PSV damaged after colliding with legs of jack-up
OCTOBER 16, 2017 — A recent alert from the International Marine Contractors’ Association (IMCA) looks at lessons to be learned from a recent incident in which a platform supply vessel (PSV) incurred
PSV
Corvus to supply ESS for two more PSV hybrid retrofits
OCTOBER 5, 2017 – Corvus Energy has been selected as the supplier of lithium ion based energy storage systems (ESS) for two Havila platform supply vessels (PSVs) being retrofitted with hybrid power
PSV to get batteries and a five year Statoil contract
JUNE 27, 2017 — A SolstadFarstad ASA platform supply vessel is to be installed with an energy storage system, gaining it the DNV-GL notation “Battery Power.” The upgrade is being made under
New OSV giant emerges from Norwegian mega merger
JUNE 21, 2017 — With the completion a series of transactions announced February 6, a large new high-end offshore service vessel (OSV) company —Solstad Farstad ASA— has emerged from the merger of
OSV fleet’s DCF value is 2.5 times its market value
MAY 8, 2017 — The global OSV fleet’s Discounted Cash Flow (DCF) value is currently $79.9 billion, or 2.5 times higher than its current market value of $30.9 billion, according to VesselsValue
DOF sells 2001-built UT755L
FEBRUARY 28, 2017 — DOF ASA has sold its 71.9 m UT755L PSV vessel Skandi Waveney, delivered by the shipyard in 2001, to a company outside Norway and not engaged in the
Farstad Shipping vessels win charter contracts
FEBRUARY 27, 2017 — Norway’s Farstad Shipping ASA has been awarded a number of charter contracts that, says CEO Karl-Johan Bakken, show its ability to to efficiently and safely return vessels from
REM and Solstad agree to merge
JULY 28, 2016 — As tough times in the offshore services sector continue, Norway’s Solstad Offshore ASA and REM Offshore ASA have agreed to merge. a “triangular merger” under Norwegian law, REM
GulfMark sees “early signs of encouragement”
JULY 27, 2016 — Houston headquartered GulfMark Offshore, Inc. (NYSE:GLF) has reported results of operations for the three- and six-month periods ended June 30, 2016. For the quarter, revenue was $30.5 million,
Third LNG fueled PSV goes to work for Shell in Gulf
MAY 10, 2016 — Shell Offshore Inc. today took delivery of its third liquefied natural gas (LNG) fueled offshore supply vessel (OSV) in Port Fourchon, LA. Chartered from Harvey Gulf International Marine,