GulfMark Offshore Announces Construction of Two PSVs for US Gulf of Mexico

GulfMark Offshore Announces Construction of Two PSVs for US Gulf of Mexico

GulfMark Offshore Inc., a company which serves major offshore energy markets in the world through the provision of marine transportation services, announced the construction of two additional Jones Act PSVs for the U.S. Gulf of Mexico.

According to Bruce Streeter, President and CEO, this will bring the total number of vessels under construction to 11, with seven vessels destined for the North Sea and international markets and four destined for the U.S. Gulf of Mexico.

The two PSVs being constructed at BAE Systems are 300 Class, DP2, fire-fighting certified, multi-service platform supply vessels.

Mr. Streeter added that the total cost of these two vessels is anticipated to be below $100 million, and delivery of the vessels will be in the fourth quarter of 2014 and the first quarter of 2015.

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Source: GulfMark Offshore, July 26, 2012