PaxOcean receives order for methanol-ready offshore construction vessel newbuilds

Business & Finance

PaxOcean has unveiled an order for up to four methanol-ready offshore construction vessels (OCVs) from an unnamed European shipowner.

Source: PaxOcean

PaxOcean said it has signed shipbuilding contracts for two OCVs with a “renowned European shipowner” for delivery in 2027 and an option for two additional vessels.

Measuring 123 meters in length with a 1,750-square-meter cargo deck area, each vessel will feature a 250-ton active heave-compensated offshore crane, DP2 dynamic positioning, and accommodations for up to 123 personnel.

Some of the features include a full-beam hangar for two work-class remote-operated vehicles (ROVs), a 1,000 kWh battery energy storage system, and provisions for future carousel installation and moonpool operations. The vessels will also incorporate options for methanol readiness, said PaxOcean.

According to the company, the OCVs are versatile enough to handle a diverse range of offshore operations, including subsea construction, ROV support, and inspection, maintenance, and repair (IMR) activities.

“We are confident that these vessels will be instrumental in the energy transition, particularly within the burgeoning offshore wind sector, while also providing essential support for sustainable operations across the conventional and renewable offshore energy markets,” said PaxOcean.

In terms of other news coming from PaxOcean, the company recently signed a contract with Penta-Ocean Construction for the construction of a cable-laying vessel that will serve Japan’s growing offshore wind sector.