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    Broker provides more details on Esvagt-Maersk newbuilds

    Vessel & ROV News // October 4, 2005

    Further to the recent news item on Offshore Shipping Online about the new joint venture between Esvagt and Maersk in the ERRV market, broker Seabrokers has today, in its latest monthly report, Seabreeze, provided more details about the two newbuilds that Esvagt has on order at ASL Shipyard Pte Ltd in Singapore.

    Seabrokers says the vessels are of almost identical design to the recently delivered Esvagt Capella and Esvagt Corona and will be delivered in early 2007.

    However, notes Seabrokers, Esvagt have made some small alterations of the original diesel electric design, most notably in the adoption of five generator sets as opposed to the four gensets sets on Capella and Corona.

    "Both newbuilds are being built in Singapore and are presently only called hull 807 and 808, although we are sure that names with the prefix “C” will be announced before delivery," said Seabrokers.

    Both vessels are expected to trade the North Sea, and as per Corona and Capella, both the newbuilds are being built to be compliant with Danish, Dutch, UK and Norwegian regulations.

    "This commitment to the standby (ERRV) market follows recent newbuild commitments
    by North Star Shipping and Viking Standby Service. Most newbuilds so far are as fleet replacements for older tonnage, but the Esvagt newbuilds are for actual fleet expansion," noted Seabrokers, highlighting the fact that the UK standby market is
    currently experiencing a severe shortage of tonnage, and with delivery only
    planned for 2007, and this shortage is set to continue for a long while to come.


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