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Swissco Adds on 2 More Vessels to Fleet

Maritime Activity Reports, Inc.

August 13, 2007

Swissco Adds on 2 More Vessels to Fleet Swissco International Ltd. said that its wholly-owned subsidiary, Swissco Offshore Pte Ltd (SOPL) has added two more offshore support vessels worth $5.7m to their vessel fleet. The first unit is a 147-ft. vessel placed with a Chinese shipyard in Guangzhou slated for delivery in 2H08. This order is the fifth of its kind to be placed with the same shipyard. This recent order is a testament to the Group’s belief in the high demand of such vessels. The second confirmation is a 98-ft. aluminum fast craft, the third to be placed with a Western Australia shipyard. Source: Korea Times