Mainboard-listed JES International Holdings Limited, a private shipbuilding group based in the PRC, announced that the group has commenced the steel cutting for its first two Platform Support Vessels (PSV) at its shipyard located in Jingjiang City, China. According to the builder, the UT 755 LN Platform Support Vessel is of a sophisticated and well known design, utilizing a comprehensive package from Rolls Royce which includes design and engineering services, as well as all main equipment. The vessels have a capacity of approximately 3,100 deadweight metric tons and a length of 77 meters, built under DNV classification. JES secured a total of four PSVs in the fourth quarter of 2012 from a customer based in Norway - Vega Offshore Management AS.