Forum Subsea Technologies announced Tuesday it has secured orders from DOF Subsea to supply three of its Ultra Compact Perry XLX-C work-class remotely operated vehicles (ROV). DOF Subsea will deploy the vehicles onto three of its ROV support vessels for recently awarded projects in Brazil…
Bermuda-based company Nordic American Offshore (NAO) announced that it has reached agreement with the lenders under the Company's $150 million Revolving Credit Facility, dated March 16, 2015 pursuant to which the lenders have agreed, upon…
Owners of offshore support vessels (OSV) are beginning to examine the possibility of reactivating some of their fleet even as the consistent volatility of oil prices and a healthy stream of ships projected from global shipyards keeps their enthusiasm in check…
Lee Keng Lin will take over as the new CEO and executive director of Singapore based offshore services provider PACC Offshore Services Holdings (POSH) following the retirement of Gerald Seow Kang Hoe, effective May 1.Lee, who is currently the group's deputy CEO…
Any analysis of markets for offshore service vessels (OSV) usually begins with analogies to rough weather, best of times/worst of times or similar. OSV expert Seabrokers, with a home base in Stavanger, Norway, in the February edition of its…
Since committing to go global in September 2018, US based Harvey Gulf said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname.The company noted it also has bids for work in Mozambique, Angola, Senegal, Israel…
A.P. Moller-Maersk said on Friday it had abandoned plans to sell its offshore services business, blaming tough market conditions for the blow to the Danish conglomerate's attempts to focus entirely on its transport and logistics business.'This disturbs the tale they started to tell in 2016…
Green Award certification program has been extended with a new ship type – Offshore Supply vessels (OSVs). The first ship of this type the ‘’Lingestroom’’ has been successfully certified.The Lingestroom, one of the ships of Van Wijngaarden Marine Services B…
Bourbon Marine & Logistics said on Thursday it has been awarded a contract from Shell to support the oil major's exploration drilling in the Black Sea offshore Bulgaria.The French services company said its project scope covers the full logistics solution project management…
The offshore support vessel (OSV) fleet in Brazilian waters closed January with 367 vessels, of which 328 were Brazilian flagged and 39 were foreign flagged. The quantity remained nearly stable in relation to December 2018, when 363 vessels…
Solstad Offshore announced Wednesday that Norwegian operator Aker BP has taken a pair of large platform supply vessels (PSV) on 12-month charter under a frame agreement announced earlier this month.The 2011-built Normand Arctic and 2013-built…
One of the world's most advanced diving support vessels has undergone a comprehensive power plant refurbishment and maintenance program.Engineers undertook the 30,000 running hour major service on the generator engines on board the 140-meter-long Subsea 7 Seven Atlantic…
A pair of 39-meter multipurpose crew transfer vessels have been built by PT Bintang Timur Samudera in Indonesia and delivered to MH-O & Co to be operated for Orsted in its Hornsea Project One wind farm offshore England.According to designer Incat Crowther…
A new US-flagged inspection, maintenance and repair (IMR) vessel leverages three different propulsion systems for improved maneuverability and a high free running speed.The IMR vessel Paul Candies, built in 2018 by Louisiana builder Candies Shipbuilders and owned by its parent company Otto Candies…
Dutch offshore support vessel operator Glomar Offshore announced Thursday it has purchased a pair of support vessels from French owner Bourbon Offshore.The 2008-built Bourbon Arethuse and 2009-built Bourbon Amilcar will be renamed Glomar Worker and Glomar Supporter…
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