Rimorchiatori Malta Ltd has announced it has ordered a new $31.5m AHSV type from the Union Naval Valencia. The vessel is designed by Moss Maritime, a Norwegian naval architect forming part of Messrs Saipem, and will be delivered to the Maltese company in March 2010. The vessel is specifically designed to perform offshore activities, living assistance to fixed or floating oil rigs in southern Mediterranean waters. The order will be financed by an Italian Bank, possibly in a pooling arrangement with a Maltese bank. The investment is being made through the company's Maltese subsidiary Menqa Shipping. The vessel will have a dead weight of approximately 2,000 tons with a deck cargo area of 4, 650 sq. ft. and a deck cargo capacity of at least 900 tons.