Latest NewsPower & PropulsionCSM Energy and Hydrus Engineering join forces to make OSVs greener

CSM Energy and Hydrus Engineering join forces to make OSVs greener

Making ships that service the offshore wind sector greener and more eco-friendly is the catalyst for the cooperation between maritime company CSM Energy and technical consultant Hydrus Engineering.

CSM Energy (member of the Columbia Group) and global engineering firm Hydrus will assess and retrofit offshore support vessels (OSV) involved in offshore installations and operations, turning them into hybrid ships powered by battery and fuel.

The upgraded vessels will use significantly less fuel, reducing emissions and cutting maintenance costs for the diesel generators that power the ships.

Retrofitting existing vessels will be far quicker and much more cost-effective than building greener OSVs from scratch, according to a joint CSM and Hydrus Engineering statement on the expected demand for greener ships in the offshore sector.

“Building new vessels with a substantial or even an all-green profile will be significantly expensive and take several years before they are ready for service,” said Kyriakos Tsangaris, Technical Director at CSM Energy.

Lambros Nakos, Partner at Hydrus Engineering, added: “The current order book for new OSVs has declined since 2016, with fewer than 50 vessels ordered since the beginning of 2020. Given that OSVs already in operation will likely run for another 25 years, retrofitting them is the best option for ensuring vessels in the offshore wind farm sector are eco-friendly.”

The OSV market has struggled in recent years because of the oversupply of vessels and the declining need for oil. But demand for these ships is expected to grow as investment in the offshore wind market – now worth US$65bn compared to the offshore oil and gas sector, which is valued at $45bn – continues to rise.

“The offshore wind market is driven by moving away from fossil fuels and, as such, the green profile of the stakeholders involved is critical,” Mr Nakos said.  

“Thus, in several cases, OSV market growth is closely related to the environmental profile of the vessels deployed for such services, especially for the offshore wind farm projects, where the need for green vessels operating on alternative fuels is solidified.”

Commenting on CSM Energy and Hydrus’ partnership, Mark O’Neil, CEO of Columbia Shipmanagement and President of InterManager, said: “This cooperation targets delivering innovative turn-key bespoke services for upgrading the green profile of the existing fleet servicing the offshore industry.”

Mr Nakos added: “The portfolio of services includes all steps required to assess and implement such a project, from the preliminary assessment up to the detailed engineering and retrofitting work. Through this process, the operator is given a holistic overview of the available options and justified guidance to optimum solutions.”

Services include a feasibility assessment, pre-financing evaluation, budgeting and procurement control, engineering, retrofitting, supervision and commissioning – which, Mr Tsangaris said, met the partners’ goal to “deliver a valuable asset in a rapidly growing market”.

“Columbia Shipmanagement and Hydrus Engineering offer a clear roadmap and safe passage through a challenging decision-making process for services that are tailored to the conditions and needs of each vessel,” leaders of both companies said.

Latest News

Sirius Design & Integration AS has secured a contract to design two large Construction Support Vessels (CSVs) to be built at Fujian Mawei Shipbuilding in China, strengthening the Norwegian company’s position in the energy-sector vessel market.

Sirius Secures Two CSV Design Contract

Two Sirius designed 144.7m Construction Support Vessels to be built by Fujian Mawei Shipyard, with options for two additional vessels Sirius Design & Integration has...
Sanmar Shipyards has delivered SAAM CARIBE, the sixth Boğaçay Class tugboat supplied to SAAM Towage in less than a year. The new vessel will join the operator’s fleet in Cartagena, Colombia, as part of its ongoing fleet renewal and decarbonisation programme, bringing the total number of Sanmar-built vessels in the SAAM Towage fleet to seventeen.

Sanmar Delivers SAAM CARIBE to SAAM Towage

SAAM CARIBE joins the operator’s Cartagena fleet, taking the number of Sanmar-built vessels in its fleet to 17 Sanmar Shipyards has delivered SAAM CARIBE, the...
MacGregor has secured DNV certification for its Horizon gangway for floating-to-floating (F2F) personnel transfer, enabling motion-compensated walkway connections between two independently moving vessels.

Horizon Gangway Certified for Floating-to-Floating Transfers

New certification for MacGregor’s Horizon gangway opens floating-to-floating access for FPSOs, floating rigs, offshore wind arrays and service fleets MacGregor has secured DNV certification for...
Strategic Marine, a specialist aluminium shipbuilder, has marked the naming and delivery of Putri Mayang Sari, the first of three 43-metre passenger catamarans being built for Bintan Resort Ferries (BRF) at the company's Singapore shipyard.

Strategic Marine Delivers ‘Putri Mayang Sari’

Putri Mayang Sari, the first of three 43m aluminium passenger catamarans built in Singapore, marks a key milestone in Bintan Resort Ferries fleet renewal...

Related news