Posidonia Shipping readies newly acquired PSVs for charters in Brazil

Two DP2-class platform supply vessels (PSVs) acquired by Posidonia Shipping are undergoing shipyard activation in preparation for service in the Brazilian offshore oil and gas market before mid-year.

Both vessels are being reactivated at Maua Shipyard in Niteroi, Brazil. The first PSV, GNL 1001, will be renamed Posidonia Jaguar before being delivered in February for a long-term charter with Brazilian oil major Petrobras. The second, GNL 1008, to be renamed Posidonia Cougar, will be delivered in early April.

Brazilian shipbroker, WSB Advisors, reported that both vessels have long-term contracts with Petrobras.

The Rio-based OSV owner acquired both PSVs, as well as a 100% equity interest in Guanabara Navegação Ltda, from Seatrium. In November, the Singapore-listed marine engineering firm signed a binding agreement to sell the two PSVs and its Brazilian shipowning subsidiary to Posidonia Shipping for US$60M.

The two DP2-class PSVs in question are based on MTD 9045P-DE designs. Each has an overall length of 94 m, beam of 20 m, deadweight of 4,500 tonnes, with a clear deck area of 1,000 m² and accommodation for 26.

A Brazilian shipping company specialising in maritime cargo transport, offshore and ship management, Posidonia Shipping owns, operates and manages a fleet of about 20 vessels, including 4,100-dwt Posidonia Lion, the first hybrid-battery PSV in the owner’s fleet and only the third operating in the country.

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