China Merchants Industry Holdings has entered into shipbuilding agreements with Mermaid Maritime Public Company’s subsidiaries for an aggregate sum of USD 436million.
The agreements relate to the design and construction of two self-erected drilling tenders and one multi-purpose subsea dive support & construction vessel (DSV).
Each newbuild tender rig will cost USD 149 million and the price of DSV is estimated to be USD 138 million.
The delivery of the tender rigs and accompanying equipment sets is expected in the 1Q and 2Q of 2016 respectively, while the delivery of the newbuild DSV is scheduled for the 3Q of 2016.
World Maritime News Staff, January 10, 2014