Jaya's New Deepwater PSV Commences Work in Southeast Asia

Singapore-listed Jaya Holdings Limited, an offshore energy services provider, reported Friday the delivery of its first high-specification, Deepwater Platform Supply Vessel (PSV) - Jaya Valour.

The vessel was delivered on schedule and on delivery went on-hire immediately, embarking on its maiden voyage as part of a long term charter contract in South East Asia with an existing customer undertaking fracturing work.

Jaya Valour is one of the 4 PSVs in Jaya’s new build program, of which 3 have already secured contracts for charter. The total value of these 3 contracts is more than $60 million, including optional extension periods.

Jaya Valour has more than 10,764 square feet (1,000 square meters) of clear deck space, fire fighting capability and dynamic positioning (DP) to DP-2 class. The vessel has accommodation for up to 60 people on board including workout equipment and an internet café.

The vessel has the capacity to carry up to 5,500 tons of cargo deadweight and her versatile cargo capacities have been further upgraded to be able to load, process and deliver specialized fracturing proppants to stimulate production from offshore oil and gas wells.

The Group owns and operates more than 25 offshore vessels working across South East Asia, the Middle East and West Africa on charter to both oil companies and offshore services companies.

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