GulfMark Offshore Takes Delivery of Arctic Class Platform Supply Vessel (PSV)

HOUSTON, Jan. 23, 2017 -- GulfMark Offshore, Inc. (NYSE:GLF) announced today that its Norway subsidiary, GulfMark Norge AS has taken delivery of Arctic class PSV, Christened the “North Barents”, from Simek AS Shipyard in Norway.

North Barents, a ST-216 Arctic design by Skipsteknisk AS is the third of this type to be built for GulfMark. This dynamically positioned 5000 dwt vessel is classified with DNV Clean Design, Winterized, Ice Class, and Oil Recovery (NOFO 2009) notations. The vessel has accommodations for 40 persons, holding Comfort Class, Standby rescue certification (NMD 300) and is compliant with the Special Purpose Ships Code.

The North Barents was built by Simek in Flekkefjord, Norway for 360 million NOK (approximately US $42 million) and has commenced trading in Norway.

Quintin Kneen, GulfMark Offshore President and CEO, commented, “The North Barents represents GulfMark’s commitment to operating a technologically advanced fleet of vessels with this class-leading delivery. She is ideally suited for harsh environment operations and further strengthens our market position in the North Sea, where we remain the largest operator of Platform Supply Vessels.”

Contact: Michael Newman 
Investor Relations                   
E-mail: [email protected]