Coast Guard requirements and other regulations and researched the economics of conversions. Together they considered converting supply vessels to trailing suction hopper dredges from a shipyard perspective, with technical factors in mind. Meanwhile, the nation’s dredging market is busy, particularly along the Gulf of Mexico, and it needs more equipment.Ī study of these conversions, begun in mid-2017, was led by Geoff Dean, OSD-IMT’s United Kingdom-based business development manager and naval architect, and Mark Masor, a naval architect and Gulf Coast operations manager at Gibbs & Cox. Low usage has left many modern U.S.-flagged OSVs stacked. Operators are seeking ways to repurpose OSVs to generate revenue, according to Virginia-based ship designers and engineers Gibbs & Cox and European designers OSD-IMT. During a more than three-year slump in oil prices, two design firms teamed up to look at converting offshore supply vessels to dredges.
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