Hong Kong-based Kuma Shipping has ordered two ships of the new Ulstein P128 design, a design developed to serve the general PSV market related to work-over barges and jack-up rigs. “This is a design that combines low fuel oil consumption with high carrying capacity at an attractive price,” says Ove Dimmen, area sales manager in [...]
Norway’s Havila Shipping ASA has, on behalf of the 100% owned ship owning company Havila Offshore AS, entered into an agreement where the Rapid Response Vessel (RRV) Havila Runde is sold to Secunda Canada. The selling price is at booked value of the vessel and the sale will release liquidity of around MNOK 30. The sale [...]
Norway’s Havila Shipping has entered into new contracts with Statoil for PSV vessels Havila Clipper and Havila Crusader. The Havila Clipper contract is for a firm period of four months with four optional periods for one month. The Havila Crusader contract is for a firm period of six months with two optional periods each of three [...]
Norway’s GC Rieber Shipping has agreed to sell the 2D seismic vessel “Polar Explorer” to an undisclosed client. The vessel has been sold at book value, and the transaction will have a positive cash effect of approximately NOK 45 million (USD 8.19 million). The “Polar Explorer” (previously “Geo Explorer”) was acquired by GC Rieber Shipping [...]
Norway’s Olympic Shipping has declared an option for delivery of another subsea support and construction vessel of the MT 6022 MK II design at Kleven Maritime. Delivery date is scheduled for March 2014. Over the last two years Olympic has contracted 6 first class vessels at a value of in total NOK 3 billion at [...]
Subsea 7 will acquire Havila Shipping’s 50% interest in the joint venture, Acergy Havila Limited, Havila Shipping announced today. The joint venture owns the Diving Support Vessel “Seven Havila” which was built in 2010 and delivered to the joint venture in February 2011, upon which it immediately started a 10-year charter with Subsea 7. It [...]
Norway’s Olympic Shipping has taken delivery of the Olympic Taurus MT 6015 Offshore Supply Vessel from Kleven Verft. Olympic Taurus is a Multipurpose Offshore Vessel with diesel electric propulsion, low fuel consumption and high flexibility. The vessel represent a new generation of environmentally friendly and operational state of the art multipurpose vessels, where much attention is [...]
London-based investment advisory firm Archipelago Investment Partners (AI Partners) has teamed up with Red7Marine, a UK based marine engineering services firm, to launch a unique shipping fund. The new fund will aim to capitalise on the sustained growth in the oil & gas, renewable energy, mining and emerging economy sectors. The Marine Opportunities Fund will [...]
September 27, 2012 | Posted in
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Far Skimmer (STX PSV08 CD) has been delivered from STX OSV Vung Tau in Vietnam to Farstad Shipping Pte. Ltd. in Singapore, a wholly owned subsidiary of Farstad Shipping ASA. Upon arrival in Australia, the vessel will commence its long term commitment to Shell Australia related to their Prelude drilling campaign. A long-term facility has [...]
September 17, 2012 | Posted in
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The SINOPACIFIC Shipbuilding Group (“SINOPACIFIC”) has signed a newbuilding contract of 4 SPP35 platform supply vessels (PSV) and a Letter of Intention of 2 large SPP50 PSVs with SLOK Nigeria Ltd. The six vessels are scheduled to be delivered by the end of 2014. This marks the first time that independently designed offshore supply vessel [...]
July 23, 2012 | Posted in
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