Oceanteam provides high quality support to offshore contractors all over the world through its fleet of large and advanced offshore vessels (Oceanteam Shipping), and its expertise in (rental) marine equipment, cable logistics and design engineering (Oceanteam Solutions).
Oceanteam focuses on economically and technically challenging projects for clients in the oil and gas and renewables industries. In addition, we are among the few companies in the world to combine high-end engineering know-how, Lloyd's certified shipping and expertise, Lloyd's ISO certified solutions and special purpose equipment in a single ‘one-stop shop’ service, if required.
Whether you need a reliable offshore service provider or a local partner to ensure your assets and services continue to grow, Oceanteam is there for you.
Oceanteam has a disciplined financial strategy. We apply diverse sources of financing through many long-term bank relations and as much as possible avoid high-yield bonds. In general, we permanently take actions to improve our credit rating and reduce our costs of capital.
Nov 04 2019 The extension follows a successful two and a half years of storage of client’s subsea cables in Oceanteam Solutions' 5300Te carousel at its cable storage facility in Velsen, the Netherlands. With this extension the contract will run well into 2020 with possible further extension options.
Oct 16 2019 Back from a multiple-year contract, where both carousels worked on installation projects in German and UK waters without any downtime, the equipment arrived at our base in Velsen, the Netherlands this week. Besides some small maintenance works, the carousels are available immediately for long- or short-term project possibilities.
Aug 30 2019 The financial restructuring of the Group has been successfully completed. Both segments performed according to expectations and in combination with decreased financing costs after financial restructuring led to a return of profitability over the first half of 2019. Equity ratio improved further to 72 percent (H1 2018: 62 percent). Both vessels were under charter contract for the first half...