Reach Subsea signs multi-year deal with Agalas

REACH Subsea, the trusted data and subsea service provider for ocean-based industries, has signed an attractive three or five-year charter ...

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REACH Subsea, the trusted data and subsea service provider for ocean-based industries, has signed an attractive three or five-year charter contract and additional options with Agalas for a modern IMR/Survey vessel with low emission, smart lifting arrangement and a state of the art equipment package that can be adapted to several market segments, with delivery early 2026.

The market for subsea vessels is expected to remain tight for the foreseeable future, and with the innovative Agalas low-emission vessel, we will to an even larger degree be able to leverage the global market and continue our profitable growth. 

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The vessel is well suited for solving complex tasks within the rapidly growing renewables energy sector, oil & gas as well as emerging ultra deep-water seabed surveys for the seabed mineral industry. The vessel equipped with a 150-ton AHC knuckle boom crane and a spacious deck area of approximately 900 square meters makes it well-suited for conducting IMR and construction work.

Jostein Alendal, CEO of Reach Subsea, said: “The vessel, equipped with dual fuel gensets, can run on either methanol or a combined MGO/battery system, bolstering Reach Subsea’s commitment to sustainability and climate. 

“When powered by methanol, the vessel’s CO2 emissions are anticipated to be approximately 70% than those of the existing fleet.

“When using the MGO/battery system it is projected to achieve a reduction of around 20%.”

The new vessel will be constructed at the Sefine Shipyard in Turkey. It will be tailored to Reach Subsea’s requirements, and specifications have been developed in close collaboration between Reach, Agalas and NSK Ship Design (as designer). 

It will be equipped with an innovative ROV launch and recovery system (LARS) and prepared for the deep-water seabed survey market.

Jostein added: “The market for subsea vessels is expected to remain tight for the foreseeable future, and with the innovative Agalas low-emission vessel, we will to an even larger degree be able to leverage the global market and continue our profitable growth. 

“The vessel is well suited for solving complex tasks within the rapidly growing renewables energy sector, oil & gas as well as emerging ultra deep-water seabed surveys for the seabed mineral industry. 

“The vessel equipped with a 150-ton AHC knuckle boom crane and a spacious deck area of approximately 900 square meters makes it well-suited for conducting IMR and construction work.”

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