Concept designs and conversions are resulting in new opportunities for laid up or under-utilized OSVs
“US-based naval architectural and marine engineering firm NETSCo has been in discussions with an LNG supplier regarding the possibility of the conversion of an existing OSV to a small-scale LNG carrier. At about the same time, NETSCo was approached by class society Lloyd’s Register regarding the possibility of working on joint development projects in the US.”
“With the number of OSVs stacked in the US Gulf of Mexico, there is real market interest in this design”, says Lloyd’s Register Americas Marine & Offshore vice president Raphael Riva.
Jan Flores states, “This vessel could open up markets where a 10,000 m3 capacity small-scale LNG carrier isn’t viable. If you are a shipowner that has assets that aren’t generating any income, this makes real financial sense.”
Click here to read this interesting interview with Jan Flores and Rich Mueller of NETSCo and other leaders in maritime engineering by Offshore Support Journal’s editor, John Snyder, as they discuss more details about the project and other similar OSV conversions.
NETSCo has more than three decades of experience working on ship modifications, conversions, retrofits and upgrades that comply with new regulations or extend the efficiency of existing vessels.