Wilson Sons wins two PSV contracts (Brazil)

Business & Finance

May 6, 2014

Wilson Sons Limited has secured two platform supply vessels contracts.

The company today said that, through Wilson Sons Ultratug Offshore (“WSUT”), in which Wilson Sons has a 50% of interest, it secured contracts with Petrobras for the operation of two Platform Supply Vessels (PSVs).

The contracts are for six years, with the option to renew for a further six years.

The vessels will be 4,500 tons deadweight and will be built at the Wilson Sons shipyard in Guarujá, São Paulo, and have a limit time for delivery in 2017. In addition to these vessels, Wilson Sons, in partnership with Remolcadores Ultratug, has a further three PSVs ordered from an international shipyard.

WSUT currently operates nineteen offshore support vessels, all under contract with Petrobras.

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, May 06, 2014