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with the newest high-spec rigs, the larger Maritime Organization strictures. An typical market for the brokers,” said Uk- next year’s expected bottoming out of deck space of which enable prolonged industry source close to vessel deals snoy, a former Farstad ship’s captain, seismic fortunes. drilling operations in need of prolonged con? rmed for Maritime Reporter & En- while pointing to a map of Tanzania. Af- Any downtime after a contract is cause supply. In the Barents and Tanzania, gineering News that “proximity” to an rica supplies 90 percent of his earnings. for some degree of nerves for any ves- slow-moving survey vessels covering operational area and the corresponding sel owner, so wanting to trade “like other upwards of 10,000 sq. km. in a shoot are fuel use and footprint are still, however, Good Signs OSVs” likely indicates, our source says, the perfect match for Uksnoy’s support what wins contracts. Mr. Uksnoy’s core activity of “follow- “a desire to keep utilization up through vessels, especially the Adromeda, with “NOx, carbon, (an ability to safely ing seismic vessels globally” is part of a the course of year, to be less seasonal its quiet, permanent-magnet motors. carry) urea are taken into consideration, business that earned $18.1m in revenues and to have less downtime after periods “We have the quality they’re asking but if you need a vessel at Port A instead in 2013. This year, he says, looks like a of high activity.” for, the vessel sizes and the capacities,” of one staying at Base B, they’ll take the banner year at $20.6m, and one of his In the meantime, the Tanux I, Tanux he said. Some of that quality is sure to be closer one,” the source said. The 12-knot Barents clients has just secured arctic II and Tanux III — Rig Adromeda’s re? ected in contract clauses that recog- Adromeda’s ef? cient engine, which can survey contracts with a trio of Norway- “sister” ships — are all on charter, and nize what the Andromeda brings. gear down, and its large refuel tank size based oil companies. this grandson of the Uksnoy who in ’33 “The devil is in the (contract) details,” could trump those winning conditions. The Rig Andromeda is in the second started a family ? shing business has also for a ship-owner/manager, said Uksnoy. Uksnoy ensured the supply tank on his year of a contract supporting the op- kept alive his father’s 1970’s drive into

The devil might be who pays for fuel, 3,500 dwt conversion — largest vessel erations of Dolphin Geophysical and the offshore market.

designates shipyards, supply routes, per- among the fewer than 100 support ves- Anadarko offshore East Africa. Mr. Uksnoy has taken the company formance milestones or the day rates in sel types in the world, with most around The rest of the Uksnoy ? eet compris- into remote East African operations, a time charter. Uksnoy’s recent contract 1,000 dwt — was also the largest of its es survey support vessels and the Geo where Statoil and other charterers have with Dolphin Geophysical off West Af- kind at 2,800 cu. m., or three-times as Barents, an eight-streamer seismic ves- found some of the world’s largest deep- rica shows a contract can include crew much as rival support vessels. The An- sel understood to be taking a pause in water gas ? elds. Maturing these discov- transfers and fuel savings passed on. dromeda’s 166 cu. m. for its own steam Aalesund, Norway after serving a major, eries into oil? elds requires more seismic

The Inpower engine’s clear fuel-sav- means it can get to the 4,000-odd OSVs multi-client seismic geophysical survey support.

ings edge (a year on and still said to worldwide even if Uksnoy is only target- in the Barents Sea. A majority of Norwe- “We know the market outlook for next be up to 30 percent) means a smaller ing the “low-spec” market. gian parliamentarians still support con- year isn’t bright, but we expect to have environmental footprint, increasingly a “We’re in the volume market, the 2,000 troversial Arctic exploration, so future a good year. We’re optimistic,” Uksnoy “binding” attribute under International (generally older types). We’re below the surveys ought to continue well beyond said.

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