• 2019 February 16 12:13

    Telford Offshore beefs up its fleet

    International offshore service company, Telford Offshore, has concluded a recent acquisition which has resulted in the almost tripling of the number of its offshore assets. The Dubai headquartered business has acquired an additional DP3 pipelay and accommodation vessel, and six offshore support vessels following a legal settlement between Sea Trucks Group (STGL in liquidation) and West African Ventures (WAV), the Company said in a press release.

    Telford Offshore delivers cost-effective construction and project management solutions to the oil and gas industry, with a fleet of DP3 support vessels.

    The transaction allows Telford to grow and diversify its global offering, bringing its DP3 fleet numbers to five.

    The DP3 vessel, Jascon 30, is set to be dry docked in the coming months and upgraded in preparation for utilisation across the globe under its new name, Telford 30.  The vessel will be a uniquely capable asset which will be ready for deployment later in 2019.

    Meanwhile, the six offshore support vessels, which are all anchor handlers, will be deployed in Nigeria with Telford’s partner Afrimarine Charters.  They will be prepared to commence work on projects during the first quarter of 2019 as Telford moves to increase its presence and commitments in Nigeria and West Africa.

    Telford Offshore, which has a 300 strong team including marine crew, is operating worldwide with vessels currently in the Americas, Asia Pacific and Africa.

    Fraser Moore, Telford Offshore Chief Executive Officer, said: “Adding to our fleet with these seven assets allows Telford to further enhance our presence in West Africa and elsewhere. The Telford 30 in particular will offer a unique combination of DP pipelay, moored pipelay, heavy lift and accommodation support from one asset. Telford is now even better placed to support IOCs and other contractors by offering cost effective multifunctional vessel solutions across a range of project activities.

    Ivan Coyard, Telford Offshore Chief Financial Officer, added: “We are pleased to see the settlement enacted after two years of litigation, allowing Telford Offshore to manage and operate a larger asset base and to further build and develop the group. We will have a larger asset base, stronger balance sheet with no additional debt.”

    Telford Offshore is adaptable to client requirements and operates in the most challenging environments, delivering safe access to and support of offshore worksites.




2020 September 18

18:53 Russian ports switch to unified digital platform for daily scheduling of vessels layout and traffic
18:17 KR issues world’s first cyber security class notation to HHI for very large LPG carriers
17:59 Rosmorport takes part in TRANSTEC International Transport Corridors Forum
17:37 Land purchase in Saint Petersburg: new service center for SCHOTTEL in Russia
17:26 Start-ups invited to enter competition to win £75,000 grant to develop innovate port technology
17:11 New high-speed passenger ship put into operation in Yamal-Nenets Autonomous District
17:06 SEACOR Marine forms new Sustainability Council to lead enhanced ESG program
16:51 District awards $15.4 million contract to dredge Freeport Lower Stauffer Reach channel
16:48 DP World and Dubai Customs to assess opportunities to develop trade links between UAE and Israel
16:30 Gazprom Nedra and Marine Rescue Service test SeaDrone MG in Arctic conditions
16:09 SG-STAR Fund: First global tripartite initiative to support countries for crew change
16:02 IUMI raises concerns over increased accumulation risk for yachts and inland vessels
15:43 USCG releases new plan to protect global maritime security
15:08 CMA CGM informs of revised port charges in Ghana
14:51 Bunker prices are stable at the Port of Saint-Petersburg, Russia (graph)
14:24 Goods traffic between North Sea Port and hinterland by inland waterways continues to increase
14:07 Vostochny Port installs four more dust capturing units
13:10 Last jackets to leave Dubai and head for the Moray East offshore wind farm
12:53 Admiralteiskie Verfi shipyard starts assembling major equipment on two trawlers for RFC
12:22 Reconstruction of Klaipeda Seaport breakwaters to increase competitiveness of economy in Lithuania
12:01 Kalmar to support DP World’s continuing expansion at Caucedo with new terminal tractors and empty container handlers
11:03 Naming ceremony held for Japan’s first LNG bunkering vessel
10:48 BIMCO introduces new PIs and KPIs to help improve performance
10:16 ECSA publishes study on implications of EU ETS for shipping
10:10 Keel laying of Tallink’s newest vessel MyStar takes place in Rauma shipyard, Finland
09:54 Port of Oakland import volume up for third straight month
09:51 MABUX: Bunker market this morning, Sept 16
09:47 Tallink Grupp’s vessel Baltic Queen arrives in Riga for the first time
09:23 Oil prices rise after a recent decrease
09:09 Baltic Dry Index as of September 17

2020 September 17

18:05 Digital Twin Ready certification awarded to Furuno
17:54 Damen launches Marine Aggregate Dredger for Hanson
17:52 Verifavia launches industry’s first “3-Way Plug & Play” dashboard
17:41 Nord Star officially listed as first resident of RF Arctic Zone
17:30 ITF and IMEC contribute US$500,000 to the Singapore Shipping Tripartite Alliance Resilience
17:06 Azerbaijan State Marine Academy offers skills development and advanced training courses for ASCO employees
16:43 Ship banned in Australia for AUD $118,000 in unpaid crew wages
16:15 COVID-19 is negatively impacting the offshore energy insurance sector, but market is beginning to harden, says IUMI
16:00 Gasum secures contract with Celsa Armeringsstål AS including LNG deliveries and new terminal
15:42 Diana Shipping announces the sale of a Panamax dry bulk vessel
15:28 FESCO launches regular intermodal service for seafood delivery from Far East to China
15:18 MABUX releases Bunker Weekly Overview
15:09 IMO-Singapore webinar charts ways forward for decarbonisation of shipping
14:15 Bollinger awarded contract for state-of-the-art floating dry dock for the US new Columbia Class ballistic missile submarine
13:56 Bunker prices are going down in the Far East ports of Russia (graph)
13:32 LR accepted by MarinTrust as a new registered Certification Body
13:10 Rosmorport announces expansion of Onega seaport limits
12:33 Lead nuclear-powered icebreaker of Project 22220, Arktika, leaves for Murmansk on September 22
12:01 Konecranes wins order for two more mobile harbor cranes from ZHD Stevedores in the Netherlands
11:30 Abu Dhabi Ports’ Smart Container Initiative to cut emissions by half
11:05 New rail link opens between Oslo and the Port of Gothenburg
10:54 CMA CGM announces FAK rates from Pakistan to North Europe, North Africa and Mediterranean
10:52 Fleet of Rosmorport’s Astrakhan Branch expanded with Nerpa aerosleigh
10:29 Rosmorport signs contract with Marine Rescue Service for reconstruction of Vanino-Kholmsk ferry crossing
10:04 Powers of Konstantin Palnikov as RS General Director extended from October 2020
09:33 Oil prices decrease after a recent rise
09:16 MABUX: Bunker market this morning, Sept 17
09:11 Baltic Dry Index as of September 16

2020 September 16

18:05 Busan Port enhances protection of Gamcehon Port from COVID-19
17:52 Launching of trawler Vseslav and keel-laying of similar ship held in Svetly of Kaliningrad Region