SEASM Gets Its First Ship Management Contract for Subsea Vessel

SeaEnergy PLC’s recently established subsidiary SeaEnergy Ship Management Limited (SEASM) has been awarded the ship management of its first vessel.

The MV Surf Ranger is a subsea support vessel, formerly the MV Seisranger, which has recently been acquired by Surf Ranger Limited a subsidiary of Otto Marine Limited (Otto) of Singapore. The vessel which is flagged in the Marshall Islands has recently arrived in the U.K. sector of the North Sea where it is operating under charter and deployed on subsea support to exploration and production operations. The vessel has a crew of 20.

The SEASM team is responsible for the management of the vessel’s crew, provisions and technical support.

SEASM and Otto are also in discussions with regard to the ship management of other Otto vessels which may be operating in the North Sea and Europe in the future.

Commenting on the contract award, John Aldersey-Williams, Chief Executive said: “We are delighted to have been awarded our first ship management contract. The SEASM team, led by Rennie Cameron have a wealth of experience in this sector providing professional, cost effective and efficient management skills that ensure the safe and efficient running of vessels, specialising in dynamically positioned vessels.”

Press Release, May 21, 2014; Image: Forland

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