L.A.T Cleveson (LATC), an Africa-focused investment firm has just signed an order with Damen Shipyards Group for four new offshore support vessels consisting of two PSV 3300 Platform Supply Vessels and two FCS 5009 Fast Supplier Vessels. The orders have come in via LATC’s subsidiary LATC Marine Ltd which has been gaining traction in Nigeria and the Gulf of Guinea region as a provider of marine vessel supply and offshore operation support services to the offshore oil & gas sector.
RS Platou Africa (RSP) was an advisor to LATC on the agreement and Mr Simon Pethick, Head of RSP’s Offshore Support Vessel & Drilling Units division, provided the following insight:
“For some years now, we have seen the need for Innovation in Vessel Designs of Higher Quality & Efficiency and especially sustainable services throughout Africa’s west coast operations. Hence, new – and newly built – tonnage is needed. At the same time, both businesses and governments need long-term stability to grow. This can only happen if the region develops the right skills and focuses on long-term relationships between owners, operators, suppliers, governments and financial institutions for the development of long term sustainability.”
PSV 3300 Lahama, image: Damen
Nigeria-based Fidelity Bank Plc, is providing the financial backing for the deal.
Mr Gbolahan Shaba, COO of LATC Marine comments: “Our aim is to redefine the concept of quality tonnage in the Gulf of Guinea and particularly in Nigeria. We plan to locally develop the necessary skill sets that will sustain our quality service to the most demanding clientele who run very complex operations in the most challenging environments.
Ultimately, our strategy is to attain the capacity to build and maintain quality tonnage in Nigeria. We anticipate strong demand for repair and docking services in our region and we plan to create the facilities to meet that demand, professionally and safely.”
The U.S. Coast Guard successfully rescued four people from the sinking 110-foot tug vessel Sea Ranger approximately 130 miles south of Cordova in the Gulf of Alaska on Friday. The...
BP has announced a significant oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, marking the company’s largest discovery in 25 years. The exploration well, designated 1-BP-13-SPS,...
The member Authorities of the Tokyo and Paris Memoranda of Understanding (MoU) on Port State Control will conduct a joint Concentrated Inspection Campaign (CIC) on Ballast Water Management. The three-month...
19 hours ago
Total Views: 1434
Get The Industry’s Go-To News
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
— just like 108,744 professionals
Secure Your Spot
on the gCaptain Crew
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
— trusted by our 108,744 members
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.