Press Release 24 June 2008

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Sealion Shipping Ltd is very pleased to announce that, on behalf of Toisa Ltd, an order has been placed with the ABG Shipyard in India for the construction of three new, large Multi-Purpose Offshore Support Vessels.  

This newly designed series of ships will enter service commencing March 2012. Designed to support world-wide Sub-Sea and ROV Offshore Support Duties, her outline specification will be  

LOA                             : 87.40 metres

Beam                          : 19.00 metres

Depth                          :  8.00 metres

DP                               : DP2 / IMO Class 2

Flag                             : Bahamian

Complement               : 60 berths

Deck Area                   : 925 m2

Mezzanine Deck Area : 202 m2

Cranes                        : 1 x 70 tonne sub-sea

                                    : 1 x 5 tonne general purpose

Helideck                      : Rated for Sikorsky S92 (D-value 21 metres)

Propulsion                   : 4-Engine Diesel Electric

Thrusters                    : Bow   - 2 x 1,200 kW tunnel thrusters

                        :           - 1 x 1,000 kW Azimuth drop down thruster

                                    : Stern - 1 x 1,200 kW tunnel thruster

                                    :           - 2 x 2,200 kW Azimuth thrusters

Speed                          : 14.0 knots  

This order represents a positive recognition that, not only is there a clear and increasing demand for multi-purpose offshore support vessels around the world, but that current fleet numbers of such vessels will not be able to service the needs of the offshore oil and gas industry in the future without such new vessels.  

Higher and more demanding standards in safety, dynamic positioning operations and the use of environmentally sensitive vessels can only be met by the introduction of new vessels into the world fleet. We are proud to be a market leader in the operation of such vessels and are committed to ensuring that our clients have access to the best vessels we can provide.  

Toisa currently operate seven MP OSV’s within its modern fleet of twenty three various offshore support vessels. In addition Toisa has a further twelve offshore support vessels under construction which will enter the fleet in the near future.  

Full details of the Toisa Fleet can be found on our website at www.sealionshipping.co.uk and further details of this new order can be obtained from the Chartering Department at :  

Sealion Shipping Ltd, Sealion House, The Courtyard, 17 West Street , Farnham, Surrey, GU9 7DR, England . Tel +44 (0)1252 737 773, Fax +44 (0)1252 737 773  

Farnham UK 24th June 2008.

 

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Sealion Shipping Limited

Sealion House, The Courtyard, 17 West Street, Farnham, Surrey GU9 7DR
Tel: +44 (0)1252 737773 Fax: +44 (0)1252 737770