China: COSL Buys Two Platform Supply Vessels

China Oilfield Services Limited (COSL) announced that it has purchased two newly-constructed platform supply vessels (PSVs) built by Xiamen Shipbuilding Industry Co., Ltd.

The vessels belong to the same KCM75M model and each of them has an overall length of 75 meters, an overall deck area of 700 sq. m, gross tonnage of 3,300 tonnes and a main-turbine power output of 6,000 horsepower.

Equipped with a DP2 dynamic positioning capability, each vessel is able to carry fuel, drilling fluids, fresh water, bulk materials etc., and is able to prevent fire outbursts and improve recovery on spillage.

One of the vessels has been built already and it has been delivered, while the other vessel’s delivery will take place upon construction completion by the end of August.

After undergoing equipment adjustment and obtaining related licenses, both vessels are expected to commence operation in the fourth quarter of 2013.

The vessels are able to satisfy requirements for operations in the South China Sea, thereby further enhancing the Group’s capabilities in marine service and transport sector.

[mappress]

World Maritime News Staff, July 30, 2013