Complete Maritime Profile & Reviews of Boka-Sherpa

In a strategic move to bolster its heavy marine transport capabilities, Royal Boskalis Westminster N.V. (Boskalis) has finalized an agreement to acquire Fairmount Marine B.V. and Fairmount OceanTowage Company B.V. (collectively known as Fairmount) from the renowned French firm Louis Dreyfus Armateurs. The acquisition is valued at an impressive average multiple of around six times EBITDA. Fairmount stands as a prominent player in the long-distance ocean towage sector, boasting a fleet of five powerful towing vessels each with a 205 tonnes bollard pull and specialized anchor-handling capabilities. This acquisition positions Boskalis to significantly enhance its offerings in offshore energy operations and salvage projects.

On March 15, 2013, the tugboat Fairmount Sherpa completed a successful delivery of the semi-submersible drilling rig GSF Arctic I to Las Palmas de Gran Canaria, Spain. The journey began off the coast of Rio de Janeiro, Brazil, and spanned nearly 4,000 miles across the Atlantic Ocean at an average speed of 4.1 knots, as reported in the company's press release. Owned by the Houston-based company Transocean, the GSF Arctic I is engineered for deepwater drilling operations, with capabilities to reach depths of up to 10,000 meters. Measuring 78 meters in length and 61 meters in width, the rig is a formidable asset in the offshore industry. Upon arriving offshore Las Palmas, the Fairmount Sherpa undertook critical anchor handling operations, successfully securing the rig in place using its eight anchors. After ensuring the safety and stability of GSF Arctic I, the Fairmount Sherpa received acknowledgments for its essential service in transporting the rig to its designated location.