Taiwanese Offshore Operator Dong Fang Offshore Secures Charter Deal with DeepOcean
Taiwanese owner and operator Dong Fang Offshore (DFO) has recently announced a significant charter agreement with Norwegian ocean services provider DeepOcean. The deal involves the chartering of one of DFO’s construction support vessels to support a range of offshore operations.
Charter Details
DFO, a subsidiary of Hung Hua Construction, has secured a charter agreement for the 2014-built vessel Orient Adventurer from early 2026 until the end of 2027. The contract includes extension options for up to four additional years, showcasing a long-term commitment between the two companies.
The Orient Adventurer, previously known as Polar Onyx and acquired from Norway’s GC Rieber Shipping in Q1 2022, will be utilized for various offshore activities including offshore wind operations and maintenance, installation, inspection, maintenance, and repair (IMR), as well as construction and offshore oil and gas assets decommissioning.
Operational Scope
The vessel is set to primarily operate in European offshore energy sectors while also supporting operations in other global regions as needed. DeepOcean’s Chief Operating Officer, Ottar Mæland, emphasized the vessel’s compatibility with their service offerings in both renewable energy and conventional sectors, highlighting its versatility and operational capabilities.
Market Entry and Expansion
This deal marks DFO’s entry into the European market, with plans to establish a branch office in Norway in the near future. Chen Polin, CEO of DFO, expressed the significance of this milestone as the first deployment of Taiwanese offshore energy vessels in the European market. This move signifies a breakthrough in vessel management and technical capabilities for Taiwanese companies, showcasing their ability to compete in global markets.
Overall, the charter agreement between DFO and DeepOcean represents a strategic partnership that leverages the strengths of both companies to enhance operational efficiency and expand market presence in the offshore energy sector.