• 2013 June 13 14:10

    Atlantic Towing and Jaya seal second offshore deal

    Leading offshore energy services provider, Jaya Hol dings Limited, announces it has reached an agreement to sell a second new state-of- the-art anchor handling tug supply vessel Jaya Sovereign to Canadian buyers, Atlantic Towing Limited. The vessel’s delivery is expected by the end of 2013, said in the company's press release.

    The Jaya Sovereign is a sister ship of the Jaya Sup reme which was delivered to Atlantic Towing in November of last year. Both vess els are among the most sophisticated anchor handlers ever built at a Singa pore shipyard. In announcing the sale today, Jaya said Atlantic To wing’s decision to acquire the sister ship was due to the high quality performance of the Jaya Supreme (renamed the Atlantic Kestrel) since the company took delivery o f the vessel as well as the on-going demand for higher Ice Class vessels for work in Arc tic waters.

    Atlantic Towing Vice President Wayne Power said: “W e have been very pleased with all aspects of the performance of the Atlantic Kest rel since it’s delivery including the vessel specification, operation and the workmanship . We are sure the acquisition of the Atlantic Merlin (Jaya Sovereign) will prove to be j ust as successful and we look forward to receiving and operating another excellent vessel .” Jaya Holdings Chief Executive Officer, Venkatraman Shesheshayee said, “The sale of the Jaya Sovereign underlines our ability to delive r high quality vessels to customers at prices which reflect value as well as our unstintin g focus on high quality workmanship.

    This is a repeat order for a vessel which is among the most sophisticated ever built for the offshore sector here in Singapore. “The sale of Jaya Sovereign again shows that Jaya l eads the field in building this kind of high value, high specification vessel at prices which our customers find attractive.” He added that huge interest in Arctic Sea drilling means demand for “Jaya Sovereign” type vessels was rising. A recent licensing of 35 m illion acres of Russian Arctic to a Russian and international joint venture meant drill ing was anticipated annually through to 2020 on a seasonal basis. Leading international oil companies are planning pr ogrammes off Greenland in 2014 and 2015 as well, he said. “Jaya is one of few shipbuilders in Asia to have bu ilt ice class anchor handlers and is happy to take new building orders from interested o wners looking to capitalise on the surge in drilling activity,” he noted. 2 Jaya Sovereign’s main engines deliver more than 16, 000 bhp power output with a continuous bollard pull of over 200 metric tons.

    The vessel is being built to Wärtsilä’s exacting VS4622 design, with Clean Design notation from DNV that limits air emissions and sea pollution and a green passport to enhance f uture recyclability. For emergency oil spill response purposes, the vessel features oi l recovery tanks. Jaya Sovereign is manoeuvrable, its 22-metre beam g iving excellent stability even in the rough seas of the North Atlantic winter. Built with Dynpos-AUTR Dynamic Positioning (Class 2), the ship is fitted with two bow thrusters and two in the stern, 19- ton and 13-ton thrust apiece respectively. The vessel bridge is designed for Naut-OSV (A) nota tion, significantly enhancing navigation and communication capabilities. For work in areas close to the Arctic Circle, the v essel has DNV’s Ice-1A class notation, applicable for ships operating in broken channels m ade by breakers in first-year ice or in open waters with small floes. She is built to Comf-V(3) class, which keeps noise and vibration levels within strict parameters. Comfort Class is typically found on pas senger ships rather than OSVs, demonstrating strong commitment to the welfare of i ts crew complement, up to 45, it said. The vessel is fitted with a 400 tonne line-pull Bra ttvaag anchor handling and towing winch. It has additional spooling capacity for deep water work, twin sets of shark’s jaws, towing pins, and two remote control travelling cran es.

    Jaya Holdings is a leading Offshore Energ y Services Group, headquartered in Singapore. The Jaya Group provides a wide range of services and solutions to the offshore oil and gas E&P domain. Specialised offshore assets are designed and constr ucted to exacting quality standards and rigorous time schedules in our fully owned faci lities in Singapore and Indonesia (Batam).

    When required, Jaya also outsources constr uction to reputed builders whose infrastructure and quality standards have been audi ted comprehensively. Such outsourced construction is closely monitored and supervised by Jaya’s in-house team. Our fleet of specialised offshore vessels are desig ned and built to global standards and to be able to operate on a worldwide basis, supporting offshore E&P, marine construction, mining and marine-related activities. Jaya’s fleet is one of the youngest and most diversified in the region. Our QHSSE and Operations teams are superlative and constantly strive to deliver uninterrupted customer satisfacti on. Jaya’s current fleet consists of 28 vessels. The Group is led by a strong management team suppor ted by a dedicated and competent organisation focused on service excellence and cust omer delight. Its core group of senior executives each has industry experience of more tha n 20 years.


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