Marine Link
Friday, September 30, 2016

Swire Orders New Offshore Vessels

February 14, 2008

Swire Pacific (0019.HK) Offshore Holdings (SPO) has signed an agreement with Qingdao Qianjin Shipyard, Qingdao, to build eight new "P" Class Anchor Handling Tug Supply vessels (AHTS) for delivery in 2010 and 2011. The agreement was signed on 24th January by SPO's Managing Director.

The new 4,800 hp, IMT957-design vessels will be 57 metres long, with a bollard pull of 60 metric tons; the first pair of AHTS is scheduled for delivery in August 2010, with the remaining pairs of vessels delivering at four-monthly intervals thereafter. The contract, which is worth in the region of US$100 million, completes the major part of an ongoing fleet replacement program, and when the last of these eight new vessels is delivered in 2011, the wholly owned Swire Pacific subsidiary will have replaced 24 of its older vessels, and increased its fleet size to 86 vessels, with an average age of 11.



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News