Solstad Farstad Sells 2010-Built AHTS to DOF

Offshore service vessel giant Solstad Farstad has sold off its first vessel since its formation last month following the mega-merger of three leading OSV companies in Norway. The vessel, the 2010-built Far Shogun, an anchor handling tug (AHTS), was sold by Farstad Supply AS, a wholly owned subsidiary of Solstad Farstad ASA, to a DOF Group. Delivery of the vessel to its new … [Read more...]

Executive MBA Students Have Questions for the Anchor Handling Sector

Students from the Global Executive MBA program at the UCLA-NUS (National University of Singapore) have approached gCaptain recently with some fairly specific questions directed to the segment of our audience involved in anchor handling tug supply (AHTS) vessels. Their questions are part of their required Management Practicum that is intended to simulate a real-world … [Read more...]

Big Boy Toys: AHTS Anchor Handling Ops Tilt-Shift Timelapse

Here is some tilt-shift video showing a anchor handling operations aboard an AHTS. Tilt-shift photography uses a special high angle lens that creates the effect of a miniature, toy-like scene. The video was created by Martin Carlsson. Below is another one of his videos showing the dry docking of an AHTS in Norway. … [Read more...]

Teekay Enters Offshore Installation Business, Orders New Ships

Teekay Offshore Partners L.P. (NYSE:TOO) announced today that it will be entering the l0ng-haul ocean towage and offshore installation business with the acquisition of Netherlands-based ALP Maritime Services B.V. "The strong fundamentals in offshore oil and gas, combined with the large orderbook of floating offshore assets including FPSOs, FLNGs and drill rigs, are expected … [Read more...]