PSV newbuild being transformed into expedition yacht
APRIL 27, 2016 — A Vard 1-08 currently under construction at one of Vard’s Norwegian shipyards is being offered for sale not as PSV, but as a high end expedition yacht. The
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Deep Sea Supply PSVs find work
APRIL 25, 2016 — John Fredriksen controlled Deep Sea Supply has been awarded a clutch of platform supply vessel contracts. They include a contract for two years firm, plus three yearly options,
Woodside charters Australia’s first LNG fueled PSV
APRIL 12, 2016 — Siem Offshore, through its fully owned subsidiary Siem Offshore Australia Pty Ltd, was today awarded a charter contract by Woodside Energy Limited, Australia for a dual fuel (LNG/MGO)
GulfMark settles dispute over newbuild Jones Act PSVs
MARCH 15, 2016 — GulfMark Offshore, Inc. (NYSE:GLF) today announced that a settlement has been reached in dispute resolution proceedings with a U.S. shipyard [BAE Systems, Mobile, AL] over two PSV ordered
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
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.”