PaxOcean Engineering Zhoushan Co., Ltd. of Singapore, Singapore and The Levingston Corporation, Boerne, Texas, USA announced they have signed a Letter of Intent to build a Levingston designed 415WC (World Class) with an option for one additional similar vessel for an undisclosed contract value. The announcement was made at the new Elevating Boats LLC’s (EBI) facility at Ponchatoula, Louisiana. The Levingston 415WC Jack-up MOU (Mobile Offshore Unit) will be the world’s largest liftboat with 415 feet of legs, an open deck area of 18,300 square feet (1,700 square meters), a net deck load capacity of 1,654 tons (1,500 metric tonnes) with accommodations for 100 personnel including navigation crew. This vessel follows in the footsteps of the Levingston 320E, the world’s current largest liftboat.