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2013 August 26   10:47

Jaya Holdings charters new build DP2 Platform Supply Vessel for US$20 million

Jaya Holdings announces it has signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” for a long term operation in the Indian Ocean, offshore Mozambique, said in the company's press release.

The two year contract, which includes charterer’s options has a value of more than US$20 million. Jaya Vigilant, designed as a large PSV, is now being upgraded with additional equipment required for the charter’s work scope prior to delivery from Jaya’s own yard in Batam, Indonesia at the end of September 2013. The work scope includes Remotely Operated Vehicle (ROV) support, survey work and core sampling in water depths of up to 2,000 metres and thus requires a 50 ton, subsea rated, deep water crane and a mezzanine deck for the ROV spread, as well as additional communications kit, survey pole equipment and enhanced passenger facilities on board. Jaya Vigilant is the second of Jaya’s large PSVs.

The first vessel in the series, “Jaya Valour” was upgraded and delivered at the end of July this year. She is operating on fracking and coil tubing projects in South East Asia under a term contract, as previously announced. Similar to her sister ship, Jaya Vigilant is highly versatile and customisable with full under deck cargo capacity for rig supply work and 1,000 square metres of clear deck space for either cargo or the installation of light construction equipment. The vessel has more than 5,000 tons of cargo deadweight capacity and both brine and mud tanks, in addition to fire-fighting equipm ent to FiFi 1 standard. She features a gym and an internet café onboard for passengers and crew, and complies with SPS 2008. With moulded beams of 20m and 8,000 brake horse power main engines, as well as two bow thrusters and two stern thrusters, Jaya Vigilant and her sister are built with excellent station keeping in mind. 2 Jaya Holdings’ CEO, Mr Venkatraman Sheshashayee, said today: “Jaya is proud to have secured this important contract in an exciting new market, where significant deep water gas discoveries have been made over the last few years.

Jaya Holdings is a leading Offshore Energy 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 constructed to exacting quality standards and rigorous time schedules in its fully owned facilities in Singapore and Indonesia (Batam). When required, Jaya also outsources construction to reputed builders whose infrastructure and quality standards have been audited comprehensively. Such outsourced construction is closely monitored and supervised by Jaya’s in-house team.

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