R&R Marine to Build Lightering Support

R&R Marine Fabrication and Drydock has signed an agreement with Pelican Offshore Services Company, Inc. of Galveston, Texas to build four lightering support vessels with an option to build four additional vessels. Pelican Offshore is a wholly owned subsidiary of AET Inc.. Steel for the first of four 185-ft. lightering support vessels is expected to be cut in April 2007. Delivery of the first vessel is scheduled in June 2008 and will be followed by the remaining three vessels in four-month intervals with the last vessel being delivered in June 2009. Pelican Offshore and its parent AET will become the only lightering operator in the Gulf with modern, state-of-the-art support vessels when these new vessels are delivered. The four new vessels will be brought into operation as they are completed. In addition to meeting all U.S. Coast Guard and Environmental

Protection Agency requirements, the new vessels will meet all SOLAS (Safety of Life at Sea) and ABS criteria, and have a foam capable fire monitor, twin Caterpillar 3516 engines, a noise reduction package and other upgrades to increase crew comfort.