JANUARY 15, 2016 — Lockport, LA, headquartered Bordelon Marine reports that Tidewater Subsea has chartered the Jones Act compliant MV Brandon Bordelon for sixty days plus options. Tidewater Subsea is mobilizing two
JANUARY 12, 2016 – Ulstein reports that China’s Wuchang Shipbuilding Industry Co., Ltd. launched sister vessels Go Matilda and Go Mundara on January 6 and 8, respectively. The ships are the second
JANUARY 12, 2016 – Edison Chouest Offshore (ECO) group subsea solutions specialist C-Innovation (C-I) is adding AUVs (Autonomous Underwater Vehicles) to its ROV (Remote Operated Vessel) fleet. It has ordered two HUGIN
JANUARY 6, 2016 — Dubai headquartered seismic vessel operator Polarcus Ltd (OSE: PLCS) today announced that key stakeholders had agreed a restructuring that, it says, will see its balance sheet “significantly improved.”
JANUARY 6, 2016 — Dubai headquartered seismic vessel operator Polarcus Ltd (OSE: PLCS) today announced that key stakeholders had agreed a restructuring that, it says, will see its balance sheet “significantly improved.”
DECEMBER 29, 2015 — China’s Sinopacific Shipbuilding Group reports that its Zhejiang Shipyard has delivered three SPP17A platform supply vessels to the Mexico’s Naviera Petrolera Integral S.A. de C.V. The three PSVs
DECEMBER 29, 2015 — Keppel Offshore & Marine Ltd reports that subsidiaries have secured four contracts from repeat customers worth a total of about S$125 million (about US$89 million). In Singapore, Keppel
DECEMBER 23, 2015 — Houston headquartered Bisso Marine has acquired the offshore pipelay industry’s well-known derrick/pipelay barge Global Iroquois. Originally built in 1973, the 400 ft x 100 ft x 30 ft
The MT 6022 design vessel, built in 2008 by Norwegian shipbuilder Kleven Verft A/S, features three work class ROV’s, a high-load capacity deck, and a Hydramarine main crane with a lifting capacity of 250 tonnes and a wire of 2,450 m. The vessel accommodates up to 120 people, and has a low fuel consumption thanks to its diesel electric power plant.
Rem Offshore ASA said that delivery of the vessel will take place shortly and that the sale will give it a booked profit, and net cash of approx. NOK 200 mill after repayment of debt.
The vessel is presently on a long term charter agreement with DeepOcean Shipping AS. The work scope involves subsea tree and jumper installation in up to 2,000 m water depth. Maersk Supply Service will take over this charter agreement including the option for extensions.
“Being part of a group with a strong balance sheet allows us to take advantage of the opportunities arising in the industry,” says Maersk Supply Service CEO Jørn Madsen. “This acquisition of a quality asset is fully in line with our strategic ambition of growing our subsea fleet and at the same time adds contract coverage during a period of market downturn. The work scope is well related to our area of expertise, and we look forward to working with our long-term customer, DeepOcean, on this operation.”
“Maersk and DeepOcean have a long and successful track record of cooperation on vessel charters, including the most recent long term charter agreement for the new-build Maersk Connector,” says DeepOcean Commercial Director Henk van den Ijssel. “This seven-year agreement for a market leading 7,000 t capacity cable installation vessel, arriving first quarter 2016 and already three contracts secured, shows a dedicated long term commitment from both companies.
DECEMBER 21, 2015 — Atwood Oceanics, Inc. (NYSE: ATW) said today that subsidiaries of the company have agreed with Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay delivery of two newbuild