Subsea 7 Orders $190m Pipelay Vessel

Monday, April 28, 2008

Subsea 7 signed a contract for the construction of a new-build pipelay and construction vessel.  The overall project cost is in the region of $190m and is based on fixed prices from the Merwede shipyard.  The vessel will have an overall length of 133m and a beam of 24m.  She will be equipped with a pipelay suite for installing flexible flowlines and umbilicals, including a Vertical Lay System tower and twin underdeck carousels, a 250t crane from Huisman and twin 3000m-rated ROVs.  The ship is expected to be delivered in the third quarter of 2010.  The vessel further enhances Subsea 7's pipelay capabilities, particularly in deepwater. Mel Fitzgerald, Subsea 7's Chief Executive Officer, stated: "We have invested in excess of $1bn in new vessels and equipment between 2006 - 2008.  Seven new vessels will join the fleet between 2007 and 2009.  This investment in yet another new vessel demonstrates our considerable commitment to becoming the Subsea Partner of Choice for our customers and reinforces our confidence in the market going forward." "It also builds on Subsea 7's already strong working relationship with the Merwede shipyard where we have successfully built the Seven Oceans and Seven Seas on time and on budget, and also with Huisman."

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Double Order for Super Gloria Reachstacker

Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built,

Algoma Central Orders New Great Lakes Ships

Algoma Central Corporation announces $160 million investment in fleet expansion and fleet renewal   Algoma Central Corporation announced that it has acquired

Russia, France Close to Deal on Mistrals

Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian

 
 
Maritime Security Naval Architecture Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2243 sec (4 req/sec)