Malaysia: Bumi Armada Finishes $320 M Fleet Renewal Project

Malaysia-based international company, Bumi Armada Berhad,announced the launch of Armada Tuah 85 – the last of their 20 vessel new build programme, Steel on Water 1. The 8000 BHP class AHTS (anchor handling tug and supply) vessel was safely launched on 27 April at 10 am local time, at the shipyard in Batam Island, Indonesia.

Following the launch, Armada Tuah 85 will go into commissioning works and sea trials in the coming weeks and she is scheduled to be delivered in June 2010 to work in India or Caspian Sea.

Bumi Armada’s Chief Executive Officer, Mr Hassan Basma said, ”The Armada Tuah 85 marks the completion of our USD320 million fleet renewal programme, “Steel on Water 1”, which brings our average fleet age to below 5 years. That, together with DP (dynamic positioning) capability, will give our fleet an edge in the OSV (offshore supply vessels) market; we are now able to provide oil majors newer and better equipped vessels.”

With DP capability, 435 sq metres of free deck space and a 5 tonne safe working load (SWL) deck crane to support construction and installation activities, the Armada Tuah 85, is also classed by ABS to safely accommodate up to 38 personnel, including the marine crew.

Malaysia-based international company, Bumi Armada is the owner and operator of offshore support vessels with close to 50 vessels,Bumi Armada Berhad (BA) is growing in floating production storage and offloading(FPSO)installations,Engineering,Process, installation, Construction and Commissioning (EPICC) and ship management. Bumi Armada currently serves clients in Malaysia, South-East Asia,Nigeria, Congo, India, Mexico, Caspian Sea and West Africa.

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Source: Bumiarmada, May 10, 2010;