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Offshore and Special Projects Brokerage

Offshore and Special Projects Brokerage focuses on facilitating vessel transactions and charter agreements for offshore industries, including oil & gas, renewable energy, and subsea operations. Brokers in this sector specialize in handling offshore vessels and structuring contracts to meet industry-specific requirements.

1. Handling Offshore Support Vessels (OSVs) and Other Specialized Vessels

Offshore brokers manage transactions for a variety of vessels used in offshore operations, such as:

  • Offshore Support Vessels (OSVs): Transporting supplies, crew, and equipment.
  • Drill Ships: Floating vessels designed for deepwater drilling.
  • Anchor Handling Tug Supply (AHTS) Vessels: Assisting in rig positioning and anchor handling.
  • Platform Supply Vessels (PSVs): Delivering fuel, water, and cargo to offshore platforms.
  • Construction Support and Subsea Vessels: Used for underwater inspections, maintenance, and pipeline installation.

2. Facilitating Leasing and Chartering for Offshore Operations

Brokers arrange both short-term and long-term leasing or chartering agreements for offshore companies involved in oil & gas exploration, production, and renewable energy projects.

  • Time Charter: The vessel is leased with crew and operational support for a fixed period.
  • Bareboat Charter: The charterer assumes full operational responsibility without crew.
    Ensuring compliance with safety and environmental regulations is a key part of the leasing process.

3. Structuring and Negotiating Offshore Project Contracts

Brokers negotiate contracts that define the terms of offshore projects, ensuring fairness and clarity for all parties.

  • Key contract elements include:
    • Project duration, rates, and responsibilities of each party.
    • Technical and operational requirements, including safety and regulatory compliance.
    • Risk management provisions, covering liability, insurance, and maintenance obligations.

Conclusion

Offshore and Special Projects Brokerage plays a vital role in connecting vessel owners with offshore operators, streamlining the leasing, chartering, and contracting processes for oil & gas, subsea, and renewable energy projects. By specializing in offshore support vessels and tailored agreements, brokers contribute to the safety, efficiency, and success of offshore operations.

Focusing on medium to large-scale commercial construction projects, we work with both investors and developers to create landmarks that make an impact.