OSV

Laborde completes first OSV repower project

Covington, La., headquartered engine and genset distributor Laborde Products recently helped with the successful repowering of the M/V Mary Cheramie, marking the company’s first Offshore Supply Vessel (OSV) repower project.

The vessel, owned by Cheramie Marine of Larose, La., has been upgraded with two Mitsubishi Tier 3 S12R engines, each producing 1,260 HP at 1,600 RPM. These new engines replace the older Caterpillar 3512 units. With their fully mechanical design, the Mitsubishi engines...

https://www.marinelog.com/shipbuilding/shipyards/laborde-undergoes-first-osv-repower-project/

VIDEO: Successful OSV test of ammonia cracker and fuel cell combo

Bilbao, Spain, based H2SITE reports that ammonia cracking is gaining traction for onboard power generation as a means of producing hydrogen for use in PEM fuel cells. The company says that it has now successfully validated the first ammonia cracker to produce high-purity hydrogen for marine PEM fuel cell use. In a pilot, an H2SITE integrated membrane reactor has been installed and operated on board Zumaia Offshore’s offshore supply vessel Bertha B, operating in the Bay of Biscay.

Before hydrogen...

https://www.marinelog.com/technology/video-successful-osv-test-of-ammonia-cracker-and-fuel-cell-combo/

Uzmar cuts steel for new Buksér og Berging OSV

At a time when newbuild orders for offshore support vessels remain mostly confined to wind-specific vessels, Turkish shipbuilder Uzmar Shipyards has cut the first steel for a new OSV (offshore support vessel) for Norway’s Buksér og Berging. The Robert Allan Ltd. designed RAmpage 4100BB-H is designed to satisfy the general demands of the offshore industry and to be built for inshore and offshore worldwide operation.

According to Robert Allan Ltd., the vessel is intended to carry out towing,...

https://www.marinelog.com/offshore/uzmar-cuts-steel-for-new-bukser-og-berging-osv/

Tidewater in global value agreement with Caterpillar

Offshore services giant Tidewater Inc. [NYSE: TDW] has executed a Global Value Agreement (GVA) with Caterpillar covering its worldwide fleet of over 200 OSVs that operate in more than 60 countries.

Caterpillar says that its GVAs ensure comprehensive parts, service, monitoring and maintenance support to help reduce total cost of ownership (TCO) and increase uptime and availability. Tidewater will benefit from having a dedicated Caterpillar fleet manager to identify the most effective, efficient...

https://www.marinelog.com/offshore/tidewater-in-global-value-agreement-with-caterpillar/

Tidewater Upbeat on Offshore Support Vessel Market Recovery

The world’s largest offshore support vessel (OSV) owner and operator Tidewater Inc. is optimistic that the recovery for a continued recovery of the offshore vessel market as demand for oil and gas supplies increases. Tidewater saw rise last year to $647.7 million, an increase of 74.6% compared 2021 thanks to its acquisition of Swire Pacific Offshore. Overall, the Houston-based company reported a net loss of $21.7 in 2022, compared to a $129 million loss a year earlier. “As we mentioned in this...

https://gcaptain.com/tidewater-upbeat-on-offshore-support-vessel-market-recovery/

Tidewater: Earnings up, red ink down

“Tidewater is uniquely positioned to capitalize on what is looking to be a truly transformational period for vessel activity and day rate improvements over the next several quarters,” said CEO Quintin Kneen as Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) reported its results for the quarter ended March 31, 2022

Earnings were $105.7 million compared with $83.5 million for the prior year same quarter. Net losses were $12.2 million compared with $35.3 million for the...

https://www.marinelog.com/offshore/tidewater-earnings-up-red-ink-down/

ABS takes a look at next-gen OSVs

What’s the future for offshore service vessels? ABS describes its vision of the next generation of OSVs in a new publication launched at the Offshore Technology Conference (OTC), which is taking place in Houston this week.

Called “Insights into Future OSV Designs and Operations,” the publication paints a picture of vessels that will be carbon neutral, fully digitalized, highly automated and configured to provide clear operational visibility and the ability to track vessels, cargo, equipment and...

https://www.marinelog.com/offshore/abs-takes-a-look-at-next-gen-osvs/

NTSB: Why an OSV collided with a Coast Guard buoy tender, twice

The National Transportation Safety Board (NTSB) has issued its report into an October 11, 2020, incident in which an offshore supply vessel (OSV) twice collided with a U.S. Coast Guard cutter.

The first collision occurred near Texas Point, Texas, when the OSV Cheramie Bo-Truc No. 33 collided with the Harry Claiborne, a 175-foot coastal buoy tender, when traveling outboard for sea in the Sabine Pass.

Source: NTSN report

The OSV subsequently ran aground. The crew attempted to refloat the vessel,...

https://www.marinelog.com/legal-safety/safety-and-security/ntsb-why-an-osv-collided-with-a-coast-guard-buoy-tender-twice/

Braemar and Westwood: OSV market facing headwinds with 54% utilisation in 1Q2021

Braemar and Westwood: OSV market facing headwinds with 54% utilisation in 1Q2021

Mark Chesterfield, Managing Director, Braemar ACM Offshore.

Insights delivered as part of a new collaboration between Braemar and Westwood as they launch their quarterly Global Offshore Navigator report

Aberdeen, UK, 2nd June 2021: Despite projected demand recovery post-2020, the global offshore support vessel (OSV) market continues to face a utilisation challenge – this is according to collaborative research from Brae...

https://allaboutshipping.co.uk/2021/06/02/braemar-and-westwood-osv-market-facing-headwinds-with-54-utilisation-in-1q2021/

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