The decline of the offshore oil and gas industry presents a unique opportunity for the commercial fishing industry. Fewer offshore projects have left hundreds of Platform Supply Vessels (PSVs) out of work, with many now available for sale at below-value prices. PSVs are well-suited for conversion into commercial fishing vessels.
Jensen specializes in identifying vessels that are ideal for conversion and can easily turn laid-up PSVs into revenue-driving commercial fishing boats – often a faster and more cost-effective option than buying new.
Conversion Services
Vessel Identification
Partner with us from the start to acquire the most ideally suited vessel your commercial fishing needs. To help customers identify the best PSV for conversion, we seek to understand all requirements, such as those listed below.
Type of fishing vessel, size and gross tonnage
Cargo type and storage capacity
Processing space
Liquid capacities
Fishing equipment used
Main propulsion horsepower/bollard pull
Generator power
Accommodations and crew space
Concept Development
We provide all conversion concept verification, which includes the following deliverables:
Design reports
Specifications (mission summary and major equipment list)
General arrangement (deck plans and outboard profile)
Engineers estimate
Renderings
Vessel Lay-Up Support
During conversion, Jensen's parent company Crowley Maritime manages the vessel's lay-up requirements, providing:
Secure moorage
Vessel start-up
Transportation
Maintenance
Security
Design
Key to ensuring the modified vessels meets the mission requirements, Jensen recommends including a preliminary design phase that includes the following work:
Preliminary specifications
General arrangement updates
Super-structure lines plans
Preliminary weight estimate and stability report
Structure overview
Structural removals and modifications
Structural new fabrication
Electrical one-line modification diagram
Primary systems modifications drawings
Request for proposal for shipyard
Contract Design and Construction
The contract design phase fully defines the configuration and performance of the vessel. All design aspects are developed to the point where a shipyards can bid for a fixed-price construction contract. Typical deliverables for the contract design phase include:
Contract specifications
Contract and regulatory drawing package
Removal and modification plan
Weight and stability reports
Regulatory package
Owner-furnished equipment list and vendor information
Construction methodology
Construction contract and bid documents
Shipyard bid evaluations and selection report
Vessel Modifications
Jensen provides support throughout the vessel modification phase, as follows:
Removal of unnecessary:
Steel
Equipment
Piping systems
Electrical
Outfitting
Installation of:
Large equipment and materials
New steel structure
Transit of vessel to new yard, as needed
New installation and repair of systems, as well as all related outfitting, including:
Reassembling existing pipe and electrical systems
Installation of new pipe and electrical systems, as well as new equipment
Repair and replace accommodation outfitting
Outfitting of processing and fishing areas
Final test, trials and stability work
In the Sept. 2018 issue of Fishermen’s News, the magazine detailed the opportunity that exists for commercial fishermen to convert laid-up, below-value PSVs into commercial fishing vessels. Read the article here (.PDF).