Wilson Sons Place OSRV Brazil Shipyard Contract

Wilson Sons Estaleiros Ltda, has contracted with  Braizilian subsidiary shipyard Oceanpact  for the construction of four Oil Spill Recovery Vessels (OSRVs), with recovered oil storage capacity of 1,050 m³, a length of 67 meters, and a beam of 14 meters.

Wilson inform that for the construction of the four vessels, Oceanpact will pay approximately BRL 333 million (three hundred and thirty three million brazilian reais). The vessels, which are scheduled to be delivered by 2016, will be built in Wilson Sons' Shipyard complex, in Guarujá (SP).

About Ocean Wilsons Holdings Ltd
Ocean Wilsons Holdings Limited is a Bermuda based investment Company and through its subsidiary operates as a maritime services company in Brazil.

The Company is listed on both the Bermuda Stock Exchange and the London Stock Exchange. It has two principal subsidiaries: Wilson Sons Limited and Ocean Wilsons Investments Limited.

Wilson Sons is one of the largest providers of maritime services in Brazil whose activities include harbour and ocean towage, container terminal operation, offshore support services, logistics, small vessel construction and ship agency. Wilson Sons has over four thousand employees and operates in nearly thirty locations throughout Brazil.