Credit: cmp klink/MarineTraffic.com
Singapore-based offshore energy services provider PACC Offshore Services Holdings (“POSH”) has agreed to buy the 119-meter long, DP-3 offshore construction vessel ‘BOA Deep C’ from Norway's BOA OCV AS. The vessel will be renamed ‘POSH Deep C’ and will join the POSH fleet in October 2022.
POSH said the addition of the multipurpose Offshore Construction Vessel (“OCV”), built in 2003, was part of its strategy to increase its service offerings. The financial details were not disclosed.
"The OCV’s versatility will complement the existing fleet with capabilities including subsea installation works and turnkey towage and installation services for the floating offshore wind and energy sector," POSH said.
POSH Deep C is capable of executing the installation of deepwater floaters, such as FPSOs, mooring installation and removal, installation of offshore floating wind structures and mooring systems, and Subsea Umbilical, Riser, and Flowlines (“SURF”) installation works.
‘POSH Deep C’ specs, as shared by POSH:
On August 8, BOA OCV said that it had entered into an agreement with what was then an undisclosed buyer to sell the subsea construction vessel BOA Deep C following the exercise of the Stock Accession Option by Nordic Trustee AS on behalf of the Bondholders of BOA OCV AS on July 28.
BOA OCV said at the time that the net sale price, together with certain unrestricted cash of the Issuer which may be available for distribution to the bondholders upon closing is expected to generate a distribution of approximately 25 - 35 percent of the current outstanding amount under the Bonds.
Europe's worst drought in years has pushed the mighty river Danube to one of its lowest levels in almost a century, exposing…
Classification society ABS reports it is supporting the first offshore supply vessel (OSV) in Malaysia to feature an innovative…
Dutch dredging and marine services firm Boskalis on Thursday slightly raised its 2022 profit outlook after a half-year earnings beat…
Around 20 ships are stuck in traffic along Germany's river Rhine, where low water levels have already impeded shipping this summer…
On 22-23 September, 2022 is the next highly successful International Dry Dock Conference.
Charlotte, NC - The towering green booms of SENNEBOGEN material handlers have long been a familiar sight in American port facilities and barge docks. In more recent years, though
Like many industries, shipping currently faces numerous notable challenges, but a recent research report on behalf of DTN revealed longer-term priorities.
Learn how simulation aids the design of electric propulsion systems in this free on-demand webinar
Subscribe for Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week
© 1996-2022 Maritime Activity Reports, Inc.