Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…
Norwegian vessel owner Solstad Offshore has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018…
Equinor has booked DOF Group’s anchor handling tug supply (AHTS) vessel Skandi Iceman for its Norwegian operations, along with ROV services to be provided by the company.The contract award means that the DOF Group will have two anchor handlers…
Malaysian offshore vessel owner Icon Offshore unveiled Thursday that it had received a Letter of Award from SEA Hibiscus for the provision of one 60MT anchor handling tug supply vessel to perform their 2023/24 drilling campaign. The provision of service started on October 24…
Norwegian offshore vessel owner Havila Shipping said Monday it had sold the platform supply vessel Havila Commander and the AHTS vessels Havila Jupiter and Havila Venus, following demands from lenders.A day later, Norway-based offshore vessel…
Viking Supply Ships, a company that owns and operates a fleet of offshore supply and icebreaking vessels, has secured a contract for the Far Senator AHTS vessel for operations outside Australia.'With operations performed by Go Offshore, the…
The Norwegian offshore vessel owner Solstad Offshore has secured contract extensions for three of its offshore vessels.Equinor has declared the last contractual yearly option for the AHTS “Normand Ferking”. With the declaration of this option…
Danish offshore vessel operator Maersk Supply Service has sold two of its older Anchor Handler Tug Supply Vessels (AHTS), citing the global oversupply in the market and the current market situation.The vessels in question are the Maersk Advancer and Maersk Asserter…
Norwegian offshore vessel operator DOF has secured long-term charters for a trio of anchor handling units with Petrobras in Brazil.DOF said Tuesday Petrobras had awarded its Skandi Urca and Skandi Fluminense vessels 2+2 year contracts with the start in September 2020…
Norwegian offshore vessel owner Solstad Offshore has secured long-term charters for two of its anchor handling tug and supply vessels in Brazil.Solstad said Tuesday that Petrobras had chartered its AHTS vessels Far Sagaris and Far Statesman for a period of three years…
The market for Offshore Supply Vessel (OSV) is expected to grow at a CAGR of roughly 8.3% over the next five years, will reach US$ 25 billion in 2023, from US$ 15.5 billion in 2017, according to a new study.The Anchor Handling Tug Supply (AHTS) vessels segment accounted for the largest share…
Norwegian offshore service and supply ship shipping company Solstad Offshore has signed contracts for several of its vessels with various clients.Technip FMC have extended the present frame agreement with Solstad for ploughing/trenching duties in the North Sea with 1 year…
Norwegean offshore and subsea shipping company Siem Offshore has won one-year contracts for three anchor handling tug supply (AHTS) vessels in Australia.The Cayman Islands-registered marine transportation and logistics services provider said…
Norwegian offshore support vessels (OSV) operator Solstad Offshore has entered into a new contract with the compatriot oil and gas company Equinor for the hire of anchor handling vessel (AHTS) Normand Ferking.The duration of the contract is 1 year firm…