Offshore Support Vessel News


Fairfield Extends Solstad PSV Duo

Jan 08, 2020

UK-based Fairfield Betula Limited has extended two platform supply vessels with Solstad Offshore.The Norwegian offshore vessel owner said Wednesday that the extensions were agreed with Fairfield for the charters of the PSVs Far Symphony and Normand Aurora…

Sentinel Marine Expands Fleet

Jan 07, 2020

Offshore support vessel operator Sentinel Marine has introduced the newest fleet of emergency response and rescue vessels in the North Sea – and help clean up the offshore environment.All eight ships recently built to order by Sentinel Marine…

EMGS Vessel Utilization Up

Jan 06, 2020

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has seen an increase in vessel utilization for the fourth quarter 2019 at 80% compared with 32% for the fourth quarter in 2018.For the full year 2019, the vessel utilization was 59%…

Fugro Loses Arbitration Case

Jan 06, 2020

Dutch multinational Geo-data specialist Fugro announced that it has been disappointed in an arbitration case involving Tasik Toba Subsea in March 2019, of a long-term chartered DP3 diving support vessel, the Southern Star.An arbitration tribunal…

Gulf Marine Services Wins Two Contracts

Jan 05, 2020

Gulf Marine Services PLC,  the operator of self-propelled and self-elevating support vessels (SESVs) said it has been awarded two contracts, with secured utilization of its fleet for 2020 now exceeding the year before.The UAE-headquartered company…

ENA Shogun Signed On One-year Deal

Jan 03, 2020

Anchor-handling tug supply (AHTS) vessel ENA Shogun will commence a one-year project (+options to proceed further) with a Bruneian oil company, primarily supporting semi-submersible rigs in their fleet.VOS Singapore said it has secured a third…

OSVs: Rising Tide Won't Lift All Boats

Dec 23, 2019

The offshore supply vessel (OSV) industry has emerged from its 2017 trough, thanks in large part to a slight shrinkage of the active fleet, a string of debt restructurings, improved cost management, and an uptick in drilling activity in a few regions…

Bourbon Assets Taken Over by Creditor Banks

Dec 23, 2019

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial…

DEME Unveils First SOV for Offshore Wind

Dec 16, 2019

Belgium-based offshore wind installation specialist Dredging, Environmental and Marine Engineering NV (DEME) has started building its first service operation vessel (SOV), which will be chartered by Siemens Gamesa Renewable Energy (SGRE) for work at three Belgian offshore wind farms (OWF)…

Solstad PSV Duo Wins More Brazil Gig

Dec 08, 2019

Norwegian offshore service and supply ship shipping company Solstad Offshore has signed contract extensions for two platform supply vessels (PSVs) with Equinor in Brazil.The offshore vessel owner said in a press note that the contract extensions…

VOS Champion Starts New Charter

Dec 06, 2019

Vroon Offshore Services reports its Singapore-managed anchor-handling tug supply (AHTS ) vessel VOS Champion has started a five-month contract with a major international oil and gas engineering, procurement, construction and installation (EPCI) contractor…

First Jones Act SOV Gets ABS Nod

Dec 06, 2019

Classification society ABS said it has granted the first Approval in Principle (AIP) to VARD for its design of a Jones Act service operations vessel (SOV).The AIP addresses a customized version of VARD 4 07 US SOV design, with primary functions including accommodation…

Havyard Group Taps Larsen as CEO

Dec 02, 2019

Norwegian offshore and fishing vessel builder Havyard Group said Gunnar Larsen will serve as interim CEO until the group finds a replacement for retiring chief executive Geir Johan Bakke.Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004…

DOF Subsea Bags APAC Contracts

Nov 21, 2019

Norway-based international subsea operating company DOF Subsea announced several contract-awards in the Asia Pacific region, securing 130 days vessel and resource utilization into the first quarter of 2020.  The contracts, for undisclosed clients in New Zealand and South East Asia…

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