JUB Pacific has taken its first step into the offshore supply vessel segment with the acquisition of an anchor handling tug and supply (AHTS) vessel, a move that expands its service offerings to oil and gas operators in South-East Asia. The Singapore-based offshore marine solutions provider acquired the 2010-built AHTS Evay, formerly owned by Aussie Offshore Services, according to Splash247. The vessel is a DP2 (dynamic positioning system class 2) unit with a bollard pull of 120 tonnes. Financial details of the acquisition were not disclosed.
Acquisition Details
The Evay is a DP2 anchor handling tug supply vessel built in 2010. DP2 means it has redundant dynamic positioning systems, allowing it to maintain position automatically even if one system fails — critical for offshore support operations. The vessel's 120-tonne bollard pull indicates significant towing capacity for moving rigs and anchors. Splash247 reported that the financial terms of the deal were not disclosed.
Fleet Diversification Strategy
JUB Pacific has historically specialized in operating self-elevating liftboats — vessels with legs that can jack up to create a stable platform for maintenance and construction work. According to the company’s website, it operates a fleet of 16 self-elevating liftboats. The acquisition of the AHTS Evay represents the company’s first move into offshore supply vessels, signaling a strategic diversification beyond liftboats. “The acquisition significantly broadens our operational capabilities and complements our existing fleet of liftboats,” said Derrick Ching, director of JUB Pacific, in a statement. “By integrating this new capability into our current operations, we expect to unlock greater synergies and further strengthen our ability to provide comprehensive, end-to-end solutions and services to our clients.”
Existing Contract and Operational Impact
The vessel already has an existing contract with what JUB Pacific described as a 'major oil company' in South-East Asia, Splash247 reported. This immediately provides utilization for the vessel and integrates JUB Pacific into the offshore supply chain for oil exploration and production activities in the region. For logistics managers and freight forwarders serving the offshore energy sector, JUB Pacific’s expanded fleet means increased capacity for anchor handling, towing, and supply runs, potentially reducing dependency on third-party AHTS providers.
Shipper and Operator Implications
For oil companies operating in South-East Asian waters, JUB Pacific now offers a broader range of integrated offshore support services — from liftboat-based platform maintenance to AHTS-based towage and supply. This could simplify procurement and reduce the number of contractors needed for complex offshore projects. Competing offshore vessel operators may face additional competition from a company with a strong liftboat customer base.
| Vessel | Year Built | Type | Dynamic Positioning | Bollard Pull | Former Owner |
|---|---|---|---|---|---|
| Evay | 2010 | AHTS | DP2 | 120 tonnes | Aussie Offshore Services |
Watch List
- Further acquisitions of AHTS or other offshore supply vessels by JUB Pacific as it deepens its diversification.
- Contract renewals or expansions with the major oil company in South-East Asia.
- Potential synergies with JUB Pacific's existing liftboat fleet, such as combined vessel packages for offshore projects.
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