In the highly competitive oil & gas market, still suffering from oversupply and recovering from the oil price crash of a few years ago, it is essential that platform support vessels (PSVs) are as attractive to charterers as possible. For those operating in the highly regulated North Sea, this means high fuel efficiency and low .
The technology group Wärtsilä will upgrade the ‘Siem Pride’, an 89 metre-long Platform Supply Vessel (PSV) owned by Norway based Siem Offshore Rederi, for hybrid engine and battery propulsion. The upgrade will enable the vessel to reduce the number of engines in use during operations, thereby considerably lowering its energy and fuel consumption. The order .
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