marcon international, inc. p.o. box 1170 9 nw front street, suite...

Marcon International, Inc. Vessels and Barges for Sale or Charter Worldwide

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Details believed correct, not guaranteed. Offered subject to prior sale or charter.

P.O. Box 1170 9 NW Front Street, Suite 201 Coupeville, WA 98239 U.S.A. Telephone (360) 678 8880 Fax (360) 678-8890 E Mail: [email protected] http://www.marcon.com August 2010

Supply & Tug Supply Boat Market Report Following is a breakdown of available supply and tug supply vessels we currently have as shipbrokers officially listed for sale worldwide. Not included are those available on a private and confidential basis.

Tug Supply Boats

Up Since Last Report Down Since Last Report

Market Overview Of 10,135 vessels and 3,529 barges tracked by Marcon, 2,358 are supply and tug supply boats. Tug supply boats officially on the market for sale have increased from 115 to 203 vessels over the one year period plus since July 2009, and is up nine vessels from May 2010. At the time of this report, 56 tug supply boats for sale were either built within the last 10 years or are newbuilding re-sales. 64.04% of the tug supply boats are 25 years of age or over. Counter-balancing these “old ladies” are 24 newbuilding resales, in the 4 – 12,000BHP range, scheduled for delivery in 2010 and 2011. Other vessels not officially on the market may be able to be developed on a private and confidential basis. 59.93% of foreign and 96.15% of U.S. flag supply / tug supply boats we have officially listed for sale are direct from Owners. So far in 2010, actual sales price of all vessels and barges sold by Marcon has averaged 85.66%. 2009’s average sales price to asking price was 93.12%.

Under

3,000HP

3,000 –

4,000HP

4,000 –

5,000HP

5,000 –

6,000HP

6,000 –

7,000HP

7,000 –

8,000HP

8,000 –

9,000HP

9,000 –

10,000HP

10,000 –

12,000HP

12,000HP

Plus Total

Feb 1997 12 26 19 19 8 14 9 0 2 2 110

Jan 1998 8 20 7 11 6 8 3 0 0 4 67

Jan 1999 5 20 9 9 4 5 5 0 0 2 59

Jan 2000 5 20 14 10 8 15 8 0 0 2 82

Jan 2002 7 18 15 10 7 19 8 1 2 2 89

Jan 2003 9 15 15 6 6 13 5 3 1 3 76

Jan 2004 5 13 8 9 6 10 7 2 8 14 82

Jan 2005 10 13 13 26 9 11 6 3 3 14 108

Jan 2006 8 22 18 13 6 7 5 4 2 10 95

Jan 2007 8 18 7 17 8 8 6 3 2 10 87

Jan 2008 3 21 8 17 8 8 1 0 3 13 82

Jul 2008 3 26 14 21 10 7 7 0 6 21 115

Oct 2008 2 18 12 17 12 5 6 0 2 13 87

Jan 2009 3 17 14 19 11 8 8 2 4 16 102

Apr 2009 5 22 13 25 11 10 11 4 6 17 124

Aug 2009 5 23 19 28 12 13 15 5 7 20 147

Nov 2009 5 26 21 48 14 15 16 6 9 20 180

Feb 2010 5 25 22 47 15 16 18 6 12 1 167

May 2010 6 33 26 41 15 20 18 6 7 22 194

Aug 2010 - Worldwide 5 31 31 38 20 18 20 8 8 24 203

Aug 2010 - U.S. 0 4 1 0 1 1 1 0 0 0 8

Aug 2010 – Foreign 5 27 30 38 19 17 19 8 8 24 195

Avg. Age Worldwide 1978 1979 1990 1998 1987 1981 1989 1988 1991 1994

Avg. Age U.S. - 1980 1983 - 1982 1975 1975 - - -

Avg. Age Foreign 1978 1979 1990 1998 1987 1981 1990 1988 1991 1994

For Charter Worldwide 5 7 18 38 8 14 14 4 22 19 149

For Charter U.S. 0 0 0 2 0 1 0 0 0 0 3

For Charter Foreign 5 7 18 36 8 13 14 4 22 19 146

Marcon International, Inc. Supply Vessel Market Report – August 2010

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The number of platform supply boats for sale increased from 75 to 136 since July of last year. There was a 15 vessel increase since the last report in May 2010. As of the time of this report, Marcon has available 20 supply boats built within the last ten years, which includes seven newbuilding re-sales scheduled for delivery in 2010 and 2011. 101 PSVs, or 74.26%, are 25 years of age or older, with the oldest PSV being built in 1967.

Platform Supply Boats

Under 150 – 160 – 170 – 180 – 190 – 200 - 220 – 240’

150’* 160’ 170’ 180’ 190’ 200’ 220’* 240’* Plus Total

Feb 1997 7 1 5 7 13 8 6 29

Jan 1998 2 1 7 5 5 0 5 25

Jan 1999 2 2 6 5 7 3 6 31

Jan 2000 2 3 13 12 17 4 9 60

Mar 2001 4 5 16 12 16 3 3 59

Jan 2002 2 6 17 12 17 2 5 61

Jan 2003 4 7 20 16 22 5 5 79

Jan 2004 2 7 13 10 32 7 19 90

Jan 2005 2 6 15 9 67 16 8 5 4 132

Jan 2006 5 3 12 7 60 9 7 6 6 115

Jan 2007 6 1 8 5 29 6 3 8 4 70

Jan 2008 2 2 7 5 23 3 4 1 4 51

Jul 2008 4 2 10 6 31 5 8 2 7 75

Oct 2008 3 0 5 4 29 7 4 1 3 56

Jan 2009 3 5 6 6 32 7 6 2 5 72

Apr 2009 3 5 7 7 22 5 6 8 7 70

Aug 2009 3 5 11 10 29 10 8 13 9 98

Nov 2009 2 3 12 11 36 11 8 21 11 115

Feb 2010 3 3 13 12 35 12 5 19 15 117

May 2010 5 4 14 12 36 13 5 18 14 121

Aug 2010 - Worldwide 4 4 12 11 46 16 10 20 13 136

Aug 2010 - U.S. 0 3 5 3 20 2 2 9 0 44

Aug 2010 – Foreign 4 1 7 8 26 14 8 11 13 92

Avg. Age Worldwide 1987 1997 1977 1980 1980 1983 1991 1991 1993

Avg. Age U.S. - 1992 1977 1981 1979 1987 2003 1985 -

Avg. Age Foreign 1987 2010 1977 1980 1981 1983 1988 1996 1993

For Charter Worldwide 3 4 8 7 11 3 10 6 16 68

For Charter U.S. 0 0 0 3 4 0 5 0 0 12

For Charter Foreign 3 4 8 4 7 3 5 6 16 56

Up Since Last Report Down Since Last Report


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Southeast Asia has edged out the USA as the dominant location for second hand tonnage with 22.1% vs. 14.7% of the vessels for sale. Far East, Mid East and Africa combined make up 36% of the market. The rest of the globe makes up the final 27.2% of locations. EMDs are the principal main engine suppliers to this sector and power 69 of the Supply & Tug Supply Vessels listed for sale, followed by CATs in 58. GM powers 23 vessels and Cummins in 12. MaK leads the foreign manufacturers with 28, then 18 each Wartsila and Yanmar, 15 Bergen, 13 Niigata and 73 units powered by other various engines. In addition to those for sale, Marcon has 217 straight supply and tug supply vessels listed for charter worldwide, down eight from May 2010. Crude Oil Prices

US$ Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Jul 10 Aug 10

WTI - Cushing, Oklahoma $78.33 $76.39 $81.20 $84.29 $73.74 $75.34 $76.32 $76.60

Brent - Europe $76.17 $73.75 $78.83 $84.82 $75.95 $74.76 $75.58 $77.04

Source: Energy Information Administration, Office of Oil and Gas.

Natural Gas

Est. Average Wellhead Prices Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Jul 10 Aug 10

Price ($ per Mcf) $5.14 $4.89 $4.36 $3.92 $4.04 $4.25 $4.36 $4.22

Price ($ per MMBtu) $5.00 $4.75 $4.24 $3.81 $3.93 $4.13 $4.24 $4.10

Source: Energy Information Administration, Office of Oil and Gas.

Worldwide Sale & Purchase News

Hornbeck Offshore have sold their supply vessel “Cape Fear” to Mexican based Central de Desarrollos Marinos SA de CV who are located in Santa Catarina, Neuvo Leon. Measuring 181’ in length, 40’ beam, the vessel is powered by twin EMD 12-645C diesels creating 3000bhp driving twin fixed pitch props. Built in 1983 at Moss Point Marine; Escatawpa, MS the vessel has 306m2 clear deck and carries up to 720mt of cargo. Underdeck capacities include 1,544bbl of mud, 4,000ft3 dry bulk, up to 100,000g rig water and 46,000g rig fuel. Vessel is classed with ABS.

GC Rieber Shipping and Acergy entered into an agreement for the sale of the subsea vessel “Polar Queen”. The vessel was built in 2001 by Hyundai in Korea, acquired by Rieber Shipping in 2005, converted to a flexi pipelay and light CSV in 2006 and is currently on long term charter to Acergy until 2012, after which Acergy has options to charter the vessel for another four years. The sale, which is expected to be concluded by the end of June, will generate about NOK 279 million (abt. USD 43 million) and earnings per share of about NKr 6.4.

Platform & Tug Supply Locations

Far East

12.1%

By Arrangement

4.1%

Mediterranean

4.4%

U.S.

14.7%

Southeast Asia

22.1%

Mid East

14.2%

Sout h Pacif ic

1.2%

Lat in America

3.5%Europe

4.1% Canada

0.3%

Caribbean

9.4%

Af r ica

9.7%


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Marsol Shipping Ltd. have sold their AHTS Vessel “Mar Sol XI” (ex Kundasang, Sungei Rajang) to Indian owners ARC Marine Pvt. Ltd. for an undisclosed price. The vessel was reflagged Indian and renamed “Manak 1”. Built in 1985 at Santan Engineering in Singapore, the 7,200BHP vessel is powered by four Wartsila 8R22 main engines driving a pair of controllable pitch propellers, has a Smatco Double Drum winch and a bollard pull of about 86T. The vessel is classed with ABS.

Topaz Marine confirmed the acquisition of the Multi-purpose Support Vessel (MPSV) “Ocean Commander” from Siem Offshore in Singapore. The vessel has been renamed “Topaz Commander” and joins Topaz Marines' fleet of around 100 vessels. The MPSV vessel was relocated to Vietnam under a contract with Adams Offshore Services Limited. Originally built in 1999 in Myklebust, Norway and launched as the “Ocean Lady”, the 84m, UT 745 design Platform Supply Vessel has been fitted with a 50T knuckle boom crane and helideck. The vessel is notated as a DP2 vessel and features twin thrusters aft, a tunnel thruster and drop azimuth forward. At 4,263mtdw and 840m² of clear deck space, “Topaz Commander” is among the largest vessels in Topaz's fleet. The sales price was estimated to be in low – mid $30m range. The vessel is now flagged St Vincent and Grenadines.

Tidewater Inc. have sold their 1991 Halter built PSV “Zhanna” (ex Bos, HOS Boss Hoss, Ronnie Roussel) to GAC World of the UAE. The vessel is powered by twin EMD 16-645E6 engines – producing 3,900BHP via twin fixed pitched propellers. The vessel has of 440m2 clear deck and has been reflagged to Kazakhstan registry which implies that GAC possibly intends to operate her in the Caspian.

L&M Bo Truc Rental of Galliano, Louisiana sold the “Cheramie Bo Truc # 21” to foreign buyers in Zanzibar who have renamed her “Fendercare 6”. Built in 1974 at American Marine Corp. of New Orleans, the 176’ x 38’ supply vessel is powered by twin GM 16V149s creating 1,800BHP. The vessel has been reflagged to the Republic of Tanzania.

Greatship Global Offshore Services Pte. Ltd, (GGOS) a Singapore incorporated subsidiary of Greatship (India) Limited which is a subsidiary of The Great Eastern Shipping Company Limited, has acquired “Greatship Abha”, an 80T anchor handling tug cum supply vessel on a sale and lease back arrangement. “Greatship Abha” has been sold and GGOS has terminated the bareboat charter simultaneously with its delivery to the buyers, on July 9, 2010. The vessel was built 2009 at Colombo Shipyard in Sri Lanka, powered by two MAK 8M25s totaling 7,180BHP driving controllable pitch props in kort nozzles. Measuring 211.1’ length overall x 49.2’ beam x 19.7’ depth x 16.89’ loaded draft, the vessel is classed Lloyds with the following notation: +100 A1 Offshore Tug/Supply Ship FiFi 1 DP(AA) + LMC UMS, IWS.


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The relatively newbuilt platform supply vessel "Seabed Viking" was sold and delivered on Tuesday, 24th August to Farstad Shipping Limited, a wholly owned UK subsidiary of Farstad Shipping ASA. The vessel will be renamed "Far Server". The vessel is currently on charter to AGR Petroleum Services AS. Fellow Norwegian owners Eidesvik AS / Norside AS were the sellers. A long-term facility of NOK 215 million has been drawn with DnB NOR Bank ASA to finance the vessel sale, believed to be close to NOK 300m (abt $49m). The vessel was delivered from Fjellstrand yard in February 2010 measuring 78.5m length overall, 17.6m beam and 7.7m depth. The DP 2 rated vessel is classed DNV with the following notation + 1A1, E0, SF, DK + HL (2.8), COMF-V(3), Naut-OSV, DynoPos, AUTR, LFL, Oil Rec, FIFI 1. It is powered by 4 MTU 2V400 creating 7,400BHP, that drive the two Schottel SRP azimuthing props.

Norwegian owners DOF signed an agreement regarding sale of two platform supply vessels (PSV) under construction at Cochin Shipyard Ltd. in India. The vessels have hulls no. 81 and 82. Expected deliveries from the yard are December 2010 and February 2011. Delivery to new owners will be back to back with delivery from yard. The sale of Hull 81 is firm without subjects. The sale of Hull 82 is subject to buyer’s financing. Named subject to be lifted latest within end August 2010. Price per vessel is USD 54 million. DOF ordered the Aker PSV 09 CD ships in the fourth quarter of 2007, paying NOK 490m ($91.14m) at that time.

The SCF Group’s fleet has increased further with the delivery of a supply vessel for the offshore oil producing platforms, named “SCF Sakhalin” (ex FESCO Sakhalin) from previous owners Far Eastern Shipping Corporation. The “SCF Sakhalin” is a supply vessel of the enhanced ice class and is on a long-term charter by Exxon Neftegas Ltd. to meet the demands of the producing platform for the Sakhalin-1 Project. The “SCF Sakhalin”, built in 2005 at Aker Finnyards, flying the flag of the Russian Federation, is 4,298dwt and measures 93.5m length overall x 21.23m breadth (moulded). It has a 730m2 clear deck area and deck cargo capacity of 1,500T. She is Ice Class 1A. The vessel is the second supply ship in SCF Group’s fleet engaged in servicing Russia’s oil and gas offshore projects. The first one – “Pacific Endurance” – was put into operation in September 2009 to serve the Sakhalin-2 Project. Referring to the SCF Sakhalin delivery, Aleksandr Kurtynin, Sovcomflot Vice-President, commented: “Expanding our fleet of supply vessels to meet the needs of producing platforms is an important element of the Sovcomflot investment programme.” The Sovcomflot Development Strategy for 2010-2015, approved by the Board of Directors, envisages “the creation of a national integrated offshore upstream services provider, centered on Sovcomflot, with a specific focus on operating in the harsh environment and ice conditions”.


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Charter News Solstad Offshore (SOFF) announced contracts for the AHTS vessels “Normand Borg” and “Normand Draupne”. Solstad Offshore ASA (SOFF) has been awarded a long term contract for the AHTS “Normand Borg” with Petrobras SA. The contract duration is 4 years firm with option for an additional 4 years. Commencement during 2nd half 2010. The value of the firm contract is approximately NOK 380 mill. SOFF has further entered into a contract with Gaz De France (GDF) for the AHTS vessel “Normand Draupne” for oil recovery- and rescue operations in the North Sea. Contract duration is 7 months firm 8 months option. Commencement during 3rd quarter 2010. The value of the firm part of the contract is approximately NOK 22 mill.

Solstad Offshore ASA also entered into a long term contracts for the AHTSs “Normand Atlantic” and “Normand Ivan”. The contracts’ duration is two wells firm with option for a further four wells. Murphy Semai Oil CO Ltd., Indonesia will employ the vessels in their operations in Indonesia. The vessels are currently employed under a long term contract with Murphy Sabah Oil Co Ltd, Malaysia. Commencement of the new contract is during 4th quarter 2010. Remaining contract period under existing employment in Malaysia (approximately 5 months firm with option for a further 12 months) are to be completed in direct continuation of the Indonesian operations.

Technip has been awarded by BP two significant contracts, with a combined total value in the region of £100 million (€120 million). The first award, a three year diving repair & maintenance (R&M) frame agreement contract with two further one year options, covers all diving and R&M activities for BP’s platforms, subsea fields and pipelines within the UK North Sea area. This award is effective immediately and represents the retention of a contract which Technip has held for the last five years. Technip’s operating center in Aberdeen, Scotland will execute the contract, using diving support vessels from the company’s suite of marine assets, including “Alliance”, “Wellservicer”, “Orelia”, “Skandi Achiever” and “Skandi Arctic”. The second award is a major engineering and installation contract for the development of the Devenick field, located 234 kilometers north east of Aberdeen. It covers project management, engineering, fabrication, installation and commissioning of the 33.5 kilometer pipe-in-pipe production pipeline, with 16” carrier pipeline, 3” piggyback methanol line and infield pipelines, comprising various flowlines and umbilicals. Technip’s Aberdeen operating center will also execute this contract, which is scheduled to be completed in 2011. Vessels from the Technip fleet will be used for the offshore installation campaign, including the new pipelay vessel, “Apache II”(pictured) , “Orelia”, “Skandi Arctic” and anchor handling tug supply vessel, “Normand Mariner”.

Siem Offshore and Statoil agreed a contract for the AHTS “Siem Topaz” for operations in the Barents Sea. The contract is for a firm period for three wells, with options for one additional well. The operations shall commence within year-end 2010. “Siem Topaz” is the sixth AHTS vessel in the series of eight new sister vessels to be delivered to Siem Offshore. “Siem Topaz” has a length of 91 meters, breadth of 22 meter, 28,000BHP, 500 tonnes winch and a bollard pull in excess of 300 tonnes. “Siem Topaz” is scheduled for delivery in July 2010. The fifth AHTS vessel “Siem Ruby” was delivered to Siem Offshore in mid-July 2010 and joined the fleet of sister vessels already in operation.


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Deep Sea Supply has entered into a LOI for their two 15,000BHP KMAR 404 type AHTS vessels “Sea Panther” and "Sea Tiger", built in 1999 and 1998 respectively, with Maersk Oil Brasil Ltda. for operations in Brazil. The contract period is 7 months plus options, and expected duration is 9 months. Commencement is around 01 October 2010, hence the 73.5m x 16.4m x 8.0m depth vessels will mobilize from current area of operation in September.

Bourbon and Oceanteam, through their Oceanteam Bourbon 4 AS joint-venture company, signed a long term charter contract with TS Marine, an Australian based Subsea Contractor. The multipurpose vessel “Bourbon Oceanteam 104” will primarily be operated by TS Marine in the Far East for offshore field installation, maintenance and decommissioning. “Bourbon Oceanteam 104”, a sistership of “Bourbon Oceanteam 101”, is currently under final completion in Denmark for delivery in Asia during fourth quarter 2010. The two vessels were built by Vigo yard in Spain to the demanding DNV + 1A1, DYNPOS-AUTR, EO, DK (+) CLEAN DESIGN classification. With 2,400m2 of useable deck space and accommodation for 120 people, “Bourbon Oceanteam 104” is a 137m DP2 large and very capable multipurpose vessel configured with a Hydramarine 250T AHC primary subsea crane and a secondary Natoil 90T AHC subsea crane.

Orders STX Norway Offshore entered into a new contract with Olympic Shipping to built a LNG powered Platform Supply Vessel. The vessel is of the STX design PSV 06 LNG and will be delivered in Q1 2012. The new vessel was designed by STX Norway Offshore Design in Ålesund. The hull is to be built at Tulcea, Romania at Aukra. The approx. 95m length overall by 20m breadth moulded, 5,000dwt vessel will be built according to the latest SPS regulations, which will give excellent stability under all weather conditions and the highest levels of security for crew. "We highly appreciate Olympic Shipping being back with us with another Newbuilding project", says Roy Reite, President of STX Norway Offshore. "We look forward to working together with Stig Remøy and his team, and are very content with his choice of our new and innovative environmental friendly vessel." Liquefied Natural Gas (LNG) is an environmental friendly combustion fuel with NOx and CO2 emission far below any fuel oil based engine. STX Norway Offshore has in the past delivered six LNG powered vessels and has, including this new contract, in total five LNG powered vessels under construction.

Solstad Offshore ASA also entered into a contract with STX Norway Offshore AS (STX) for construction of one 5,000dwt Platform Supply vessel of PSV 12 LNG design. The value of the contract is approx. NOK 450 million and delivery is scheduled for November 2011. The vessel will be able to run on LNG, Biofuel and ordinary marine diesel oil. The vessel is designed by STX according to Clean Design class with focus on low fuel consumption and environmental friendly operations. The vessel will further be arranged for rescue operations and oil recovery operations. The hull for the vessel will be built in Romania and outfitted at STX Langsten in Norway.


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Supply Service from the Faroe Islands ordered building of one Havyard 832 L PSV. The ship is to be delivered August 2011and will be built at Havyard Leirvik AS in Norway. The vessel is NB No. 102 and contract value for the newbuilding is somewhat over NOK 300 million. The owner, Supply Service is an innovative company with its roots within fisheries. They started their offshore venture by ordering the first Havyard 832 PSV design, ”Eldborg”, which was delivered in 2009. In a short period of time the company has proven their abilities and has received good feedback from oil companies and other charterers utilizing their services. Supply Service is now using their good experiences with Havyard 832 and has provided useful input to Havyard Design in the process of developing the Havyard 832 L. Havyard 832 L is a further development of the previously designed and delivered Havyard 832s. The experience from previous designs and feedback from shipyards and ship owners makes the Havyard 832 L an even more market adapted and building friendly design. The excellent capabilities from the previous ships will be continued and developed with regards to operating economy, large, flexible cargo capacity, good comfort for the crew and minimal negative effects to the environment (Clean Design, optimized hull lines, diesel-electric propulsion, catalysts, etc.). Havyard 832 L is a large medium sized PSV, well equipped for offering most types of service and supply work required by the offshore oil industry. In addition to large, flexible cargo capacity the Havyard 832 L will be equipped for oil recovery (NOFO 2009), stand-by /rescue services and Fire Fighting. The vessel measures 86m length overall by 17.6m breadth with 4,200Tmtdw capacity and a 900m2 deck area. Speed is 15 knots and she can accommodate 24 persons. The Havyard 832 design has become a great success for Havyard Group and the ship owners ordering this design. This contract which is for a Havyard 832 L platform supply ship is the tenth in a row of this design type. Havyard 832 has defined a new segment of medium sized PSVs and offer higher cargo capacities, better flexibility, better sea keeping abilities and lower fuel consumption than competing designs. The proof of this is that almost all of the so far ordered Havyard 832 has long term charters and that Marcon gets very positive feedback from ship owners and crew operating the ships of this design. This is also reflected in the high market value of these ships today. Houston-based J Ray McDermott and Oceanteam ASA have awarded a contract to build the high capacity rigid-reeled pipe-lay vessel “North Ocean 105” to Metalships and Docks shipyard in Vigo, Spain. “North Ocean

105” will be able to install flexible products including submarine cables, umbilicals and flexible pipelines, rigid-reeled pipelines, subsea components and hardware, as well as deepwater moorings for floating facilities. The anticipated delivery date of “North Ocean 105” is early 2012 and the vessel will be built under the Spanish Tax Lease structure. The vessel is fully financed and has a five year charter in place starting upon delivery between joint Norwegian shipowning company and J Ray McDermott. Oceanteam ASA has a 25% minority interest in the Norwegian shipowning company. “North Ocean 105” is the fifth vessel in the North Ocean 100 series and the parties expect to benefit from the efficiencies gained during the building of the previous four vessels.


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China’s leading private shipbuilding company, Sinopacific Shipbuilding Group signed a frame agreement with French offshore and marine service provider Bourbon Offshore. The agreement indicated that Sinopacific will build 62 ships worth approx. 7 billion RMB (US$ 1 billion) for Bourbon in the coming years. Ships to be built include platform supply vessels, anchor handlers vessels, etc. This is the largest ship building order in China after the global financial crisis in September 2008. The large order reinforces Sinopacific’s lead position as the world’s biggest offshore vessels builder, impelling its fast growth. It will also accelerate the upgrade

of Zhejiang and China’s shipbuilding industry. The agreement signing ceremony was held in Ningbo Shangri-La Hotel, deputy mayor of Ningbo Ms. Yu Hongyi, Mr. Zhu Hongjie, Vice President of The Export-Import Bank of China and Mr. Jacques de Chateauvieux, Chairman & CEO of Bourbon Corporation, Simon Liang, Chairman of Evergreen Industries Holding Group Holding Group & Chairman of Sinopacific Shipbuilding Group, Qiang Jiang, President of

Evergreen Industries Holding Group attended the signing ceremony. “Sinopacific is a reliable strategic partner in China, and our cooperation in the past years has proven that they can build ships that are able to meet our strictest quality standard. After working together for several years, we have found the best way to cooperate,” said Mr. Jacques de Chateauvieux, “We also see Sinopacific’s integrated service as an important factor for us to select them, where they are able to provide designing and shipbuilding services, and this simplify the process.” “We are quite determined to develop ourselves as an international player. Bourbon is an important partner that will assist us to achieve our goal, and we have built 100 ships for Bourbon so far,” commented Mr. Simon Liang, Chairman of Sinopacific Shipbuilding Group, “Bourbon faith in us to build these ships is a strong indicator of our capabilities, this is also the result of constant upgrade to our technologies and our insistent on high quality production.” Created in 2003 by the initial purchased of privatized Zhejiang Shipbuilding Yard and the adjunction of Dayang Shipbuilding Yard in Yangzhou, Jiangsu province, Sinopacific Shipbuilding Group is a privately owned Chinese shipbuilder focused on commercial vessels and niche markets like offshore, LPG, bitumen, etc. In 2009 Sinopacific Shipbuilding Group delivered around 53 vessels for a total turnover of above US$ 2 billion. It employs directly or through subcontractors a total of 22,000 persons. Following a private placement in 2007, Sinopacific Shipbuilding Group has applied to be listed on the A-share market of Shanghai Stock Exchange. Heerema Marine Contractors (HMC) signed a letter of intent with Daewoo Shipbuilding and Marine Engineering Co., Ltd., Korea (DSME), to build a new Deep Water Construction Vessel. The new-build will be an investment of US$ 600-700 million. For this investment HMC selected to build a monohull vessel with the capability to execute complex deep water infrastructure and pipe line projects in ultra deep water, and also with sufficient lifting capacity to execute installation of fixed platforms in relatively shallow water. A key attribute of the vessel will be its fast transit speed. HMC believes this will complement its existing fleet providing a unique fleet composition, which will allow HMC to continue to offer unrivalled services to the offshore oil and gas industry on a world-wide basis. DSME has been awarded the design, engineering, procurement, construction, installation, commissioning and testing of the vessel. Huisman will be responsible for the cranes, tower and reels. The vessel is scheduled for completion of all tests & trials by mid-2013. Jan Pieter Klaver, CEO of HMC, said, “With this new Deep Water Construction Vessel, HMC will reinforce its unique position in the deep water pipelay market. We are confident that with DSME and Huisman we found reliable partners who can build a key asset that will assist us in expanding further into more ultra deep and complex SURF projects globally.” The new 210m long self-propelled vessel will be fitted with a pipelay tower for J-lay (tension capacity of 2,000mt) and reeling. A crane with a revolving lift capacity of 4,000mt is installed together with deepwater lowering equipment to reach a water depth of 3,500m, which is compatible with Heerema’s Deep Water Construction Vessel “Balder”. Vessel will also be equipped with DP 3. The hull configuration is specially designed for fast transit speed and optimum motion characteristics in operation whilst the maximum pipe payload is 4,500mt. The deckhouse is designed to the latest standards and can accommodate 289 persons.


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Incat Crowther is assisting Gulf Craft, Patterson, La. with the design of a 225’ length overall, aluminum monohull, DP-2 fast supply vessel. The vessel will be operated by Gulf Offshore Logistics LLC, which in January announced plans to build an additional eight deepwater offshore support vessels - four large DP-2 fast supply vessels at Gulf Craft and four 300’ class DP2 diesel electric platform supply vessels from Thoma-Sea Builders LLC in Lockport, La. Incat Crowther's offices in the U.S. and Australia will be supporting Gulf Craft with an

extensive design package. This includes hull form optimization, U.S. tonnage compliance, full structural design with finite element analysis, as well as systems design including electrical and piping, and stability analysis. Incat Crowther will also provide consulting services to assist Gulf Craft's production staff with the procurement and integration of various vendor-supplied systems. Gulf Craft has had significant input into the design of the vessel, including the development of the outboard profile and general arrangement, and also the specification, selection and arrangement of the vessel's equipment. The 225’ length overall (200’ length waterline) x 36’ beam x 6.83’ hull draft design provides a 4,380ft2 cargo deck - set to be the largest ever on a Fast Supply Vessel. The clear deck is nearly 150 feet long and is designed to carry 500LT of deck cargo. Forward of the cargo deck is the two-deck superstructure. On the upper deck, the wheelhouse features both a forward control station and an aft-facing DP station with 360-degree visibility. Gulf Offshore Logistics places a high value on operational safety, and this has been taken into account with the layout of the upper deck. The main deck cabin features 84 business class seats, a toilet and luggage bins, as well as stairs down to the crew accommodations below decks. These feature a spacious galley and mess area, laundry and toilet facilities and berths for 8 crew members. Forward of the crew accommodations is the thruster room, housing three Thrustmaster TT200ML tunnel thrusters. Aft of the crew accommodations are the ship's tank spaces, including fuel and water for both ship's operation and cargo. The vessel has capacity for 51,320 gallons of cargo fuel oil, and 66,290 gallons of cargo fresh water. The combination of this liquid cargo with the deck cargo gives the vessel a maximum deadweight of nearly 600 long tons. An electrical room is situated amidships, with three Caterpillar C9 gensets and the vessel's main switchboard. The vessel will be powered by four Caterpillar 3516C diesel engines, each rated at 3,004BHP @ 1,800RPM. Each engine will drive a Hamilton HT-900 water jet, giving the vessel a top speed in excess of 35 knots, and a service speed of 25 knots while carrying 250 long tons of deadweight. Delivery is set for 2012. DOF announced a new contract with STX Brazil Offshore of Niteroi for the building of two Anchor Handling Tug Supply vessels of AH 11 design. The vessels are scheduled for delivery in 2012 and 2013. These 93m length overall by 22m breadth (moulded) vessels are the first of the new AH 11 design from STX Norway Offshore Design in Ålesund, designed with special focus on deep water operations. Norskan Offshore is a subsidiary of DOF ASA. Norskan has been awarded four eight year contracts with Petrobras for large AHTS vessels. Two of the charter contracts are for vessels under construction of the powerful and sophisticated AH 12 design built up to 300 / 350 tonnes bollard pull for high water depths and rough water / weather conditions plus two of the contracts are based on the new AH 11 design.


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Kleven Maritime has entered into a contract with Olympic Shipping AS for the delivery of one + one (optional) advanced Multi Purpose Field Supply & Construction Vessel of the MT 6015 design, a brand new design by Norwegian design company Marin Teknikk AS. The vessels are to be built at the yard Kleven Verft in Ulsteinvik, Norway, with delivery dates set for January and June 2012. “These contracts are highly welcome for Kleven Verft and Kleven Maritime,

contributing to our capacity being fully utilized the next two years” states CEO Ståle Rasmussen of Kleven Maritime. For the owner this is also a day to celebrate: “We are looking forward to cooperating with Kleven Verft and Kleven Maritime, and we are certain we have elected a design for the future as well as a yard with an efficient method of building” owner Stig Remøy of Olympic Shipping comments. The vessels represent a new generation of environmentally friendly and operational state of the art multipurpose vessels, where much attention is put on fuel economy, low emissions and large capacities both above and below deck. Class notation Ice C provides for suitability in northern areas, and the vessels will be equipped for oil recovery operations (NOFO 2009). 4,800T Deadweight, dimensions 93.8m length by 20m beam, deck space 1,060m2. The accommodation area has a capacity of 60 persons. The MT 6015 is being built in accordance with the new SPS code, and will include facilities that will make the vessel very well suited to ROV and subsea construction work. The contracts will bring large subcontracting orders for local suppliers like Hareid Elektriske Teknikk and Rolls-Royce Marine. Contract value is NOK 385 million per vessel (abt. US$ 62m). Norway's shipyard Kleven Maritime has also won platform supply vessel contracts from Eidesvik Offshore and from Meling Supply AS. The Eidesvik order covers the delivery of an advanced PSV of VS 489 LNG design for delivery during the first quarter of 2012, with an option for a second vessel in fourth quarter 2012. These vessels are to be outfitted at Kleven Verft in Ulsteinvik. They represent a new generation of environmentally friendly platform service vessels with great emphasis on fuel economy, low emissions and large capacities both below and on deck. Light ice class (Ice “C”) makes them suitable for northern waters. Sophisticated equipment for oil recovery (OIL REC NOFO 2009) and capacity for standby vessel further increases their market value. Deadweight is 6,500 tons, dimensions 90m length by 21m beam and over 1,050m2 of clear deck space. Four LNG dual fuel engines ensure low NOX emissions (85% reduction) and significantly reduce CO2 emissions (25% reduction). A new state of the art system for purifying ballast water is installed, a requirement to be implemented for vessels of this kind. The contract value is NOK 440 million (abt. US$ 69m) for the first vessel. Kleven’s order for Meling Supply AS referred to above is for one multifunctional PSV of VS 485 design for delivery 28th February 2011. This is the third VS 485 design contract won by Kleven Maritime within a month. The VS 485 for Meling will be outfitted at Kleven Maritime's Myklebust shipyard in Gursken, Norway. Again, this is a new generation PSV with a design emphasis on low emissions, fuel economy and optimized cargo capacity both above and below deck. Ice class “C” makes the vessel suitable for operations in the north, and oil recovery equipment (OIL REC) adds further value to the vessel in the market. Approx. 4,500T DWT, dimensions 88m length overall by 20m beam and a clear deck space aft of approx. 1,000m2. The vessel has accommodations and certification for 64 persons and the hull is prepared for potential future installation of a crane and a helicopter deck. The contract value is approx. NOK 375 million (approx. US$ 60 million).


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Ulsteinvik, Norway, headquartered Island Offshore -- in which Edison Chouest Offshore is a partner -- will use LNG fuel in two platform supply vessels ordered at STX Offshore Norway as they further expand their fleet. The

vessels are scheduled for delivery in the second and third quarters of 2012. The PSV hulls will be built at the Braila shipyard in Romania, and outfitted in Brevik, Norway. The total value of the contracts amounts to approx. NOK 900 million (about US$ 143 million). The vessels are Rolls-Royce UT-776 CDG design and are 96m long with a beam of 20m, capable of transporting all normal offshore supplies. The two ships will also be equipped for oil recovery. Deadweight carrying capacity is approximately 4,750mt. Island Offshore has four UT-776s currently in service and two more under of this design under construction. The vessels just ordered at STX Offshore Norway will be the first though for Island

Offshore to be LNG-fueled and, in fact, the first LNG fueled UT design vessels designed and powered by Rolls-Royce. "We are extremely happy with the performance of these UT vessels, as are our clients," said Island Offshore Managing Director Håvard Ulstein. "A very important area for Island Offshore is reduction in fuel consumption. With the UT 776, the favourable hull lines contribute to a very low consumption rate over a wide range of operating drafts. We believe that the most significant contribution to reducing emissions is to reduce fuel consumption for a given amount of work done. Going for LNG fuel is a logical step in reducing emissions even further." Rolls-Royce has worked for several years developing designs and systems for offshore vessels using LNG as fuel. Rolls-Royce has developed a gas-electric diesel-electric propulsion system for the new vessel. The effective capacity of the gas tanks is about 200m3, corresponding to 10-20 day operation on gas alone depending on the exact operational profile. The gas engines are two of the new Bergen C26:33 series from Rolls-Royce. "Now that more gas infrastructure is in place, it is realistic for customers to select this fuel and these designs and systems" commented Atle Gaasø, Rolls-Royce's General Manager Sales for offshore service vessels. "We are very happy to be working with Island Offshore, as they are a very forward-thinking company with a strong focus on efficiency and the environment, as they have already shown with their pioneering Rolls-

Royce designed well intervention vessels." "The UT 776 type has seen continued development from order to order, with our newest vessels building upon the experience and lessons learned from our earlier ones. By choosing this design we have managed to maintain high levels of standardization, and continue the good cooperation on design and equipment we have with Rolls-Royce. The current design sets a standard that we think will do very well for the future," added Håvard Ulstein. Roy Reite, President of STX Norway

Offshore, says: "We appreciate the good relations we have with Island Offshore, and that this cooperation once again has led to the building of new vessels. We have in total been awarded more than thirty new building contracts with Island Offshore, and we look forward to continuing the good cooperation."


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Supply Vessels Worldwide According to Lloyd’s Register Fairplay Seaweb, as of August 3rd, 2010, there were 6,009 “sea-going” supply vessels over 100GRT worldwide. This is up .89% or 53 vessels since our last report in May. Total horsepower of this fleet is 31,613,107BHP. This is up 881,114BHP or 2.87% since our last report. The largest national fleet of supply vessels worldwide in horsepower and count sails under U.S. registry. The U.S. operates 968 sea-going supply vessels over 100GRT, or 16.11% of the world market, totaling 3,897,745 horsepower (12.33% of the global horsepower) with a 15 year average age. The registry with the youngest supply vessel fleet is Sweden, with four 2010-built vessels totaling 73,380BHP.

Top 50 “Sea-Going” Supply Vessel Fleets By Units as of August 2010 According to Lloyds Register

Flag Total BHP % #SVs % Avg BHP Avg Age

Worldwide 31,613,107 100.00% 6,009 100.00% 5,261 1994 United States Of America 3,897,745 12.33% 968 16.11% 4,027 1995 Singapore 2,868,024 9.07% 459 7.64% 6,248 2006 Panama 1,621,666 5.13% 387 6.44% 4,190 1987 Malaysia 1,328,347 4.20% 281 4.68% 4,727 2004 Vanuatu 1,747,764 5.53% 279 4.64% 6,264 1997 Norway 3,121,074 9.87% 235 3.91% 13,281 2003 Mexico 753,724 2.38% 208 3.46% 3,624 1990 China, People's Republic Of 947,329 3.00% 207 3.44% 4,576 1991 India 982,895 3.11% 200 3.33% 4,914 1993 St Vincent & The Grenadines 833,636 2.64% 176 2.93% 4,737 1995 Unknown 502,126 1.59% 170 2.83% 2,954 1982 United Arab Emirates 435,018 1.38% 156 2.60% 2,789 1987 Brazil 946,172 2.99% 155 2.58% 6,104 2000 Indonesia 369,274 1.17% 129 2.15% 2,863 1988 Nigeria 380,614 1.20% 114 1.90% 3,339 1984 United Kingdom 585,945 1.85% 112 1.86% 5,232 1994 Bahrain 431,844 1.37% 93 1.55% 4,643 1997 Marshall Islands 520,929 1.65% 93 1.55% 5,601 2002 Italy 474,852 1.50% 84 1.40% 5,653 1990 Norway (Nis) 675,051 2.14% 64 1.07% 10,548 2002 Bahamas 445,950 1.41% 61 1.02% 7,311 1995 Cyprus 430,388 1.36% 61 1.02% 7,056 2002 Liberia 443,481 1.40% 60 1.00% 7,391 1998 Belize 309,400 0.98% 58 0.97% 5,334 1986 Egypt 203,204 0.64% 55 0.92% 3,695 1985 Azerbaijan 281,384 0.89% 53 0.88% 5,309 1987 France (Fis) 372,308 1.18% 52 0.87% 7,160 2005 Denmark (Dis) 637,165 2.02% 47 0.78% 13,557 1999 Russia 393,044 1.24% 45 0.75% 8,734 1991 Isle Of Man 541,936 1.71% 43 0.72% 12,603 1997 Comoros 139,707 0.44% 42 0.70% 3,326 1982 Honduras 80,688 0.26% 42 0.70% 1,921 1973 Luxembourg 272,653 0.86% 42 0.70% 6,492 2008 Iran 149,407 0.47% 39 0.65% 3,831 1980 Vietnam 214,812 0.68% 39 0.65% 5,508 1992 Netherlands 255,458 0.81% 35 0.58% 7,299 1998 Trinidad & Tobago 58,646 0.19% 35 0.58% 1,676 1986 Canada 317,063 1.00% 33 0.55% 9,608 1987 Japan 57,520 0.18% 32 0.53% 1,798 1981 Qatar 137,905 0.44% 32 0.53% 4,310 1995 Antigua & Barbuda 305,634 0.97% 28 0.47% 10,916 2001 Venezuela 58,510 0.19% 26 0.43% 2,250 1980 Australia 86,425 0.27% 25 0.42% 3,457 1993 Dominica 92,188 0.29% 25 0.42% 3,688 1981 Kazakhstan 71,915 0.23% 24 0.40% 2,996 1995 Saudi Arabia 76,633 0.24% 24 0.40% 3,193 1990 Cayman Islands 156,828 0.50% 23 0.38% 6,819 2001 Kuwait 81,775 0.26% 22 0.37% 3,717 1998 Malta 170,243 0.54% 20 0.33% 8,512 1995 Turkmenistan 73,513 0.23% 20 0.33% 3,676 1980


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New Construction, Shipyard and Conversion News New construction continues, but at a declining pace. According to “Fairplay”, as of 3 August 2010, there were 9,478 ships over 299GRT on the World Orderbook. This is down 361 or 3.67% from 9,839 May 2010. Of the 9,478 ships recorded on order, 666 (down 74) are Offshore Supply Vessels and 152 (down four) are designated as “Offshore – Other”. Of the 666 OSVs under construction, China leads the Orderbook with a total of 236 (down 14) OSVs being built. They are followed by India at 73, Malaysia 51, Singapore 48, USA 47, 29 each Brazil and Indonesia, Romania and the UAE 17 each, 16 Japan, 15 Spain, Italy 12, Norway 11, 9 Vietnam, 8 Turkey, the Netherlands 7, 6 each Sri Lanka and Ukraine, 5 Thailand, Poland, Russia and South Korea 4 each, 2 each France and the Philippines, and 1 each Australia, Canada, Chile, Egypt, Germany, Iran, Saudi Arabia and the United Kingdom.

Worldwide Offshore Supply Vessels On Order Over 299 GRT

0

25

50

75

100

125

150

175

200

225

250

China (PRC)

India

Malaysia

Singapore

USA

Brazil

Indonesia

Romania

UAE

Japan

Spain

Italy

Norway

Vietnam

Turkey

Netherlands

Sri Lanka

Ukraine

Thailand

Poland

Russia

South Korea

France

Philippines

Australia

Canada

Chile

Egypt

Germany

Iran

Saudi Arabia UK

Credit: Fairplay New buildings Online 08/10

The below graph shows the estimated delivery dates for those OSVs on order.

Delivery Dates Worldwide Orderbook

For Offshore Supply Vessels Over 299 GRT

0

25

50

75

100

125

150

1Q 2010

2Q 2010

3Q 2010

4Q 2010

1Q 2011

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

3Q 2012

4Q 2012

1Q 2013

2Q 2013

3Q 2013

Credit: Fairplay Newbuilding Online 08/10


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CAT power lead by far the propulsion packages, with engines in 153 OSVs followed by Cummins in 101, Wartsila in 59, MaK 50, Yanmar 42, Bergens 41, MAN-B&W 26, Niigata 25, General Electric 17, Chinese Standard Type 12, 6 each Guangzhou, Mitsubishi and M.T.U., Daihatsu 4, A.B.C. and EMD 2, and Hyundai Himsen, Rolls Royce and Weifang with 1 each. Engines were not listed for 111 OSVs.

Summary of Engines Worldwide Offshore Supply Vessels

Orderbook Over 299 GRT

0

25

50

75

100

125

150

175

Caterpillar

Unknown

Cummins

Wartsila

MaK

Yanmar

Bergens

MAN/M

AN-B&W

Niigata

GE

Chinese Std Type

Guangzhou

Mitsubishi

MTU

Daihatsu

A.B.C.

EMD

Hyundai Himsen

Rolls Royce

Weifang

Credit: Fairplay Newbuilding Online 08/10 The highest portion of OSVs over 299GRT being built worldwide are in the 3 – 4,000HP category with 126 OSVs, or 18.9% of those OSVs where the horsepower is listed. Followed by 17.0% being built in the 5 – 6,000HP and 10.4% in the over 10,000HP categories. Only 3 OSVs are shown under 1,000BHP, but this is most likely because most of the OSVs being built in this horsepower range will be under 299GRT.

Summary of Horsepower – Fairplay Worldwide Offshore Supply Vessels Orderbook over 299GRT Under 1,000 – 2,000- 3,000- 4,000- 5,000- 6,000- 7,000- 8,000- 9,000- Over 1,000HP 1,999HP 2,999HP 3,999HP 4,999HP 5,999HP 6,999HP 7,999HP 8,999HP 9,999HP 10,000HP

Unk. Total

OSVs 3 20 50 126 51 113 43 38 24 15 69 114 666

Deliveries

Solstad Offshore took delivery of their new PSV/ROV support vessel “Normand Baltic” earlier this summer. The vessel is an Aker PSV/ROV 06 CD design built by STX Norway Offshore AS Brevik in Norway on a double hull constructed by STX RO Offshore Braila. “Normand Baltic” measures 96.25m length overall by 20m beam and has a deadweight of 4,100mt on a draft of 6.7m, clear deck of 1,000m2 and accommodation for 69 persons. Powered by four CAT 3516Cs – the vessel produces around 13,000BHP driving twin screw propellers via diesel electric units. Vessel is also fitted with two 1,500kW tunnel bow thrusters and one 1,500kW forward mounted directional thruster. “Normand

Baltic” is classed by DNV with the notation - 1A1 Crane Vessel SF COMF-V(3) HELDK E0 DYNPOS-AUTR NAUT-OSV(A) CLEAN DESIGN DK(+) HL(). She will fly the Isle of Man flag. The vessel will further be equipped with a 100T offshore crane and with a helicopter platform.


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Master Boat Builders, Bayou La Batre, Ala., delivered a 3,800HP, DP-2 OSV to Abdon Callais Offshore in May. The addition of the “Nicholas P. Callais” gives Golden Meadow, La.-based ACO a fleet of 50 vessels, all designed and built by Master Boat over the past 13 years. “This is a very successful family-owned business. We have a very unique way of conducting our daily operations,” said Bill Foret, president of ACO. “We think our integrated ISO 9001/2008 and our quality safety management system makes us a better company.” Tankage on the 200' x 48' x 16' OSV include 128,000g fuel, 4,280bbl liquid mud and 4,000ft3 bulk mud in four 1,000ft3 tanks. The rear cargo deck measures 146' x 40' and can carry up to 1,100LT of freight. Main propulsion comes from twin Caterpillar 3512C diesels, producing 1,911HP at 1,600RPM each. The CATs are matched up with Rolls-Royce Hung Chin 82” x 70”, 5-bladed wheels through Twin Disc MGX-5600 marine gears with 5.04:1 reduction ratios. The propulsion package pushes the “Nicholas P. Callais” along at a cruising speed of 11 knots with a full load. (The boat topped out at 13 knots during sea trials.) The new OSV was fitted with three 500HP Omega 1170 electric motor (through frequency drives) thrusters. Ship's service power comes from a pair of Cat C32 parallel gensets, sparking 910kW each. Twin Disc handled the wheelhouse controls and Gulf Coast Air & Hydraulics supplied the Jastram split-rudder steering system. The electronics suite was supplied by New World Electronics and the DP-2 system is from Kongsberg . “Nicholas P. Callais” is ABS-classed Maltese Cross A-1, AMS DPS-2, USCG-certified Subchapter L, under 100 gross tons. The steel OSV has a crew/passenger capacity of 40 with 30 berths. "This is the best shallow-draft, high-capacity fleet in the country," said Foret, who is obviously proud of his fleet. But he said he is more impressed with ACO's employees. "We develop our people. Our employees are the real success story of this company." (article by Ken Hocke) Keppel Singmarine Pte Ltd , the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), delivered its third multi-purpose platform supply & support vessel (MPSSV) to Greatship Global Offshore Services Pte. Ltd (Greatship) with a perfect safety record, meriting a bonus of US$ 10,000. Mr. Hoe Eng Hock, Executive Director of Keppel Singmarine, said, “The safe and within budget delivery of ‘Greatship Mamta’ is another feather in the cap for Keppel Singmarine, demonstrating our excellent construction capabilities and commitment to meet our customers’ needs. This safety bonus is a boost to Keppel Singmarine

and we are grateful to Greatship for its partnership and confidence in us. Looking ahead, we will continue to fortify our core competencies to offer innovative solutions that will fulfill the needs of the global offshore and marine industry.” The MPSSV was named “Greatship Mamta” by Lady Sponsor, Mrs. Nimmi Suresh, wife of Mr. P.V. Suresh, Group Head (New Building) of Greatship Global Offshore Services Pte. Ltd on 20th July 2010. This 94m long vessel is equipped with two electrically-driven 2,600kW azimuthing thrusters and three 1,050kW tunnel

thrusters to achieve Dynamic Positioning II capability. “Greatship Mamta” is capable of supporting offshore exploration, production and subsea construction activities and was built in compliance with the new SPS Code 2008 to meet stringent standards of safety and stability. Mr. Ravi K. Sheth, Managing Director of Greatship (India) Limited said, “We are very pleased with the excellent quality and capability of Greatship Mamta. With the successful construction of this complicated vessel, Keppel Singmarine has proven itself to be a reliable and strong partner to Greatship and we are proud of it. We look forward to strengthen our win-win partnership and push new boundaries together.” Keppel Singmarine is currently constructing the fourth MPSSV for Greatship which is expected to be delivered third quarter 2010.


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Vroon Offshore Services has taken delivery of a new addition to its offshore fleet in the form of “VOS Hyperion”, an anchor handling tug supply vessel built at the Fujian Southeast Shipyard in China, which was delivered on 9th June 2010, in China. The vessel was expected to leave the yard for Singapore on 14th June. “VOS Hyperion” will operate out of Singapore and will be managed by VOS Pte Ltd. The vessel’s dimensions are 59.25m overall length by 14.95m beam. Her CAT 3516B-HD main engines generate total power of 5,150BHP to controllable pitch props providing a 66T bollard pull.

Tidewater Inc. of New Orleans took delivery of their new DP 2, 155T bollard pull AHTS “Marty Quist Tide” from Remontowa SA in Gdansk. Flagged in Vanuatu, the 2,037mtdw vessel measures 70m x 16m with a depth of 6.6m and is powered by a pair of CAT C280-16 main engines developing a total of 13,760BHP at 900RPM. The vessel also has 390m2 of clear deck, 600m3 of Liquid Mud capacity and 193m3 of dry bulk capacity. She is fitted with two 800BHP bow and one 800BHP athwartships stern thruster. Since being delivered, the vessel has worked the North Sea spot market, where she joined the sister “Netherland Tide”.

Norway’s STX Soviknes yard has handed over a large and powerful AHTS, “Rem Gambler”, to its owner, Rem Offshore. The Aker AH12 design vessel has a 95m LOA, approx. 5,000T DWT and hybrid diesel/diesel-electric machinery which ensures maximum fuel efficiency. The vessel boasts an impressive inventory of equipment to undertake her main work roles of towing, anchor-handling, supply, ROV support, and subsea construction. Among the array of towing winches, working winches, and secondary winches, the special handling winch stands out with its brake load of 650T and drum capacity of 14,800m x 76mm. The vessel joined the North Sea spot market during the first week of July.

JSC Kherson Shipyard handed over the fourth vessel to the Kleven Maritime in a series of Supply-Anchor Handling Vessels. On 8th June, JSC Kherson Shipyard at a formal ceremony delivered the fourth vessel of project VS 491 CD Supply-Anchor Handling Vessel. The newly built VS 491-CD vessel “Siem Amethyst”, measuring 91m overall length x 22m x 9.6m, is designed to perform operations with anchors, towage and rig supplies. Anatoly Gritsenko, Head of Kherson Regional State Administration, Vladimir Demekhin, Chairman of Kherson Regional Council, Gustav Johan Nydal, Kleven Maritime representative took part in the naming ceremony. Speaking at the meeting, Anatoly Gritsenko said “We expect that today our state,

within the frameworks of the agreements signed by the Presidents of two countries, Ukraine and Russia, shall give a new push, a new impetus for the development of shipbuilding.” Having pointed out the huge work, the yard’s management is undertaking to get new contracts, to create new working places, Anatoly Gritsenko said that “in this situation the government must, certainly, stretch out a hand for us to increase the scope of production, and, which is of utmost importance, to give people a chance to earn money and to get wages they deserve”. Gustav Johan Nydal, the representative of Kleven Maritime has underlined the high quality of the built vessel and said that it might be likely to place new contracts with JSC Khserson Shipyard in the near future. The diesel electric powered “Siem Amethyst” is fitted with two Wartsila 16V32 and two CAT 3516C diesels providing a total power of abt. 27,322HP producing a bollard pull of abt. 300 tonnes and maximum speed of abt. 20kn. Newbuilding price is reportedly region US$ 91 million.


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TransAtlantic Rederi AB of Sweden took delivery of their 18,600BHP AHTS “Loke Viking” in June from Astilleros Zamakona, in Bilbao, Spain. The naming ceremony took place on May 20th. The Godmother was Eva Skaarberg, spouse of Rolf Skaarberg, President of Viking Supply Ship AS, Norway. The vessel has Clean Design class notation and 750m2 deck area. Measuring 85.2m in length by 22.84m breadth with a depth 9.0m, she has a deadweight capacity of 4,500mt on a 7.6m draft. The diesel electric vessel is powered by two MAK 6M32C and two MAK 8M32C main engines connected to two electric motors driving two controllable pitch props. The VS 4622 designed “Loke Viking” was initially contracted by the UK based oil company Cairn Energy to assist in oil drilling west of Greenland. The assignment also includes the two AHTS vessels, “Balder Viking” and “Vidar Viking”. “Loke Viking” is the first new-build in a series of four that are being built in the shipyard in Spain. The sister vessel, “Njord Viking”, is scheduled for delivery in November 2010. The vessel is specifically designed to meet demands for efficient, safe and environmentally friendly offshore services in areas with severe ice conditions.

The “Loke Viking” was also awarded a contract by Statoil for operations in the Barents Sea. The vessel will support the drilling campaign for a number of wells, starting November 2010. The charter period is for three wells firm (about 60-75 days for each well) with Statoil’s options for more wells. The first well will be on the Skrugard block, located between Bjornoya and the Snow White field. The drilling rig used will be the “Polar Pioneer”. Apart from TransAtlantic’s extensive experience of working in harsh weather and Arctic climate, the deicing, standby and oil recovery features of the “Loke Viking” were important features when Statoil selected the vessel that will be taking part in the Barents Sea campaign. The contract with Statoil is likely to be in direct continuation from its first contract off WC

Greenland. This will be the second Charter contract for the vessel after her delivery. The Support base used for logistic support under this contract will be Hammerfest, Norway. The Cochin Shipyard has delivered another Platform Supply Vessel to Vroon Offshore Division taking the number of such vessels being delivered by CLS during this financial year to four. The PSV delivered was the Rolls Royce UT 755 LN series, “VOS Premier”. The vessel measures 73.6m x 16m x 7m depth, has a deadweight of 3,250T and is powered by Twin Bergen KRMB9 engines creating 5,450BHP driving twin CP propellers. The vessel is Notated DP2 and is in survey with Det Norsk Veritas. The protocol documents of the ship were signed by Jose Mathew, chief general manager (shipbuilding), on behalf of the Cochin Shipyard and Anne Bijlsma on behalf of the owners, Vroon and in the presence of K. Subramaniam, officiating CMD; V. Radhakrishnan, director (technical) and Ravi Kumar Roddam, director (finance) of the CSL. Vroon Offshore Services has four sisters in this class being delivered from Cochin, the other three being the “VOS Precious”, “VOS Prelude” (pictured) and “VOS Prevail”. The “VOS Prevail” should deliver around year end, whilst the other two are already in service with Vroon, being delivered earlier this year. L&M BoTruc Rental platform supply vessel (PSV) “Cheramie BoTruc No. 41” began sea trials in August and was delivered on August 23rd by VT Halter Marine. The 234’ DP-2 PSV is powered by twin Cummins QSK 60 engines producing 4,400BHP. She has a clear deck area of 7,536ft2 and can carry 6,336 barrels of liquid mud and 6212ft3 of dry bulk. L&M BoTruc’s “C-Truc No. 6” is still in the shipyard being stretched to 210’ from her original 170’ length and upgrading to DP-2. The 1982 built “C-Truc No. 6” (ex Clark Graham) is expected to return to service in September with increased mud and cargo capacity.


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Aries Marine is expected to take delivery of PSV “Dwight S. Ramsay” shortly from Eastern Shipbuilding; the vessel was under sea trials. The 284’ DP-2 PSV is of the Aker PSV 23DE design and forms half of the “Tiger Shark” Class. Powered by four Cummins QSK60 Tier II diesels, the vessel is propelled through the water with twin 2,500kW Schottel Z-Drives. She has a clear deck area of 10,258ft2, can carry 15,165bbl liquid mud and 183m3 methanol. Aries Marine's next newbuild, PSV “Betty Pfankuch”, will be launched in August, with delivery expected near the end of the year.

Fugro took delivery of the seismic survey vessel M/V “Geo Coral” on August 26th, 2010. The vessel is the final “C-class” vessel in the series of four delivered to Fugro since 2007. “Geo Coral”, which is one of the largest and most advanced seismic vessels ever built, was outfitted at Bergen Yards in Norway. “Geo Coral” is designed to operate worldwide in the most challenging offshore areas, and is capable of towing 16 seismic streamers. The “C-class” vessel design allows for deployment of the largest possible spread of seismic streamers which are considered essential for efficiency when performing geophysical exploration on large prospects in the “high end” market segment. GulfMark Offshore took delivery of two NED 8167L designed AHTS from Remontowa, Poland in recent months. Both 10,000BHP and producing 120T Bollard Pull the “Sea Valiant” and “Sea Victor” are expected to join the GulfMark’s SE Asia arena. Both are ABS class and will fly the Panama flag. Bourbon Offshore took delivery in July of the “Bourbon Supporter”, the second vessel of a series of two IMR

(Inspection Maintenance Repair) vessels constructed in France by Socarenam shipyard at Boulogne. This vessel has strengthened Bourbon’s existing fleet of 15 IMR vessels. “Bourbon Supporter” is currently on its way to Saudi Arabia for a two year contract, where she will operate at the end of August as a support vessel in subsea seismic testing. Thereafter, the vessel will continue to operate in international offshore marine services (maintenance of oil facilities, production maintenance work, underwater inspection, etc.) like her sistership, “Bourbon Enterprise” (pictured). “Bourbon Enterprise” started a new contract in June for windfarm installation support off the east coast of

England on one the world’s largest offshore installation projects. This contract is a first for the group that develops in the growth market of renewable energies and sustainable development. “These contracts demonstrate that through Bourbon Subsea Services’ Activity, Bourbon is able to position itself in new growth markets such as sustainable development and renewable energies, offering the full scope of its services and know- how.” said Patrick Belenfant, Bourbon Subsea Services Managing Director. "We are delighted to work for international groups that recognize the performance and innovativeness of our vessels which help clients reduce their logistic costs.” With a length of 76m and a width of 19.5m, these two IMR vessels can accommodate 103 persons under excellent comfort and safety conditions thanks to their diesel-electric propulsion and DP2 dynamic positioning system. Hornbeck Offshore Services has taken delivery of the 250’ x 54’ x 19’ platform supply vessel “HOS Wildwing” from Leevac Industries in Jennings, Louisiana. The vessel was delivered on August 27th. Hornbeck will market the vessel on the spot market in the U.S. Gulf for the near future. The ABS classed “HOS Wildwing” is the last vessel delivered in Hornbeck’s fourth offshore support vessel newbuild program, which included 16 vessels. She is powered by twin CAT 3516C-HDs developing a total of 6,390HP to controllable pitch props. The cost of the entire program to Hornbeck was around US$ 440 million.


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Sri Lanka's Colombo Dockyard recently delivered the second of a series of four Multipurpose Platform Supply Vessels for Singapore's Greatship Global Offshore Services. The 78.0m x 17.0m x 8.0m depth delivered vessel, with a 3,200T deadweight capacity, was designed by Seatech Solutions International of Singapore in consultation with the owner and the builder, Colombo Dockyard. We understand this to be the vessel “Greatship Ramya”. She is powered by a pair of MaK 8M25C diesels developing a total of 6,300HP and a service speed of abt. 13kn. The vessel has an endurance of about 35 days and a cruising range of about 9,200 nautical miles. Vessel has a larger accommodations area for 50 persons as against the 24 persons in the previous anchor handling tug supply vessels built by Colombo Dockyard. Colombo Dockyard has said it will deliver a total six vessels this year and will focus more on offshore work with the search for oil off the island's north-west coast.

Edison Chouest Offshore has taken delivery of their newbuilding PSV “Lyman Martin” (pictured left). The vessel is 280’ in length and can carry up to 13,000 barrels of liquid mud. “Lyman Martin” is the first Chouest newbuild built at their Tampa Ship yard which they acquired in November 2008. The vessel was named after a veteran Chouest employee. She is powered by a pair of CAT C280-8s. Furthermore Chouest report that three 230’ AHTS vessels have been delivered from Remontowa Shipyard in Gdansk, Poland: “Reedbuck”,

“Waterbuck” and “Bushbuck.” The 155T bollard pull vessels have been upgraded to meet ECO requirements, including ROV readiness on two vessels and ORO capability on “Bushbuck”. “Reedbuck” and “Waterbuck” (pictured right) have joined Chouest’s Brazilian operations; “Bushbuck” recently sailed for Nigeria.

German owner Hartmann Logistics has to date taken delivery of the majority of twelve of their ordered 16,000BHP AHTSs from Italian yard, Fincantieri. Hartmann has taken delivery of nine Moss 424 designed units The first unit to deliver was the “UOS Atlantis” back in February 2009 and the production line

has been steadily rolling them out ever since.. During the sea trials for the “UOS Atlantis” certified by the American Bureau of Shipping, it proved capable of a bollard pull of close to 200T and a maximum speed of about 17 knots. Commercial management services for the fleet will be provided by UOS (United Offshore Support), part of the Hartmann Group. After the delivery ceremony, vessel was put into operation immediately. “UOS Atlantis“ was awarded to EDT Offshore Egypt to become part of BP Egypt's Mediterranean vessel fleet and to support BP’s offshore drilling activities. "The anchor handling tug supplys represent another pillar to the Group's activities and make us less liable to market fluctuations," explains chairman of the board Dr. Niels Hartmann. The diversification of the fleet has already become one of the Group's trademarks, with gas, product and oil tankers, container ships and multi-purpose freighters part of its varied fleet. "This strategy has already proved its worth in the past," the chairman explains. The “Moss 42” vessels have a 6,310T displacement and measure 76.5m in length x 17.5m breadth moulded x 5.5m design draught. Water ballast is 1,200m3. Gross tonnage is 2,922. Deck space measures 600m2. The vessels are driven by four MAK 6M 32C, total power 12,000kW (16,320BHP). They are classed: ABS (American Bureau of Shipping) + A1 (E), Offshore Support Vessel AH, + AMS, + ACCU, Oil Recovery Capability Class 1, DPS-1, Fi-Fi-II, TCM.


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Off The Blocks Following is a list of AHTSs, offshore supply and PSVs on order at U.S. shipyards per MarineLog and Colton Company, as of August 3rd. The list shows 49 vessels on order in the U.S., same as our last report in May.

Type of Vessel Customer Yard # Name Description Delivery

PSV Bee Mar LLC 566 234 ft. 10-Feb

PSV Bee Mar LLC 567 234 ft. 10-Apr

PSV Bee Mar LLC 568 234 ft. Jun-10

PSV Otto Candies 280-ft. 2010

OSV Harvey Gulf Marine 161 292 ft. 11-Aug

OSV Harvey Gulf Marine 162 292 ft. 12-Feb





PSV Aries Marine Dwight S. Ramsay 292 ft.

PSV Aries Marine 292 ft.

PSV Hornbeck Offshore Services 351 HOS Westwind 250 ft. 10-Feb

PSV Hornbeck Offshore Services 352 HOS Winddancer 250 ft. 10-May

PSV Hornbeck Offshore Services 353 HOS Wildwind 250 ft. 10-Aug

PSV Edison Chouest Offshore 262 280 ft. 2010

PSV Edison Chouest Offshore 245 Holiday 280 ft. 2010

PSV Edison Chouest Offshore 246 280 ft. 2010

Icebreaking AHTS Edison Chouest Offshore 247 368 ft. 2012

PSV Edison Chouest Offshore 269 280 ft.









PSV Edison Chouest Offshore 300 ft.










PSV Tidewater Marine 1272 Leboeuf Tide 265 ft. 10-Mar

PSV Tidewater Marine 1273 Cindy Brown Tide 265 ft. 12-Feb

OSV U.S. Navy (for Iraqi Navy) 11-Dec

OSV U.S. Navy (for Iraqi Navy) 11-Dec

PSV Gulf Offshore Logistics 300-ft. 2012




PSV L. & M. BoTruc 1996 230-foot 10-Feb

PSV L. & M. BoTruc 1997 230-foot 10-Sep

PSV Candies Shipbuilding 1998 Hull and deckhouse only 285-foot 10-Jan


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Legal News

In June, U.S. Senator John McCain introduced Open America's Water Act. “Today I am pleased to introduce legislation that would fully repeal the Jones Act, a 1920s law that hinders free trade and favors labor unions over consumers. Specifically, the Jones Act requires that all goods shipped between waterborne ports of the United States be carried by vessels built in the United States and owned and operated by Americans. This restriction only serves to raise shipping costs, thereby making U.S. farmers less competitive and increasing costs for American consumers. This was highlighted by a 1999 U.S. International Trade Commission economic study, which suggested that a repeal of the Jones Act would lower shipping costs by approximately 22 percent. Also, a 2002 economic study from the same Commission found that repealing the Jones Act would have an annual positive welfare effect of $656 million on the overall U.S. economy. Since these studies are the most recent statistics available, imagine the impact a repeal of the Jones Act would have today:

far more than a $656 million annual positive welfare impact – maybe closer to $1 billion. These statistics demonstrate that a repeal of the Jones Act could prove to be a true stimulus to our economy in the midst of such difficult economic times. The Jones Act also adds a real, direct cost to consumers – particularly consumers in Hawaii and Alaska. A 1988 GAO report found that the Jones Act was costing Alaskan families between $1,921 and $4,821 annually for increased prices paid on goods shipped from the mainland. In 1997, a Hawaii government official asserted that ‘Hawaii residents pay an additional $1 billion per year in higher prices because of the Jones Act. This amounts to approximately $3,000 for every household in Hawaii.’ This antiquated and protectionist law has been predominantly featured in the news as of late due to the Gulf Coast oil spill. Within a week of the explosion, 13 countries, including several European nations, offered assistance from vessels and crews with experience in removing oil spill debris, and as of June 21st, the State Department has acknowledged that overall ‘it has had 21 aid offers from 17 countries.’ However, due to the Jones Act, these vessels are not permitted in U.S. waters. The Administration has the ability to grant a waiver of the Jones Act to any vessel – just as the previous Administration did during Hurricane Katrina – to allow the international community to assist in recovery efforts. Unfortunately, this Administration has not done so. Therefore, some Senators have put forward legislation to waive the Jones Act during emergency situations, and I am proud to co-sponsor this legislation. However, the best course of action is to permanently repeal the Jones Act in order to boost the economy, saving consumers hundreds of millions of dollars. I hope my colleagues will join me in this effort to repeal this unnecessary, antiquated legislation in order to spur job creation and promote free trade.” Reaction: The Maritime Cabotage Task Force stated that it opposes legislation to repeal the Jones Act, saying that all the McCain bill would do is put more Americans out of work. “The McCain bill proposes to eliminate the very American industry that is helping to clean up the spill - an industry that supports 500,000 U.S. jobs - and outsource that work to foreign workers and foreign companies registered in nations like Liberia and the Marshall Islands that operate outside of American law. Using a spill caused by foreign companies as a pretext to bring in more foreign companies is a backward approach. It makes as much sense as replacing the American workers currently cleaning up the Gulf beaches with foreign companies and foreign workers. The McCain legislation is based on the completely false claim that the Jones Act is hindering the Gulf clean-up effort. The Coast Guard and National Incident Command have unambiguously rejected that idea. They should know the truth better than anyone. While there is a critical shortage of supplies like skimmers and boom, scores of large American vessels are standing by in the Gulf ready to deploy these supplies and equipment as they become available. Specialized foreign oil spill response vessels are welcome and already working -- they either do not need a Jones Act waiver, or can get one without delay. Finally, the McCain bill is based on studies that are outdated and widely discredited. Long ago, the U.S. Government Accountability Office in response to a request from Senator McCain reviewed those same studies and advised the Senator that they failed to accurately assess the costs and benefits of the Jones Act.”


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News GC Rieber Shipping entered into agreements to acquire the two high capacity seismic new buildings 532 and 533 currently under construction at Factorias Vulcano in Spain. The total investment will be about NOK 850 million and will be financed through a combination of equity and mortgage debt. NB 532 is expected to be delivered in Q3 2010, while NB 533 is expected to be delivered in Q3 2011. NB 532 and NB 533 were conceptually designed by GC Rieber Shipping, and originally ordered by Arrow Seismic in 2006. Ownership of the new buildings was transferred to PGS in 2007, when PGS acquired Arrow Seismic. PGS' subsidiary Arrow Seismic cancelled the contracts for NB 532 and NB 533 in March 2009 and August 2009 respectively due to delays. The investment is part of GC Rieber Shipping's fleet renewal process and strategy. "We have recently agreed to sell the 2001 built subsea vessel ‘Polar Queen’ to Acergy with a net cash effect sufficient to cover most of the equity required. The divestment of ‘Polar Queen’ and acquisition of NB 532 and NB 533 results in a more equal balance between the segments subsea and marine seismic", says CEO in GC Rieber Shipping, Sven Rong, and adds: "The price level for the investment in NB 532

and NB 533 is considerably lower than comparable vessels, which is expected to represent a competitive advantage". NB 532 and NB 533 are designed for optimal high capacity (12-14 streamers) marine seismic operations with a strong focus on safety, optimized towing and a maximum speed of 20 knots. Higher transit speed will increase vessel revenues, while lower fuel consumption will reduce vessel environmental impact and operating cost. Overall, the

vessels are expected to be among the most cost efficient in the industry. The acquisition of the vessels will be financed through a combination of equity and mortgage debt. GC Rieber Shipping obtained loan commitments from DnBNOR covering 60% of the total investment. Petra Perdana's decision to cancel the order for an anchor handling tug and supply vessel worth US$ 29.5 million is a prudent move given the group's tight cashflow this year, says a research house. Petra Perdana announced it has cancelled the order for the 12,240BHP ship from Indonesian shipbuilder Nam Cheong Dockyard Sdn Bhd. “Taking on more vessels will only stress the group financially, no matter how it is financed," said ECM Libra Investment Research. “A new vessel sitting idle will only be eating into earnings”, it said in a research note. Meanwhile, MIDF Research said lower utilization rates and possibility of low drilling activities were the reasons for the cancellation. "However, we are of the opinion that the decision was hugely attributed to Petra's financial feasibility, having to cope with higher commitments and rising debt levels amid weaker vessel utilisation rates. Currently, we believe Petra's utilisation rates are around 60 per cent," said the research house in a statement. MIMB Investment Bank said Petra Perdana recently took delivery of two vessels, namely "Petra Superior" (work barge) and “Petra Marathon”, which are currently under mobilization. The delivery of another work barge, "Petra Odyssey", in December, will mark the end of Petra Perdana's four-year fleet expansion programme.

Technip SA have decided to scrap their former pipelayer “Apache I” (ex CSO Apache, Stena Apache, Apache). Built in 1979 by Todd Shipyard in Galveston at a reported cost of US$ 28 million, the formerly ABS classed vessel was last seen heading to Alang, India to be broken up by unknown shipbreakers for abt. US$ 2.3 million (abt. US$ 360/ldt). The 122.9m x 23.3m x 8.7m depth pipelayer was replaced in April this year by the new 137.5m long x 27.0m x 9.7m depth Maltese flagged pipelayer “Apache II” (ex North Ocean 103) built in 2009 by Metalships & Docks, S.A. of Vigo, Spain.


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Corporate News In August 2010, Deep Sea Supply`s AHTS fleet (all 16 AHTS Vessels) had an average gross income of approximately US$ 18,000 per ship per day compared to US$ 17,700 in July. The PSV fleet (all 8 PSVs) had an average gross income of approx. US$ 16,100 per ship per day compared to US$ 10,000 in July.

Bourbon’s second quarter revenues came to Euro 262.8 million, up 11.2% compared with the same period in 2009 (9.6% at constant exchange rates) thanks to increased revenues in the Bulk Division and the Offshore Division, up 4.5% at 214.9 million Euros. Revenues are up 15.5% (11% at constant exchange rates) compared with the previous quarter. During the first half, Bourbon revenue growth increased by 4.7% (5.7% at constant exchange rates) compared with the same period in 2009. Revenues for Bourbon vessels were

up 14.8% in the second quarter versus the previous quarter, thanks to the supply fleet’s better utilization rate, an increase in the number of vessels, and the stronger dollar. Compared with the second quarter of 2009, Marine Services revenues in the second quarter 2010 were virtually constant at 171.2 million Euros (-0.2%). This was due to the decrease in revenues from chartered vessels, in line with the Group’s strategy and the deterioration in market conditions, offset by the fleet’s expansion. Compared with the previous quarter, revenues for this activity in the second quarter increased by 11.7%, reflecting the improvement in market conditions, the commissioning of new vessels and the stabilization of charters.

BOURBON's Offshore Fleet Utilization Rates

Q2 2010 Q1 2010 Q4 2009 Q3 2009 Q2 2009 Q1 2009

Average utilization rate 81.00% 78.10% 78.30% 82.70% 84.70% 88.30%

IMR vessels 89.80% 80.90% 90.40% 88.90% 88.60% 84.50%

Deepwater supply vessels 92.10% 89.40% 91.40% 94.50% 92.60% 93.60%

Continental supply vessels 75.40% 72.40% 80.60% 79.60% 86.60% 92.40%

Crewboats 78.60% 75.90% 73.20% 79.60% 81.70% 86.00%

Compared with the first half 2009, revenues were virtually stable for a total of 403.8 million Euros. Revenues from Bourbon vessels increased by 6.5%, thanks to the expansion of the fleet and despite significant deterioration in market conditions. Revenues for chartered vessels were nearly 27 million Euros lower. These figures yet again confirm the very favorable reception given to Bourbon’s innovative vessels that are both efficient and profitable for the client. In the first half 2010, revenues for Marine Services activity were down 4% at 324.5 million Euros compared with the same period in 2009. This was due to the sharp reduction in chartering (-63%), with the expansion of the directly-owned fleet which however offset the deterioration in market conditions. In the first half, Bourbon realized 11% of its revenues on the American continent (outside USA) compared with only 6.6% in the first half 2009. Apart from the expansion of the activity in Mexico and Brazil, this also reflects the buyout of 50% of Delba Maritima at the end of 2009. Elsewhere, the relative share in different regions has remained stable. Activity on the offshore market will benefit from an upturn in oil companies’ capital investments in the second half, both in exploration and in production and maintenance. This upturn is already evident in West Africa and Asia. More rigorous demands from clients in terms of safety and the efficiency of offshore services vessels should further reinforce their preference for the most modern fleets rather than older vessels, and this is particularly the case in continental offshore. In this context, Bourbon vessels – both existing and those due to be commissioned in the near future – should see a steady improvement in utilization rates. In addition, the economic activity in emerging countries and the maintenance of current oil prices should sustain investment and hence future demand for vessels.


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In June Bourbon launched its 2015 Leadership Strategy, a US$ 2 billion vessel new building program to renew the old and obsolete continental offshore fleet and meet demand in deepwater. “With this plan covering 2011 to 2015, Bourbon wants to achieve leadership under the flag of excellence” says Jacques de Chateauvieux, CEO of Bourbon, “It relies on innovative

and cost efficient vessels and above all, on the women and men who deliver Bourbon services every day, striving to achieve the highest safety and operations standards, personally committed and united to attain excellence”. By adding 80 supply vessels and 64 crewboats through a US$ 2 billion investment plan in new buildings, Bourbon will be operating a fleet of 600 vessels for deepwater and shallow water logistics services by 2015, comprised of 134 deep water and 146 shallow water vessels and 320 crewboats. Bourbon’s 2015 Leadership Strategy will be built on the success of its “Bourbon Liberty” series of vessels, to speed up the renewal of the old and obsolete existing shallow water fleet and on the proven expertise of its deepwater operations for exploration and production, including subsea activities. Bourbon 2015 Leadership Strategy will also mean increasing efficiency and reducing Bourbon’s operating costs. The target for vessel availability rate should reach 95% and running costs index should be reduced by 4% at constant rate by 2015. Following the 28% average annual growth of the Bourbon Offshore Division revenues between 2002 and 2009, the new plan provides for a 17% average annual growth from 2011 to 2015 (based on US$ 1.30 for 1.00€). The combined effect of improved utilization rates, increased vessel availability rate, and reduced costs of operation will contribute to the significant increase of the gross return on revenues and capital employed ratios. This new investment financing will benefit from 500 million € of assets disposal in 2010, mainly consisting of sales of Bourbon fleet of 16 supramaxes and of the remaining non-core assets; reduced installments paid on vessels under construction, 75% of the vessel price being paid on delivery; and a 400 million US$ 12-year loan provided by China Exim Bank. The combined effect of cash flow generated by operations, of the disposal of assets in 2010 and the new payment terms policy will result in an expected gearing of less than 0.5 and a net debt to EBITDA ratio of less than 2 by 2015. This means Bourbon will be generating positive cash flows as from 2013. Bourbon dividend policy will be to pay out about 40% of its consolidated profit. Under the strategy, 5,000 new recruits will be added to the 7,000 existing workers.

Trico Marine Services, Inc. announced August 25th, that its U.S. companies and its Cayman Islands holding company have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District

of Delaware. Aside from the Cayman Islands holding company, Trico's foreign subsidiaries were not included in the filing and will not be subject to the requirements of the U.S. Bankruptcy Code. Trico's U.S. and worldwide operations are expected to continue without interruption during the restructuring process. Trico Subsidiaries Included in the Proceedings: Trico Marine Services, Inc., Trico Marine Assets, Inc., Trico Marine Operators, Inc., Trico Marine International, Inc., Trico Holdco LLC and Trico Marine Cayman, L.P. Trico Marine Services exited a previous bankruptcy filing January 2005. That bankruptcy plan wiped out $250 million in debt and gave bondholders a majority stake in the company, at that time noted as a minimum 82.5% of the company’s stock. Shareholders were given warrants to purchase up to 10% of the shares, with management receiving options to purchase the rest.


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Seacor Holdings Inc.’s net income for the quarter ended June 30, 2010 was $64.1 million on operating revenues of $694.6 million. For the quarter ended June 30, 2009, net income attributable to Seacor Holdings Inc. was $42.3 million on

operating revenues of $389.2 million. For the preceding quarter net income was $3.6 million on operating revenues of $394.6 million. Seacor’s operating results for the three months ended June 30, 2010 were impacted by oil spill response activities relating to the BP Macondo well incident in the U.S. Gulf of Mexico following the sinking of the semi-submersible drilling rig “Deepwater Horizon” in April. Four of Seacor’s business segments have been and continue to be actively engaged in the response. Environmental Services is providing (i) vessels, equipment and people to support clean-up activities on-shore and at sea, (ii) professional assistance, consulting services and software systems in support of incident management activities, and (iii) assistance in provision of workers for clean-up ops. Offshore Marine Services is providing (i) vessels for a variety of functions including vessel decontamination, skimming, lightering, offshore traffic control and accommodation, and (ii) technical and video equipment on vessels engaged in the response to allow for instant tracking of assets and surveillance of ops. Harbor and Offshore Towing Services is providing tugs engaged in decontamination transiting vessels. The impact of the Deepwater Horizon/BP Macondo well incident on Seacor’s future operating results and cash flows is uncertain. Continuing demand for assets and services provided in support of the Oil Spill Response depends on many factors, including magnitude and duration of ongoing clean-up activities. Oil Spill Response activities are expected to positively impact results in the near term but are expected to decline as the oil spill is contained and remediated. As an active party to the Oil Spill Response, Seacor has been named in individual and class action litigations involving environmental damage, business and personal injury claims that may result in financial exposure. In reaction to the Deepwater Horizon/BP Macondo well incident, the U.S. Department of the Interior issued an order on May 28, 2010 imposing a six month moratorium on all offshore deepwater drilling projects. A preliminary injunction was issued on June 22nd blocking enforcement; however, the U.S. Department of Interior issued a new moratorium on July 12th. The Department of Interior has also implemented additional safety and certification requirements for drilling activities, imposed additional requirements for approval of development & production activities, and delayed approval of applications to drill in both deepwater and shallow-water areas. Seacor’s results, in particular those of its Offshore Marine Services and Aviation Services segments, could be adversely impacted as a consequence of reduced drilling activities in the U.S. Gulf.

Seacor Holdings Rates & Utilization

2010 2009 2008 30-Jun 31-Mar 31-Dec 30-Sep 30-Jun 31-Mar 31-Dec 30-Sep 30-Jun

Fleet Count:

AHTS 20 20 23 21 21 21 20 20 20

Mini-Supply 12 11 11 11 12 15 16 19 20

Standby-Safety 26 25 25 24 24 28 29 29 29

Supply/Towing Supply 36 36 40 40 41 41 41 42 44

Day Rates:

AHTS $40,592 $30,602 $34,293 $31,993 $36,486 $47,719 $43,558 $45,800 $41,038

Mini-Supply $9,641 $7,001 $7,452 $6,822 $6,286 $5,811 $6,152 $6,859 $6,838

Standby-Safety $7,861 $8,302 $8,733 $8,795 $8,522 $7,756 $8,376 $10,040 $10,278

Supply $14,402 $13,151 $14,748 $15,244 $14,716 $16,323 $17,020 $17,917 $16,250

Towing Supply $10,467 $11,967 $12,300 $12,202 $11,973 $11,581 $11,387 $11,135 $10,532

Utilization:

AHTS 89% 62% 58% 57% 66% 73% 83% 85% 69%

Mini-Supply 61% 54% 48% 54% 61% 73% 80% 80% 67%

Standby-Safety 88% 89% 91% 91% 88% 90% 91% 90% 88%

Supply 78% 78% 80% 66% 79% 82% 84% 90% 90%

Towing Supply 81% 76% 87% 84% 98% 90% 87% 95% 94%

Available Days:

AHTS 1,729 1,710 1,748 1,673 1,547 1,506 1,540 1,547 1,618

Mini-Supply 1,001 990 1,012 1,046 1,319 1,378 1,664 1,748 1,795

Standby-Safety 2,222 2,160 2,208 2,208 2,184 2,160 2,147 2,116 2,093

Supply 1,729 1,710 1,748 1,834 1,820 1,800 1,885 1,942 2,123

Towing Supply 690 809 828 828 819 871 1,091 1,152 1,253


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Offshore Marine Services Seacor’s operating income in the second quarter was $42.9 million on operating revenues of $147.1 million compared with operating income of $20.1 million on operating revenues of $107.2 million in the preceding quarter. Second quarter results included $2.0 million in gains on asset dispositions compared with $12.7 million in gains in the preceding quarter. Excluding the impact of gains on asset dispositions, operating income was $33.4 million higher in the second quarter. Overall operating revenues were $39.9 million higher in the second quarter. Time charter revenues increased by $32.3 million, of which $27.6 million was due to incremental charters in support of the Deepwater Horizon oil spill response. In addition, time charter revenues for Seacor's anchor handling towing supply vessels in the U.S. Gulf of Mexico improved by $7.4 million primarily due to increased spot market activity. Other operating revenues were $7.6 million higher in the second quarter primarily due to the provision of other equipment and services associated with the “Deepwater Horizon” oil spill response and increased vessel brokerage activity, mainly in West Africa. As of June 10, 2010, Seacor had deferred $18.5 million of vessel charter hire scheduled to be paid through the conveyance of a limited net profit interest in developmental oil and gas producing properties owned by a customer. Of this amount, $2.9 million was deferred in the second quarter. Seacor expects to defer an additional $3.5 million of vessel charter hire under this arrangement through August 2010. The customer has provided payout estimates, which are contingent upon production, indicating Seacor will receive payments of $10.8 million in 2010 and $11.2 million in 2011. Production from the properties commenced in April 2010 and the first payment of $0.1 million was received in June 2010 and recognized as revenue. Seacor will recognize revenues as cash is received or earlier should future payments become determinable. Operating expenses were $6.2 million higher in the second quarter primarily due to incremental expenditure associated with the Deepwater Horizon oil spill response, increased brokerage activity and higher repair and maintenance costs. Operating expenses in the first quarter included a $3.3 million accrual for the settlement of litigation, which is pending court approval. The number of days available for charter in the second quarter decreased by eight, or 0.1%. Overall utilization increased from 71.5% to 77.4% and overall average day rates, based on time charter revenues recognized, increased by 22.6% from $11,339 per day to $13,906 per day. As of June 30, 2010, Seacor had four vessels cold-stacked in the U.S. Gulf of Mexico compared with 14 as of March 31, 2010. In the U.S. Gulf of Mexico, time charter revenues were $24.1 million higher in the 2nd Quarter 2010 compared with the 2nd Quarter 2009. Incremental charters in support of the “Deepwater Horizon” oil spill response contributed $27.6 million of additional time charter revenues. In Africa, time charter revenues were $7.8 million lower in 2nd Quarter 2010 primarily due to vessels mobilizing between geographic regions, fleet dispositions and lower utilization attributable to softer market conditions. Other operating revenues were $1.7 million lower primarily due to reduced third party brokered vessel activity. In the Middle East, time charter revenues were $5.1 million lower in the 2nd Quarter 2010 primarily due to lower utilization attributable to softer market conditions and out-of-service time for one vessel undergoing conversion to standby safety configuration. Other operating revenues were $4.1 million lower primarily due to reduced third party brokered vessel activity. In the United Kingdom, time charter revenues were $1.1 million lower in 2nd Quarter 2010 primarily due to unfavorable changes in the USD/pound sterling exchange rate. In Mexico, Central and South America, time charter revenues were $2.3 million lower in the 2nd Quarter 2010 primarily due to fleet dispositions. Other operating revenues were $2.3 million lower primarily due to the conclusion of bareboat charters for two vessels that subsequently mobilized to the U.S. Gulf of Mexico. In Asia, time charter revenues were $3.1 million lower in the 2nd Quarter 2010 primarily due to net fleet dispositions. Other operating revenues were $1.2 million higher primarily due to the change in contract status of one vessel from time charter to bareboat.


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Hornbeck Offshore Services’ second quarter 2010 revenues increased 14.3% to $111.9 million compared to $97.9 million for the second quarter of 2009 and increased 29.8% compared to $86.2 million for the first quarter of 2010. Operating income was $34.5 million, or 30.8% of revenues, for the second quarter of 2010 compared to $5.0 million, or

5.1% of revenues, for the prior-year quarter; and $15.7 million, or 18.2% of revenues, for the first quarter of 2010. Net income for the second quarter of 2010 was $13.0 million compared to $0.2 million for the year-ago quarter; and $2.6 million for the first quarter of 2010. Operating income and net income, as reported, for the three months ended June 30, 2009 included a non-cash asset impairment charge of $25.8 million related to certain of Hornbeck's Downstream vessels and a $0.9 million non-cash impairment charge for unamortized goodwill associated with the Downstream segment. Excluding these special non-cash charges, operating income was $31.7 million, or 32.4% of revenues, and net income was $17.3 million for the second quarter of 2009. The year-over-year increase in revenues was primarily due to incremental revenues from the vessels placed in service since June 2009 under Hornbeck's newbuild and conversion programs. Revenues from the Upstream segment were $100.5 million for the second quarter of 2010, an increase of $16.8 million, or 20.1%, from $83.7 million for the same period in 2009 and an increase of $23.9 million, or 31.2%, from $76.6 million for the first quarter of 2010. The vessels placed in service since the second quarter of 2009 under Hornbeck's newbuild and conversion programs accounted for a $31.6 million increase in Upstream revenues. These incremental revenues were offset by a $13.0 million decrease in revenue from Hornbeck's new generation OSVs that were in service during each of the quarters ended June 30, 2010 and 2009. In addition, Hornbeck experienced a $1.8 million decrease in revenue from one of its non-core conventional OSVs that was in service during the quarter ended June 30, 2009, but has since been sold, and decreased activity at Hornbeck's shore-base port facility. Upstream operating income increased $2.1 million to $35.5 million, or 35.3% of revenues, for the second quarter of 2010 from $33.4 million, or 39.9% of revenues, for the second quarter of 2009. Average new generation OSV dayrates for the second quarter of 2010 increased to $23,874 compared to $21,330 for the same period in 2009. Hornbeck's new generation OSV dayrates were favorably impacted by certain non-recurring revenues for one of its specialty service vessels unrelated to the oil spill relief efforts in the U.S. Gulf of Mexico. Excluding these revenues for the sake of comparability to other periods, Hornbeck's new generation OSV average dayrates would have been $20,628, or 3.3% lower than the prior-year quarter and

3.2% higher than the sequential quarter. New generation OSV utilization was 71.8% for the second quarter of 2010 compared to 83.6% during the year-ago quarter and 72.9% for the sequential quarter. Hornbeck's average OSV utilization was adversely affected by having an average of 7.5 new generation OSVs stacked during the second quarter of 2010 due to continued soft market conditions in the GoM and by approximately 354 days of aggregate downtime related to customer-required modifications and pre-positioning of eight vessels that have mobilized or are mobilizing to Latin America during 2010 for multi-year charters. In addition, utilization for

Hornbeck's new generation OSVs during the second quarter of 2010, which would have been significantly lower as a result of the drilling moratorium, was in-line with the sequential quarter on the strength of temporary demand related to oil spill relief activities. As a result of the weak new generation OSV market conditions that have existed since mid 2009, Hornbeck had seven new generation OSVs stacked as of June 30, 2010 compared to eight stacked vessels as of the sequential quarter. Hornbeck has temporarily re-activated three new generation OSVs, one vessel during the second quarter of 2010 and two vessels in July 2010, to support oil spill relief efforts in the GoM. As of July 28, 2010, Hornbeck had eleven OSVs and four MPSVs assisting with these efforts, which are expected to be temporary in nature. Effective new generation OSV utilization for Hornbeck's active fleet, which excludes the impact of stacked vessels, was 84.5% for the second quarter of 2010 compared to 86.6% for the year-ago quarter.


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Hornbeck Offshore Services’ Utilization & Day Rates

2010 2009 2008

30-Jun 31-Mar 31-Dec 30-Sep 30-Jun 31-Mar 31-Dec 30-Sep 30-Jun

Number Vessels 49.5 48.5 46.2 44 42.1 40.6 38.3 36.8 35.6

Avg. Dwt 2,505 2,499 2,483 2,469 2,452 2,389 2,352 2,333 2,320

Utilization 71.80% 72.90% 73.10% 71.90% 83.60% 93.00% 96.40% 96.10% 96.60%

Avg. Dayrate $23,874 $19,986 $19,880 $20,915 $21,330 $23,085 $24,385 $23,884 $22,168

Hornbeck's full-year 2010 Upstream guidance includes an expectation to own 51 new generation OSVs as of December 31, 2010. The vessel additions under the fourth OSV newbuild program should result in a projected average new generation OSV fleet complement of 49.8 vessels for the fiscal year 2010. Since June 30, 2010, Hornbeck has reactivated two of its seven new generation OSVs that were stacked in order to temporarily support oil spill relief activities. Assuming that four of the other five inactive new generation vessels remain stacked and given the 2010 sale of one stacked conventional OSV, the Upstream guidance gives effect to an annual average of 6.1 new generation OSVs and 2.2 conventional OSVs being stacked throughout fiscal 2010. Accordingly, Hornbeck's active fleet of new generation OSVs, which averaged 39.2 vessels for fiscal 2009, is expected to average 43.7 vessels for fiscal 2010. Fleetwide average new generation OSV dayrates are anticipated to be in the $18,000 to $20,000 range and fleetwide new generation OSV utilization for the 49.8-vessel fleet is anticipated to average in the low to mid-70% range during the 2010 guidance period. This average utilization estimate allows for approximately 865 days of aggregate downtime, 636 days of which were incurred during the first half of 2010, related to customer-required modifications and pre-positioning of the eight vessels that are mobilizing to Latin America during 2010 for multi-year charters. Hornbeck owns and is operating an average MPSV fleet complement of 3.8 vessels in the spot market for the fiscal year 2010. However, the DP-3 “HOS Achiever” incurred roughly 110 days out-of-service during the first half of 2010, for the installation of a 100-ton crane in Norway. This crane installation downtime reduced the effective MPSV fleet complement for the year to 3.5 vessel-equivalents, up from 1.8 vessels in fiscal 2009. Based on Hornbeck's current spot dayrate and utilization assumptions for its four MPSVs, these vessels are expected to produce EBITDA in the range of 20% to 30% of the mid-point of Hornbeck-wide fiscal 2010 guidance range compared to approximately 15% of Hornbeck's actual EBITDA for fiscal 2009. Hornbeck expects that cash operating expenses per OSV vessel-day in fiscal 2010 will be in-line with fiscal 2009 levels for vessels that were in service for each of the past two years, excluding contract-related costs recoverable through higher dayrates or other revenue. Hornbeck expects maintenance capital expenditures and other capital expenditures to be approximately $29.0 million and $21.7 million, respectively for the full-year 2010. Over the next few years beyond 2010, Hornbeck expects that its annually recurring maintenance capital expenditure budget for its growing fleet of vessels will range between $35.0 million and $45.0 million per year. Its fourth OSV newbuild program consisted of vessel construction contracts with three domestic shipyards to build six 240 ED class OSVs, nine 250 EDF class OSVs and one 290 class OSV, respectively. Fifteen of these 16 new generation DP-2 OSVs have already been added to the Upstream fleet on various dates since May 2008. The one remaining OSV under this newbuild program, the 250’ “HOS Wildwing” (see page 19), is expected to be placed in service in September 2010. Inclusive of these vessel deliveries, the aggregate cost of this program is now expected to be approximately $440.0 million. From the inception of this program through June 30, 2010, Hornbeck has incurred $427.2 million of total expected project costs, including $7.0 million incurred during the second quarter of 2010.


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GulfMark Offshore, Inc. announced that June 30, 2010 quarter ended revenue was $92.8 million and net income, before special items, was $11.9 million. Reported net income for the quarter ended June 30, 2010 includes two special items: previously disclosed accrual for Norwegian taxes ensuing from a change in tax law and an impairment of goodwill resulting from the increased uncertainty in the Gulf of Mexico. Total contracted future revenue increased to $663 million as of June 30, 2010, an increase of 55% over the prior quarter and its highest level since the first quarter of 2009. Cash flow from operating activities was $17.4 million for the quarter. Subsequent to June 30, 2010, GulfMark completed its new-build construction program and a final

construction payment of $3.7 million was made upon completion. As previously announced, the Norwegian government declared in February 2010 that revisions made in 2007 to its tonnage tax regime were unconstitutional. As a result, GulfMark recorded a $15.0 million benefit, including a cash refund of approximately $3.0 million in the first quarter. In June, the Norwegian government enacted new legislation, and as a result GulfMark recorded a $4.9 million charge in the second quarter. GulfMark periodically reviews its intangible assets for impairment. In the second quarter, GulfMark concluded that the portion of goodwill relating to its Americas operating segment was impaired in its entirety. The after-tax goodwill impairment charge recognized in the second quarter was $97.7 million. This non-cash charge does not impact GulfMark's liquidity position or its debt covenant compliance. Revenue for second quarter 2010 was $92.8 million, an increase of 10% over prior quarter 2010. Utilization and revenue were up over the prior quarter in all three operating regions. In the Americas, revenue was up $5.2 million. Utilization in the Americas was 92%, a 12% point increase. Within the region, utilization in the Gulf of Mexico continued to increase, up 10% points to 91% in second quarter 2010. The average day rate was up approx. 1%. In the North Sea, revenue increased $1.9 million. The average day rate increased 4% before the foreign currency effect of continued strengthening in the U.S. dollar, which when factored in, resulted in a 2% decrease in the average day rate. Utilization in the North Sea increased 1%. Revenue was up $1.0 million in Southeast Asia. Quarterly utilization increased in Southeast Asia to 93%, a 10 percentage point increase, but the quarterly average day rate decreased approximately 7%. Drydock expense was approx. $6.2 million in the second quarter, down $0.8 million from first quarter 2010. Direct operating expenses for the second quarter were $42.7 million. Operating costs decreased $0.9 million due to currency effects, but increased approximately $500,000 due primarily to the operating expenses for a new vessel delivered in the North Sea midway through the first quarter. Operating income before special items was $18.5 million, up 108%, or $9.6 million. The increase was driven by $8.1 million of additional revenue, complemented by approx. $1.5 million of lower costs. Net loss after special items for the quarter was $90.7 million. Bruce Streeter, President and CEO, commented, "The second quarter was better than we expected, with strong market conditions developing in the North Sea and, prior to the incident in the Gulf of Mexico, continuing positive signs in the Americas. The outlook for the remainder of 2010 and 2011 in the Gulf of Mexico is very uncertain. We currently have a significant portion of our U.S. fleet involved in the cleanup effort in the Gulf of Mexico. As the cleanup begins to wind down, these vessels are likely to be released into a very competitive market in the Gulf of Mexico. We will continue to look at selectively relocating vessels to other markets within the Americas as more profitable opportunities arise outside the Gulf of Mexico. The number of deepwater drilling rigs that end up leaving the Gulf of Mexico to pursue profitable opportunities during the drilling moratorium, combined with the uncertainty of the future regulatory environment, makes us less optimistic than we were last quarter… On the brighter side, our international locations, particularly the North Sea, have increased our optimism over the past quarter. Spot rates in the North Sea have been particularly strong, and we have seen a marked increase in long-term tender activity and related projects. Southeast Asia has experienced lower average rates recently, but has shown its resilience as utilization and total revenue have rebounded sharply from the dip we saw in the first quarter of 2010… We took delivery of the ‘Sea Valiant’ and the ‘Sea Victor’ since our last conference call.”


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“The delivery of these two medium-sized anchor handlers completes our new build construction program. The vessels are destined for the Southeast Asia market, where they will complement our existing fleet of profitable medium-sized anchor handlers in that region. The completion of the program is advantageous because it releases us from capital commitments during this phase of the energy commodity cycle, but our intention is not to stagnate. We will continue to pursue those capital projects that add to long-term shareholder value as well as disposals in line with our fleet management objectives." Mr. Streeter continued, "We are optimistic about the future, although the near term is difficult to predict with any certainty. Our outstanding utilization in the second quarter occurred despite the events in the Gulf of Mexico and a number of contract changeovers in international markets. Forward contract cover, which has always been viewed as part of our strength, increased in Asia and the Americas, but was particularly strong in the North Sea. We executed a long-term contract with Petrobras to move four of our Gulf of Mexico vessels to Brazil, which we will do sequentially as they complete their existing contracts and planned drydocks. The vessels will be delivered to Brazil throughout the second half of 2010 and potentially into early 2011. We will continue to focus on other areas in the Americas where we have had recent success, including Mexico and Trinidad… Although the present environment demands constant attention, we will also focus on the future. Keeping our vessels working in tough times is due in part to ensuring throughout the cycle that we maintain a young, technologically advanced fleet. We will continue to work to meet our customers' expectations and to look for opportunities that allow us to maintain and improve our fleet value, mix, and earning capacity."

Revenues in the North Sea region decreased by $9.1 million, or 19.7%, to $37.2 million in the second quarter of 2010 compared to the same period of 2009. This decrease was a result of a combination of currency effects and the decrease in day rates from $21,199 to $16,478, which contributed $7.6 million to the decrease in revenue. This is offset by the increase in capacity of $2.0 million resulting primarily from the delivery of two new vessels, one in the fourth quarter of 2009 and one in the first quarter of 2010. Even though utilization increased from 93.1% in the second quarter of 2009 to 95.1% in the current quarter, revenue decreased by $3.5 million reflecting the negative effects of the mix of days worked associated with lower day rate vessels. Operating income decreased $13.4 million compared to the prior year quarter, due to the decrease in revenue and higher operating expenses. Drydock expense increased by $0.8 million due to approximately 18 more drydock days. Depreciation expense increased mainly due to the new vessel additions.

General and administrative expense in the second quarter of 2010 was $2.7 million compared to $2.5 million in the prior year quarter.

GulfMark Offshore’s Utilization & Day Rates

2010 2009 2008


Utilization

North Sea 95.1% 90.2% 87.2% 90.5% 93.1% 84.5% 96.8% 94.1% 95.3%

Southeast Asia 92.8% 83.1% 93.1% 85.8% 93.8% 87.2% 99.2% 97.2% 86.6%

Americas 91.7% 79.8% 64.8% 57.3% 79.9% 92.9% 95.7% 93.9% 85.5%

Avg. Day Rates

North Sea $16,478 $16,771 $17,173 $20,171 $21,199 $21,073 $21,176 $23,449 $21,766

Southeast Asia $16,817 $18,039 $20,105 $21,180 $21,201 $20,699 $19,928 $18,844 $17,992

Americas $13,486 $13,362 $14,395 $16,894 $15,704 $17,302 $17,090 $16,815 $15,854

No. Vessels

North Sea 25.2 25.3 24.4 24.0 25.0 25.9 26.3 27.0 27.0

Southeast Asia 12.1 12.0 12.0 11.7 11.0 11.2 11.3 12.8 14.8

Americas 35.3 36.0 36.0 35.8 34.8 33.2 32.7 31.0 7.0


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Revenues for the Southeast Asia based fleet decreased by $2.7 million, or 13.7%, to $16.8 million in the second quarter of 2010. The decrease was primarily attributable to the decrease in day rates from $21,201 in the second quarter of 2009 to $16,817 in the current year quarter which, coupled with currency effects, reduced revenue by $4.6 million. Capacity increased revenue by $2.8 million as a result of the addition of one new vessel in the third quarter of 2009. Utilization for the second quarter of 2010 decreased from 93.8% to 92.8% in 2010 reducing revenue by $0.9 million. Operating income for Southeast Asia was $10.0 million in the second quarter of 2010 compared to $14.7 million in the same 2009 quarter. The decrease is due mainly to the decrease in revenue coupled with an increase in drydock cost. Drydock costs increased by $1.1 million as a result of 32 more drydock days in the second quarter of 2010 than in 2009.

The Americas region revenues for the second quarter of 2010 was basically unchanged compared to the second quarter of 2009. Utilization increased from 80.2% in the second quarter of 2009 to 91.7% in the current year quarter contributing $3.3 million to revenue. Day rates decreased from $15,637 in the second quarter of 2009 to $13,486 in the current year quarter, negatively impacting revenue by $3.6 million. Two vessels added to capacity in the second half of 2009 increased revenue by $0.3 million. Operating loss was $92.5 million in the second quarter of 2010 compared to operating income of $8.4 million in the second quarter of 2009. The 2010 operating loss includes a $97.7 million charge related to the impairment of goodwill. Absent this charge, the region generated operating income of $5.2 million. The decrease in operating income is due mainly to a $1.3 million increase in direct operating costs and a $1.5 million increase in drydock costs. Although GulfMark experienced 10 less drydock days in the second quarter of 2010 compared to 2009, the average cost of the drydocks was substantially higher.

Havila Shipping ASA achieved a result before tax of NOK 123.2m (US$ 20 million) in Q2 2010, compared with NOK 114.2m (US$ 18.5 million) in Q2 last year. Year to date profit before tax was NOK 108.4m, compared to first half year 2009 profit before tax NOK 278.6m. Total income in Q2 2010 ended at NOK 433.2m whereof NOK 154.4m is gain on sale of “Havila Troll”, compared with NOK 251.4m in Q2 2009. Year to date total income ended at NOK 655.5m. In the first half year of 2009, total income was NOK 466.9m. Net financial items include unrealized exchange rate differences on currency positions and forward rate contracts of NOK 82.2m and NOK 91.7m for 2nd quarter and year to date, respectively. Havila Shipping had 23 vessels in operation as of June 30, 2010. This includes a management agreement for three vessels that are owned by companies outside the group. Four of the vessels are operated by the joint venture company in Singapore, Posh Havila Pte Ltd. Of owned vessels, three AHTSs were in the spot market during the quarter. The utilization has been acceptable. Havila achieved during the quarter a four year contract with Petrobras for the “Havila Favour” and a two year contract and one year option with TS Marine for the “Havila Phoenix”. It is an objective to achieve longer contracts also for AHTS vessels that now operate in the spot market. The spot market for offshore service vessels has strengthening during second quarter. Day rates have in average been acceptable through second quarter with high utilization especially for PSV vessels but partly also for AHTS vessels.


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Tidewater Inc. of New Orleans first quarter net earnings for the period ended June 30, 2010, of $39.8 million on revenues of $262.5 million. For the same quarter last year, net earnings were $44.5 million on revenues of $326.6 million. The immediately preceding quarter ended March 31, 2010, had net earnings of $56.9 million on revenues of $260.0 million. Included in net earnings for the quarter ended March 31, 2010 were: 1) a $5.4 million reduction of the previously recorded "Provision for Venezuelan operations, net" as a result of net collections from insurance underwriters for the insured value of the vessels seized by Petroleos de Venezuela, S.A. (PDVSA) and an affiliate of PDVSA; 2) an $11.0 million foreign exchange gain recognized as a result of the devaluation of the Venezuelan bolivar fuerte, and 3) an $11.4 million charge to general and administrative expenses.

During the quarter ended June 30, 2010, vessel day rates in the U.S. Gulf offshore vessel market trended higher as the supply/demand fundamentals tightened due to the strong need for vessels to assist with the U.S. Gulf oil spill response effort that has been underway since the explosion of the “Deepwater Horizon” in April 2010. Increased demand for vessels helped drive average day rates and utilization rates for Tidewater’s U.S. segment higher during the quarter ended June 30, 2010, compared to the first and fourth quarters of FY2010. All of Tidewater’s available-for-work U.S. segment vessels were working at relatively full utilization, including a number of vessels assisting with the oil spill containment effort. At June 30, 2010, Tidewater had 13 U.S. Gulf-based stacked vessels that could resume active status, but only after expenditures to drydock and re-certify the vessels. Vessel revenues generated by international segment decreased approx. 17%, or $48.8 million, during the first quarter of FY2011 as compared to the same period in FY2010, while the vessel revenues generated by the U.S. segment increased approx. $0.4 million, or 2%, during the same comparative periods. Other marine revenues decreased approximately $15.6 million, or 97%, during the same comparative periods. International segment vessel operating costs increased approx. 3%, or $3.5 million, while Tidewater’s U.S. segment vessel operating costs decreased approx. 17%, or $2.5 million, the first quarter of FY2011 as compared to the same period in FY2010. Costs of other marine revenues decreased approx. $14.2 million, or 97%, during the same comparative periods. A significant portion of the operations are conducted internationally; therefore, Tidewater’s international vessel operations are the primary driver of its revenue and earnings. Revenues generated from international vessel ops as a percentage of total vessel revenues were 91% during the first quarter of fiscal 2011 and 92% during the same period in fiscal 2010. At June 30, 2010, Tidewater had 374 owned or chartered vessels (excluding joint-venture vessels and vessels withdrawn from service) in its fleet with an average age of 17.1 years. The average age of 177 newer vessels that have been acquired or constructed since calendar year 2000 as part of Tidewater’s new build and acquisition program is 5.0 years. The remaining 197 vessels have an average age of 28.1 years. During the quarters ended June 30, 2010 and 2009, Tidewater’s newer vessels generated $202.9 million and $184.6 million, respectively, of revenue and accounted for 86%, or $91.9 million, and 64%, or $99.5 million, respectively, of total vessel margin. Vessel operating costs exclude depreciation on Tidewater’s new vessels of $22.6 million and $17.7 million, respectively, during the same periods.


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Internationally-based vessel revenues decreased 17%, or $48.8 million, during the first quarter of FY2011 compared to first quarter FY 2010, due to an approx. 11% decrease in utilization rates on the vessels operating in international markets due to weaker demand for vessels and because of fewer vessels operating internationally as a result of vessel sales, stacking of vessels, and the seizing of vessels by the Venezuelan government. Average day rates for internationally-based vessels increased a modest 1% during first quarter FY2011 compared to first quarter FY2010, reflecting a change in the mix of vessels operating during first quarter FY2011. Leading edge day rates are generally declining across vessel classes; however, the impact of this

decline on average day rate statistics is mitigated by a change in the mix of vessels that worked during the quarter ended June 30, 2010, relative to the prior year quarter. In particular, Tidewater added 31 new vessels to the fleet since first quarter FY2010 and stacked a number of traditional vessels throughout FY2010 and during first quarter FY2011, and the traditional vessels generally earn lower day rates than newer vessels. As a result, the average working vessel during the quarter ended June 30, 2010 earned a higher day rate than the average working vessel during the quarter ended June 30, 2009. Also,

revenues decreased during the comparative periods because of the loss of revenue from the seizure of Venezuelan operations in May and July ‘09. Tidewater’s Venezuelan operations contributed no revenues during first quarter FY2011 compared to $10.8 million first quarter FY2010. International vessel revenues during first quarter FY2011 were comparable to the revenues earned by the internationally-based vessels during fourth quarter FY2010, primarily due to the addition of two deepwater class vessels during the current quarter, somewhat offset by the stacking of 19 traditional vessels in first fiscal quarter FY2011. Tidewater continued to stack and remove from its international active fleet vessels that could not find attractive charter contracts. At the beginning of fiscal 2011, Tidewater had 63 international stacked vessels. During first quarter FY2011, Tidewater stacked 19 additional vessels and sold six vessels from the previously stacked vessel fleet, resulting in a total of 76 international stacked vessels as of June 30, 2010. Vessel utilization rates are calculated by dividing the number of days a vessel works by the number of days the vessel is available to work. Stacked vessels depressed international utilization rates during the comparative periods because stacked vessels are considered available to work, and as such, are included in the calculation of utilization rates. Tidewater’s internationally-based towing supply/supply class of vessels realized approx. $61.1 million of the revenue losses (an approx. 34% decrease) during first quarter FY2011 compared to first quarter FY2010, due to lower utilization rates and average day rates resulting from weaker demand for the company vessels, vessel sales, and the seizure by the Venezuelan government. Vessel operating profit for international vessels decreased approx. 14%, or $6.8 million, during first quarter FY2011 compared to FY2010, due to 17% lower revenues, an increase of approx. 3%, or $3.5 million, in higher operating costs (primarily repair & maintenance, vessel operating leases and fuel, lube & supply costs), and an increase of approx. 10%, or $2.9 million, in higher depreciation expense. Fuel, lube and supply costs were higher by approx. 19%, or $2.3 million, first quarter FY2011 compared FY2010, due to vessel mobilizations on newly delivered vessels and because of vessels mobilizing from one international area to a different international area. Repair and maintenance costs increased, during first quarter FY2011, due to a greater number of drydockings performed in the quarter. In addition, in first quarter FY2011, Tidewater performed the first of four expected drydockings that they expect to complete in FY2011 within their largest anchor handling towing supply vessel class of vessels.


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Revenue for Tidewater’s U.S. towing supply/supply class of vessels decreased approx. $2.1 million (approx. 23%) due to an approx. 24% decrease in average day rates resulting from generally weak shallow-water vessel demand. High utilization for U.S. towing supply/supply class of vessels, in part, reflects disposition of vessels. U.S.-based vessel operating profit increased approx. $2.9 million, of 109%, during first quarter FY2011 due to higher revenues and an approx. $2.5 million, or 17%, lower vessel operating costs. Crew costs decreased approx. 13% during the first quarter FY2011 due to fewer vessels operating in the U.S. market because of disposition and stacking of vessels. Repair and maintenance costs were lower by approx. 15% because fewer vessel drydockings were performed. U.S.-based vessel revenues increased approx. 10%, or $2.3 million, during first quarter FY2011 compared to fourth quarter FY2010, due to a 5% increase in utilization rates, 4% increase in average day rates, and addition of one newly-constructed deepwater vessel in the market. Utilization and average day rates trended higher, during first quarter FY2011 compared 4Q FY 2010 because supply/demand fundamentals in the U.S. Gulf offshore vessel market improved with the oil spill containment effort. All vessel classes operating in the U.S. Gulf market had revenue increases during first quarter FY2011.

Quarterly Utilization and Average Day Rates for Tidewater Inc.

2010 2009 2008


Utilization Domestic Towing/Supply 44.10% 41.80% 35.80% 32.20% 39.40% 42.30% 49.00% 48.00% 49.80%

International

Towing/Supply 53.90% 56.70% 64.10% 71.10% 74.10% 74.60% 76.00% 75.70% 77.20%

Offshore Tugs 59.40% 56.80% 56.00% 60.40% 54.20% 66.80% 65.20% 60.40% 53.40%

Avg. Day Rates

Domestic

Towing/Supply $7,702 $7,413 $8,417 $9,623 $10,071 $12,402 $13,947 $12,867 $11,633

International

Towing/Supply $12,108 $12,259 $12,254 $12,428 $12,518 $12,787 $12,745 $12,375 $11,660

Offshore Tugs $6,402 $6,769 $6,654 $7,059 $7,744 $8,457 $8,149 $8,302 $8,931

No. Vessels

Domestic

Towing/Supply 24 23 25 26 26 26 32 33 34

International

Towing/Supply 200 201 206 208 217 230 224 224 226

Offshore Tugs 27 27 25 24 28 30 32 33 36

As of 30th June, Tidewater had commitments to acquire 11 vessels and build 24 vessels at different shipyards around the world (with one of these vessels being constructed in the U.S. by Tidewater's wholly-owned Quality

Shipyards) at a total cost, including contract costs and other incidental costs, of approx. $761.2 million. In regards to the 24 new-build vessels, Tidewater is committed to construction of eight AHTSs ranging between 5,150 and 8,200BHP, 14 PSVs between 3,250 and 5,400dwt cargo capacity, and two crewboats. Scheduled delivery began in July 2010, with delivery of the final vessel expected in March 2012. Tidewater also had at 30th June 30, binding agreements to purchase eight AHTSs three PSVs for a total cost of approx. $202.7 million. Tidewater took possession of seven of the eight AHTSs in July 2010 for a total cost of $123.1 million and will acquire the remaining one AHTS for a total cost of $21.1 million this month. Tidewater’s construction program has been designed to

replace over time their older fleet of vessels with fewer, larger and more efficient vessels, while also opportunistically revamping the size and capabilities of the fleet. During the first quarter of fiscal 2011, Tidewater disposed of 15 vessels, including five anchor handling towing supply vessels, five platform supply vessels and five crewboats. Seven of the 15 vessels disposed of were from the U.S. Gulf of Mexico vessel fleet while six vessels were from the international fleet. The remaining two vessels were disposed of from vessels previously withdrawn from service.


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Saudi Arabian Zamil Offshore Services Company Ltd. will invest SAR 40 billion (US$ 10.7 billion) over the next 10 years into shipbuilding. The company has achieved SAR2 billion (US$ 533 million) in shipbuilding returns during the past two years, according to Arab Steel. Zamil is building two 65.5m x 14.8m x 6.5m depth AHTSs, the “Zamil 63” and “Zamil 64”, for the Saudi Aramco company, the first of which is due to be delivered at the end of this year while the other is scheduled to be delivered in March 2011. Both 1,802mtdw vessels are powered by Wartsila 8L26 3,500HP diesels. Zamil Offshore has expansion plans in shipbuilding that would enable it to build larger ships along with maintaining and developing offshore platforms and facilities.

Aries Energy Corporation has sold its shares in Aries Offshore (Ugelstad Rederi AS until 2007), including various subsidiaries, to the Restis Group with its head office in Athens, Greece. The Restis Group is one of the largest shipping companies in Greece, and is currently involved in Bulk and Tanker shipping, Aviation, Banking, Entertainment and Real Estate. The Restis Group is controlled by Victor Restis, and has an annual turnover, including the shipping activities, of approx. US$ 2 billion. Aries owns four PSVs, the 1984 built, 2,500mtdw “Energy Lord” (ex Aries Lord, Active Lord, Gro Viking, Lord Supplier), the 2005 built, 5304mtdw “Energy Swan” (ex Aries Swan, Active Swan, Viking Swan,

Active Swan), the 2005 built, 3,300mtdw “Energy Scout” (ex Aries Scout, Island Scout) and the 1985 built, 3,230mtdw “Energy Girl” (ex Aries Girl, Active Girl). Deutsche Bank AG London Branch (DB) and Standard Chartered Bank (SCB), along with Abu Dhabi Commercial Bank (ADCB), DBS Bank Ltd (DBS), Mubadala GE Capital PJSC (MGE) and Al Khalij Commercial Bank (Al Khaliji) Q.S.C., have successfully arranged a US$ 185 million Credit Facility for Abraaj Capital- and Waha Capital-backed Gulf Marine Maintenance and Offshore Service Company (GMMOS), a leading United Arab Emirates-based provider of marine services to the offshore oil & gas industry. The proceeds of the US$ 185 million term loan facility refinance existing debt and will fund the Group’s growth in the offshore supply vessel sector, with a current focus on the GCC and South East Asia, and future expansion potential in West and North Africa. SCB and DB were mandated as bookrunners and IMLAs for this transaction, and had fully prefunded the deal in early May. ADCB, DBS and MGE then joined the deal as MLAs. Al Khaliji joined as a Lead Arranger. The Facility has a tenor of five years with an average life of 3.3 years. Joint bookrunners DB and SCB successfully closed syndication of the facility on August 16th 2010.

Mosvold Supply has won a legal battle with Otto Marine for the payment of refund guarantees for a cancelled anchor handler newbuilding. In April Mosvold Supply cancelled a contract for a 21,000BHP, VS 491 CD, anchor handler tug supply vessel ordered at Otto Marines Batamec shipyard in Indonesia. Otto Marine applied for court injunctions to stop Mosvold from receiving payments from the refund guarantees issued by Bangkok Bank. Mosvold has successfully had the injunctions put aside in the Singapore High Court. “The company is currently seeking legal advice in relation to its legal position on the above matters,” Otto Marine said.


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Edison Chouest has further increased its presence in Alaska with the acquisition of Fairweather, LLC. Based in Anchorage, Alaska, Fairweather was incorporated in 1976 as a weather advisory and logistics company. “We were working in support of Unocal in the early days and began to add services and companies in the years following, branching into weather forecasting and ice management,” said Fairweather’s Sherron Perry. Now the company provides emergency medical services, remote airfield operations, expediting, hazardous materials training, and safety training and equipment. Fairweather currently employs over 90 workers. In addition, Perry said that over the years the company has developed a number of joint ventures with many of the native village corporations operating in Alaska, pursuing strategic opportunities. “The Chouest acquisition of Fairweather provides the company with an instant presence here in the Alaskan market, as we have extensive inshore and offshore contacts,” added Perry. In the marine market, Fairweather also operated one vessel: the “Arctic Wolf”, a 130’ shallow draft landing craft with a moon pool, four point mooring system, and the ability to carry 150 tons of cargo. The vessel has U.S. Coast Guard certificate of Inspection and Load Line certificate from

the American Bureau of shipping. Vessel can carry 22 people with facilities for extended projects, including a desalinization plant. Chouest affiliate Nautical Ventures now operates that unique vessel. Fairweather is presently constructing the 70,000ft2 Deadhorse Aviation Center. It is located in Deadhorse, along the North Slope near the Prudhoe Bay oilfields and the Arctic Ocean. Upon the center’s completion in one year, it will provide the region with a massive logistics shore base.

South Korean-controlled shipbuilder STX Europe has replaced its CEO and president with a senior executive from its parent company STX. Su-Jou Kim replaces Sang-Ho Shin with immediate effect and the latter is to return to South Korea to be the chief operating officer of STX Offshore and Shipbuilding. South Korean conglomerate STX took control of the Norway based shipbuilder Aker Yards in 2008 and subsequently changed its name to STX Europe. STX Europe reported an EBITDA of NOK 205 million for the second quarter of 2010 which is an increase from NOK 75 million in the second quarter 2009. The Offshore & Specialized Vessels business area had a record EBITDA in the second quarter of NOK 298 million and the Cruise & Ferries business area had an EBITDA of NOK -92 million. During second quarter 2010 STX Europe received orders for NOK 12.4 billion and increased its order backlog to NOK 28.8 billion. After the end of second quarter the order intake has been 17 vessels with a total contract value of approx. NOK 6.9 billion. In the second quarter of 2010, STX Europe posted operating revenues of NOK 6.3 billion compared with NOK 6.6 billion in the corresponding period last year. The EBITDA result was NOK 205 million, compared with NOK 75 million in the second quarter 2009. The year-to-date EBITDA as per second quarter 2010 is NOK 292 million compared with NOK 81 million for the 2009 period. Overall operational performance of STX Europe's shipyards has been good during the first half 2010 and STX Europe delivered a total of 14 vessels, of which seven were delivered in the second quarter. The order intake was NOK 12.4 billion during the second quarter, giving an order backlog of NOK 28.8 billion comprising 50 vessels. The order backlog has increased by 29% or NOK 6.5 billion during second quarter 2010. The Offshore & Specialized Vessels business area achieved a solid EBITDA result of NOK 298 million compared with NOK 154 million in the second quarter of 2009. The business area continued its strong operational performance and was able to secure six new contracts for a total of NOK 2.9 billion during the quarter. After the end of the second quarter 2010 the Offshore & Specialized Vessels business area has entered into 16 new shipbuilding contracts with a total value of approx. NOK 6.7 billion. Based on strong earnings improvement, increased order backlog and solid operational performance, outlook for the business area is considered to be good.


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Featured Listings For Sale Direct From Owners

File: SU14740 Supply Boat 147.6' x 38.7' x 15.1' depth x 12.50' loaded draft. Built in 2006 at Yuexin Shipbuilding; Guangzhou, China. Singapore flag. GRT: 621. ABS +A1, OSV, (E), +AMS Unrestricted. Drydocking due 04/2011. 750mtdw. 78.7' x 29.5' clear deck. Deck load: 5mt/m2. Stern Roller. 2 x CAT 3512B total 3,500BHP. Fixed pitch prop(s) in kort nozzle(s). Bowthruster. Speed about @12kn max on MGO. Genset(s): 3 - 245kW / CAT; 40kW / CAT. Firefighting: 2 - 600m3/h @ 14 bar pumps & 2 water monitors

+ emergency pump. Quarters: 10 crew. 10 passenger berths. Seating for 30 passengers. Southeast Asia. File: SU16439 AHTS 164.0' x 43.3' x 17.1' depth x 14.76' loaded draft. Built in 2010. Foreign flag. GRT: 1,050. Deadweight: 800T. Deck load: 7T/M2. FO: 600m3 FW: 215m3 on 440m. Winch: 1 - Brake 200T; 2 - 5T capstan; 2 - 10T tugger; Shark jaw, Tow pin: 200T. Line Pull: 150T. Stern Roller. 2 x CAT 3516BHD total 5,150 BHP. 2 - FP prop(s). Bowthruster 5T. Bollard Pull: 62MT. Speed about 12.5kn. Genset(s): 3 - 245kW / CAT; 1 - 65kW / Cummins. Firefighting: FiFi: 2 - 600m3/hr; water curtain. Quarters: 38 (4-1, 1-2, 8-4). Air Conditioned. Galley. Newbuild scheduled for delivery in 2010. File: SU16444 AHTS 164.0' x 43.3' x 17.1' depth x 14.76' loaded draft. Built in 2010 China. Singapore flag. Class: BV 1 Hull Mach Supply Vessel & FiFi Ship Unrestricted. Deadweight: 750T. 200m2 clear deck. FO: 565m3 FW: 215m3. Winch: Double drum. Line Pull: 65T. Stern Roller. 2 x CAT 3516B total 5,150BHP. 2 - CP prop(s). Fuel Type: MDO Bowthruster KT-43-B1. Bollard Pull: 65T. Speed about 13kn. Genset(s): 2 - 315kW / CAT 3408 415v 50Hz 3ph. Firefighting: FiFi 1 class. Quarters: 38. 2 units available for late 2010 delivery. Far East. Delivery: 4Q 2010. File: SU16603 Supply Boat 166.0' x 38.0' x 13.0' depth x 11.00' loaded draft. Built in 1982 at Eastern Marine, USA. Mexican flag. GRT: 594. Class: ABS + A1/AMS. Deadweight: 1,200T. Deck Cargo: 559T on 110'x28' clear deck. FO: 57,818g FW: 6,208g DW: 143,094g Dry Bulk: 3,000ft3 in 4 tanks. Liq. Mud: 1,386BBL. Stern Roller. 2 x GM 16V149N total 1,800BHP. Bowthruster 300HP. Bollard Pull: 34MT. Speed about 12kn max. on m3/h. Genset(s): 2 - 75kw/GM8-71. Firefighting: 1 Monitor @ 1,000gpm. Quarters: 19 in 6 cabins. 25 day endurance or 7,200nm. Mexico East Coast.

File: SU16621 Supply Boat 176.0' x 38.0' x 12.5' depth x 10.90' loaded draft. Built in 1977 at Rysco Marine; Blountstown, FL. Rebuilt: 1993. U.S. flag. GRT: 297. Class: ABS loadline, New COI. Intermediate Survey in 08/2010. 120'x30' clear deck. FO: 77,236g FW: 47,471g DW: 75,000g. 2 x CAT D398 total 1,700BHP. Bowthruster Detroit 871. Speed about 10kn on 85gph. Genset(s): 2-210kW 208vAC. Quarters: 17 total. Air Conditioned. Galley. Undergone recent maintenance. Call for further guidance. U.S. Gulf Coast.

File: SU16632 Supply Boat 166.0' x 38.0' x 13.0' depth x 11.00' loaded draft. Built in 1980 at Halter Marine; Calumet, LA. U.S. flag. GRT: 286. Class: USCG certified (16 persons) ABS loadline. Deadweight: 872lt. Deck Cargo: 600LT on 108'x28.6' clear deck. Deck load: 540psf. FO: 59,548g FW: 7,440g DW: 87,716g Dry Bulk: 3,000ft3. Liq. Mud: 1,908BBL. 2 x GM 16V149 total 1,800BHP. 74" 4 blade Fixed Pitch prop(s). Bowthruster 300 HP. Bollard Pull: 15.8ST. Speed about 10-12.5kn on 75-85gph. Pump(s): DW 500gpm. FO 500gpm. Liq Mud 800gpm. Genset(s): 2 - 75kW / GM6-71. Quarters: 16 in 7 cabins. Air Conditioned. Galley. Contact Marcon for price ideas and arrangements. Vessel is laid up but reportedly in good condition. U.S. Gulf Coast.


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File: SU16639 Supply Boat 166.0' x 38.0' x 13.0' depth x 11.14' loaded draft. Built in 1980 at Halter Marine. Class: ABS + A1 Supply Vessel + AMS. Deadweight: 800T. Deck Cargo: 553.72T on 110'x30' clear deck. FO: 43,322g FW: 3,800BBL DW: 1,747BBL Dry Bulk: 3,000ft3 in 4 tanks. Liq. Mud: 837.75BBL. 2 x GM 16V149 total 1,860BHP. 74" x 64" prop(s) on 7" shaft(s). Keel cooled. Air start. Bowthruster 200HP. Speed about 12kn on 110gph. Genset(s): 2-75kW/GM6-71. Quarters: 16 in 7 cabins. Call for guidance. Marcon sold to present Owners. Mexico East Coast.

File: SU16648 Supply Boat 166.0' x 38.0' x 13.0' depth. Built in 1979 at Halter Marine; USA. Class: ABS +A1, +AMS New 5yr certificates Aug 2010. Deadweight: 805lt. Deck Cargo: 490T on 67.9'x32' clear deck. FO: 330.6T FW: 276m3 Dry Bulk: 85m3. Crane: 1-20T/2.99T SWL @ 8'/70' overhauled 03/02. 2 x GM 16V149NA total 1,860BHP. 2 - FP 4 blade 74" x 64" prop(s). Range @ 17,700nm at 8-9kn. Bowthruster 300HP. Speed about 8-10.5kn on 40-75gph. Pump(s): DW 90.6 TPH @ 48.8m; FO 54TPH @ 55m, Bulk 34TPH. Genset(s): 2 - 125kW / GM 6-71 440vAC. 2 monitors total 5,000gpm. Quarters: 32. Air Conditioned. Galley. Passengers: 23. Oil dispersant system. Rescue boat. Accommodations, air conditioning, bridge equipment & crane refurbished

03/2002. All tanks water blasted & ballast tanks coated. Owner just spent $400,000 on M/E, overhaul and upgrades, modification. One M/E replaced, two new tail shafts, 39T steel replaced. Reportedly excellent condition. Cargo water: 675.4T. Sold to current owner by Marcon. Mid East. Delivery: Prompt. File: SU17327 / SU17328 AHTS (2 each) 173.2' x 43.3' x 17.1' depth. Built in 2010 at Nantong MLC Tongbao Shipbuilding. Malaysian flag. GRT: 1,100. ABS + A1(E) Towing & OSV + AMS. Deadweight: 800mt. 275m2 clear deck. FO: 550m3 FW: 360m3 BW: 290m3. Winch: Double drum waterfall 180T brake; 2-10T tuggers; 2-5T capstans. Wire Capacity: 1,000m x 52mm. Stern Roller. 2 x Cummins QSK60-M total 4,400BHP. 4-blade 2,800mm fix pitch prop(s) in kort nozzle(s). Bowthruster. Bollard Pull: 50T. Speed about 11.2kn max on 12mtpd @max. Genset(s): 3 - 315kW / Cummins 415vAC 50Hz; 1 - 65kW / Cummins. Firefighting: FiFi 1/2: Monitors: 2 – 1,200m3/hr with foam 4.42m3 foam. Quarters: 37 (3-1, 3-2, 7-4 berth cabins). Undergoing sea trials. Electro-hydraulic storage reel. 200mt shark jaws (28-75mm chain & 50-765mm wire). 2-200mt hydraulic tow pins. Rescue Zone. 2 dispersant nozzles forward. Southeast Asia. Delivery: By Arrangement. File: SU17329 AHTS 173.8' x 39.4' x 15.7' depth x 12.50' loaded draft. Built in 2010 at Guangdong Jiangmen Shipyard; China. Singapore flag. GRT: 764. Class: BV. 2 x Cummins total 2,384BHP. Southeast Asia. File: SU17339 Supply Boat 172.9' x 47.9' x 16.1' depth. Built in 1975 at J.G. Hitzler; Germany. Rebuilt: 2002. Panama flag. Class: LR 100A1 Offshore Supply Ship, LMC, Unrestricted. Deadweight: 1,000mt. Deck Cargo: 600T on 20m x 11m clear deck. Deck load: 5mt/m2. FO: 500m3 FW: 329m3 BW: 24m3. Crane: 1 tonne SWL. Winch: Double drum waterfall. Line Pull: 40mt@5m/m. Wire Capacity: 900m 44mm. Stern Roller. 2 x MWM TBD44IV12 total 3,500BHP. Fixed Pitch 2,550mm x 2,550mm prop(s). 4SA 12cyl 230x270mm Deutz MWM. Bowthruster 300HP. Bollard Pull: 33ST. Speed about 10kn max on 4T-6tpd. Pump(s): FO: 50m3/hr; FW: 50m3/hr. Genset(s): 2 - 125kW / Volvo Penta 400vAC 50Hz. Firefighting: 2 - 600m3/hr fire monitors. Quarters: 24 (4-1, 6-2, 2-4) berths. Air Conditioned. Galley. Vessel underwent major conversion from gas processing vessel to supply vessel in 2002. Hull sponsoned out from 38.3' to 47.9' in 1992 when converted to gas processing vessel. Southeast Asia. Delivery: Prompt.


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File: SU17444 AHTS 173.8' x 43.6' x 19.7' depth x 14.76' loaded draft. Built in 1983 at Torrens; Port Adelaide, Australia. Vanuatu flag. GRT: 1,141. Class: ABS A1 (E), AMS, ACCU. Deadweight: 1,503T. Deck Cargo: 575MT on 86.92'x36.08' clear deck. Deck load: 5MT/m2. FO: 554m3 FW: 727m3. Winch: Norwinch double drum w/f. Wire Capacity: 2-900m x 52mm dia. Stern Roller. 2 x Nohab F38A total 4,040BHP. 2 - CP prop(s). in kort nozzle(s). Bowthruster. Bollard Pull: 65MT. Speed about 12-13kn on 8-13mtpd. Genset(s): 2 - 150kW, 2 - 40kW, 415v. 50Hz. Firefighting: FiFi class 1, 2 - 2,400m3/hr @ 120m head. Quarters: 10. Air Conditioned. Passengers: 8. 300MT shark jaws. For sale out of competition on a strictly "as is, where is" basis. Southeast Asia. File: SU17452 Maintenance Vessel 175.0' x 38.0' x 14.0' depth x 11.68' loaded draft. Built in 1974 at American Marine; USA. Panama flag. GRT: 400. Class: DNV +1A1 Supply Vessel. Deadweight: 853T. Deck Cargo: 500MT on 24.5mx9m clear deck. FO: 256T. Crane: 25T @ 25m MK60 Pettibone; 10T A-Frame. Winch: 4 drums/ea. Wire Capacity: 28mm x 500m. 2 x EMD 12-645E2 total 3,000BHP. 2 - FP prop(s). Bowthruster 2.2mt. Bollard Pull: 35T. Speed about 11kn cruise. Genset(s): 2 - Delco 75kW / 60Hz; 1 - 50kW. Quarters: 41 berths. Air Conditioned. Vessel substantially rebuilt and refurbished in 1997.Vessel well suited for dive support, survey, offshore construction and maintenance work. Price ideas and further details on request. Mid East. File: SU17502 AHTS 172.9' x 36.1' x 13.0' depth x 11.00' loaded draft. Built in 1968 at J.G. Hitzler, Germany. Egyptian flag. GRT: 495. Class: GL + 100A5 (E) Offshore Supply Vessel, Tug thru 5/2010. Deadweight: 725T. Deck Cargo: 329T on 243m3 clear deck. FO: 318m3 FW: 218m3 DW: 268m3 Dry Bulk: 100m3 in 2 tanks. Crane: 10T SWL. Winch: Double drum heavy duty. Line Pull: 40T. Stern Roller. 2 x MWM TB16RS18/22 total 2,740BHP. Fixed Pitch prop(s) in kort nozzle(s). Bowthruster 2.5T (210BHP). Bollard Pull: 34MT. Speed about 10-11kn. Genset(s): 3 - 112kW / MWM 220/380vAC. Firefighting: Fire monitor above wheelhouse 632gpm/3,200gpm water / foam. Quarters: 10 crew. Air Conditioned. Passengers: 12. Fitted with 4 point mooring, stern anchors 2 - 1.5T each. Sale "as is, where is". Mid East. File: SU17999 AHTS 180.1' x 40.0' x 14.1' depth. Built in 1979 at Burton, USA. Rebuilt: 2004. Panama flag. ABS + A1. Deadweight: 950T. Deck Cargo: 406.40T on 31.7m x 9.8m deck. FO: 290.20T FW: 64.3T Dry Bulk: 121.8m3 in 4 tanks. Winch: Smatco Dbl. Drum waterfall; 1 - 10,000lb Tugger. Stern Roller. 2 x EMD 16-567C total 3,320BHP. Range 10,200NM Bowthruster. Speed about 8-12kn on 15-137gph. Genset(s): 2 - 150kW / GM 12V71 450V 60Hz. FIFI monitor 1,000g/min; Oil dispersant system. Air Conditioned. Mid East. File: SU18002 Supply Boat 180.0' x 38.0' x 14.0' depth. Built in 1978 at Halter Marine. Mexican flag. GRT: 644. Class: ABS +A1, +AMS (exp 05 March 2013, Annual due 30 April 2010, next DD 05 March 2011). Deadweight: 450T. Deck Cargo: 600LT on 116'x29' clear deck. FO: 84,884g. FW: 56,086g. DW: 3,498BBL. Dry Bulk: 2,600ft3 4 tanks (disconnected). 2 x GM 16V149 total 1,860BHP. Stacks aft. 37days or 10,611nm. Bowthruster. Speed about 12kn. Genset(s): 2-125kW/GM8V71. Firefighting: 1 monitor (1,000gpm). Quarters: 13 berths in 6 cabins. Air Conditioned. Galley. Mexico East Coast.

File: SU18009 AHTS 180.1' x 40.0' x 14.0' depth. Built in 1979 at Halter Marine; Moss Point, MS. Panama flag. Class: BV as of 08/2000 (formerly ABS). Deadweight: 866mt. Deck Cargo: 383T on 97'x31' clear deck. FO: 515m3. FW: 293m3. DW: 636m3. Dry Bulk: 153m3. Winch: Smatco double drum; Line Pull: 136T. Wire Capacity: 2,000' x 2". 2 x EMD 12-645E7 total 4,300BHP. 2 - 300HP bow & 1-300HP stern thrusters. Range: 8,750nm @ 11kn. Bollard

Pull: 48MT. Speed about 11-13kn. Genset(s): 2 - 99kW / GM; 1 - 48kW 380V 50Hz 3ph. 1 - 425m3 monitor. Quarters: 22 berths. Passengers: 11. Anchor handling / towing / rig move / support supply / tanker ops / fifi and workboat, etc. On charter til end 2010. Open for sale with contract. Mid East. Delivery: End 2010.


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File: SU18021 Supply Boat 180.1' x 38.0' x 14.0' depth x 12.01' loaded draft. Built in 1977 at Halter Marine; Lockport, LA. U.S. flag. GRT: 685. Class: ABS (disc.). Deadweight: 1,000T. Deck Cargo: 750LT on 117' x 28' clear deck. 4 holds with hatches. FO: 84,000g FW: 13,000g DW: 518m3. 2 x GM 16V149TI total 2,240BHP. 2 - FP prop(s). Bowthruster. Bollard Pull: 12MT. Speed about 12kn. Genset(s): 2 - 99kW 440vAC 60Hz / GM. Quarters: 17 in 6 cabins. Air Conditioned. New wood deck and electronics. Last drydocked September 2007. U.S. Gulf Coast. File: SU18026 Supply Boat 180.0' x 38.1' x 14.0' depth x 12.00' loaded draft. Built in 1977 at Halter Marine; Lockport, LA. U.S. flag. GRT: 635. Class: ABS +A1, +AMS (disc.). Docking Survey due 08/2011. Special Survey due 04/2013. Deck Cargo: 715LT on 124' x 32' clear deck. FO: 84,942g FW: 13,000g BW: 142,565g Dry Bulk: 3,172ft3 in 4 tanks. Liq. Mud: 1,800BBL. 2 x GM 16V149NA total 1,800BHP. Fixed Pitch prop(s). Bowthruster 300HP. Speed about 12kn. Genset(s): 2-120kW / Delco / GM8V71. Quarters: 15 berths in 5 cabins. Galley. We may be able to develop on P&C basis subject to availability at time of commitment. Mexico East Coast. File: SU18047 Supply Boat 180.0' x 40.0' x 14.0' depth. Built in 1982 at Moss Point Marine; Escatawpa, MS. U.S. flag. GRT: 632. Class: ABS +A1, +AMS (disc.) Special Survey due 05/2014. Docking Survey due 06/2012. Deadweight: 1,200mt. Deck Cargo: 670LT on 110' x 30.3' clear deck. FO: 111,536g DW: 97,835g Dry Bulk: 3,600ft3 in 4 tanks. Liq. Mud: 1,572BBL. 2 x GM 16V149NA total 1,800BHP. Fixed Pitch prop(s). Bowthruster 300HP. Speed about 12kn service on 8.2tpd. Genset(s): 2 - 99kW/GM8V71. Firefighting: Aurora 421 1,100gpm fire monitor. Quarters: 12 berths in 6 cabins. Galley. We may be able to develop on P&C basis subject to availability at time of commitment. Mexico East Coast. Delivery: By arrangement.

File: SU18086 Supply Boat 180.0' x 40.0' x 14.0' depth. Built in 1980 at Bourg Drydock; Bourg, LA. Rebuilt: 2008. U.S. flag. GRT: 387. Class: ABS + A1 + AMS LL (Exp 2013), USCG COI exp May 2011. Deadweight: 850T. Deck Cargo: 550LT on 120' x 29.5' clear deck. FO: 58,000g. FW: 36,225g. DW: 3,571BBL. Dry Bulk: 4,000ft3. Liq. Mud: 2,100BBL. 2 x EMD 12-567BC total 2,500BHP. Last Overhauled 2008. Bowthruster. Speed about 12kn on 125gph. Genset(s): 2 - 75kW/GM6-71. 1 monitor with 1,000gpm. Quarters: 18 (crew + 10). Air

Conditioned. Galley. Working Gulf spot market. DP1 System. U.S. Gulf Coast. File: SU18094 Supply Boat 180.0' x 40.0' x 14.0' depth. Built in 1977 at Halter Marine. Mexican flag. GRT: 681. ABS +A1, Ice "C", Towing Service, +AMS Unrestricted (disc.). Docking overdue 02/2009. Deadweight: 1,000mt. Deck Cargo: 490LT on 112.5’ x 31.25' clear deck. FO: 163m3. DW: 129,959g. Dry Bulk: 6,000ft3 in 6 tanks. Liq. Mud: 1,813BBL. 2 x EMD 12-645C total 3,000BHP. M/E upgraded from EMD 12-567Cs. Bowthruster 300HP. Genset(s): 2 - 99kW / GM8-71. 4” fire pump powered by GM8V71. Quarters: 22 berths in 8 cabins. We may be able to develop on P&C basis subject to availability at time of commitment. Mexico East Coast. File: SU18117 Supply Boat 180.0' x 40.0' x 14.0' depth x 12.03' loaded draft. Built in 1983 at Most Point Marine Inc. St. Vincent flag. GRT: 627. ABS +A1, +AMS SOLAS. Deadweight: 959t. Deck Cargo: 550LT on 3,600ft2 clear deck. FO: 72,241g. FW: 37,904g. DW: 109,073g. Dry Bulk: 3,600ft3. Liq. Mud: 1,540bbl. 2 x CAT 3512 total 2,110BHP. Bowthruster. Genset(s): 2 - 99kW. 1 - monitor 500gpm. Air Conditioned. Straight supply vessel. Presently on charter until end 2010. Open for sale with contract. Mid East. Delivery: Prompt. File: SU18149 Supply Boat 180.0' x 40.0' x 13.5' depth. Built in 1977 at Halter Marine. Rebuilt: 2003. U.S. flag. GRT: 382. Unclassed. Coastwise Unrestricted Fisheries. FO: 19,450g. FW: 11,436g. BW: 47,357g. 2 x EMD 12-645E6 total 3,000BHP. Range 4,580nm @ 79gph. Bowthruster. Genset(s): 1 - 125kW / GM8V71; 1 - 150kW / GM8V71 480 / 240vAC 60Hz. 21 berths in 7 cabins. Former OSV converted to carry 251,944g fish slurry from tuna processor in 14 deck mounted tanks. South Pacific.


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File: SU18165 AHTS 180.0' x 40.0' x 14.0' depth x 12.00' loaded draft. Built in 1977 at Halter Marine; New Orleans, LA. Mexican flag. GRT: 682. Class: ABS +A1, Ice "C", Towing Service, +AMS Unrestricted. Docking Survey overdue 02/2009. Deadweight: 1,000mt. Deck Cargo: 610lt on 111.16' x 32.16 clear deck. FO: 98,000g BW: 137,806g Dry Bulk: 6,000ft3 in 6 tanks Liq. Mud: 1,808BBL. 2 x EMD 12-645-E6 total 3,000BHP. Bowthruster 300HP. Genset(s): 2 - 99kW / GM 8V71. 18 in 8 cabins. Galley. We may be able to develop on P&C basis direct from owners subject to availability at time of commitment. Mexico East Coast. File: SU18237 Supply Boat 180.0' x 40.0' x 15.0' depth. Built in 1980 at Halter Marine; Lockport, LA. ABS + A1 + AMS. Docking Survey due 03/2012. Deadweight: 1,200mt. Deck Cargo: 570mt on 310m2 clear deck. FO: 412m3. DW: 594m3. Dry Bulk: 127m3 in 6 tanks. Liq. Mud: 203m3. 2 x EMD 12-567BC total 2,520BHP. Bowthruster. Genset(s): 2 - 99kW 440vAC 60Hz. Quarters: 14 in 6 cabins. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Idle, but warm stacked. Southeast Asia.

File: SU18460 AHTS 184.9' x 38.0' x 15.0' depth. Built in 1977 at Quality Equipment, Houma, LA. Rebuilt: 2000. Panama flag. Class: BV I +Hull, +Mach Supply Vessel Unrestricted. DD due 30 Apr 2010, SS due 09/2010. Formerly ABS classed. Deck Cargo: 400T on 35m x 9.4m deck. FO: 365m3. FW: 278m3. BW: 285m3. Dry Bulk: 128m3 in 4 tanks. Liq. Mud: 1,396bbl. 2 - 3T electric tuggers. 2 x EMD 12-645E6 total 3,000BHP. Range: 12,000nm @11kn. Bowthruster. Genset(s): 2 - 75kW / Perkins 440V 60AC. Firefighting: 1,200m3/h pump with two monitors.

Quarters: 24 in 7 staterooms. Air Conditioned. Sale "as is, where is". Presently on short-term charter, but still available. Mid East. File: SU18501 Supply Boat 195.0' x 40.0' x 14.0' depth. Built in 1979 at Halter Marine; Moss Point. Foreign flag. Class: ABS +A1. +AMS (disc.). Special Survey due 08/2013. Docking Survey overdue 05/2010. Deck Cargo: 569mt on 40.84m x 9.57m deck. FO: 483.3mt. DW: 603.4m3. Dry Bulk: 501.7m3 in 6 tanks. Liq. Mud: 265.03m3. Winch: Single drum + 2 tuggers. Stern Roller. 2 x EMD 12-645E7A total 4,300BHP. Bowthruster. Bollard Pull: 38mt. Genset(s): 2-99kW Delco/GM8V71 440vAC. Quarters: 22 berths in 9 cabins. Working. We may be able to develop on P&C basis subject to availability at time of commitment. West Africa. Delivery: January 2011. File: SU18502 Supply Boat 185.0' x 40.0' x 14.0' depth. Built in 1977 at Halter Marine; New Orleans. Foreign flag. Class: ABS + A1, Ice Class "C", Towing Service + AMS Unrestricted. Special Survey due 07/2013. Drydocking 09/2011. Deadweight: 1,000mt. Deck Cargo: 589mt on 34.4m x 9.44m clear deck. FO: 264.61m3. FW: 551.78m3. BW: 551.78m3. Dry Bulk: 169.9m3 in 6 tanks. Liq. Mud: 282.04m3. Winch: Smatco 66. 2 x EMD 12-645CE2 total 3,000BHP. Bowthruster. Genset(s): 2 - 99kW. 1,500gpm Fire monitor. Quarters: 18 in 8 cabins. We may be able to develop on P&C basis subject to availability at time of commitment. West Africa. File: SU18513 Supply Boat 185.0' x 40.0' x 14.0' depth. Built in 1982 at Hudson Shipbuilders. Foreign flag. Class: ABS + A1 (E) + AMS. Special Survey, Drydocking Survey & Tailshafts due 01/2012. Deck Cargo: 600mt on 312m2 deck. FO: 252.1m3. DW: 524.8m3. Dry Bulk: 113.2m3 in 4 tanks. Liq. Mud: 181.6m3. 2 x CAT D399 total 2,250BHP. Gulf style low stacks aft. Bowthruster. Speed about 13kn service. Genset(s): 2 - 210kW / CAT 3406 440vAC 60Hz. Quarters: 18 in 9 cabins. Air Conditioned. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Call for price guidance. Far East.


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File: SU18515 Supply Boat 185.0' x 40.0' x 14.0' depth. Built in 1977 at Halter Marine. Mexican flag. GRT: 681. Class: ABS + A1, Ice Class "C", Towing + AMS, Unrestricted. Special Survey due 05/2013. Docking 05/2011. Deck Cargo: 410lt on 119'7" x 31'3" deck. FO: 73,098g. FW: 132,978g. BW: 132,978g. Dry Bulk: 6,000ft3. Liq. Mud: 1,812bbl. 2 x EMD 12-645E6 total 3,000HP. Bowthruster. Genset(s): 2 - 99kW. Quarters: 18 in 8 cabins. We may be able to develop on P&C basis subject to availability at time of commitment. Mexico East Coast. File: SU18521 Supply Boat 185.0' x 40.0' x 14.0' depth. Built in 1982 at Hudson Shipbuilders. Mexican flag.. Class: ABS + A1 (E) + AMS. Special Survey due 04/2013. Drydocking 08/2011. Deadweight: 1,200mt. Deck Cargo: 610lt on 116.5’ x 29.5’ deck. FO: 68,376g. FW: 138,650g. BW: 138,650g. Dry Bulk: 4,000ft3 in 4 tanks. Liq. Mud: 1,144bbl. 2 x CAT D399 total 2,250BHP. Genset(s): 1 - 210kW; 1 - 99kW. Quarters: 23 in 9 cabins. We may be able to develop on P&C basis subject to availability at time of commitment. Mexico East Coast.

File: SU18538 AHTS 185.0' x 38.1' x 16.0'. Built in 1982 at Mangone; Houston. Italian flag. RINA 100 A 1.1 - Nav. I.L.; Re; Ap (PI). Deadweight: 881mt. Deck Cargo: 330mt on 290m2 deck. FO: 385m3. FW: 112m3. DW: 166m3. Dry Bulk: 102m3. Liq. Mud: 144m3. Winch: SMATCO 66 DAW-200 double drum. Wire Capacity: 2,952' x 2". 2 x EMD 16-645E2 total 3,900BHP. CP prop(s). Bowthruster. Genset(s): 2 - 125kW; 1 - 150kW. 2 Fire monitors (200m3/hr ea). Mediterranean.

File: SU18568 Supply Boat 185.0' x 40.0' x 14.0'. Built in 1981 Halter Marine. Foreign flag. Class: ABS (exp 2012). Deck Cargo: 579 on 115' x 30' deck. FO: 337.2mt. FW: 568m3. Dry Bulk: 124m3 in 6 tanks. Liq. Mud: 272m3. 2 x EMD 12-645BC total 3,000BHP. Bowthruster. Genset(s): 2 - 99kW. Quarters: 16. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Idle. West Africa. File: SU18574 / SU18575 Supply Boats (2 each) 185.0' x 40.0' x 14.0' depth. Built in 1980 at Halter Marine. Foreign flag. Class: ABS + A1 (E) + AMS. Special Survey due 10/2011. Docking due 02/2010. Deck Cargo: 548mt on 306m2 deck. FO: 468m3. DW: 357m3. Dry Bulk: 93.4m3. in 4 tanks. Liq. Mud: 275.2m3. 2 x GM 16V149TI total 2,560BHP. Bowthruster. Genset(s): 2 - 99kW 440vAC 60Hz. 1 - 1,000gpm monitor. Quarters: 16 in 7 cabins. Air Conditioned. Galley. Presently idle. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Far East.

File: SU18855 AHTS 188.0' x 40.0' x 16.0'. Built in 1984 at St. Louis Ship. Vanuatu flag. Class: ABS, +A1(E), +AMS, Ice Class “C”. Deadweight: 1,128T. Deck Cargo: 258T on 30.4m x 9.4m deck. FO: 419.4T. Dry Bulk: 179m3. Liq. Mud: 242.3m3. Winch: Intercon Double-drum Waterfall DW200-SP. 2 x EMD 12-645E7C total 4,610BHP. Kort nozzles. Bowthruster. Bollard Pull: 68.1T. Genset(s): 2 – 90kW / 60Hz. Quarters: 17 berths. Air Conditioned.

Marcon sold to present owner. Full electronics. Vessel working with current ABS & Flag certificates. Substantially rebuilt and refurbished in 2006. Price ideas and further details on request. Mid East. File: SU18952 Supply Boat 190.0' x 43.5' x 16.0' depth. Built in 1974 at Carrington Slipways; Australia. Rebuilt: 1997. Class: LR +100A1 Hull, +Mach, Supply Vessel, Unrestricted. 30m x 10m clear deck. FO: 579m3. FW: 200m3. BW: 20m3. Winch: Swann type double drum waterfall. Stern Roller. 4 x Daihatsu 8PSTHCM26D total 4,400BHP. Bowthruster. Bollard Pull: 45mt. Genset(s): 2-250kW, 1-100kW. 2 - 600m2/hr fire monitors. Quarters: 22 berths. Underwent major rebuild in 1997. Safety equipment certificate for 42 persons. Reportedly US $600,000 spent on Special Survey. South Pacific. Prompt.


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File: SU19008 Supply Boat 190.0' x 38.0' x 13.0' depth x 11.50' loaded draft. Built in 1982 at Eastern Marine; Panama City, FL. Rebuilt: 1988. Mexican flag. GRT: 600. Class: ABS. Deck Cargo: 622mt on 126' x 28' clear deck. FO: 304mt FW: 618mt BW: 618m3 Dry Bulk: 127m3 Liq. Mud: 160m3. 2 x GM 16V149NA total 2,050BHP. Bowthruster 300HP. Speed about 12kn on 7.7tpd. Genset(s): 2 - 75kW Delco / 6V71 GM. Quarters: 19. Passengers: 19. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Vessel currently idle. Mexico East Coast. File: SU19014 Supply Boat 190.0' x 40.0' x 14.0' depth. Built in 1979 at Bollinger Machine; Lockport, LA. Mexican flag. GRT: 753. Class: ABS A-1 Ocean. USCG certified. All Certificates current. Deadweight: 750T. Deck Cargo: 612mt on 120' x 29' deck. FO: 114,450g. FW: 161,574g. BW: 161,574g. Dry Bulk: 3,600ft3 in 4 tanks. Liq. Mud: 4-1,862BBL. 2 x CAT D399 total 2,250BHP. Stacks aft. Bowthruster. Speed about 14kn. Genset(s): 1 - 99kW; 1 - 125kW. 500gpm monitor. Quarters: 19 berths. Air Conditioned. We may be able to develop direct from Owners on P&C basis subject to availability. Currently idle. U.S. Gulf Coast. File: SU19032 Supply Boat 190.0' x 38.0' x 15.0' depth x 13.00'. Built in 1974 at Quality Equipment; Houma, LA. Foreign flag. Class: ABS + A1, Towing Service + AMS. Unrestricted. Special Survey due 04/2013. Drydocking 07/2011. Deck Cargo: 650mt on 8.53m x 34.44m deck. FO: 260mt. FW: 636m3. BW: 636m3. Dry Bulk: 170m3 in 6 tanks. Liq. Mud: 153m3. Winch: Single drum. 2 x EMD 16-567BC total 3,000BHP. Bowthruster. Speed about 13kn. Genset(s): 2 - 75kW / GM 6-71. Quarters: 22 berths in 7 cabins. We may be able to develop on P&C basis subject to availability at time of commitment. West Africa. Delivery: January 2011. File: SU19041 AHTS 190.1' x 40.0' x 14.0' depth. Built in 1980 at Halter Marine. Foreign flag. Class: ABS - exp Aug 2009. Deck Cargo: 515T on 355m2 deck. FO: 538m3. FW: 540m3. DW: 540m3. Dry Bulk: 153m3. Liq. Mud: 238m3. Winch: Intercon Single Drum + 10 - Tugger. Line Pull: 54mt. Wire Capacity: 762m x 38mm. Stern Roller. 2 x EMD 16-645CE total 3,900BHP. Bowthruster. Bollard Pull: 41MT. Genset(s): 2 - 99kW 440V 60Hz. 250m3/h fire monitor. Quarters: 18. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Vessel currently idle. Southeast Asia.

File: SU19042 Supply Boat 190.0' x 38.0' x 14.0' depth. Built in 1975 at Halter Marine. Rebuilt: 1989. Panama flag. GRT: 172. Class: ABS (disc.). Deck Cargo: 610LT on 118' x 29' deck. FO: 83,786g. FW: 12,000g. DW: 221,170g. BW: 194,300g. Dry Bulk: 4,000ft3 in 4 tanks. Liq. Mud: 1,150BBL. 2 x GM 16V149 total 1,800BHP. Repowered mid-late 80s. Bowthruster. Genset(s): 2 - 99kW / GM8V71 & 1-70kW /GM4-71. Quarters: 26 in 7 cabins. Reportedly good condition. All tankage capacities from previous owners and liable to change. Central America.

File: SU19346 AHTS 193.5' x 40.1' x 18.4' depth. Built in 1975 at Bolsnes Werft, Norway. Panama flag. GRT: 990. Class: IMB thru June 2012. Drydocked Nov ‘09. Deadweight: 942mt. Deck Cargo: 570T on 111' x 32' deck. FO: 236,168g. FW: 58,646g. DW: 736MT. Dry Bulk: 6,000ft2 in 4 tanks. Winch: Brattvaag Double Drum 80T. Wire Capacity: 1,200m. Stern Roller. 2 x Nohab F216V825 total 7,040BHP. Liaaen CP prop(s) in kort(s). Bowthruster. Bollard Pull: 80MT. Genset(s): 2 - 275kW / GM; 1 - 192kW / Mercedes Benz 440vAC 60Hz. Quarters: 12 crew. Air Conditioned. Passengers: 18 supers. UT 704 standard design. Sale "as is, where is". Marcon previously sold this vessel in 1991. U.S. Gulf Coast. File: SU19348 Supply Boat 194.0' x 40.0' x 14.0' depth. Built in 1983 at Mc Dermott. Mexican flag. GRT: 886. ABS + A1, (E), +AMS. Deadweight: 1,016T. 119' x 30' deck. FO: 121,000g. DW: 223,000g. Dry Bulk: 6,000ft3. Liq. Mud: 1,129BBL. 2 x CAT D399SCAC total 2,250BHP. Kort nozzle(s). Bollard Pull: 27MT. Genset(s): 2 - 135kW. Quarters: 23. For sale out of competition on a strictly "as is, where is" basis. U.S. Gulf Coast.


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File: SU19354 Supply Boat 193.0' x 39.9' x 14.0' depth. Built in 1981 at Rysco; USA. Foreign flag. GRT: 682. Class: ABS +A1. Deck Cargo: 609T on 306m2 clear deck. FO: 266m3. DW: 647m3. Dry Bulk: 113.2m3. Liq. Mud: 186m3. 2 x CAT D399 total 2,250BHP. Bowthruster. Genset(s): 2 - 210kW / CAT 440v 60Hz AC. Quarters: 14 total. Air Conditioned. Call for price guidance. Southeast Asia. File: SU19407 AHTS 194.2' x 40.2' x 17.4' depth. Built in 1978 at Carrington Shipway; Australia. Vanuatu flag. GRT: 1,060. Class: ABS A1(E) & AMS, ACCU. Deadweight: 1,038T. Deck Cargo: 550MT on 95.1'x31.2' deck. FO: 568m3. FW: 173m3. DW: 326m3. Dry Bulk: 4 x 42.5m3. Liq. Mud: 100m3. Crane: 1-1.5T @ 6m hydraulic. Winch: Double drum w/f Smatco. Line Pull: 175MT. Wire Capacity: 2 – 1,200m x 58mm. Stern Roller. 2 x EMD 16-645E7A total 5,750BHP. CP prop(s) in kort nozzle(s). Bowthruster. Speed about 11.5-14kn. on 10-15mtpd. Genset(s): 2 - 400kW & 1x142kW; 415v 50/60Hz. Class 1 FiFi 2 - 2,400m3/hr @ 140m head. Quarters: 12. Air Conditioned. Passengers: 19. 5T/m2 deck load. 300MT shark jaws with tow pins. Sale strictly "as is, where is" out of competition. Southeast Asia. File: SU19431/SU19432 AHTS (2 each) 194.3' x 49.0' x 20.0' depth. Built in 2009/2010. Foreign flag. GRT: 1,500. Class: ABS +A1E Offshore Support Vessel, FiFi +AMS DP1. 1,400mtdw. 350m2 clear deck. FO: 540m3 FW: 500m3. DW: 400m3. BW: 400m3. Dry Bulk: 4 – 1,650ft3. Liq. Mud: 350m3. Crane: 1 - 3T @ 9m. Winch: 150T. Total 5,150BHP. CP prop(s). Bowthruster 6T CPP. Bollard Pull: 62T. Speed about 13kn. Genset(s): 3 - 350kW. Quarters: 42. Shark jaw and towing pins: 1 - 200T.

File: SU19439 AHTS 194.3' x 49.0' x 20.0' depth. Built in 2008 at Fujian Southeast Shipyard; China. Singapore flag. GRT: 1,500. Class: ABS +A1(E) Offshore Support Vessel, FiFi1 +AMS. Deadweight: 1,400mt. 350m2 clear deck. FO: 600m3. FW: 500m3. DW: 400m3. Liq. Mud: 350m3. Winch: hydraulic double drum waterfall; 2 - 10T tuggers. Line Pull: 150mt. Stern Roller. 2 x CAT 3516B-HD total 5,150BHP. CP prop(s). Range: 4,350nm @ 13kn. Bowthruster 6T. Bollard Pull: 64T. Speed about

13kn. Pump(s): FO: 150m3/hr; FW: 100m3/hr; DW: 100m3/hr; Genset(s): 3 - 315kW / CAT 415V 3ph 50Hz; 1 - 52kW. 2 – monitors; 1,200m3/hr FiFi 1; water curtain. Quarters: 40 in 14 cabins. Shark jaws and towpins. Southeast Asia. Delivery: Prompt. File: SU19738 Support Vessel 197.8' x 38.7' x 17.4'. Built in 1997 Ishii Zosen; Japan. Panama flag. Class: NK, Ocean Going International SOLAS Compliant. Deadweight: 1,174T. Deck Cargo: 500T on 98.4'x32.8' deck. FO: 450m3. FW: 514m3. Crane: 7.5T knuckle revolving. Winch: Waterfall 70T brake. Wire Capacity: 46mm-1,000m. 2 x Yanmar 6N260EN total 4,000BHP. CP prop(s) in kort nozzle(s). 13,500nm range. Bowthruster 520BHP. Bollard Pull: 45T. Genset(s): 2 - 250kVA & 1 - 125kVA AC 440/220vAC 60Hz. Quarters: 40. Multi-purpose workboat employed for survey work. 4 point mooring system on board, but provided at additional cost. 14-1, 5-2, 2-4 & 1-8 man rooms. Joystick control. 2-7T tuggers. Call Marcon with your requirements for a charter rate quote. South Africa. Delivery: Prompt.

File: SU19741 Maintenance Vessel 196.8' x 41.1' x 16.4' depth. Built in 1982 at Kanmon Zosen; Shimonoseki, Japan. GRT: 1,048. Class: ABS +A1 (E) AMS Continuous Hull Survey due 12/2012. Docking due 04/2011. Deadweight: 1,179mt. Deck Cargo: 500MT on 28.5m x 9.5m deck. FO: 262m3. FW: 330m3. DW: 495m3. Dry Bulk: 1,000ft3. Winch: Fukushima DDW200 waterfall double drum. Stern Roller. 2 x Daihatsu total 4,200BHP. kort nozzles. Bowthruster. Bollard Pull: 55mt. Genset(s): 3 - 150kW / Daihatsu 440vAC 60Hz 3Ph. Two external 6” monitors 240m3/h each.

Quarters: 39. Air Conditioned. AHTS converted to work / maintenance / hook-up vessel. Heavy Terrain portable crane shown in some photograph being removed and not included in sale. Mid East. Delivery: Prompt.


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File: SU19743 AHTS 197.5' x 42.7' x 19.7' depth x 16.10' loaded draft. Built in 1975 at Unterweser, Germany. Belize flag. GRT: 1,190. Class: RINA.100 A.1.1 Nav. I.L., Ice St., Oil Rec. Deadweight: 1,116T. Deck Cargo: 800MT on 121.4'x36' deck. FO: 827m3. FW: 196m3. DW: 480m3. Dry Bulk: 9,460ft3. Liq. Mud: 273m3. Crane: Norwinch - 15 mt telescopic. Winch: Norwinch Double Drum. Line Pull: 150T. Wire Capacity: 1,500m, 1,200m x 57mm. Stern Roller. 2 x MAK 9M453AK total 6,000BHP. CP prop(s) in kort nozzle(s). Bowthruster. Bollard Pull: 87.5MT. Speed about 14.3kn. Pump(s): FO-150m3/h; FW-130m3/h.; DW-170m3/h, MVD 30m3/h. Genset(s): 3-450kVA, 1-92.5 kVA, 440vAC 60Hz. Quarters: 12. Air Conditioned. Passengers: 16. 2 Rig chain lockers (dedicated). Reportedly good condition & in class. Recovered oil - 165m3. 2 person Hospital. Mid East. File: SU19744 AHTS 196.8' x 42.0' x 17.6' depth. Built in 1982 at Clelands SB, UK. Vanuatu flag. GRT: 1,017. Class: GL. Deadweight: 1,035T. Deck Cargo: 500T on 114.1'x31.8' deck. FO: 624m3. FW: 407m3. DW: 527m3. Dry Bulk: 170m3 in 4 tanks. Winch: Brattvaag double drum. Line Pull: 150T. Stern Roller. 2 x Nohab 8V25 total 4,940BHP. Liaaen CP prop(s) in kort nozzle(s). 1994: Re-engined. Bowthruster 5.5T. Bollard Pull: 50MT. Speed about 14kn. Genset(s): 2 - 500kW/CAT. Firefighting. Quarters: 9 crew. Passengers: 12. Poscon joystick control. Tow pins. For sale out of competition on a strictly "as is, where is" basis. Price: $2,075,000. File: SU19756 AHTS 197.6' x 42.6' x 15.91' loaded draft. Built in 1977 at Maritima de Axpe S.A., Bilbao, Spain. GRT: 1,194. Class: RINA, 100 A 1.1 Nav I.L. Deadweight: 1,118mt. 36m x 10.5m deck. FO: 442m3. Dry Bulk: 267m3. Liq. Mud: 171m3. Winch: Norwinch waterfall. Line Pull: 165T. 2 x MAK 9M453AK total 6,600BHP. VPP Lips in kort nozzle(s). Bowthruster. Bollard Pull: 87MT. Genset(s): 3 - 450kVA / 400V / 60Hz. Firefighting: 2 – 1,200m3/hr - total 2,400m3 (FiFi 1). Quarters: 24 berths. Air Conditioned. Marcon sold to present owner. Vessel working with current RINA & Flag certificates. Vessel substantially rebuilt & refurbished in 2007. Mid East. File: SU19847 Supply Boat 198.1' x 47.2' x 21.3'. Built in 1986 at Richards (Shipbuilders) Ltd, U.K. GRT: 1,532. DnV +1A1 Supply Vessel E0. 2,154mtdw. Cargo: 850mt on 356m2 (35.6mx10m) deck. FO: 521m3. FW: 416m3. DW: 526.4m3. Dry Bulk: 170m3 in 4 tanks. Liq. Mud: 366m3. Calcium Chloride / Brine: 359m3. 2 capstans 10T pull. 3 x Cummins KTA50M-1 total 4,900BHP. 2 VP Liaaen 1,500HP azimuthing prop(s) in kort nozzle(s). Diesel electric. Two 1,585SHP electric motors. Total power 4,899HP. Bowthruster 2 - 700BHP. Speed about 8/10/12kn on 3.25-4.7-10.8T. Genset(s): 3 - 1,137kW; 1 - 185kW / CAT 3406 440vAC 60Hz. Firefighting: 2-1,200m3/h pumps. 2-120m throw monitors. FiFi 1. Quarters: 22. Air Conditioned. ME 204 design medium-size PSV with good capacities and Poscon joystick control. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Southeast Asia. File: SU20005 DP Supply Boat 200.0' x 40.0' x 15.0' depth. Built in 1999 at Erin; Manaus, Brazil. Mexican flag. GRT: 939. Class: ABS +A1 +AMS DPS-1. Deadweight: 1,226T. Deck Cargo: 810lt on 112' x 33' deck. FO: 317,007g. BW: 16,921g. Crane: 40MT Knuckle Boom. 2 x EMD 12-645F7B total 4,610BHP. Bow & Stern thrusters: Omega Jets Bowthruster. Dynamic Positioning. Genset(s): 2 - 175kW / Cummins NT 855-G4. Quarters: Certified for 62. Mexico East Coast. Delivery: Prompt.

File: SU20044 AHTS 200.7' x 42.6' x 20.8'. Built in 1975 at Kremer Elmshorn; Germany. Class: DNV + 1A1. Ice 1B. SF. Tug. EO/WW. (formerly GL). Deadweight: 733mt. Deck Cargo: 646mt on 31m x 10m clear deck. FO: 662m3. FW: 196.9m3. Crane: 10.7m length telescopic. Winch: Hatlapa double drum waterfall. Line Pull: 150T. Wire Capacity: 1,000 / 800m 64mm. Stern Roller. 2 x MAK 12M453AK total 7,000BHP. Wartsila 4 blade CP prop(s) in kort nozzle(s). Bowthruster. Bollard Pull: 90mt. Genset(s): 1 - 345kW / CAT3406TA; 1 - 184kW / CAT3306TA 440vAC 60Hz. Quarters: Total 23 in 10 cabins. Air Conditioned. Currently

laid up in shipyard with crew on board. Poscon joy stick maneuvering system. Becker flap rudders. 200mt SWL tow pins & 440mt SWL Karm fork. Southeast Asia. Delivery: Prompt.


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File: SU20143 AHTS 201.1' x 43.0' x 17.0' depth. Built in 1983 at Sing Koon Seng; Singapore. GRT: 1,109. Class: ABS. Deadweight: 1,565T. Deck Cargo: 600T on 30.8m x 11m deck. FO: 637.32T. FW: 294m3. DW: 573m3. Dry Bulk: 142m3. Liq. Mud: 186m3. Winch: Intercon Double-drum Waterfall.. Line Pull: 220,400lbs. Stern Roller. 2 x Yanmar 8Z280LET total 4,800BHP. VP prop(s) in kort nozzle(s). Bowthruster 4.5T. Bollard Pull: 53MT. Speed about 9-10kn on 18T. Genset(s): 2 – 175kW 50 Hz. Quarters: 24 berths. Air Conditioned. Passengers: 8. Marcon sold to present owner. Vessel working with current ABS & Flag certificates. Substantially rebuilt and refurbished in 2006. Mid East. File: SU20400 AHTS 204.0' x 40.0' x 16.5' depth. Built in 1974 at Bellinger SY; Jacksonville, FL. Panama flag.

GRT: 295. Class: BV. Deadweight: 934mt. Deck Cargo: 530T on 315m2 deck. FO: 378m3. FW: 340m3. DW: 4,550BBL. Dry Bulk: 3,680ft3 in 4 tanks. Winch: Smatco double drum 72DAW 250 w/f. Line Pull: 350,000lb. Wire Capacity: 3,500' 2.25". Stern Roller. 2 x Alco 12-251F total 5,600BHP. 108" x 92" 4 blade stainless prop(s) in kort nozzle(s). Bowthruster 450HP. Bollard Pull: 52.5MT. Genset(s): 2-200kW 208/440v AC 60HZ & 1 - 94kW 380v 50Hz. 1200m3/h fire pump & 2 monitors. Quarters: 22 in 8 cabins. Air Conditioned. Range 9,150nm @ 11kn. 5T &

7T tuggers. Safety equipment in accordance with SOLAS. Dispersant system. Working spot market, but open for sale “as is, where is”. Mid East. Delivery: Prompt. File: SU20544 Supply Boat 205.0' x 44.0' x 15.0' depth. Built in 1978 at Burton Shipyard; Port Arthur, TX. Rebuilt: 1994. GRT: 952. Class: ABS. Deck Cargo: 701mt on 140'x36' (398m2) deck. FO: 453m3. FW: 897m3. BW: 897m3. Dry Bulk: 6,000ft3. Liq. Mud: 263m3. Winch: Smatco Dbl Drum + 2 - Tuggers. Wire Capacity: 945m x 2". 2 x EMD 12-645E2 total 2,500BHP. Bowthruster. Bollard Pull: 43mt. Genset(s): 3 - 150kW / 8V71GM. Quarters: 16. Air Conditioned. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Vessel currently available March 2011. West Africa. File: SU20751 DP-2 AHTS 208.0' x 51.8' x 22.3' depth. Built in 2010. Class: DNV +1A1TUG Supply Vessel FIFI 1,SF, DYNPOS-AUTR DK(+) HL (2.8). 1,921mtdw. Lt. Disp: 1,803mt. Deck Cargo: 700T on 428m2 (33m x 13m) deck. FO: 804m3. FW: 472m3. DW: 510m3. BW: 510m3. Dry Bulk: 204m3. Liq. Mud: 415m3. Calcium Chloride / Brine: 201m3. Crane: 1 - 3T boom 12m. Winch: 150T waterfall d/d, 250T brake; 2 - 10T tugger. Line Pull: 150T. Wire Capacity: 1,200m x 60mm. Stern Roller. 2 x GE 7FDM12 total 6,140BHP. CP (4 blades) prop(s). Stern thruster 670HP. Bowthruster 2 – 670HP. Dynamic Positioning. Bollard Pull: 82T. Pump(s): 2 – 1,500m3 @ 14 bar (fire). Genset(s): 2 – 1,000kW (shaft); 2 - 350kW / Volvo Penta; 1 - 88kW. Firefighting: FiFi 1: 2 water monitors, 1 - 1 foam & water @ 1,200m3/hr @125m. Quarters: 32. 1 hospital. Galley. Foam/Disp: 20m3/20m3. Watermaker: 15m3 a day. Shark Jaws / Tow pins: 200T. While owners primarily interested in longterm bareboat or time charter, we may be able to develop for outright sale on a P&C. DP2. Southeast Asia. File: SU20952 AHTS 209.6' x 42.6' x 20.8' depth x 18.63' loaded draft. Built in 1973 at H.H. Bodewes, Netherlands. Rebuilt: 2003. Malaysian flag. GRT: 1,356. Class: ABS Oceangoing + A1 (E) + AMS Last DD 06/2010. Deadweight: 1,105T. Deck Cargo: 500T on 302m2 deck. FO: 502.63m3. FW: 419.15m3. DW: 179.86m3. Dry Bulk: 177.76m3 (6,275ft3) in 5 tanks. Liq. Mud: 80m3. Winch: 146T@stall. Wire Capacity: 1,000m x 61mm; 2 -760m x 58mm. Stern Roller. 2 x Stork Werkspoor 6TM410 total 8,000BHP. Kort nozzle(s). Bowthruster. Bollard Pull: 97MT. Speed about 13kn max on 7.6-12T@8-11kn. Genset(s): 4 - 170kVA / Stork. FiFi 1; 2 – 1,200m3/hr @10 bars 120m throw. Quarters: 6-1, 2-1 (extra bunk), 1-2. Air Conditioned. Passengers: 28 bunks. Fitted with built-in heavy duty bow pusher for tanker operation. Shark jaws. Rig chain lockers (2,438m x 3"). Inviting best offers. Price guidance on request. Southeast Asia. Delivery: Prompt.


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File: SU20955 AHTS 209.8' x 43.7' x 20.8' depth. Built in 1973 at H.H. Bodewes; Millingen a/d Rijn. Malaysian flag. GRT: 1,294. Class: BV I Tug, Unrestricted. Special Survey completed 06/2007. Deadweight: 785mt. Deck Cargo: 500T on 302m2 deck. FO: 679.9m3. FW: 110m3. DW: 595m3. Dry Bulk: 186m3 in 5 tanks. Winch: Giessen 3-drum. Wire Capacity: 1,000m x 61mm / 760m x 58mm. Stern Roller. 2 x Stork Werkspoor 6TM410 total 8,000BHP. Lips 4-blade 2.9m CP prop(s) in kort nozzle(s). Bowthruster. Bollard Pull: 95T. Speed about 12-15.7kn on 12-30tpd. Genset(s): 4-170kVA/Stork 440vAC 60Hz. Quarters: 10 crew in 9 cabins. Air Conditioned. Passengers: 18 in 4 cabins. 4 rig chain lockers for 2,438m 3" chain. Equipped with water cooled disc brake for deepwater anchor handling. 2 storage reels. Open for employment or sale. Southeast Asia. File: SU21059 DP-2 Supply Boat 210.0' x 54.0' x 19.0' depth x 16.00' loaded draft. Built in 2008 at Bender, USA. U.S. flag. GRT: 1,702. Class: ABS +A1 OSV, AMS +DP2 (E). SOLAS. USCG Subch L. Full Ocean, Unrestricted. Deadweight: 2,627mt. Deck Cargo: 1,343mt on 136'x45' deck. FO: 765+44m3. FW: 66m3 DW: 487m3. Dry Bulk: 202m3 in 4 tanks. Liq. Mud: 818m3. 3 x Cummins total 6,342BHP. 2 Azimuthing Steerprop 20s. Diesel electric total 4,730kW installed. 2-1,825kW; 1-910kW Bowthruster 2-746kW. Dynamic Positioning. Speed about 11-15kn on 120-150gph. Genset(s): 1 - 170kW / Cummins 480v 60Hz. Quarters: 22. Air Conditioned. GPA 640 DP II. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Working until Oct 2011 with options. Fully integrated DP / control dual redundant system. 2 Alstom ADP21 consoles. Leica MX 420 DGPS. Cyscan Laser Reference. Watson Vertical Reference. Independent joystick. Roll stabilization tank. South America East Coast. File: SU21060 DP-2 Supply Boat 210.0' x 54.1' x 19.0' depth x 16.00' loaded draft. Built in 2008 at Bender Shipbldg & Repair; Mobile, AL. U.S. flag. GRT: 1,708. Class: ABS +A1 OSV, AMS +DP2 (E). SOLAS. USCG

Subch L. Full Ocean, Unrestricted. Deadweight: 2,346mt. Deck Cargo: 1,200mt on 136'x45' deck. FO: 765+44m3. FW: 66m3. DW: 487m3. Dry Bulk: 202m3 in 4 tanks. Liq. Mud: 813m3. 3 x Cummins total 4,200BHP. Two azimuthing Steerprop 20 prop(s). Diesel electric total: 4,730kW installed. Bowthruster 2-746kW. Dynamic Positioning. Speed about 11-15kn on 120-150gph. Genset(s): 1 - 170kW / Cummins 480v 60Hz. Quarters: 22 berths. Air Conditioned. GPA 640 DPII OSV currently idle.

We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Fully integrated DP / control dual redundant system. 2 Alstom ADP21 consoles. Leica MX 420 DGPS. Cyscan Laser Reference. Watson Vertical Reference. Independent joystick. Roll stabilization tank. Received Class and USCG change to carry up to 34 total accommodations. Accommodations modules previously installed on deck. Mexico East Coast. Delivery: By arrangement. File: SU21244 AHTS 211.7' x 45.3' x 23.4' depth x 21.32' loaded draft. Built in 1985 at BV Scheepswerf J. Pattje, Holland. GRT: 1,413. Class: DNV. +1A1 Tug Supply Vessel, EO, SF. Continuous Hull Survey due 11/2009. Deadweight: 1,884mt. Lt. Disp: 1,576mt. Deck Cargo: 650MT on 30m x 11m (330m2) deck. FO: 620m3. FW: 464m3. DW: 537m3. Dry Bulk: 226.5m3 in 4 tanks. Liq. Mud: 185m3. Calcium Chloride / Brine: 188m3. Winch: Brattvaag Double drum waterfall. Line Pull: 250T. Wire Capacity: 1,200m 76mm + work. Stern Roller. 2 x Wartsila 12V32 total 11,140BHP. 3,500mm CP prop(s) in kort nozzle(s). Ulstein split spade rudders. Bowthruster 800HP. Bollard Pull: 130MT. Genset(s): 2 - 305kW / aux, 2 - 830kW / shaft 440vAC 60Hz. Quarters: 18 in 8-1, 5-2 berths. Air Conditioned. Galley. UT704 Mk.III design. Joystick. DNV approved bollard pull certificate. Ulstein anti-rolling tanks. 2-1,000m & 1-1,400m storage reels. 2 Karm forks 500T. Hydraulic tow pins with flaps. 198m3 chain lockers. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Southeast Asia.


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File: SU21443 Supply Boat 215.0' x 46.0' x 19.3' depth. Built in 1976 at B.V. Schpsw. Waterhuizen J Pattje. GRT: 1,369. Class: DNV + 1A1. Ice Class C, Safety Standby Rescue. Deadweight: 1,942T. Deck Cargo:

1,000mt on 290m2 deck. FO: 510m3. FW: 186m3. DW: 290m3. Liq. Mud: 255m3. 2 x MAK 6M452AK total 3,200BHP. Bowthruster 450HP. Genset(s): 3 - 160kW 440vAC 60Hz. Quarters: 26. Air Conditioned. Sold to present owner via Marcon. Vessel may be developed for sale or charter, with delivery after December 2010 following current charter. All class certificates valid. Last drydocked July 2009 when 5 year paint system installed and 38T of plate

changed. Next drydocking due March 2011. South America East Coast. Delivery: By Arrangement. File: SU21549 AHTS 215.2' x 49.2' x 22.9' depth x 19.60' loaded draft. Built in 1981 at Frederikshavn Vaerft; Denmark. Class: RINA 100 A.1.1 - Nav IL, re, AP (PI), FFQ1, IAQ1. 2,143mtdw. Deck Cargo: 1,000mt on 422m2 deck. FO: 737m3. FW: 283m3. DW: 740m3. Dry Bulk: 273m3. Liq. Mud: 301m3. Winch: Triple waterfall. Line Pull: 260T/400T. Wire Capacity: 2 - 1,000m x 64mm;1 - 1,000m x 70mm. Stern Roller. 2 x MAK 12M453AK total 9,000BHP. CP prop(s). Stern thruster 600BHP. Bollard Pull: 105T. Speed about 12-16kn on 15-30mtpd. Genset(s): 3 - 623kVA; 1 - 96kVA, 450v 60Hz AC. 2 - 1,250m3/hr monitors. Quarters: 6-1; 1-12 berth cabins. Air Conditioned. Passengers: 12 beds. Shark jaws. Hydraulic guide pins. Fresh dry docking 04/2009. Kamewa joystick control. Mediterranean. Delivery: Mid February. File: SU21964 DP Supply Boat 219.8' x 52.5' x 23.0' depth. Built in 1996 at Soviknes Verft AS; Sovik, Norway. Class: DNV + 1A1, SF, E0, Dyn. Pos, AU, DK (+) HL(.5). Continuous Hull Survey due 02/2011. Deadweight: 3,111mt. Deck Cargo: 1,500mt on 620m2 deck. FO: 860m3. FW: 824m3. DW: 900m3. Dry Bulk: 255m3 in 4

tanks. Liq. Mud: 800m3. Calcium Chloride / Brine: 400m3. 2 - 8mt Capstans; 2 - 10mt Tuggers. 2 x Bergen KRMB9 total 5,450BHP. Ulstein CP 2,900mm prop(s). 700HP retractable azimuthing thruster forward and 800HP tunnel thruster aft. Bowthruster 2 - 700BHP. Dynamic Positioning. Genset(s): 2-250kW/Cummins; 2 - 1,280kW/shaft; 230/440vAC 60Hz 3ph; 1 - 48kW 450vAC. Quarters: 10 - 1 person crew cabins. Air Conditioned. Passengers: 2 - 4 berth. UT-755 modern PSV with good cargo capacities, maneuverability &

station-keeping. Kongsberg cPos DP-1 positioning. We may be able to develop direct from owners on P&C basis subject to availability. Vessel working thru January 2011 with options to extend. Europe. File: SU22042 Supply Boat 220.0' x 40.0' x 14.0'. Built in 1984 at Moss Point Marine. U.S. flag. ABS Loadline. Annual Survey overdue. 1,096ltdw. Deck Cargo: 800lt on 150'x31' deck. FO: 50,500g. FW: 11,923g. DW: 78,276g. Dry Bulk: 6,200ft3. Liq. Mud: 2,496BBL. 2 x EMD 16-645E2 total 3,900BHP. Kort nozzle(s). Bowthruster. Genset(s): 2 - 125kW / GM8V71. FiFi monitor. Quarters: 23 bunks in 8 cabins. Air Conditioned. Vessel in laid up status with ABS. Some steel work required. P-tanks not operational. U.S. Gulf Coast. File: SU22057 Supply Boat 220.5' x 55.1' x 23.3' depth x 19.90' loaded draft. Built in 1983 at Soviknes Verft AS; Norway. Norwegian flag. Class: DNV + 1A1 Supply Vessel, E0, SF. 3,060mtdw. Lt. Disp: 1,561mt. Deck Cargo: 1,650T on 619m2 deck. FO: 666.7m3. FW: 1117.2m3. DW: 927m3. BW: 927m3. Dry Bulk: 398m3. Liq. Mud: 230m3. Calcium Chloride / Brine: 323m3. Crane: 8mt @ 10m reach. 2 - 10mt tuggers. 3 x Deutz SBV8M628. Diesel electric. Two 2,000SHP electrical motors with twin azimuthing 2,300 dia. prop(s). Bowthruster 2-900BHP. Speed about 8-13kn on 10.4-17.8mtpd. Genset(s): 3 - 1,330kW 440v; 1 - 150kW 220v harbor. Quarters: 23 (11-1, 6-2 cabins). Air Conditioned. ME 202 Design. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Vessel currently working spot market. North Sea.


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File: SU22080 DP AHTS 220.8' x 55.8' x 21.3' depth x 18.04' loaded draft. in . Malaysian flag. GRT: 1,000. Class: ABS +A1 +AMS (E) +ABCU, DPS2, SOLAS. 1,500mtdw. Deck Cargo: 500MT on 462m2 deck. FO:

850m3. FW: 510m3. DW: 250m3. Dry Bulk: 200m3 in 4 tanks. Liq. Mud: 200m3. Winch: Double Drum Electric/hydraulic AH 250mt brake. Line Pull: 180mt. Stern Roller. 2 x Yanmar total 6,960BHP. CP 4 blade prop(s) in kort nozzle(s). Bow & stern (2) thrusters at 8mt each; 9,240nm range. Dynamic Positioning. Bollard Pull: 80MT. Speed about 11-13kn. Genset(s): 3 - 380kW. FiFi 2 – 1,200m3 monitors.

Quarters: 6-1, 6-2, 13-4 berths. Air Conditioned. Passengers: 70 total. 2 - 10T tugger winches, 2 - 5T capstan. 6 - reefer connections. Karm fork shark jaws / towpins. Independent rudders. Life saving equipment as per SOLAS. Southeast Asia. Delivery: Q1 2011. File: SU22155 Supply Boat 221.1' x 55.1' x 23.3'. Built in 1982 at Drammen Slip og Verk; Norway. GRT: 1,833. DNV +1A1, MV, EO, SF, LFL. 2,777mtdw. Deck Cargo: 1,530T on 141' x 47' (619m3) deck. FO: 750m3. FW: 600m3. DW: 759m3. BW: 759m3. Dry Bulk: 398m3 in 5 tanks. Liq. Mud: 363m3. Calcium Chloride / Brine: 346.6m3. 2 - 10T tuggers. 4 x Wartsila 8R22 total 6,880BHP. Liaaen Azimuthing prop(s). Diesel electric; 2 -900BHP Bowthruster 2-900BHP tunnel. Speed about 8-12kn on 10-15Tph. Genset(s): 4 – 1,205kW; 1 - 150kW. Quarters: 11 crew. Passengers: 12. ME202 Design. Diesel Electric. We may be able to develop direct from Owners on P&C basis subject to availability. Working thru Sept 2010 with options to extend. North Sea. File: SU22247 AHTS 222.1' x 47.7' x 15.7' depth x 19.50' loaded draft. Built in 1983 at Hyundai Hvy. Ind.; Korea. Panama flag. GRT: 1,621. LR +100A1 Offshore Tug Supply Ice Class 1, +LMC, UMS. 1,900mtdw. Deck Cargo: 550mt on 36m x 11m deck. FO: 937m3. FW: 330m3. DW: 681m3. Dry Bulk: 290m3 in 4 tanks. Liq. Mud: 1,200BBL. Crane: 1-5T @ 9mm. Winch: Brattvaag LP waterfall 3-drum. Line Pull: 250T. Wire Capacity: 1,420m 68mm. Stern Roller. 4 x Bergen KVMB12 total 12,240BHP. Ulstein CP 3,000mm dia prop(s) in kort nozzle(s). 1-800HP stern thruster. Ulstein Joystick control. Bowthruster 2 - 800HP. Bollard Pull: 120MT. Speed about 12-16kn on 18-30tpd. Genset(s): 2 – 1,570kVA / shaft; 2 - 250kW / CAT; 1 - 94kVA / CAT. Prepared for future installation FiFi. Quarters: 13 - 1 berth crew cabins. Air Conditioned. Ulstein passive stabilization. 30m3 dispersant. 104m3 rig chain lockers & 3" chain lifters. Hydraulic tow pins. 3 capstans & 2 tuggers. Pennant reels for 900m 76mm and 2 x 500m 76mm wire. Deepwater anchoring system with 1,500m 38mm wire for anchoring in 400m water. Open for employment. Southeast Asia. Delivery: Prompt.

File: SU23048 DP-1 Supply Boat 230.0' x 48.0' x 16.0' depth x 13.0' loaded draft. Built in 1999 at Eastern Shpbldg; Panama City, FL. U.S. flag. GRT: 1,342. Class: ABS +A1 (E), AMS. U.S. Coast Guard Subch. "L". Deadweight: 2,500T. 51.97m x 12.95m deck. FO: 961.58m3. Dry Bulk: 287.7m3 in 8 tanks. Liq. Mud: 402.84m3. 2 x EMD 16-645E7B total 6,000BHP. Schottel 510BHP STT 170LK fixed tunnel

stern thruster. Bowthruster 1,000HP. Dynamic Positioning. Genset(s): 2-145kW / Cummins. Skum FJM200 1,090m3/h monitor. Quarters: 34 berths in 11 cabins. Air Conditioned. Shallow draft, DP-1 high capacity PSV. Simrad SDP-01 auto-positioning with Racal Skyfix/Trimble 4000 DSGPS. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. West Africa. Delivery: Prompt. File: SU24154 AHTS 241.4' x 53.8' x 18.40' loaded draft. Built in 1992 at UDL, Singapore. DNV + 1A1, MV, EO, Tug Supply. 2,783mtdw. Deck Cargo: 1,200mt on 132.84'x43.6' deck. FO: 1,050m3. FW: 710m3. DW: 816m3. Dry Bulk: 284m3. Liq. Mud: 462.8m3. Calcium Chloride / Brine: 396.7m3. Winch: Brattvaag 3 drum 400T brake. Line Pull: 300T. Wire Capacity: 2 – 1,400m x 76mm. Stern Roller. 4 x Wartsila 6R32E total 15,600BHP. CP prop(s). 1,200BHP Aft tunnel Bowthruster. Bollard Pull: 178T. Speed about 10-16kn on 10-45Tph. Genset(s): 2-1,800kW Shaft; 2-288kW/ aux, 1-120kW (all 440V 60Hz). Firefighting: 2 - 3600m3/h. Quarters: 7-1, 3-2, 4-2. ME 303 II Design. Joystick. Shark jaw, 4 tow pins 240T SWL. 2 rig chain lockers total 150m3. Pennant storage reels. We may be able to develop direct from Owners on P&C basis subject to availability at time of commitment. Working thru November 2011. Baltic.


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File: SU24160 AHTS 241.5' x 53.8' x 26.2' depth. Built in 1991 at Argos Eng. / Universal Drydock. DnV, +1A1, +MV, EO, Tug / Supply Oil Rec, SF. Continuous Hull Survey due 08/2011. 2,783mtdw.. Deck Cargo: 1,200mt on 41.7m x 13.3m deck. FO: 1,050m3. FW: 710.2m3. DW: 816.2m3. Dry Bulk: 284m3 in 4 tanks. Liq. Mud: 462.8m3. Crane: Telescopic 5 / 10mt. Winch: Triple drum Brattvaag. Line Pull: 300T. Wire Capacity: 1,400m 76mm + work. Stern Roller. 4 x Wartsila total 15,612BHP. M/E: 2-8R32E; 2-2-6R32E. 2 - 3,600mm CP prop(s) in kort nozzle(s). 800kW retract azimuth thruster fwd & 882kW tunnel aft Bowthruster 1,000BHP. Bollard Pull: 168mt. Genset(s): 2-1,800kW / shaft, 2-280kW / diesel, 1-120kW emergency. Quarters: 12-1 berth crew. Air Conditioned. Passengers: 8. ME 303 Mk.II design. Poscon joystick. 2 storage reels. Wildcats for 76mm & 84mm chain. 4x 240mt SWL hydraulic tow pins. 2x 500mt SWL Karm Forks. 160m3 chain lockers. 75mt SWL pelican hook. 100mt SWL chain chaser & grapple. Bollard pull DnV approved. Oil Rec capability 1,064.2m3. Large hospital & reception room - 22 berths. We may be able to develop direct from Owner on a P&C basis. Southeast Asia. File: SU24456 DP AHTS 244.4' x 56.4' x 26.2' depth. Built 2011. GRT: 2,900. Class: LR 100A1 EP(B), CAC(3), + LMC, UMS, FiFi 2, DP (AA), PCR, Ice 1E, Oil Recovery. 3,000mtdw. Deck Cargo: 1,000T on 530m2 deck. FO: 1,150m3. FW: 725m3. DW: 1,100m3. BW: 1,200m3. Dry Bulk: 220m3. Liq. Mud: 540m3. Winch: waterfall 500T brake. Line Pull: 185T. Wire Capacity: 5,500m x 77mm. Stern Roller. 4 x total 15,600BHP. CP prop(s). Tunnel Stern thruster 1,179HP, Bowthruster 2 – 1,179HP. Dynamic Positioning. Bollard Pull: 200T. Genset(s): 2 - 550kW; 2 – 2,400kW (shaft). Firefighting: 3 Remote Monitors of 2,400m3/hr. Quarters: 26 (6-1, 8-2) 4-1 special. Havyard 842 design. Chain Locker: 385m3. Towing Pins: 2 - Karm or similar with 250T SWL. Shark Jaws: 2 - Karm or similar with 250T SWL. Pop-up Pins: 2 - SP60 or similar with 120T SWL with dia of 235mm. While owners primarily interested in longterm bareboat or time charter, we may be able to develop for outright sale on a private & confidential basis. DP2. Southeast Asia. Delivery: Q1 2011.

File: SU26158 DP AHTS 261.5' x 59.1' x 27.9'. Built in 1986 at Ulstein Hatlo. DNV + 1A1, Tug Supply Vessel, FiFi I & II. Oil Rec, SF, E0, Dyn. Pos. Special Survey 04/2011. 2,690mtdw. Deck Cargo: 1,400mt on 615m2(42.2 x 15m) deck. FO: 962m3. FW: 611m3. DW: 2,109m3. Dry Bulk: 284m3 in 6 tanks. Liq. Mud: 640m3. Winch: Double drum Brattvaag 438 tonne brake. Line Pull: 250 tonnes. Wire Capacity: 1,400m x 72mm. Stern Roller. 4 x Bergen (2-KVMB

16/2 & 2-KVM-12/2) total 13,200HP. CP prop(s) in kort(s). 1,000HP retractable bow & 2-1,000HP thrusters aft. Dynamic Positioning. Bollard Pull: 155mt. Genset(s): 2-1,910kW /shaft; 2 - 7,500kW / aux 220/440/600vAC 60Hz. 3 - 2,400m3/hr monitors. 2 - 300m3/hr Foam monitors. Quarters: 9-1 person crew cabins. UT-716 design AHTS equipped for standby duties, FiFi & oil recovery with good cargo capacities. Approved for 300 survivors. Oil Recovery 1,035m3. Kongsberg Simrad ADP-100 positioning. Seatex DGPD & DARPS. Simrad HPR-418. Moonpool tautwire-MTW. Ulstein Poscon maneuvering. 76mm wildcats for rig chain. Ulstein 240mt SWL tow pins. Ulstein 450mt SWL wire/chain stoppers. 75mt SWL Pelican hook. 100mt SWL grapple & chain chaser. 10T capstans & 10T tuggers. We may be able to develop direct from owners on P&C basis subject to availability. Working thru May 2011 with options to extend. North Sea. File: SU29859 DP Support Vessel 296.9' x 59.0' x 23.3'. Built in 1976 at Smedvik Mek.Verksted, Norway. Rebuilt: 2005. Class: RINA C + Supply Vessel Unrestricted, +AUT-UMS; +DYNAPOS AM/ AT R. 5 year class being renewed. 3,083mtdw. Deck Cargo: 1,500MT on 750m2 deck. FO: 1100m3 FW: 850m3. BW: 2,000m3. Crane: 1-50mt @ (2,000m wire). 2 x MAK 6M453AK total 4,400BHP. CP Ulstein prop(s). Ulstein 1,000HP azimuthing thruster forward; 2-800HP stern tunnel thrusters; Dynamic Positioning. Genset(s): 2-1,100kVA/shaft; 1-1,200kVA; 1-1,750kVA; 2-230kVA; 1-153kVA. Quarters: 51 incl. crew & hospital. Air Conditioned. DP-2 support vessel for survey, light construction, ROV, diving & maintenance support. UT705 lengthened 82’ and converted from pipe carrier in 2000. 3.25m x 3.20m moonpool (currently welded). Alstom 902 dual redundancy DP installed in 2000. Sonardyne acoustic, 2xDGPS, Tautwire and Kongsberg HiPAP 500 reference systems. Mediterranean. Delivery: October 2010.


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File: RV15655 Crane Ship 156' x 55.8' x 10.9' depth. Built in 1983 at Takao Zosen Kogo; Japan. Panama flag. Class: RINA Pontoon-Crane, Assisted Propulsion, Unrestricted. Deadweight: 1,060mt. 400m2 clear deck. Deck Load: 10mt/m2. FO: 65mt. FW: 120mt. BW: 374mt. 6-3.7T Delta Flipper anchors on 3,000' 32mm wire. Crane: SKK 120mt @ 8.3m pedestal. Winches: 6 single drum Daido mooring. Line Pull: 10-12m/min. 2 x Niigata 6MG-18CX total 1,300BHP. Speed about 6kn. Genset(s): 2 - 468kVA / CATD348 220/380vAC 50Hz; 1 - 125kVA / Perkins. Quarters:

50 persons. Combined diving / inspection support vessel & crane ship. Continuous Hull Survey due Mar 2013. 6 point mooring with video monitoring system & bridge monitored remote payout & load meters. 16mt/d watermaker. 33.5m crane boom with a working radius of 8.3-23.1m. Hoist / lowering speed 0-6m/min. 8 falls. 36mm wire rope with 2 falls 28mm whipline. Mid East. File: RV24062 / RV24065 DP-2 ROV Support (2 each) 240.8' x 63.0' x 24.9' depth x 21.32' loaded draft. Built in 2009 / 2010 resp. Bahamas flag. DNV +1A1 SF E0 Dynpos Autr Dk+ HL(2.5), LFL* Clean Comf V(3) Naut-OSV, BIS/TMON. 3,100mtdw. 590m2 clear deck. FO: 1,095m3. FW: 770m3. DW: 1270m3. BW: 1,270m3. Dry Bulk: 340m3. Liq. Mud: 1,057m3. CaCl / Brine: 845m3. Crane: 60T max out reach 20m; 1-3T @16m. 2 - 10T tuggers & 2-8T capstans. 2 x Hyundai 8H25/33P total 6,218BHP. Berg BCP760 2,900mm prop(s). Stern Thrusters: 2 - off Kawasaki KT-88B3 590kW Bowthruster 2-800kW. Dynamic Positioning. Speed about 11kn service. Genset(s): 2 - 440kW / Cummins; 2 - 1,600kW (Shaft). Quarters: 65 (3 state, 14-1,24-2). VS-470 design DP-2 Subsea IMR, Survey & ROV Support Vessel with active heave compensated crane with 2,000m wire. Kongsberg Simrad DP. HiPAP 500HPR. 2 DGPS. Fanbeam. Bandak Taut Wire. 2 motion reference units. 25tpd watermaker. We may be able to develop on P&C basis direct from Owners. VS-470 design DP-2 Subsea IMR, Survey & ROV Support Vessel with active heave compensated crane with 2,000m wire. Kongsberg Simrad DP. HiPAP 500HPR. 2 DGPS. Fanbeam. Bandak Taut Wire. 2 motion reference units. 580kW incinerator. 25tpd watermaker. Direct from Owner subject to availability at time of commitment. Far East / South East Asia. File: RV25601 DP Support Vessel 255.8' x 65.6' x 21.3'. Built in 2011 Chinese shipyard. GRT: 3,404. Class: ABS +A1(E) "Offshore Support" FiFi1, +AMS. 2,000mtdw. Deck Cargo: 800MT on 680m2 deck. FO: 925.69m3. FW: 807.93m3. DW: 1692.6m3. Dry Bulk: 300m3. Liq. Mud: 402.88m3. Crane: 30T @ 20m Liebherr & 1 - 2T @ 12m. Winch: 2-10T @ 15m/min tuggers. 2 x Yanmar 6EY26 total 5,200BHP. 4 - blade fixed pitch prop(s) in kort nozzle(s). Bowthruster 10T. Dynamic Positioning. Speed about 12kn trial. Pump(s): FO 2x24m3/h. FO 222m3/h. DW 150m3/h. FW 150m3/h. Liq.Mud 2x70m3/h. Genset(s): 2 - 938W / Cummins; 1 - 99kW / Cummins emergency / 415vAC 50Hz. 35m3/h emergency fire pump. Quarters: 180 in 55; + 12 hospital. Air Conditioned. 78m Offshore Support / Maintenance Vessel. Four point mooring with four 5mt Delta Flipper anchors. Four 40mt @ 10m/min mooring winches. 2-5mt capstans. 2-15mt/day watermakers. Sewage treatment plant for 200 persons. 18 liferafts. Inspection: Far East. Delivery: 2011. We are also interested in receiving information on any other vessels which you may have surplus to your requirements and available for sale or charter on either a published or a private and confidential basis. To-date Marcon has concluded sales on 119 vessels and barges worldwide this year and expects to conclude sales on additional units within the next 30 days.

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