711 for delivery in February 2026.All three types areā¦
Crewmember Goes Missing From Canadian Coast Guard Vessel
The Canadian Coast Guard has called off a search for a crewmember believed to have gone overboard from one of its icebreaker vessels off Newfoundland's northeast coast. The CCGS Vincent Massey crewmember, who was reportedly last seen aboard the ship on Sunday evening, was reported missing at 8:15 a.m. on Monday when the vessel arrived in St. John's.An "extensive" search involving Canadian Coast Guard vessels, aircraft and vessels from other federal sources was launched but proved unsuccessful.
Becker Marine Systems Introduces New Wind-Assist Steering Technology
Becker Marine Systems introduced two new products at SMM which are designed to optimise vessel hydrodynamic performance: the Becker Daggerboard and the Becker Steering Gear.The Becker Daggerboard is an anti-leeway fin designed for ships equipped with modern wind- assisted propulsion systems (WAPS). When using WAPS, the desired thrust ahead components drive the ship. Depending on the wind direction, there can also be stronger or weaker lateral force components leading to leeway from the desired course.
GOM Floating Production Vessel gets Award-Winning Mooring Tech
Bardex completed its phase of floating production system (FPS) for the Shenandoah project: delivering its Off Vessel Tensioning (OVT) BarLatch mooring system. When installed, the FPS will be located in the deepwater Gulf of Mexico at more than 1800 m water depth. This is the second FPS project in which Bardex partnered with HD Hyundai Heavy Industries to supply its patented OVT BarLatch system. The first was the Kingās Quay FPS, also moored in the Gulf of Mexico, which marked the inaugural implementation of Bardexās OVT method.
Sea1 to Manage Viking Supply Ships' AHTS Fleet
Sweden-based Viking Supply Ships on Tuesday announced plans to outsource the management of its six anchor handling tug supply (AHTS) vessels to Sea1 Offshore, based in Norway.The management agreements are scheduled to be completed in October 2024, subject to final documentation and required approvals, the company said.The six AHTS vessels include Magne Viking, Odin Viking, Loke Viking, Njord Viking, Brage Viking and Andreas Viking, all with ice class notations and built from 2011 through 2013.
Bourbon, Opsealog Form Digital Partnership to Cut OSV Fleet Emissions
Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbonās global marine and logistics fleet of 104 vessels as part of partnership with Opsealog, aimed at boosting efficiency and reducing greenhouse gas (GHG) emissions.The multi-year agreement follows a six-month pilot on 25 Offshore Supply Vessels (OSVs), which demonstrated average monthly emissions savings of 45 to 50 tonnes of CO2 per vessel, according to French maritime services provider Bourbon.Theseā¦
Preparing for Floating Wind ā Leveraging the Oil & Gas Supply Chain
Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment.There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology.Further, there has been much discussion around the development and deployment of disruptive technologies to leverage the opportunity of floating wind. However, in the short- to medium-term, there is insufficientā¦
DOF Scoops Two Vessel Contracts with Petrobras
Norwegian offshore vessel operator DOF Group has secured two long-term contracts with Petrobras for its Pipelay Support Vessel (PLSV) and the Anchor Handling Support vessel (AHTS).The Brazilian built and flagged PLSV Skandi Niterói is awarded a three-year firm plus option contract, starting in 2025. The vessel is owned by DOFCON Navegação, a joint venture between DOF Subsea (50%) and TechnipFMC (50%).Built in 2011, the vessel is of STX OSCV 06 design. It is 142.2 meter long, with the breadth of 27 meterā¦
Solstad Offshore Scoops $240M in Contracts with Petrobras
Norwegian offshore vessel owner Solstad Offshore has secured multiple contracts with Petrobras, whose combined value is approximately $240 million (NOK 2.6 billion).The contracts are scheduled to start in the second half of 2024 and first half of 2025.Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and two anchor handling tug supply (AHTS) vessels Normand Sagaris and Normand Ferking, all owned by Solstad Maritime, in which Solstad Offshore holdsā¦
Multraship Christens New Damen ASD Tug
Multraship Towage & Salvage has christened its newest tug, Multratug 35, at its home port of Terneuzen, the Netherlands.The vessel is a Damen ASD Tug 3212. Damen and Multraship signed the contract for the vessel ā together with a second, identical ASD Tug 3212 ā in June last year. Prior to the contract, Damen had already commenced construction on the tugs as part of its practice of building standard vessels for stock. Multrashipās Managing Director, Captain Leendert Muller, said: āOur business has grown to meet additional customer and project requirementsā¦
Subsea Vessel Market is Full Steam Ahead
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side, where everyone is trying to position themselves for the impeding market boom.Please note that vessel definitions and abbreviations in this part of our industry can varyā¦
DOF Bags Shellās Decommissioning Contract for Knarr and Gaupe Fields
Norwegian offshore vessel operator DOF Group has secured a āsubstantialā subsea engineering procurement removal and disposal (EPRD) contract from Norske Shell in the Atlantic region.The contract outlines 100 combined days of utilization of DOFās vessels Skandi Hera and Maersk Installer.DOF will deliver an integrated solution of project management, engineering, design, analysis and survey.Described as āsubstantialā by DOF, this means that the contract is valued between $23.8 million and $47.8 million (NOK 250 million to NOK 500 million).The scope includes recovery and recycling of umbilicalsā¦
Solstad Scoops $7M for Two AHTS Vessels
Norwegian vessel owner Solstad Offshore has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018.Fars Sound is a 2007-built AHTS, with the length of 78.1 meters and of UT 712 L design.Far Scimitar is of the same design, with 78.3 length. It was built in 2008.The sale was made through Solstad Reder, a wholly owned subsidiary of Solstad Maritime Holding.Delivery of the vessels to the new owner took place on February 23, 2024.
DOF Group Secures Over $20M for Asia Pacific Projects
Norwegian offshore vessel owner DOF Group has secured a new contract and a contract extension for two of its vessels that will be employed in the Asia Pacific region.The latest contract secured for the region is related to Skandi Hercules vessel that will see it fully utilized off the Australian coast into the third quarter of 2024.The contracted scope includes project management and engineering, logistics support and execution of various inspection, maintenance, and repair (IMR)ā¦