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Zentech Acquires Derrick Barge 23, Renamed ZEE RIG 3

Zentech, Inc. has acquired the former Derrick Barge 23 and renamed it ZEE RIG 3. “We intend to upgrade the vessel in two phases, first for use as a crane barge with increased lifting capacity, and later as a much larger self-propelled jackup vessel for wind farm installation service,” said Zentech President Ramesh Maini. The vessel is being prepared for conversion work at a Gulf Coast shipyard. The vessel was purchased from Bohen Crane and Equipment Repair LLC.