Farstad takes $7.3 million loss on sale of PSV
MARCH 1, 2016 — For the third time this year, Norway’s Farstad Shipping ASA reports the sale of a platform supply vessel at a loss. This time around the vessel is the
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BAE Jacksonville delivers fourth Jackson Offshore PSV
FEBRUARY 23, 2016 — BAE Systems, Jacksonville, FL, shipyard caps recently delivered M/V Squall, the fourth and final platform support vessel (PSV) built for Jackson Offshore Operators, LLC under a program that
Farstad sells another PSV at a loss
JANUARY 22, 2016 — Norway’s Farstad Shipping ASA is booking another loss on the sale of a platform supply vessel. On January 15, it reported the sale of the PSV Far Scandia,
Farstad to book loss on sale of PSV
JANUARY 15, 2016 — Norway’s Farstad Shipping ASA today announced the sale of the PSV Far Scandia and says it will take a booked loss of around NOK 8 million (about $900,000)
Sinopacific delivers its first Mexican market PSVs
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
GulfMark and Simek agree PSV delivery delay
According to the filing, “on December 14, 2015, a subsidiary of GulfMark Offshore, Inc. (“GulfMark”) entered into an agreement with Simek AS to delay the delivery of its North Sea vessel under construction in Norway from 2016 to 2017. Under the original agreement, GulfMark’s subsidiary paid 20% of the construction price within three months of contract inception, and was to pay the remaining 80%, or approximately $33 million, in February 2016 upon delivery. Under the new agreement, GulfMark’s subsidiary will take delivery of the vessel in January 2017 and will pay approximately $2 million in the fourth quarter of 2015, approximately $5 million in the first quarter of 2016, approximately $4 million in the second quarter of 2016 and approximately $22 million in the first quarter of 2017 upon delivery of the vessel.”
Charter extended, LNG fueled PSV will add battery solution
Eidesvik also announced that Statoil has entered into an agreement for installation of an Energy Storage System (battery solution) onboard the vessel.
The Viking Energy was the first LNG fueled PSV in the world when it was delivered in 2003, and has been on contract for Statoil since delivery. It will not, though, be the first Eidesvik vessel be retrofitted with a battery solution.
Back in May, Eidesvik announced an agreement with Lundin Norway AS for installation of an Energy Storage System (battery solution) onboard the vessel Viking Queen.
Eidesvik said that the retrofit agreement was possible through a targeted cooperation between itself and Lundin Norway AS. which has the vessel on hire, and lithium ion battery specialist ZEM AS, as supplier of the system.
PSV to be converted to wind farm service vessel
The vessel, the Vestland Cygnus, will be given a 134 person accommodations module, a 100 t/40 m offshore crane and a new walkway system for boarding of wind turbines. Additionally 1.2 m sponsons will be added on either side of the vessel.
The converted vessel will have SPS (special purpose ship) class notation.
The design for the conversion is being provided by Wärtsilä, which provided the original design for the vessel and also supplied a complete electric propulsion system based on the Wärtsilä Low Loss concept with four Wärtsilä 20 engines, as well as an integrated automation system.
Following completion of the rebuild project by the shipyard, the Vestland Cygnus will transport service personnel to and from wind farms. It will be operated by Vestland Offshore, a Norway based offshore service vessel operator.
The conversion is scheduled to be completed by June 2016.
“We have developed several concepts for wind farm service vessels, both for newbuilds and conversion projects, and our design is very suitable for this vessel’s new operational profile. We have also worked closely with the Fjellstrand yard for many years on numerous projects and the cooperation between our companies is excellent,” says Ove Wilhelmsen, Managing Director, Wärtsilä Ship Design, Norway.
“The new design will enable the transportation and accommodation of a high number of people. It is important that the vessel has very good stability, even in the most challenging sea and weather conditions, so that personnel can safely board rigs or wind mills. We are confident that the Wärtsilä design meets all our requirements,” says Hans Martin Gravdal, owner of Vestland Cygnus.
Damen delivers the second of two Mamola PSVs
SEPTEMBER 24, 2015 — Following a naming ceremony in Barcelona, Spain, yesterday, Promar Shipping Services has taken delivery of Mamola Defender. the second of two Damen PSV 3300 platform supply vessels ordered
DOF charters in PSV from Vard for Chevron job
The vessel, now named Skandi Responder, is a VARD 1 08 design platform supply vessel. According to Vard it is the first of two vessels whose original shipbuilding contracts were terminated earlier this year. It has now been delivered from the Vard Vung Tau shipyard in Vietnam and sold to Vard Shipholding Singapore Pte. Ltd., a newly established wholly-owned subsidiary of Vard Holdings.
Vard says that it continues to explore opportunities for a sale of the vessel. The second PSV whose contract was terminated is still under construction at Vard Vung Tau, with an expected completion date in second quarter 2016.
Vard CEO and Executive Director Roy Reite commented, “I am delighted that together with our long-term client DOF, we have found a solution that secures employment for this vessel following completion at the yard in Vung Tau. Securing this charter in today’s difficult market is proof of the attractiveness of Vard-built vessels for some of the most demanding jobs in the offshore industry, and I am confident that successfully operating it in Australia will increase our chances for a sale.”