Aurora Offshore to manage Marinakis-owned PSV

Evangelos Marinakis-backed Capital Offshore Ship Management Corp has awarded Norway’s Aurora Offshore, management of the platform supply vessel (PSV) Ace Kristiansand.

Built in 2006, Ace Kristiansand (ex FS Kristiansand) is a VS 470 MK II design PSV, with a clear deck area of 720 m². After completing a contract with Perenco, Aurora Offshore reported the dynamic positioning class-2, Cyprus-flagged PSV is operating on the North Sea spot market.

In December 2023, Ace Kristiansand was one of four PSVs acquired by Capital Offshore Ship Management in a US$34M deal with Standard Supply. The other three OSVs were FS Braemar, FS Abergeldie and FS Crathes. Mr Marinakis also acquired Standard Supplier, Standard Viking and Standard Defender in a separate deal valued at US$72.2M.

Headquartered in Kristiansand, Norway, Aurora Offshore is part of the Borealis Maritime Group, and manages a fleet of 18 high-spec anchor handling tug supply vessels and PSVs.

Capital Offshore, meanwhile, has ordered four 95-m PSVs from China’s Fujian Mawei, and holds options to build four more.