Monday, October 1, 2007

Whitesea places $120m order for six vessels

Whitesea Shipping and Supply, a Sharjah-based marine offshore services firm, said it has placed a $120 million order for six new anchor handling tug supply vessels and plans to sell some of its old boats.


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Argentina's Astillero Rio Santiago Company will build the boats, with deliveries to be completed in about three years. The company hopes to acquire all six vessels and will take a decision after evaluating the technical information. The vessels will be built to specifications that will enable them to deliver a bollard pull of more than 100 tonnes.Bollard pull is a measurement of a watercraft's pulling capacity. At present Whitesea has 30 vessels deployed in the Gulf and on the western coast of India.


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