ATL Secures 10-Year OSV Contract for ExxonMobil

ATL’s newest OSV contract creates 100 new jobs

Atlantic Towing Limited (ATL) announced today that it has secured a new 10-year firm contract, plus a total of 15 years of options at the Charterers’ discretion, with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd. (HMDC) for four new state-of-the art Platform Supply Vessels operating out of St John’s, NL. The first ships for the contract will be delivered in 2016 and will join Atlantic Towing’s current fleet of eight offshore support vessels in Atlantic Canada. The new contract means 100 new jobs at Atlantic Towing’s offshore fleet home port of St. John’s, NL.

“ExxonMobil has been a valued customer and we are proud and honored to have the opportunity to support the Hibernia and Hebron operations offshore Newfoundland and Labrador with the highest standard of safety and service,” said Wayne Power , Vice President, Atlantic Towing.

The new ships, to be designed and built by Damen Shipyards Group of the Netherlands, will deliver a number of environmental benefits including Clean Design designation with a diesel electric power plant, the latest environmental control equipment, wave piercing bow design, and enhanced crew comfort.

"This exceptional contract - the largest in our company’s history - will increase our fleet size, our workforce and our overall contribution to the economy in Newfoundland and Labrador,” said Sean Leet,General Manager, Atlantic Towing. “We expect hiring of approximately 100 new positions, which will provide a great opportunity for local seafarers, to begin in December 2015.”

Interested candidates can apply via the Careers section at www.atlantictowing.com