DOF has secured firm charter agreements for two anchor handling tug supply vessels in the CARICOM region. Valued between USD 15 million and USD 25 million, the 150-day combined deployment includes integrated remotely operated vehicle subsea services to support regional offshore energy projects.
Norway-headquartered DOF provides offshore vessel operations and subsea engineering services to the global energy sector, managing a specialized fleet of anchor handling tug supply, platform supply, and subsea construction vessels. The offshore services provider has been awarded firm charters for two anchor handling tug supply vessels to operate within the CARICOM region. The combined agreement spans a duration of 150 days and encompasses integrated subsea support, including the deployment of remotely operated vehicles. Both vessels are scheduled to begin mobilization to the region in the near term, with total contract compensation estimated between USD 15 million and USD 25 million.
The charter agreement highlights growing operational demand for specialized offshore support vessels across South American and Caribbean basin developments. As offshore exploration and production activities intensify in regional energy hotspots, oil and gas operators are increasingly securing high-specification vessel capacity to support complex deepwater operations, mooring deployments, and subsea infrastructure maintenance. Securing these charters allows the vessel operator to optimize fleet utilization while capturing favorable day rates in a tightening global offshore supply vessel market.
The mobilization of additional anchor handling capacity into the CARICOM maritime space reflects broader structural expansion in regional energy production. Surging offshore energy developments, particularly across key regional basins, require robust logistical and subsea intervention services to sustain drilling schedules and subsea construction. The inclusion of integrated subsea vehicle services within the vessel package underscores an ongoing market shift where energy operators prefer bundled vessel and subsea intervention solutions over standalone vessel charters to minimize logistical complexity and operational risk.
For energy market participants and vessel operators, the contract highlights sustained upward momentum in offshore service charter rates and asset utilization. As global offshore vessel supply remains constrained following years of reduced capital expenditure on newbuilds, offshore service providers with versatile, high-specification assets are well-positioned to command premium pricing and expand their regional footprints. Investors and supply chain stakeholders can anticipate continued chartering activity in the Caribbean basin as regional energy infrastructure projects advance toward key operational milestones.
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