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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ABP orders Two Gottwald cranes

Terex Port Solutions (TPS) has received an order from Associated British Ports (ABP) for two electric Terex Gottwald Model 8 portal harbour cranes in the G HSK 8424 B four-rope grab variant.

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

Baltic Index up for Third Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, for a third straight session, on rising demand across all vessel segments.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.0667 sec (15 req/sec)