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Tue 19 Oct 2010 03:46 PM

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Drydocks World announces $100.4m deal for Tidewater Marine

Deal for four platform supply vessels has an option for a further four more, official statement reveals

Drydocks World announces $100.4m deal for Tidewater Marine
Drydocks World, Dubai World’s ship-repair unit. (ITP Images)

Drydocks World has won a $100.4 million contract to build four platform
supply vessels for Tidewater Marine LLC, a unit of Tidewater Inc.

The deal has an option for four more vessels, Drydocks World,
Dubai World’s ship-repair unit, said in a statement on Tuesday.

The vessels will be built at the Nanindah shipyard at Batam
in Indonesia
with the first ship scheduled for delivery in 18 months time, followed by the
rest every two months.

Each vessel will be 81.55m long, weigh 3,200 tons and will
be equipped with a cargo deck measuring 670 sq m the statement said.

Drydocks World has recently delivered a number of vessels
including Windermere, a subsea operation vessel and OSA Sampson and OSA
Goliath, two of the world's largest offshore construction vessels for Coastline
Maritime.

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