Boskalis pens $120M deals for marine transport, including a record-breaking FPSO move

Dutch marine contractor Boskalis has recently won a batch of marine transportation contracts including a record-breaking FPSO transport deal for its giant BOKA Vanguard semi-submersible vessel.

For Illustration only: Boskalis' BOKA Vanguard carrying an FPSO
For Illustration only: Boskalis’ BOKA Vanguard carrying an FPSO / Image source: Boskalis

Boskalis said the recent contracts were awarded by a variety of clients and carry a combined value of approximately $120 million.

While it didn’t name the clients, Boskalis said the execution of the majority of projects is scheduled to take place in 2021 and 2022. The company will see four of its heavy lift and transportation vessels employed for these projects – BOKA Vanguard, Blue Marlin, Black Marlin, and White Marlin.

As mentioned earlier, Boskalis said that the contracts include a weight record-breaking FPSO transportation deal.

“Following last year’s transportation of a sizable box-shaped FPSO, Boskalis secured a contract to transport a similar FPSO from China to Brazil. With a weight exceeding 91,000 tons this marks another record-breaking transport for the BOKA Vanguard, which is scheduled to commence at the end of 2019,” Boskalis said, without providing further details.

As for the previous record, Boskalis in April 2018 said the Boka Vanguard – one of the world’s largest semi-submersible heavy lift vessels – was getting ready to load a 90,000-ton FPSO unit – equivalent to the weight of approximately 300 Boeing 747s  – the heaviest cargo ever to be transported by a semi-submersible heavy lift vessel.

FPSO for North Sea, FPUs for GoM

Apart from the new record-breaking FPSO contract, Boskalis on Wednesday it had secured a contract for the transportation of various large LNG modules from a fabrication yard in China to Russia.

The contract ties up the two high-end open-stern heavy transport vessels Blue Marlin and Black Marlin starting in the second quarter of 2021.

Furthermore, Boskalis was awarded the contract for the transportation of an FPSO from the fabrication yard in China to the North Sea in 2021 and the transportation of two Floating Production Systems from Singapore to the Gulf of Mexico in the period 2021-2022.

Boskalis said that those cargoes would be transported on the White Marlin and Blue Marlin heavy-lift and transportation vessels.

These contracts were signed in the third and fourth quarter of 2019. Approximately 50% of the combined contract value was awarded in the fourth quarter, Boskalis said.

Offshore Energy Today Staff

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