ATLANTIC NAVIGATION LTD.
Atlantic Navigation Holdings (Singapore) Limited is a Singapore-based investment holding company and provider of marine logistics services. The company primarily offers offshore support services to the oil and gas industry. Founded in the early 1970s, it has grown to become a significant player in the maritime logistics sector, particularly in the Middle East and Southeast Asia regions.
Key Services and Offerings:
Offshore Support Vessels (OSVs):
- They provide various types of vessels to support offshore drilling and production activities, including Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSVs), and other specialized ships.
Ship Management:
- The company provides comprehensive ship management services covering technical management, crewing, and maintenance, ensuring the smooth and efficient operation of their fleet.
Marine Logistics:
- Logistics services include the transportation of equipment and supplies to and from offshore structures, as well as crew transfer services.
Chartering Services:
- Atlantic Navigation offers both time and voyage charters tailored to the specific needs of their clients in the oil and gas industry.
Engineering and Project Management:
- The company provides engineering solutions and project management services, assisting with the planning and execution of offshore projects.
Geographic Focus:
While headquartered in Singapore, Atlantic Navigation has a strong presence in the Middle East, particularly in the United Arab Emirates, and operates extensively in various regions, including the Indian Ocean and the Arabian Gulf.
Market Position:
Atlantic Navigation has established itself as a reputable provider in the niche market of offshore support services. The company's focus on safety, operational efficiency, and customer satisfaction has enabled it to build a strong client base that includes leading oil and gas companies.
Financial Highlights:
The company is listed on the Singapore Exchange (SGX). Financially, Atlantic Navigation has faced challenges due to the volatile nature of the oil and gas industry, which can impact demand for offshore support services. However, they continue to adapt and seek growth opportunities through strategic partnerships and fleet optimization.
Sustainable Practices:
Like many in the maritime sector, Atlantic Navigation is also investing in sustainable practices, including reducing emissions and enhancing fuel efficiency across its fleet to comply with international environmental standards.
Overall, Atlantic Navigation Ltd. is a dynamic company specializing in marine logistics and offshore support, playing a critical role in the operational success of the oil and gas sector.
Ships
DELTA 22
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