Stanford Mustang Hits the Water
- Business & Finance
Fujian Mawei Shipyard in Fuzhou, China has successfully launched the Stanford Mustang, a 50m Anchor Handling Tug (AHT).
The tug, owned by Stanford Marine, is equipped with a special low air draft design, to enable the safe passage below the bridges that connect offshore installations.
The Stanford Mustang pertains to a MMC 950 design. The vessel has been purpose built for a contract in Qatar scheduled to start in June once the vessel is delivered.
“This vessel demonstrates Marine Assets Corporation’s (MAC) ability to take specific client requirements, tailor the design and coordinate a timely and cost effective delivery to the new owner,” the company said in a release.
MAC, April 30, 2014