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,

Chinese yard launches two X-Bows in same week

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

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

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.”

Chouest acquires newbuild Simek PSV

JULY 7, 2015 —Norwegian shipbuilder Simek AS reports that its Yard No 133 has been sold to Edison Chouest Offshore.This will be the second ship Simek has delivered to Edison Choest, the

Wärtsilä unveils new PSV design at Nor-Shipping

JUNE 1, 2015 — Wärtsilä is launching a new Platform Supply Vessel ship design at this year’s Nor-Shipping exhibition being held in Oslo from June 2 to 5. The new design builds