Can A Laid Up Supply Vessel Be Converted Into A Profitable Container Feeder?

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Yes! Damen to Offer A New Lease Of Life To Laid Up PSVs

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Due to the recent decrease in oil prices, stand-still exploration projects, reduced productions and fall in support vessel day rates the ship owners are forced to put up their vessels on lay-up.  These factors have affected the whole of the shipping sector and the ship owners have incurred severe losses due to the laid-up vessels.

Damen Shipyards Group has come out a valid and feasible solution to bail out the laid-up ships and its owners.  Owing to the increase in the number of laid-up Platform Supply Vessels (PSVs), the Dutch company has proposed key solutions such as conversion of idle PSVs into vessels taking on other possible roles in alternative sectors which include aquaculture, shipping and defence.

Damen has proposed a possible solution to make the vessels both active and commercially successful.  “Our design teams have come up with workable ideas across several industries. For example, we can convert a laid up PSV into a profitable Container Feeder or, for naval operations, a Logistic Support Vessel,” informed Damen Sales Manager Remko Hottentot.  “The possibilities are numerous.  It will also be possible to transform a PSV into an accommodation and O&M vessel.”  

The conversion of the ships originates from Damen’s worldwide network of fifteen repair and conversion yards.  “With a strong reputation for engineering, craftsmanship and project management skills, Damen’s conversion teams are highly experienced in giving vessels a new lease of life, while staying on schedule and on budget,” stated Mr Hottentott.

According to Remko Hottentot, one subtle example of an already flourished proposal is the Damen Live Fish Carrier 8916 for aquaculture industry.  Also, Damen has plans to create temporary designs based on the requirements.  These can be applied to ships that are built by either Damen or other shipping industries.

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Source: Damen

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