James Pang News

Pacific Radiance Chooses Ulstein PSV design

Singapore based Pacific Radiance Group ordered two platform supply vessels (PSV) of the Ulstein PX121 design for construction at a Chinese yard. The vessels are estimated for deliveries in Q2 and Q3 2015. The contract includes options for two more vessels. The Pacific Radiance Group is currently managing more than 120 vessels. “After researching a few designs we found that the PX121 design suits our targeted markets in the best possible way”, said James Pang in Pacific Radiance.