Prosafe Orders Accommodation Duo from COSCO Qidong

Prosafe has completed firm turnkey contracts with the COSCO (Qidong) Offshore Co., Ltd. for the construction of two semi-submersible accommodation vessels. The contracts are in excess of $200 million for each of the two vessels.

Reference is made to the announcement on 7 November 2013 regarding the Letter of Intent entered into with the yard for the engineering, procurement and construction of two semi-submersible accommodation vessels, with options for four further units.

The vessels will be the most advanced and flexible units for worldwide operations excluding Norway, and will be ready for operations in 2016.

The units will be of Gusto MSC’s Ocean 500 design, and will be equipped with 500 beds, DP3 station keeping systems, 10-point chain mooring and 300 tonne cranes. This will allow for operations in both DP and anchored mode, providing maximum cost efficiency and flexibility.

The vessels will be named Safe Notos and Safe Eurus, joining Prosafe’s other newbuilds Safe Boreas and Safe Zephyrus, all named after the gods of wind in Greek mythology.

[mappress]

Press Release, November 22, 2013