Singapore's JES Holdings' PSV Newbuild Option Taken Up

JES International Holdings Limited reports Norwegian customer has exercised option for four more UT 755 LN Platform Support Vessels (PSV's).

The ships will be delivered in early 2015.


“The group is thrilled that our expansion plans into the offshore space have taken off, and is making good progress. As the requirements for offshore shipbuilding are much more stringent, the group will be making strides in our technical capabilities as well as yard management,” said Jin Xin, chairman and ceo of JES.