Rentocean to Supply Van Oord 300T Onshore Turntable
RentOcean, a 100 percent owned subsidiary of Oceanteam Shipping ASA, says it has been awarded a contract to supply Van Oord Offshore Wind Projects BV a 3000t demountable onshore turntable system and accompanying equipment for a long-term storage project. The turntable and additional equipment will be used for storage of cables at Eemshaven, The Netherlands for the Gemini Offshore Wind Farm. This will be one of the largest wind farms in the world in terms of size and production. It will be built in the Dutch part of the North Sea, 85 km north of the coast of Groningen. RentOcean's turntable
Oceanteam Dips Toe in Mexican Offshore Market
11 Joint Arrangements. Oceanteam takes 40 % stake in new offshore shipping company. DOT Shipping is a joint venture founded together with Grupo Diavaz focusing on the Mexican market. Oceanteam has acquired ownership of the remaining 30 % shares in KCI, design and engineering services. RentOcean delivered to CEONA a 2.000T modular carousel system in Brasil for 1 year plus options. RentOcean awarded a contract by LS Cable South Korea for a second 4.000T modular carousel system for 1 year plus options. Bergen District Court upheld Oceanteam's appeal in the legal case against Sawicon
RentOcean Gets Repeat Carousel System Order
RentOcean, a 100 percent owned subsidiary of Oceanteam Shipping ASA, says it has been awarded a contract to supply LS Cable - a leading supplier of a wide range of industrial specialty cables - a second 4000t modular carousel system and accompanying equipment for a long-term project. The carousel and additional equipment will be used for the transportation of 2 x 50km of power cables from the LS cable plant in Donghae, South Korea to the project port of Doha, Qatar, which will take place in 2014 and 2015. To ensure smooth transportation and loading Oceanteam will also supply operators. LS Cable
RentOcean to Supply New Plug-&-Play Carousel
Oceanteam informs that its subsidiary RentOcean has been awarded a contract by WIND BV to supply a certified 1500t modular carousel system and a 10t tensioner for a 90-day project in the Safaniya oil field. RentOcean explain that the carousel and additional equipment will be used to transport cables for the Safaniya oil field for McDermott. The transport will take place in summer 2014. RentOcean is currently upgrading its already existing 1250t modular carousel to support 1500t of cables. The new patented carousel series is designed for flexibility and quick mobilisation on standard PSV/CSV

Oceanteam Financial Transformation Aids 2013 Business
, writes in the Annual Report 2013 that it was a year of consolidation and operational focus for Oceanteam Shipping ASA. Exerpts from his letter to shareholders follow: "In addition, new opportunities were identified and followed upon, which resulted in particular in a large back log for RentOcean and the establishment of DOT Shipping. This joint venture with Grupo Diavaz is to service the fast growing Mexican market. From early 2013 we have re-focused the company, improved both the balance sheet and our operations significantly and at the same time opened up for new types of work. The

Oceanteam J/V Gets E.ON Subsea Cable Storage Contract
contract to supply E.ON Climate & Renewables with port facilities, offloading and storage of cables. The offloading of the first cables has already been successfully finalized at OceanWind's cable facilities in Velsen Noord, The Netherlands. The cables were transferred from the vessel into a 750T RentOcean carousel. During 2014 there are more cables expected to be stored. OceanWind says it is pleased and looks forward to cooperate with E.ON on this project. They consider that the award of this contract shows the demand of a cable storage hub, with direct access to the North Sea, and the

Rentocean to Supply Offshore Brazil Project Cable Carousel
RentOcean, a 100 percent owned subsidiary of Oceanteam Shipping ASA, has been awarded a contract to supply Ceona with a certified 2000t modular carousel system and a loading tower with built-in 15t tensioner for a one-year project plus option for one additional year. The carousel and the additional equipment will be used on Ceona's Polar Onyx vessel for the installation of flexibles, which will take place in 2014 and 2015 offshore Brazil. RentOcean will also supply technicians to ensure smooth operations. Rentocean explain that the new patented carousel series is designed for flexibility and quick

RentOcean Delivers Carousel for Middle East Subsea Cable Project
RentOcean, a subsidiary of Oceanteam Shipping ASA, says it has delivered a certified 4000t modular carousel system for the transportation of 2 x 50km of power cables from the LS cable plant in Donghae, South Korea to the project port of Doha, Qatar and for laying the cables. RentOcean will also supply tensioning equipment and a lay train. The project is due to take place in 2014 and 2015. The carousel will be transported to Ulsan mid-January 2014 for build up at LS Cable's key side. The manufacturers explain that the new patented carousel series are designed for flexibility and quick mobilisation