US offshore vessel owner and operator Seacor Marine has ordered two platform supply vessels at China’s Fujian Mawei Shipbuilding for delivery in the fourth quarter of 2026 and the first quarter of 2027.
The deal with the yard, which earlier this year also secured PSV orders from Evangelos Marinakis-backed Capital Offshore, is worth $82m or $41m per newbuild.
Seacor said the 4,650 dwt PSVs will feature a 1,000 sq m deck area and be equipped with medium-speed diesel engines as well as an integrated battery energy storage system.
The New York-listed company has struck a deal with an affiliate of compatriot alternative shipping financer EnTrust Global for a new loan of up to $391m maturing in the fourth quarter of 2029. The proceeds will be used to, among other things, finance up to 50% of the shipbuilding contracts and refinance multiple debt facilities due in 2026.
In addition, Seacor revealed it is selling two of its last anchor handling tug supply (AHTS) vessels Seacor 88 and Seacor 888 for a total of $22.5m, with an exit from owning ships in this segment set for January next year. Proceeds from the AHTS sales will be used to partly fund the new construction program. The company will have one chartered-in AHTS remaining following the sale.
Seacor operates a fleet of 55 vessels, including 23 PSVs on a fully delivered basis.
“This order comes at a competitive price point and with an attractive delivery schedule,” said John Gellert, Seacor chief executive, adding: “These vessels expand and complement our PSV fleet as we implement our asset rotation strategy aimed at renewing our fleet with high-specification, environmentally efficient assets to replace older, lower specification assets.”
