SeaHold GeoShips expands vessel fleet

SeaHold GeoShips has expanded its fleet of multi-purpose offshore vessels.

Offshore staff

ABERDEEN, UK – SeaHold GeoShips has expanded its fleet of multi-purpose offshore vessels. The two new vessels Loch Erisort and Loch Roag bring the Aberdeen-based firm’s fleet up to three, while signifying a $140 million in additional financial commitment.

The new vessels, which are both of Vik & Sandvik VS470 design will be delivered in 1Q 2012 and 4Q 2012 respectively.

Specified as multi-purpose support vessels, they are capable of IRM, WROV support and general subsea duties and can be fitted with survey, ROV and diving equipment. The company says these vessels are suitable for work in a variety of areas, including the North Sea, Mediterranean, West Africa and Asia Pacific.

Kenny Macleod, chairman of SeaHold GeoShips, said: “We are delighted to be investing in our own fleet of vessels and this commitment underpins our ambitious growth plans for the next few years. Our growing fleet enables us to focus more attention on the emerging offshore renewable energy market, as well as improving our ability to support our offshore oil and gas customers.”

11/09/2011

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