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SEACOR Marine Announces Upgrade of Four PSVs with Kongsberg Maritime Energy Storage Systems

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Continues SEACOR Marine’s dedication to reinforce operational effectivity and scale back environmental affect

HOUSTON and OSLO, Norway, Jan. 25, 2024 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Firm” or “SEACOR Marine”), a number one supplier of marine and assist transportation companies to offshore power amenities worldwide, in the present day collectively introduced its dedication to accumulate 4 state-of-the-art power storage methods from Kongsberg Maritime AS. The hybrid energy answer, designed with cutting-edge know-how, might be put in on 4 of SEACOR Marine’s Platform Provide Vessels (PSV) to reinforce the best way the Firm manages power consumption and emissions onboard these vessels.

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The 4 vessels included within the contract are the SEACOR Ohio, SEACOR Alps, SEACOR Andes and SEACOR Atlas. Set up is predicted to start in December 2024 and be accomplished by the second quarter of 2025. As soon as put in, greater than 50% of SEACOR Marine’s PSV fleet might be hybrid powered.

The 4 PSVs, all of which can function the Kongsberg Maritime UT771 CDL Design, might be outfitted for battery hybrid operation with the set up of a containerised Deckhouse Power Storage System and related switchboards and thruster management methods. The improve will even embody a brand new Kongsberg Maritime Okay-Pos Dynamic Positioning (DP) system put in to exchange the present DP system on all 4 vessels.

Starting in February 2024 in Ulsteinvik, Norway, Kongsberg Maritime will even improve the UT771 CDL SEACOR Yangtze with the Deckhouse Power Storage System.

John Gellert, SEACOR Marine’s Chief Government Officer, commented: “Our resolution to develop our hybrid fleet aligns with SEACOR Marine’s core values of innovation and environmental stewardship and builds upon our file of management in adopting inexperienced applied sciences within the maritime sector. SEACOR Marine was one of many first offshore operators to put in battery hybrid methods, and this announcement marks a major step in our ongoing efforts to reinforce operational effectivity and scale back the environmental affect of our fleet.

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“These power storage methods are an funding within the sustainable way forward for our fleet and our skill to satisfy the offshore transportation necessities of our shoppers worldwide. We’re excited to supply our shoppers extra hybrid PSVs that function effectively by decreased gasoline consumption and associated working prices, whereas additionally lowering greenhouse gasoline emissions.”

James Poulton, Kongsberg Maritime, Senior Vice President, Aftermarket Gross sales, stated: “SEACOR Marine is likely one of the most skilled operators of hybrid battery energy methods within the offshore market, and we’re delighted they’ve once more chosen to develop their fleet of hybrid PSVs with Kongsberg Maritime know-how.

“We see that by putting in battery energy, gasoline consumption in DP operation mode on these vessels could be decreased by as a lot as 20%. Along with batteries, the conversion will even function a shore connection, enabling connection to energy grids when in port, which significantly reduces the quantity of engine working hours and emissions from diesel fuels. The important thing profit of getting battery energy immediately obtainable is to take care of the redundancy of the vessels’ energy system, with much less engines working. That is significantly helpful when working in DP mode, but additionally has its worth in different operational modes.”

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Investor & Media Contacts:

Kongsberg Maritime:
Craig Taylor
Senior Supervisor – PR & Communications
Cell +44 (0) 7749584285
Craig.taylor@km.kongsberg.com

Karen Bartlett
PR Lead
Saltwater Stone
Tel: +44 (0) 1202 669244
ok.bartlett@saltwater-stone.com

SEACOR Marine:
Investor Relations
InvestorRelations@seacormarine.com

Dana Gorman
H/Advisors Abernathy
Cell: +16467840446
dana.gorman@h-advisors.world

Alexandra Clements
H/Advisors Abernathy
Cell: +18323888641
alexandra.clements@h-advisors.world

About Kongsberg Maritime AS

Kongsberg Maritime is a world marine know-how firm offering progressive and dependable know-how options for all marine trade sectors. Headquartered in Kongsberg, Norway, Kongsberg Maritime has manufacturing, gross sales, and repair amenities in 34 international locations.

Kongsberg Maritime options cowl all elements of marine automation, security, manoeuvring, navigation, and dynamic positioning in addition to power administration, deck dealing with and propulsion methods, and ship design companies.

Internet: Kongsberg Gruppen | Kongsberg Maritime

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Social media: LinkedIn | Twitter | Fb

About SEACOR Marine

SEACOR Marine supplies world marine and assist transportation companies to offshore power amenities worldwide. SEACOR Marine operates and manages a various fleet of offshore assist vessels that ship cargo and personnel to offshore installations, together with offshore wind farms; help offshore operations for manufacturing and storage amenities; present development, effectively work-over, offshore wind farm set up and decommissioning assist; carry and launch gear used underwater in drilling and effectively set up, upkeep, inspection and restore; and deal with anchors and mooring gear for offshore rigs and platforms. Moreover, SEACOR Marine’s vessels present emergency response companies and lodging for technicians and specialists. Please go to SEACOR Marine’s web site at www.seacormarine.com for added info.

Cautionary Statements

Sure statements mentioned on this launch in addition to in different stories, supplies, and oral statements that the Firm releases on occasion to the general public represent “forward-looking statements” inside the which means of the Personal Securities Litigation Reform Act of 1995. Usually, phrases equivalent to “anticipate,” “estimate,” “anticipate,” “challenge,” “intend,” “imagine,” “plan,” “goal,” “forecast” and related expressions are supposed to establish forward-looking statements. Such forward-looking statements concern administration’s expectations, strategic goals, enterprise prospects, anticipated financial efficiency and monetary situation and different related issues. Ahead-looking statements are inherently unsure and topic to a wide range of assumptions, dangers and uncertainties that would trigger precise outcomes to vary materially from these anticipated or anticipated by the administration of the Firm. These statements aren’t ensures of future efficiency and precise occasions or outcomes could differ considerably from these statements. Precise occasions or outcomes are topic to important recognized and unknown dangers, uncertainties, and different vital elements, a lot of that are past the Firm’s management. It must be understood that it isn’t doable to foretell or establish all such elements. Consequently, the previous shouldn’t be thought of to be an entire dialogue of all potential dangers or uncertainties. Given these threat elements, buyers and analysts mustn’t place undue reliance on forward-looking statements. Ahead-looking statements converse solely as of the date of the doc wherein they’re made. The Firm disclaims any obligation or enterprise to supply any updates or revisions to any forward-looking assertion to replicate any change within the Firm’s expectations or any change in occasions, circumstances, or circumstances on which the forward-looking assertion is predicated, besides as required by regulation. It’s advisable, nevertheless, to seek the advice of any additional disclosures the Firm makes on associated topics in its filings with the Securities and Change Fee, together with Annual Studies on Kind 10-Okay, Quarterly Studies on Kind 10-Q and Present Studies on Kind 8-Okay (if any). These statements represent the Firm’s cautionary statements underneath the Personal Securities Litigation Reform Act of 1995.


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