Second Stingray for Maersk Supply Service

Maersk Supply Service AS has taken delivery of its second of four Stingray vessels, Maersk Involver, from COSCO Dalian Shipyard.

The delivery documents were signed by COSCO (Dalian) Shipyard Co. and Maersk Supply Service on November 28, 2017.

The vessel boasts 400 ts AHC crane, dynamic positioning class 3 and measures 11 meters high, 27 meters wide and 137 meters long.

In addition, the vessel integrates 1,925 m3 deck space and a 120 person single cabin accommodation.

The delivery comes a month after the first Stingray ship joined Maersk’s fleet in October, Maersk Installer.

The four Stingray class SSVs are scheduled for delivery in 2017 and 2018.

“Maersk Supply Service’s new Stingray subsea support vessels are built to carry out a wide range of deep and shallow water operations in challenging offshore environments. The vessels have flexible features with a large free deck, a 400t crane and 120 … single-cabins,” Carsten Gran Haagensen, Chief Commercial Officer at Maersk Supply Service, said earlier.

Maersk Supply Service reported an underlying loss of USD 12 million in the third quarter of 2017, plunging further into the red when compared to USD 11 million loss reported in Q3, 2016.

The result was driven by challenging market conditions and low activity in the offshore industry. Approximately 30 percent of the global offshore industry’s vessels are in lay-up, including 12 Maersk Supply Service vessels.

Due to the overall oversupply in the industry, the company divested 12 of its ships and it plans to divest five more ships.